Remuneration of the Payment Center. The Company shall pay remuneration to the Payment Center under money transfer performance in the amount set in the Tariffs for Transfer sending, unless otherwise provided for by the Offer. At the moment of Company’s accession hereto the remuneration of the Payment Center is not subject to VAT in the territory of the Russian Federation in accordance with sub-clause 3 clause 3 of Article 149 of the Tax Code of the Russian Federation. In case the effective legislation of the country of Company’s registration or local authorities thereof stipulate any withholdings/deductions (in the form of taxes, levies) from payments to be transferred to the Payment Center, the Company has the right to send a written notice to the Payment Center in the form approved by the Payment Center (for the corresponding period from the date of the beginning of the calendar year to the date of submission to the Company of a certificate confirming the residence of the Payment Center in the Russian Federation), containing information about such deductions, which must be accrued, withheld and paid in accordance with the legislation of the country of the Company’s registration from Remuneration paid to the Payment Center for the specified period, but were not withheld when transferring remuneration to the Payment Center. The notification form is available on the Internet at xxx.xxxx.xx. Together with the notification, the Company is obliged to provide certified copies of documents confirming payment to the budget of the country of the Company’s registration any withholdings/deductions from payments to be transferred to the Payment Center. The Payment Center has the right to require the Company to provide additional documents (information), including those confirming the fact of payment. The Company shall within 10 (ten) days from the moment of request of the Payment Center, provide the Payment Center with the specified additional documents (information). All the submitted documents must be signed by authorized persons (on behalf of the Company - by persons included into the banking sample signatures and seal card/Album with sample signatures, provided that the Payment Center has up-to-date documents confirming the authority of such a person). The Payment Center has the right to transfer funds to the Company in the amount indicated in the notice of the Company, subject to the following conditions: ✓ The notice specified in this clause is filled out correctly, the entered information is correct; ✓ The Company provided all the documents confirming the notice timely, including additional documents that were requested by the Payment Center; ✓ The consent of the Payment Center with the data contained in the notice of the Company. The Payment Center has the right to refuse to transfer funds to the Company in case of failure by the Company to fulfill any of the conditions stipulated above. The Company has the right to send the adjusted notification again for approval by the Payment Center.
Appears in 3 contracts
Samples: Money Transfer Service Agreement, Money Transfer Service Agreement, Money Transfer Service Agreement
Remuneration of the Payment Center. The Company shall pay remuneration to the Payment Center under money transfer performance in the amount set in the Tariffs for Transfer sending, unless otherwise provided for by the Offer. At the moment of Company’s accession hereto the its remuneration of the Payment Center is not subject to VAT in the territory of the Russian Federation in accordance with sub-clause 3 clause 3 of Article 149 of the Tax Code of the Russian Federation. In case the effective legislation of the country of Company’s registration or local authorities thereof stipulate any withholdings/deductions (in the form of taxes, levies) from payments to be transferred to the Payment Center, the Company has the right to send a written notice to the Payment Center in the form approved by the Payment Center (for the corresponding period from the date of the beginning of the calendar year to the date of submission to the Company of a certificate confirming the residence of the Payment Center in the Russian Federation), containing information about such deductions, which must be accrued, withheld and paid in accordance with the legislation of the country of the Company’s registration from Remuneration paid to the Payment Center for the specified period, but were not withheld when transferring remuneration to the Payment Center. The notification form is available on the Internet at xxx.xxxx.xx. Together with the notification, the Company is obliged to provide certified copies of documents confirming payment to the budget of the country of the Company’s registration any withholdings/deductions from payments to be transferred to the Payment Center. The Payment Center has the right to require the Company to provide additional documents (information), including those confirming the fact of payment. The Company shall within 10 (ten) days from the moment of request of the Payment Center, provide the Payment Center with the specified additional documents (information). All the submitted documents must be signed by authorized persons (on behalf of the Company - by persons included into the banking sample signatures and seal card/Album with sample signatures, provided that the Payment Center has up-to-date documents confirming the authority of such a person). The Payment Center has the right to transfer funds to the Company in the amount indicated in the notice of the Company, subject to the following conditions: ✓ The notice specified in this clause is filled out correctly, the entered information is correct; ✓ The Company provided all the documents confirming the notice timely, including additional documents that were requested by the Payment Center; ✓ The consent of the Payment Center with the data contained in the notice of the Company. The Payment Center has the right to refuse to transfer funds to the Company in case of failure by the Company to fulfill any of the conditions stipulated above. The Company has the right to send the adjusted notification again for approval by the Payment Center.
Appears in 1 contract
Samples: Money Transfer Service Agreement
Remuneration of the Payment Center. The Company shall pay remuneration to the Payment Center under money transfer performance in the amount set in the Tariffs for Transfer sending, unless otherwise provided for by the Offer. At the moment of Company’s accession hereto the its remuneration of the Payment Center is not subject to VAT in the territory of the Russian Federation in accordance with sub-clause 3 clause 3 of Article 149 of the Tax Code of the Russian Federation. In case the effective legislation of the country of Company’s registration or local authorities thereof stipulate any withholdings/deductions (in the form of taxes, leviestaxes and charges) from payments to be transferred to the Payment Center, the Company has the right to send a written notice notification to the Payment Center in the form approved by the Payment Center (for the corresponding relevant period from the date of the beginning of the calendar year and to the date of submission to the Company of a certificate confirming the permanent residence of the Payment Center in the Russian Federation)Federation in accordance with the form approved by the Payment Center, and containing information about on such deductions, which must deductions to be accruedaccrued , withheld and paid in accordance with the legislation laws of the country of the Company’s registration Company incorporation from Remuneration the remuneration paid to the Payment Center for the specified period, said period but were which have not been withheld when transferring remuneration to of the Payment CenterCenter was transferred. The notification form is available placed on the Internet at website xxx.xxxx.xx. Together with the notification, the Company is obliged to provide certified copies of documents confirming payment of any taxes / charges from payments to the budget of the country of the Company’s registration any withholdings/deductions from payments Company incorporation that have to be transferred to the Payment Center. The Payment Center has shall have the right to require demand from the Company to provide additional documents (information), including those the documents confirming the fact of the said payment. The Company shall is to provide such documents (information) within 10 (tenTen) calendar days from the moment of corresponding request of the Payment Center, provide the Payment Center with the specified additional documents (information). All the submitted documents must be signed by th authorized persons (on behalf of the Company - by Company, persons included into in the banking sample card with specimen signatures and seal card/Album with sample signatures, provided that imprint / Authorized signature card if the Payment Center has up-to-date the current documents confirming the authority of such a person). The Payment Center has the right shall be entitled to transfer monetary funds to the Company in the amount indicated of specified in the notice notification of the Company, subject to Company if the following conditionsconditions are met: ✓ The notice specified notification said in this clause paragraph is filled out completed correctly, the entered information specified is correct; ✓ The Company has provided in time all the documents confirming the notice timelydata stated in the notification, including additional documents that were have been requested by the Payment Center; ✓ The consent of the Payment Center with the data contained in the notice notification of the Company. The Payment Center has shall have the right to refuse to transfer monetary funds to the Company in case of failure by the event the Company fails to fulfill any of the conditions stipulated set forth above. The Company has the right to send the adjusted corrected notification again for approval by the Payment Center. the remuneration of the Payment Center shall be increased so that the amount due to the Payment Center shall be equal to the amount of remuneration the Payment Center would have received save for such withholdings and deductions, unless otherwise specified in the Agreement of accession. The Company shall within 5 (Five) days from the moment any taxes/charges from payments due to the Payment Center are paid into the state budget of the country of the Company’s registration, provide the Payment Center with the certified copies of the documents confirming the specified payment.
Appears in 1 contract
Samples: Money Transfer Service Agreement
