Redemption of Electronic Money Sample Clauses

Redemption of Electronic Money. 5.7. Electronic Money shall be redeemed at its nominal monetary value at any time upon the Customer’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 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. 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.

Related to Redemption of Electronic Money

  • Electronic Check Conversion/Electronic Returned Check Fees If you pay for purchases or bills with a check or draft, you may authorize your check or draft to be converted to an electronic fund transfer. You may also authorize merchants or other payees to electronically debit your account for returned check fees. You are considered to have authorized these electronic fund transfers if you complete the transaction after being told (orally or by a notice posted or sent to you) that the transfer may be processed electronically or if you sign a written authorization.

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