Common use of Funds in the Account Clause in Contracts

Funds in the Account. Only the Business can add money to the Account. The Cardholder will not be able to add money to the Account. At your request, part or all of electronic money held on the Account will be redeemed at their par value at any time, except if otherwise established under this Agreement or legal acts. You can choose the amount of redeemed electronic money. Where redemption of electronic money is requested by you on or up to one year after the date of the termination of this Agreement, the total monetary value of the electronic money held by you will be redeemed. We reserve the right to suspend or terminate the right to add money to the Account at any time without notice. The Business solely owns the funds representing the Available Balance and is the beneficial owner of these funds.