Common use of Morocco Clause in Contracts

Morocco. Upon enablement of the withdrawal functionality to a Moroccan bank account with the bank partner of PayPal, you will be required to comply with Moroccan laws and regulations. This means notably that if you receive amounts into your PayPal balance from a PayPal user, you must withdraw the amounts in your PayPal balance to your Moroccan bank account* within 30 Days of receipt of funds. * The bank partner of PayPal for the withdrawal functionality charges a fee for each withdrawal. Upon enablement of the receive and withdraw functionalities, PayPal will provide you with additional information.

Appears in 5 contracts

Samples: Paypal User Agreement, User Agreement, Paypal User Agreement

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Morocco. Upon enablement of the withdrawal functionality to a Moroccan bank account with the bank partner of PayPal, you will be required to comply with Moroccan laws and regulations. This means notably that if you receive amounts into the balance of your PayPal balance account from a PayPal user, you must withdraw the amounts in the balance of your PayPal balance account to your Moroccan bank account* within 30 Days of receipt of funds. * The bank partner of PayPal for the withdrawal functionality charges a fee for each withdrawal. Upon enablement of the receive and withdraw functionalities, PayPal will provide you with additional information.

Appears in 1 contract

Samples: Paypal User Agreement

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