2011/728/: Decision of the European Central Bank of… Article 2

Opening of cash accounts

Article 2

Decision ECB/2010/31 is amended as follows: (1) Article 1 is replaced by the following: ‘Article 1 Opening of cash accounts The ECB may, upon request of the NCB of a borrower Member State, open cash accounts in the name of such NCB for the processing of payments in connection with a Loan Facility Agreement or Financial Assistance Facility Agreement (hereinafter an ‘NCB cash account’).’; (2) Article 2 is replaced by the following: ‘Article 2 Acceptance of payments on the cash accounts An NCB cash account shall only be used to process payments in connection with a Loan Facility Agreement or Financial Assistance Facility Agreement.’.

Read the full instrument →

Other provisions in 2011/728/: Decision of the European Central Bank of…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 2 of 2011/728/: Decision of the European Central Bank of… (LawPlayer, data as of 2026-07-04)

What to look at next

2011/728/: Decision of the European Central Bank of…, full textThe complete text of this law, so you can read this section in contextEuropean Union legislation EU Legal Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year European Union: what this database coversWhich datasets are here, which official source they come from, and how current they areEuropean Union overview