Redemption of Electronic Money Sample Clauses
Redemption of Electronic Money. Electronic Money shall be redeemed at its nominal monetary value at any time upon the Customer’s (Xxxxxx’s) request to redeem it. The fees provided for in the Fees approved by the Company shall apply for the redemption of Electronic Money.
Redemption of Electronic Money an operation performed by Mobilly, during which electronic funds are removed from the Merchant's Electronic Money account and an amount of real money corresponding to these funds is paid to the Merchant.
Redemption of Electronic Money. 2.15.1. for an unidentified Client – prohibited.
Redemption of Electronic Money. You may exchange all or part of any Electronic Money held in your Electronic Money account at any time by selecting the appropriate option on the Site and following the instructions. Unless otherwise agreed, the funds will be transferred to the wallet you specify when filling out personal data in the profile. If this Agreement is terminated, we will return any Electronic Money remaining in your Electronic Money Wallet and attempt to transfer the funds to the Electronic Money address specified by you. Before withdrawing Electronic Money from your Electronic Money wallet, we may carry out checks to prevent fraud, money laundering, terrorist financing and other financial crimes, and as required by applicable law. This may mean that you will be prohibited or delayed from withdrawing Electronic Money until these checks have been completed to our reasonable satisfaction in order to comply with our regulatory requirements.
Redemption of Electronic Money. 6.1. The amount of electronic money on your Card (“Funds”) will be redeemed at your request at any time.
6.2. Please send your request from the e-mail address registered with your PeakWallet account to xxxx@xxxxxx.xx. After receiving your request, we will determine your eligibility and if the request is legitimate, we will transfer the requested amount within 2 business days. Although the redemption of the Funds during the validity period of the Card and within one year thereafter shall be free of charge, Peak reserves the right to charge the applicable bank costs in connection with the redemption.
6.3. Peak does not carry out currency conversion activities, so we transfer the requested Funds in the currency of the Card even if you have provided a bank account with a different currency. Peak is not responsible for any bank conversion fees you might encounter in this case.