E-MONEY. 6.1. The Client may deposit funds into the Account, withdraw funds from the Account, hold funds in the Account, transfer, accept and perform other operations which Verifo allows to execute with the Account. 6.2. All funds kept in Your Account are E-money that are issued by Verifo. When You make a deposit and/or receive funds in the Account, Verifo will issue E-money and credit them to the Account at the nominal value of the funds deposited and/or accepted (after paying Agent Fees, if applicable). 6.3. Funds kept in Your Account are not a deposit or other repayable funds and Verifo shall not pay any interest and shall not provide any other benefits associated with the period E-money are stored. 6.4. You can top up Your Account by: a) receiving transfers from a bank or other payment service provider accounts supported by the Agent System; b) receiving transfers from other Verifo client. 6.5. Verifo and Agent keeps the right to require that the first top up to Your Account would be from Your bank account. 6.6. You should carefully follow the instructions for top up provided in the Agent System. Verifo and Agent shall not be responsible for any fail to follow provided instructions and losses related to it. 6.7. The funds in the Account are the property of the Client, except for the Fees, losses and other similar amounts payable to Verifo or Agent, as provided by this Agreement and other agreements between the Parties or the legal acts. 6.8. The Client is entitled to redeem E-money from the Account at any time, except in cases where the Account and/or the provision of Services to the Client are blocked or otherwise restricted in accordance with this Agreement or other agreements between Parties or the legal acts. When redeeming E-money from the Account, the amount of E-money withdrawn by the Client (after deduction of Agent fees, if applicable) is redeemed by Verifo at nominal value and transferred to the bank or other type of account specified by the Client or transferred by other methods supported by Verifo. During the term of the Agreement, the Client may redeem all or part of the E-money from the Account. Upon termination of the Agreement, the Client may only redeem all E-money from the Account. 6.9. Fees for using the Account, including fees for the issuance and redemption of E- money, are indicated in the Website. 6.10. The fee for the redemption of E-money only applies in the following cases: 1) the Client requests to redeem E-money before the expiry of the term of the Agreement;
Appears in 1 contract
Samples: General Service Agreement
E-MONEY. 6.1. The Client may deposit funds into the Account, withdraw funds from the Account, hold funds in the Account, transfer, accept and perform other operations which Verifo allows to execute with the Account.
6.2. All funds kept in Your Account are E-money that are issued by Verifo. When You make a deposit and/or receive funds in the Account, Verifo will issue E-money and credit them to the Account at the nominal value of the funds deposited and/or accepted (after paying Agent Verifo Fees, if applicable).
6.3. Funds kept in Your Account are not a deposit or other repayable funds and Verifo shall not pay any interest and shall not provide any other benefits associated with the period E-money are stored.
6.4. You can top up Your Account by: a) receiving transfers from a bank or other payment service provider accounts supported by the Agent Verifo System; b) receiving transfers from other Verifo client.
6.5. Verifo and Agent keeps the right to require that the first top up to Your Account would be from Your bank account.
6.6. You should carefully follow the instructions for top up provided in the Agent Verifo System. Verifo and Agent shall not be responsible for any fail to follow provided instructions and losses related to with it.
6.7. The funds in the Account are the property of the Client, except for the Fees, losses and other similar amounts payable to Verifo or AgentVerifo, as provided by this Agreement and other agreements between Verifo and the Parties Client or the legal acts.
6.8. The Client is entitled to redeem E-money from the Account at any time, except in cases where the Account and/or the provision of Verifo’s Services to the Client are blocked or otherwise restricted in accordance with this Agreement or other agreements between Parties Verifo and the Client or the legal acts. When redeeming E-money from the Account, the amount of E-money withdrawn by the Client (after deduction of Agent Verifo fees, if applicable) is redeemed by Verifo at nominal value and transferred to the bank or other type of account specified by the Client or transferred by other methods supported by Verifo. During the term of the Agreement, the Client may redeem all or part of the E-money from the Account. Upon termination of the Agreement, the Client may only redeem all E-money from the Account.
6.9. Fees for using the Account, including fees for the issuance and redemption of E- E-money, are indicated in shown on the Website.
6.10. The fee for the redemption of E-money only applies in the following cases: 1) the Client requests to redeem E-money before the expiry of the term of the Agreement;
Appears in 1 contract
Samples: General Service Agreement
E-MONEY. 6.1. The Client may deposit funds into the Account, withdraw funds from the Account, hold funds in the Account, transfer, accept and perform other operations which Verifo allows to execute with the Account.
6.2. All funds kept in Your Account are E-money that are issued by Verifo. When You make a deposit and/or receive funds in the Account, Verifo will issue E-money and credit them to the Account at the nominal value of the funds deposited and/or accepted (after paying Agent Verifo Fees, if applicable).
6.3. Funds kept in Your Account are not a deposit or other repayable funds and Verifo shall not pay any interest and shall not provide any other benefits associated with the period E-money are stored.
6.4. You can top up Your Account by: a) receiving transfers from a bank or other payment service provider accounts supported by the Agent Verifo System; b) receiving transfers from other Verifo client.
6.5. Verifo and Agent keeps the right to require that the first top up to Your Account would be from Your bank account.
6.6. You should carefully follow the instructions for top up provided in the Agent Verifo System. Verifo and Agent shall not be responsible for any fail to follow provided instructions and losses related to with it.
6.7. The funds in the Account are the property of the Client, except for the Fees, losses and other similar amounts payable to Verifo or AgentVerifo, as provided by this Agreement and other agreements between Verifo and the Parties Client or the legal acts.
6.8. The Client is entitled to redeem E-money from the Account at any time, except in cases where the Account and/or the provision of Verifo’s Services to the Client are blocked or otherwise restricted in accordance with this Agreement or other agreements between Parties Verifo and the Client or the legal acts. When redeeming E-money from the Account, the amount of E-money withdrawn by the Client (after deduction of Agent Verifo fees, if applicable) is redeemed by Verifo at nominal value and transferred to the bank or other type of account specified by the Client or transferred by other methods supported by Verifo. During the term of the Agreement, the Client may redeem all or part of the E-E- money from the Account. Upon termination of the Agreement, the Client may only redeem all E-money from the Account.
6.9. Fees for using the Account, including fees for the issuance and redemption of E- money, are indicated in shown on the Website.
6.10. The fee for the redemption of E-money only applies in the following cases: 1) the Client requests to redeem E-money before the expiry of the term of the Agreement;
Appears in 1 contract
Samples: General Service Agreement
E-MONEY. 6.1. The Client may deposit funds into the Account, withdraw funds from the Account, hold funds in the Account, transfer, accept and perform other operations which Verifo allows to execute with the Account.
6.2. All funds kept in Your Account are E-money that are issued by Verifo. When You make a deposit and/or receive funds in the Account, Verifo will issue E-money and credit them to the Account at the nominal value of the funds deposited and/or accepted (after paying Agent Fees, if applicable).
6.3. Funds kept in Your Account are not a deposit or other repayable funds and Verifo shall not pay any interest and shall not provide any other benefits associated with the period E-money are stored.
6.4. You can top up Your Account by: a) receiving transfers from a bank or other payment service provider accounts supported by the Agent System; b) receiving transfers from other Verifo client.
6.5. Verifo and Agent keeps the right to require that the first top up to Your Account would be from Your bank account.
6.6. You should carefully follow the instructions for top up provided in the Agent System. Verifo and Agent shall not be responsible for any fail to follow provided instructions and losses related to it.
6.7. The funds in the Account are the property of the Client, except for the Fees, losses and other similar amounts payable to Verifo or Agent, as provided by this Agreement and other agreements between the Parties or the legal acts.
6.8. The Client is entitled to redeem E-money from the Account at any time, except in cases where the Account and/or the provision of Services to the Client are blocked or otherwise restricted in accordance with this Agreement or other agreements between Parties or the legal acts. When redeeming E-money from the Account, the amount of E-money withdrawn by the Client (after deduction of Agent fees, if applicable) is redeemed by Verifo at nominal value and transferred to the bank or other type of account specified by the Client or transferred by other methods supported by Verifo. During the term of the Agreement, the Client may redeem all or part of the E-money from the Account. Upon termination of the Agreement, the Client may only redeem all E-money from the Account.
6.9. Fees for using the Account, including fees for the issuance and redemption of E- E-money, are indicated in the Website.
6.10. The fee for the redemption of E-money only applies in the following cases: 1) the Client requests to redeem E-money before the expiry of the term of the Agreement;
Appears in 1 contract
Samples: General Service Agreement