Common use of In cases provided by Art Clause in Contracts

In cases provided by Art. 85.1 and 85.3, the effective debiting of the amount in the debit Card Account or with Portable Accessories is performed as follows: 85.5.1. Banking Transactions performed on Romania’s territory (in XXX): (a) the accounts in XXX will be debited from the Account by the value in XXX of the performed operations; (b) the accounts in foreign currency will be debited from the Account in its currency, as follows: (i) if the Banking Transaction is performed at BCR POS/ATM, the trading rate is NBR Reference Exchange Rate on the date the transaction is settle with BCR plus the currency exchange fee; while (ii) if the Banking Transaction is performed at the POS/ATM of other banking institutions in Romania, the trading rate is that provided in Art. 85.5.2. 85.5.2. The international transactions are registered in the Account in the currency of the respective Account: (a) for cards or Portable Accessories issued under Visa/Visa Electron logo, if the original transaction currency is different from the Account currency, Visa will exchange the transaction value in the Account currency at Visa Reference Exchange Rate of the Working Day before the transaction settlement with BCR, plus the foreign currency exchange fee; and (b) for cards or Portable Accessories issued under MasterCard/Maestro logo if the original transaction currency is different from the settlement currency with MasterCard (EUR and/or USD), the value of cleared and settled transactions by MasterCard and the related fees will be exchanged into the Account currency at NBR Reference Exchange Rate of the transaction processing day, plus the foreign currency exchange fee. If the original transaction currency is different from settlement currency with MasterCard (EUR and/or USD), by the case, MasterCard will exchange the original transaction value into the settlement currency at Mastercard Reference Exchange Rate. 85.5.3. For Banking Transactions where the Card is not present (internet, telephone, etc.) the merchant can ask the Holder/User to supply certain codes (for instance, CVV2/CVC2 of the 3D-Secure password).

Appears in 5 contracts

Samples: Framework Agreement for Banking Services, Framework Agreement for Banking Services, Framework Agreement for Banking Services

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In cases provided by Art. 85.1 and 85.3, the effective debiting of the amount in the debit Card Account or with Portable Accessories is performed as follows: 85.5.1. Banking Transactions performed on Romania’s territory (in XXX): (a) the accounts in XXX will be debited from the Account by the value in XXX of the performed operations; (b) the accounts in foreign currency will be debited from the Account in its currency, as follows: (i) if the Banking Transaction is performed at BCR POS/POS/ ATM, the trading rate is NBR Reference Exchange Rate on the date the transaction is settle with BCR plus the currency exchange fee; while (ii) if the Banking Transaction is performed at the POS/ATM of other banking institutions in Romania, the trading rate is that provided in Art. 85.5.2. 85.5.2. The international transactions are registered in the Account in the currency of the respective Account: (a) for cards or Portable Accessories issued under Visa/Visa/ Visa Electron logo, if the original transaction currency is different from the Account currency, Visa will exchange the transaction value in the Account currency at Visa Reference Exchange Rate of the Working Day before the transaction settlement with BCR, plus the foreign currency exchange fee; and (b) for cards or Portable Accessories issued under MasterCard/MasterCard/ Maestro logo if the original transaction currency is different from the settlement currency with MasterCard (EUR and/or and/ or USD), the value of cleared and settled transactions by MasterCard and the related fees will be exchanged into the Account currency at NBR Reference Exchange Rate of the transaction processing day, plus the foreign currency exchange fee. If the original transaction currency is different from settlement currency with MasterCard (EUR and/or and/ or USD), by the case, MasterCard will exchange the original transaction value into the settlement currency at Mastercard Reference Exchange Rate. 85.5.3. For Banking Transactions where the Card is not present (internet, telephone, etc.) the merchant can ask the Holder/Holder/ User to supply certain codes (for instance, CVV2/CVV2/ CVC2 of the 3D-Secure password).

Appears in 1 contract

Samples: Framework Agreement for Banking Services

In cases provided by Art. 85.1 and 85.3, the effective debiting of the amount in the debit Card Account or with Portable Accessories is performed as follows: 85.5.1. Banking Transactions performed on Romania’s territory (in XXX): (a) the accounts in XXX will be debited from the Account by the value in XXX of the performed operations; (b) the accounts in foreign currency will be debited from the Account in its currency, as follows: (i) if the Banking Transaction is performed at BCR POS/ATM, the trading rate is NBR Reference Exchange Rate on the date the transaction is settle with BCR plus the currency exchange fee; while (ii) if the Banking Transaction is performed at the POS/ATM of other banking institutions in Romania, the trading rate is that provided in Art. 85.5.2. 85.5.2. The international transactions are registered in the Account in the currency of the respective Account: (a) for cards or Portable Accessories issued under Visa/Visa Electron logo, if the original transaction currency is different from the Account currency, Visa will exchange the transaction value in the Account currency at Visa Reference Exchange Rate of the Working Day before the transaction settlement with BCR, plus the foreign currency exchange fee; and (b) for cards or Portable Accessories issued under MasterCard/Maestro logo if the original transaction currency is different from the settlement currency with MasterCard (EUR and/or USD), the value of cleared and settled transactions by MasterCard and the related fees will be exchanged into the Account currency at NBR Reference Exchange Rate of the transaction processing day, plus the foreign currency exchange fee. If the original transaction currency is different from settlement currency with MasterCard (EUR and/or USD), by the case, MasterCard will exchange the original transaction value into the settlement currency at Mastercard Reference Exchange Rate. 85.5.3. For Banking Transactions where the Card is not present (internet, telephone, etc.) the merchant can ask the Holder/User to supply certain codes (for instance, CVV2/CVC2 of the 3D-, static password, 3D Secure password).

Appears in 1 contract

Samples: Framework Agreement for Banking Services

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In cases provided by Art. 85.1 and 85.3, the effective debiting of the amount in the debit Card Account or with Portable Accessories is performed as follows: 85.5.1. Banking Transactions performed on Romania’s territory (in XXX): (a) the accounts in XXX will be debited from the Account by the value in XXX of the performed operations; (b) the accounts in foreign currency will be debited from the Account in its currency, as follows: (i) if the Banking Transaction is performed at BCR POS/ATM, the trading rate is NBR Reference Exchange Rate on the date the transaction is settle with BCR plus the currency exchange fee; while (ii) if the Banking Transaction is performed at the POS/ATM of other banking institutions banks in Romania, the trading rate is that provided in Art. 85.5.2. 85.5.2. The international transactions are registered in the Account in the currency of the respective Account: (a) for cards or Portable Accessories issued under Visa/Visa Electron logo, if the original transaction currency is different from the Account currency, Visa will exchange the transaction value in the Account currency at Visa Reference Exchange Rate of the Working Day before the transaction settlement with BCR, plus the foreign currency exchange fee; and (b) for cards or Portable Accessories issued under MasterCard/Maestro logo if the original transaction currency is different from the settlement currency with MasterCard (EUR and/or USD), the value of cleared and settled transactions by MasterCard and the related fees will be exchanged into the Account currency at NBR Reference Exchange Rate of the transaction processing day, plus the foreign currency exchange fee. If the original transaction currency is different from settlement currency with MasterCard (EUR and/or USD), by the case, MasterCard will exchange the original transaction value into the settlement currency at Mastercard Reference Exchange Rate. 85.5.3. For Banking Transactions where the Card is not present (internet, telephone, etc.) the merchant can ask the Holder/User to supply certain codes (for instance, CVV2/CVC2 of the 3D-Secure password).

Appears in 1 contract

Samples: Framework Agreement for Banking Services

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