International Card Scheme definition

International Card Scheme. : shall mean the institute founded outside Vietnam pursuant to foreign regulations and laws, establishing a partnership relation with domestic issuing and acquiring institutes or other relevant parties for card issuing and acquiring business in compliance with Laws of Vietnam.
Sample 1Sample 2Sample 3
International Card Scheme means the institute owned International card brand, including American Express, Visa, MasterCard, UnionPay, JCB.
Sample 1
International Card Scheme means the institute owned international card brand, herein Visa International Card Scheme.
Sample 1

Examples of International Card Scheme in a sentence

  • For T&E merchant (e.g Airlines, automobile and vehicle rentals, cruise lines, passenger railways, hotels, motels, restaurants, travel agencies and tour operators, …), the Bank is entitled to reject claims relating to transactions with the amount/converted amount less than USD 25 or changeable as stipulated by International Card Scheme from time to time.

  • To be responsible for making payment of disputed Card transaction and arising fees as stipulated by regulation of International Card Scheme when the dispute is arbitrated by the Referee of International Card Scheme and the Cardholder fails in this suit.

  • For T&E merchants (e.g Airlines, automobile and vehicle rentals, cruise lines, passenger railways, hotels, motels, restaurants, travel agencies and tour operators, …) the Bank reserves the right to reject claims relating to single transaction with the value less than USD 25 or equivalent in accordance with the regulations of International Card Scheme.

  • This service is only applicable in certain types of Merchant and when the amount of goods and services is less than a specific amount according to the provisions of the Bank and/or SBV/ International Card Scheme in each period.

  • To be entitled to decline to authorize the Card transactions, process illegal requests relating to Card issuance and usage as stipulated by the Laws, the Bank, the SBV, International Card Scheme or any case beyond the Bank control.

  • Primary Cardholder is entitled to make claims for the arising mistakes (if any) during his/her and Supplementary Cardholder(s)’ Card usage and be responsible for all fees relating to the claim (in case of wrong claim) according to the fee schedule published by Official electronic webpage of the Bank and in accordance with the regulations of the International Card Scheme in each period.

  • For Amex branded cards, the Bank is entitled to reject all claims of the Cardholder relating to transactions with the amount less than or equal to the limit that not required for cardholder authentication or the amount/converted amount less than USD 25 or changeable as stipulated by International Card Scheme from time to time.

  • This limit is regulated by Vietcombank in accordance with the regulations of International Card Scheme and Card Switching Organization, which is subject to changes from time to time.

  • All Card transactions in foreign currencies will be converted into VND at the exchange rate regulated by International Card Scheme and/or the Bank’s exchange rate at the time of updating transaction into the system of the Bank and the Bank shall charge the foreign currency conversion fee (regulated by International Card Scheme and/or the Bank) and any transaction fees the Bank must pay to International Card Scheme (if any).

  • Software Certain internal and external costs directly incurred in acquiring and developing certain software are capitalised and amortised over the estimated useful life, usually a period of three to seven years.


More Definitions of International Card Scheme

International Card Scheme means international card issuance and acceptance company, at present being Visa Incorporation, MasterCard Incorporated, American Express and UnionPay International Company Limited.
Sample 1

Related to International Card Scheme

  • International airport means an airport:

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

  • International Classification means the Classification established under the Locarno Agreement Establishing an International Classification for Industrial Designs;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • International means a telecommunications service that originates or terminates in the United States and terminates or originates outside the United States, respectively. United States includes the District of Columbia or a U.S. territory or possession.

  • international air transport means air transport that passes through the airspace over the territory of more than one State;

  • international application means an application filed under this Treaty;

  • International Accounting Standards means the accounting standards approved by the International Accounting Standards Board from time to time.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • International air transportation means transportation by air between a place in the United States and a place outside the United States or between two places both of which are outside the United States.

  • international agreement means the Multilateral Convention for Mutual Administrative Assistance in Tax Matters, any bilateral or multilateral Tax Convention, or any Tax Information Exchange Agreement to which the Member State is a party, and that by its terms provides legal authority for the exchange of tax information between jurisdictions, including automatic exchange of such information.

  • international standard means a standard adopted by an international standardisation organisation and made available to the general public;

  • international waters means waters falling outside the sovereignty or jurisdiction of any State;

  • international traffic means any transport by a ship or aircraft operated by an enterprise of a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State;

  • customs airport means any airport declared under section 9 to be a customs- airport;