ACCOUNT BALANCES AND TRANSACTION INFORMATION. A Client can check the balance of their account and their transaction history information by Internet bank at any time. Information regarding incoming and outgoing payments made using the Virtual IBAN are accessible in the Internet Bank, along with other transaction details.
7.1. Through your account, you will be able to print a hard copy of the transaction history ledger or export it in CSV/PDF format. The transaction history details that are available to you online will extent to a 24-month period. Should you wish to receive a statement that includes a period further than the 24 months available online, you will need to contact one of our client representatives to provide you with an “Offline” one. Offline transaction statements will never extend beyond a 60- month period (five years) and you may be charged a fee for it. You will be informed of the potential fee prior to giving us your instructions.
7.2. A balance will always be shown even if the amount is zero. Positive balances will not be paid any interest since the balance is in e-money and the account is not considered a deposit account making it illegal to earn interest.
7.3. You agree that Oro Pay may settle any outstanding balances owed to it by using amounts from the balance you maintain in your Oro Pay account. Oro Pay will try to settle any amounts due to it by a Client in Euro. In the rare event that the Client will owe Oro Pay an amount and will not have a balance in the Euro account, Oro Pay may use a variety of methods to settle the balance. You agree that such potential methods may include:
(a) Deduction from e-money received into your account;
(b) Deduction from the amount requested for withdrawal;
(c) Use of amount in a different currency under your account. Should this method be used, you agree to be liable for any conversion costs. Any balances that you owe to Oro Pay for more than 15 working days will automatically be deducted from any available balance in any currency you may hold in your account. Oro Pay has the right to convert that amount into Euro with the cost of such conversion be borne by you.
7.4. As security for any potential balances that a Client may owe to Oro Pay, the Client agrees to grant the Company with a first right or legal claim (a “lien”) on balances and proceeds in his account.
7.5. The currencies Oro Pay allows you to transact in have no peg to any other currency and their value fluctuates daily. Maintaining balances in more than one currency can be risky and ...
ACCOUNT BALANCES AND TRANSACTION INFORMATION. 11.1 You may view your balances or your transaction history by accessing your NETinfoPAY App. The process of doing so is by logging into your account and entering your login credentials (username and password and/or PIN).
11.2 The balance on your E-Money Account will always be displayed when you login to your NETinfoPAY App. Positive balances will not be paid any interest.
11.3 In case you owe any funds to the company, you agree that the Company may exercise its right of set-off vis-à-vis any positive balance in your E-Money Account in accordance with Clause 14.
11.4 As security for any potential balances that a User may owe to the Company, the User agrees to grant the Company with a first right or legal claim (a “lien”) on balances and proceeds in his account
