Common use of CARD BLOCKAGE Clause in Contracts

CARD BLOCKAGE. 11.1. The Bank reserves the right to block the card for objectively justified reasons, related to the security of the payment instrument, a suspicion related to its unauthorized or fraudulent use or, if the Bank granted to the Holder an overdraft facility, a significantly increased risk that the Holder cannot pay. 11.2. In the cases indicated under section 11.1, the Bank informs the Holder and, as the case may be, the Authorized User, by using the methods provided under article 12, in relation to the blockage of the payment instrument and the reasons for this blockage, if possible, before the blockage, and at the latest immediately after its blockage, unless the provision of this information could not be considered acceptable for objectively justified security reasons, or is prohibited by other relevant legal provisions in the national law or the European Union law. 11.3. The Banks provided unblocks the payment instrument or replaces it with a new payment instrument once the blockage reasons cease to exist. The Holder may request the card to be unblocked [by calling the telephone number indicated in clause 9.3].

CARD BLOCKAGE. 11.1. The Bank reserves the right to block the card for objectively justified reasons, related to the security of the payment instrument, a suspicion related to its unauthorized or fraudulent use or, if the Bank granted to the Holder an overdraft facility, a significantly increased risk that the Holder cannot pay. 11.2. In the cases indicated under section 11.1, the Bank informs the Holder and, as the case may be, the Authorized User, by using the methods provided under article 12, in relation to the blockage of the payment instrument and the reasons for this blockage, if possible, before the blockage, and at the latest immediately after its blockage, unless the provision of this information could not be considered acceptable for objectively justified security reasons, or is prohibited by other relevant legal provisions in the national law or the European Union law. 11.3. The Banks provided unblocks the payment instrument or replaces it with a new payment instrument once the blockage reasons cease to exist. The Holder may request the card to be unblocked [by calling the telephone number indicated in clause 9.3].