Lumon Wallet definition

Lumon Wallet means a ‘virtual’ account held with LEL within which Electronic Money in different currencies can be held.
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Examples of Lumon Wallet in a sentence

  • If the specified day is not a Business Day or we do not hold enough Electronic Money in your Lumon Wallet in the correct currency by midday, we shall be deemed to have received the Payment Order on the next Business Day that we do hold enough Electronic Money in your Lumon Wallet in the correct currency by midday to execute the Payment.

  • You have to allow enough time for money to clear into our account and for your Lumon Wallet to be credited.

  • However, if you have not used the money in your Lumon Wallet for more than two years, we shall try and contact you to establish whether you want to leave it there, enter into a FX Contract or a Payment Contract (including having it sent to an account you or someone else holds with another financial institution).

  • Where we have your mobile telephone number on record, we may also send you a text message confirming that money has been credited to your Lumon Wallet.