PREPAID MASTERCARD GENERAL TERMS & CONDITIONS
SWIRL MasterCard is an electronic money product issued and operated by Catella Bank S.A. and distributed by Smart Transfer Ltd.
By purchasing, loading or using the SWIRL MasterCard, the Cardholder constitutes his/her agreement to the current General Terms and Conditions and eventual disclosures and to any additional terms that may apply to the SWIRL MasterCard as published on the Website.
Agreement - means the current general conditions. The Cardholder can at any time request to receive a paper copy of the Agreement by contacting Catella Bank.
Catella Bank - means Catella Bank S.A., the issuer of the Card whose registered office is at Parc d'activité, Capellen, 38 rue Pafebrüch, L- 8308, Capellen, Luxembourg, www.catella.com, registered with the Luxembourg Register of Commerce and Companies under number B 29.962
Card - the SWIRL MasterCard issued to a Cardholder.
Cardholder - means a natural person entering into this agreement.
Card Fund - means the amount of money deposited to the Card by the Cardholder with Catella Bank, less all fees, withdrawals and disposals made by the Cardholder.
Credentials - means any, several or all of the following information: the PIN, the Website password the CVV2 Code, the CVC2 Code, the Card's expiry date or the 16-digit card number.
CVV2 Code - (Visa) or CVC2 Code - (MasterCard) - means a 3-digit card verification code that represents a digital signature which is required for every online transaction. The code is either present on the reverse side of the Card or for safety reasons in the online account provided.
Fee - means any fee due by the Cardholder to Catella Bank under the current General Terms and Conditions or as published on the Website from time to time.
PIN - means the personal identification number issued by Catella Bank.
POS - or Point of Sale - means a business or place where a product or a service can be purchased by means of a Visa / MasterCard Card.
Visa, Visa Electron, Visa PLUS or MasterCard - means the card brand or acceptance mark referring to the international licensor of the Card.
Website - means the Internet website available at the address www.swirlcard.com or any other address communicated by Catella Bank from time to time.
OBLIGATIONS OF CARDHOLDER
The Cardholder must have attained a minimum age of 16 years.The Cardholder is liable for complying with the current General Terms and Conditions and shall be solely liable for any direct and indirect consequences arising from any breach by the Cardholder of the current General Terms and Conditions. The current version of the terms and conditions is available on the Website. Usage of the Card constitutes the cardholders acceptance of these terms and conditions.
The Card is an electronic means of payment with retailers affiliated to the Visa and/or MasterCard network and a means of cash withdrawing at cash dispensers. It is not transferable and shall only be used by the Cardholder strictly in accordance with the current General Terms and Conditions.
The Card shall at all times remain the property of Catella Bank.The Cardholder must sign the Card on the signature panel on the reverse side of the Card immediately upon receipt.
The Cardholder must exercise all possible care to ensure the safety of the Card.The Cardholder is responsible for maintaining the Credentials strictly confidential and for preventing the Credentials from becoming known to any person.
CARD LIMITS: LOAD / SPEND/ ATM WITHDRAWALS
For Card activation, loading/reloading and transfer instructions, please refer to the information delivered with the Card and the instructions available on the Website. By submitting the Card related details the General Terms and Conditions are automatically accepted.
Catella Bank reserves the right to adapt the card limits at any time in accordance with Luxembourg and/or any applicable local requirements. Load and transaction fees will apply as detailed in the FEES section. The following limits apply for the Card;
Card Load: €2,500 per rolling 12 months once Cardholder details have been registered and verified. This limit is subject to a single transaction limit of €500 and a daily limit of €2,500.
Card Spend: (online & in-store) : €2,500 per rolling 12 months once Cardholder details have been registered and verified. Single transaction limit of €2,500. Daily limit of €2,500.
ATM Withdrawal: €1,000 per rolling 12 months once Cardholder details have been registered and verified. This limit is subject to a single transaction limit of €500 and a daily limit €1,000.
Upgraded Limit: €15,000 for the lifetime of the card, once Cardholder identification is duly completed and verified according to procedure defined on Website. Single transaction and daily limits as outlined above will still apply.
USE OF CARD
The Card can be used to withdraw cash from more than one million ATMs that display the Visa PLUS and/or MasterCard (depending on the Card's brand) acceptance marks. For more information regarding ATM locations refer to the Visa and/or MasterCard websites (www.visa.com / www.mastercard.com). The minimum withdrawal amount is defined by the local ATM in the local currency. ATM access is only provided to Cardholders who have completed the Card registration process. Fees apply for ATM withdrawals and ATM declines as detailed in the FEES section. The Card can also be used as payment card at more than 29 million high-street and Internet merchants displaying the Visa Electron and/or MasterCard acceptance marks (depending on the Card's brand).
Catella Bank reserves the right to reserve a TIP provision on transaction made at selected Merchants to make sure Card Funds are available to cover any TIP given after authorisation is obtained by the Merchant. This TIP provision will be released once transaction has been cleared thought the VISA or MasterCard network.
Where the Cardholder signs the record of transaction or uses the Credentials for a purchase or uses the PIN at an ATM, the Cardholder gives Catella Bank irrevocable authority to pay the retailer or Banq and to debit the Card Fund. The records of statements sent by the retailer or bank, as the case may be, even in the absence of a written signature, are taken as a proof of transaction. The transaction slip printed by the terminal is for the Cardholder's personal information only.In accordance with Luxembourg law, the records of transactions created or received by Catella Bank will constitute evidence of the existence, amount and conditions of transactions.
The amount of any transactions in a currency other than the Card's currency will be converted at Visa's and/or MasterCard's rate at the time the Card Fund is debited. Catella Bank applies a currency conversion spread or fee as detailed in the FEES section. Upon use of card, the converted transaction amounts are shown for information only until the transaction has been fully settled within the Visa/MasterCard system, and may change in accordance with currency fluctuations. Catella Bank will only give the Cardholder a refund on his Card Account for a transaction reversed by the retailer. This also applies to recurring transactions which are transactions where the Cardholder agrees to a series of transactions to be made to the Cardholder's Card Account. If the Cardholder wishes to cancel a recurring transaction he must contact the retailer as Catella Bank cannot cancel the transaction for the Cardholder. Where the Cardholder makes a purchase Catella Bank will assist the Cardholder to gain a refund if: (a) the Cardholder did not agree on the amount with the retailer when the Cardholder made the purchase; (b) the amount of the transaction charged to the Card Account by the retailer is more than the Cardholder could reasonably have expected in the circumstances of the purchase; and (c) the Cardholder asks Catella Bank for a refund within eight (8) weeks of Catella Bank debiting the transaction from the Card Account. If the Cardholder asks Catella Bank for a refund under this condition the Cardholder must provide Catella Bank with factual elements relating to this condition. The Cardholder cannot use a claim he may have against someone else to make a claim against Catella Bank, or refuse to pay Catella Bank, unless the Cardholder has a legal right to do so. The Cardholder cannot transfer any rights against Catella Bank to anyone else.
It is not permissible to overdraw the Card Fund. If the Card Fund becomes inadvertently overdrawn, the amount overdrawn must be repaid immediately by the Cardholder. In such situations, Catella Bank reserves the right to deactivate, suspend or cancel the Card at any time.
The Card is valid until the expiration date stated on the front of the MasterCard and applicable to Internet transactions. The Card may be reloaded during its period of validity subject to the applicable limits and in accordance with the procedure detailed in CARD LOAD / RELOAD.
Catella Bank may charge an annual Fee for the Card as stated in the FEES section. An early termination of the Card and/or the current General Terms and Conditions does not entitle the Cardholder to claim a reimbursement of the annual Fee.
Catella Bank reserves the right to suspend or cancel a Card which has been dormant for a period of more than 12 months.
The Card is limited to one card per individual and cannot be registered on a corporation's behalf.
If the Card Fund is not sufficient to cover any Fee due by the Cardholder to Catella Bank under the current General Terms and Conditions, Catella Bank reserves the right to deactivate, suspend or cancel the Card until sufficient coverage is provided.
KEEPING TRACK OF CASH WITHDRAWALS AND BALANCE
ATM withdrawals: Many ATM's can provide a receipt at the time a withdrawal is made from the Card Fund. Catella Bank reserves the right to charge a Fee for ATM balance enquiries.
Transaction History: Information can be accessed online via the Website or can be requested from Catella Bank.
Balance Enquiry: Information regarding the Card Fund is available online via the Website or can be requested from Catella Bank.
THEFT OR LOSS OF THE CARD
In case of the Card being lost or stolen, in case of improper use of the Card noticed by the Cardholder or in the event of the intentional or unintentional disclosure of any, several or all of the Credentials, the Cardholder must: immediately notify Catella Bank, by telephone to the Helpdesk on (01) 687-7989 during office hours or by means of the Website (on a 24/7 basis), AND confirm immediately the Notification in writing by registered letter with acknowledgement of receipt to:
Catella Bank Cards, P.O Box 118, L-8303 Capellen, Luxembourg.
The Notification must be made by the Cardholder himself/herself, except in the case of force majeure. With respect to the Notification, the Cardholder is liable for providing accurate and complete information to Catella Bank, in particular without limitations:
the Cardholder's first name and last name; and/or the number of the Card.
The Cardholder shall be fully liable for any consequences arising from any wrong, obsolete or incomplete information provided to Catella Bank.
The Card is immediately blocked upon receipt of the Notification.
The Cardholder shall bear the losses relating to any unauthorised transactions, up to a maximum of €150, resulting from the misuse of the Card or the use of a lost or stolen Card. The Cardholder shall bear all the losses relating to any unauthorised transactions if the Cardholder incurred them by acting fraudulently or by failing to fulfil one or more of his obligations under clause OBLIGATIONS OF CARDHOLDER or THEFT OR LOSS OF THE CARD with intent or gross negligence. In such cases, the maximum amount of €150 shall not apply. The Cardholder shall not bear any financial consequences resulting from use of the misused, lost or stolen Card after notification except where the Cardholder has acted fraudulently.
If the Cardholder finds the Card after the Notification, the Card must be cut in two and returned to Catella Bank (at the aforementioned address) immediately.
The redemption regulations of Catella Bank are strict. Catella Bank strongly recommends that rather requesting cash-back, the Cardholder empties the Card by using an ATM machine, or using the Card until the Card Fund is exhausted. If at any time the Cardholder decides to cancel the Card and request redemption, the following rules will apply:
a redemption can only be made after the Card has been cancelled;
a redemption can only be made by a single bank transfer to the account held in the name of the Cardholder;
Catella Bank have the right to require the Cardholder to submit proper and valid Cardholder identification prior to redemption execution;
Catella Bank will charge a Fee of €15, which will be deducted from the Card Fund prior to execution of the redemption.
WITHDRAWAL OF THE USE OF THE CARD
Catella Bank may, in its discretion, at any time and without notice, deactivate, cancel or suspend the right to use the Card or refuse to reissue or renew or replace the Card if Catella Bank has grounds to believe that the Cardholder is in breach of (1) the General Terms and Conditions, and/or (2) any applicable local legislation/regulations, and/or (3) the VISA/MasterCard regulations, without affecting the Cardholder's obligations which shall continue to be operative. In such an event, the Card must be returned immediately to Catella Bank. Catella Bank will not accept any liability for the direct or indirect consequences arising from any deactivation, suspension or cancellation of a Card in accordance with the terms of the current General Terms and Conditions.
In addition, Catella Bank may, in its discretion and at any time, refuse to authorise a transaction and may publicly disclose this refusal to other credit institutions.
The amounts of fees and charges and details of when they will be payable are set out below. All other fees and charges will be debited directly to the card as they arise.
Purchase fee: 2.95% of purchase value, minimum of €0.75 maximum of €2.95. This fee is included in the transaction value and payable at time of purchase.
ATM withdrawal fee: €1.50 per withdrawal. This fee is included in the transaction value and payable at time of purchase.
ATM decline fee: €0.50 for each declined ATM withdrawal attempt.
Top Up fee: Payable at point of sale for top ups in Payzone outlets. Refer to Website for details on bank transfer and debit card top up fees.
Card replacement fee: €5.95 per request
Registration fee: €3.95 if support from the helpdesk is required to complete registration. Free registration is available on the Website
Inactive account fee: €3.50 per month, if the Card is not used for over 2 months, the fee will be charged every consecutive month thereafter.
PIN re-issue fee: €5
Currency conversion fee: 5%
Government Stamp Duty: €5 per year charged to qualifying cards at the end of December each year according to Irish revenue regulations.
Catella Bank shall not be liable for any direct or indirect damages if the Card or a specific transaction is refused or not honoured by a merchant or a bank or an ATM. Catella Bank does not bear any responsibility for errors committed by merchants or banks or ATMs. Catella Bank will not be obliged to enter into any dispute arising between the Cardholder and a merchant or bank and, moreover, a dispute with a merchant or bank does not absolve the Cardholder from complying with regulations governing the use of the Card and the current General Terms and Conditions.
Catella Bank shall not be liable if it is unable to perform its obligations under this Agreement due (directly or indirectly) to the failure of any machine, data processing, system or transmission link or to industrial dispute, altered legislation or license requirements or anything outside Catella Bank's control or the control of Catella Bank's agents or contractors.
Without prejudice to the above, the liability of Catella Bank in relation to the Card, the associated services and the current General Terms and Conditions shall be limited to its gross negligence or serious misconduct or wilful default. In any event, Catella Bank's liability under or in connection with this Cardholder Agreement is limited to the greater of:
The amount of fees paid to Catella Bank in the twelve (12) months prior to the liability arising; or
The value of the Transaction or the stored balance giving rise to the dispute.
To report claims or errors regarding Card Fund or to request general information about the Card, Catella Bank can be contacted by mail or telephone as detailed in the THEFT OR LOSS OF THE CARD section. When calling or writing the following information needs to be provided:
name and Card serial number (found on the Card's reverse side),
a description of the suspected error or transaction and/or the reason of the information request;
the local currency and amount of the suspected error or transaction; and
Cardholder's date of birth, current address and telephone number.
If Catella Bank is informed verbally, Catella Bank may require that the complaint or question be confirmed by the Cardholder in writing within 24 hours.
Catella Bank reserves the right to change (1) the current General Terms and Conditions, (2) the characteristics and features of the Card and (3) the Fees at any time. The new General Terms and Conditions/Card's characteristics and features/Fees will be made available on the Website at least one (1) month before their entry into force.
The Cardholder hereby:
acknowledges that his/her relationship with Catella Bank is as least partially based on electronic communications, made in particular through the Website and deems this means of communication appropriate to the nature of his/her relationship with Catella Bank;
declares that he/she will consult the Website regularly; and
accepts to be informed of any such change by means of the website.
Should the Cardholder oppose to such change, the Cardholder shall have the right to terminate the current General Terms and Conditions immediately by returning the Card to Catella Bank before the entry into force of the proposed change and shall be entitled to receive the then available Credit Fund due under the current General Terms and Conditions by notifying the termination and keep using the card until exhausted.
Continued use of the Card and the associated services after the entry into force of the proposed changes shall constitute the Cardholder's consent to such changes.
The Bank reserves the right to terminate the Swirl MasterCard product at its sole discretion.
In the event of termination, the Bank will provide the Cardholder with a formal notification of termination via email and by means of a notice within the Cardholder's online account.
The formal notification of termination, whether communicated via email or notified within the online account, will contain such details as:
a) the period remaining within which the Cardholder can load funds onto the card,
b) the period remaining within which the Cardholder can use the card to make purchases or to make ATM withdrawals, and
c) the mechanism by which the cardholder can avail of any remaining funds on the card.
The Cardholder hereby gives consent to Catella Bank to collect, process and share personal data on the Cardholder (1) insofar as necessary to issue and service the Card and/or (2) as necessary for the performance of the current General Terms and Conditions and/or (3) for marketing purposes. The data will be communicated to other banks and financial intermediaries as necessary to perform the transactions made by means of the Card and/or as necessary to service the Card. The circumstances for disclosure of any information or records by Catella Bank includes requests by Smart Transfer Ltd or any of its subsidiaries or affiliates or an orders by any competent court or if failure to disclose would render Catella Bank or any of its affiliates, personnel, assets or operations liable to any sanction. The Cardholder has the right to access and rectify their data by contacting Catella Bank. A retrieval fee of €7.50 is charged to cover for Catella Bank's cost. The data will be retained for the period provided for by the applicable law/regulations.
By entering into this Agreement, the Cardholder confirms that he is fully aware of and willing to assume all risks resulting there from and hereby irrevocably waives his rights to benefit from the protection of Luxembourg banking privacy at the entire discharge of Catella Bank with regard to all services provided to the Cardholder.
RECORDING OF PHONE CONVERSATIONS AND ELECTRONIC COMMUNICATIONS
The Cardholder acknowledges and agrees that Catella Bank or the helpdesk has the right to register and keep records of telephone and electronic communications. The right to register and keep any record of such communications shall not trigger any liability by Catella Bank.
ANTI-MONEY LAUNDERING COMPLIANCE
In accordance with applicable legislation to fight money laundering and financing of terrorism the opening of any client relationship, including a Cardholder relationship, is subject to proper Cardholder identification by Catella Bank. The cardholder hereby represents that he/she will without delay disclose any requested information to Catella Bank, keep such information up-to-date and inform Catella Bank of any relevant change.
GOVERNING LAW AND JURISDICTION
The current General Terms and Conditions shall be exclusively governed by and interpreted in accordance with the laws of Luxembourg. Catella Bank will primarily communicate with cardholders in English, French or German.
Catella Bank is authorised as a credit institution supervised by the Luxembourg regulatory authority, the Commission de Surveillance du Secteur Financer (the "CSSF"), situated at 110, route d'Arlon, L-1150 Luxembourg.
Any dispute, controversy or claim arising in connection to a Card, a transaction made by means of a Card, the Card Fund and/or the current General Terms and Conditions shall be exclusively settled by the courts of district of Luxembourg. Nevertheless, Catella Bank may appeal to any other jurisdiction which would be judged competent. Without prejudice to any legal procedure available to the Cardholder under Luxembourg law, the Cardholder may submit any dispute arising out of the present Agreement to the CSSF which is competent to settle such dispute amicably.