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.
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Redemption of Electronic Money. 2.15.1. for an unidentified Client – prohibited.
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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.
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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.
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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.
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Related to Redemption of Electronic Money

  • Electronic Check Conversion You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills.

  • Electronic Fund Transfers The following provisions apply only to Electronic Fund Transfers (“EFTs”). EFTs are any transfer of funds initiated with your Card(s) at an ATM or as a PIN based debit transaction (Point of Sale). You will have access to either your deposit or credit card accounts, or both if you so choose, with Commerce Bank. We can cancel these services at any time and for any reason without notice. We can also cancel your entire Account, including credit card services, and revoke your Card(s) as provided in the CANCELLATION paragraph above. This may be done by an ATM or merchant not returning your Card(s) to you. We may change the terms of this Agreement relating to EFTs without notice to you unless required by law. Our Business Days are Monday through Friday. Federal holidays are not included. Tell us AT ONCE if you believe your Card(s) has/have been lost or stolen or if you believe that an EFT has been made without your permission. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your deposit account plus your maximum overdraft line of credit. If you tell us within two Business Days after you learn of the loss or theft of your Card, you can lose no more than $50.00 if someone used your Card without your permission. If you do NOT tell us within two Business Days after you learn of the loss or theft of your Card, and we can prove that we could have stopped someone from using your Card and making transfers from your deposit account without your permission if you had told us, you could lose as much as $500.00. Also, if your deposit statement shows transfers that you did not make, including those made by Card, code or other means, tell us at once. If you do not tell us within 60 days after the deposit statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods at our discretion.

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