Forexderiv CARD
Forexderiv CARD
Order your personal prepaid Forexderiv Visa / Mastercard card in EUR, USD, CHF, GBP and available currencies and pay online and in stores - millions locations supported. You can also use your card to pay bills and services online.
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Forexderiv CARD
Plastic Cards |
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Card currencies |
USD / EUR /GBP/CHF |
Card Initial fees |
35 USD / EUR /GBP/CHF |
Card monthly fee |
Free |
Transfer from Forexderiv Accounts |
0.00% |
Purchases |
USD/EUR /GBP/CHF |
ATM in the US |
2 USD/ 2 EUR / 2 GBP/ 2 CHF |
ATM abroad |
5 CHF / 5 EUR / 5 USD |
Visa Debit Card Terms and Conditions
Article 1. Scope of Application
These Terms and Conditions shall apply to the use of the Visa Debit Card services ("Debit Services"). If a customer ("Customer") applies for the Debit Services, the Customer shall be deemed to have acknowledged and agreed to the following provisions as well as other terms and conditions of services separately specified .
Article 2. Definitions
For purposes of these Terms and Conditions, each of the following terms has the meaning assigned to it:
1. "Debit User" means the Customer whose application for the use of the Debit Services is approved by Forexderiv.
2. "Merchant" means a merchant using services of a financial institution or credit card company (collectively, "Acquirer") that partners with Visa Inc. ("International Card Company") as well as a financial institution or any other entity operating ATMs and cash dispensers designated by the Bank (or those of a financial institution or any other entity that partners with the International Card Company).
3. "Sale and Purchase Agreement" means an agreement between the Debit User and the Merchant, under which the Debit User purchases products or receives services provided by the Merchant (including to receive services for allowing the Debit User to withdraw funds in the amount specified by the Debit User at an ATM or cash dispenser).
4. "Debit User' s Obligations" means obligations the Debit User shall assume to the Merchant under the Sale and Purchase Agreement.
5. "Card" collectively means a plastic card with an IC chip ("IC Card") that has and provides a cash card function (which means the function defined under the Cash Card Terms and Conditions specified by the Bank, "Cash Card Function") and a function for entering into the Sale and Purchase Agreement or such card without an IC chip ("Non-IC Card"), which shall be issued by the Bank. The Sale and Purchase Agreement as well as the terms applicable to the individual Sale and Purchase Agreement shall be subject to these Terms and Conditions.
Article 3. Details of Debit Services
The Debit Services are the services in which the Company performs the Debit User' s Obligations the Debit User shall assume under the Sale and Purchase Agreement between the Debit User and the Merchant by withdrawing funds from the Debit User' s Forexderiv account as authorized by the Debit User.
Article 4. Application for Debit Services
1. To use the Debit Services, the Customer must agree to these Terms and Conditions as well as other terms and conditions of services separately specified by the Bank and apply for the Debit Services by the method specified.
2. The Bank shall not accept the Customer' s application if: the use of the Debit Services by the Customer or the Customer violates or is likely to violate laws and regulations, or is or is likely to be contrary to the public policy; or otherwise the Bank deems it inappropriate to accept the Customer' s application.
3. An agreement for the Debit Services between the Customer and the Bank shall take effect at the time when the Bank accepts the Customer' s application specified in Article 4.1.
Article 5. Provision of Card and Card Policy
1. To receive a Card provided by Forexderiv, the Debit User must apply for a Card by the method specified . Forexderiv shall, after receiving such application, issue a Card indicating the card number, expiration date and security code for such card number (collectively, "Card Data") and provide the Card to the Debit User when the Debit User meets the criteria specified. The maximum number of the Cards that can be issued to one Debit User shall be as separately specified by the Bank.
2. No person other than the Debit User to whom Forexderiv provides a Card is allowed to use the Card.
Furthermore, the Debit User must use and manage the Cards and the Card Data with the due care of a good manager and agrees not to disclose or leak them to any third party or allow any third party to use them.
3. When a Card is in use, Forexderiv shall deem that the Card is used by the Debit User to whom the Bank provides the Card or any person who is authorized by the Debit User to use the Card. Forexderiv shall not be responsible or liable for any loss incurred by the Debit User that is caused by this policy.
Article 6. Expiration Date of Card
1. The expiration date of a Card shall be the last day of the month shown on the Card separately specified.
2. Forexderiv shall send a new Card with a new expiration date to the Debit User who does not request to cancel the Debit Services on or before the date specified prior to the expiration date of a Card and continues to be approved by Forexderiv as the Debit User. When the Debit User receives a new Card, the Debit User must shred, destroy or otherwise properly dispose of the expired Card and use the new Card.
3. Forexderiv reserves the right to refuse renewal of an expired Card or discontinue the provision of the Debit Services prior to the expiration date of a Card at its own discretion depending on the usage of the Card by the Debit User or for other reasons. Even if the renewal of a Card is refused or the Debit Services are discontinued by Forexderiv, the Debit User can continue to use the Cash Card Function of the Card.
4. Forexderiv reserves the right to withdraw funds from the Debit User' s account balance and perform obligations through the Debit Services even after the expiration date of a Card pursuant to each provision of Articles. Such withdrawal from the Debit User' s account balance and performance of obligations through the Debit Services shall be subject to these Terms and Conditions.
Article 7. Sale and Purchase Agreement
1. The Sale and Purchase Agreement shall take effect at the time when the Debit User makes an offer by notifying the Merchant of the card number, expiration date of the card number, PIN and security code (collectively, "Card Data and PIN" , among which the PIN and security code shall be notified only when requested by the Merchant) by the prescribed method, and the Merchant accepts such offer. The Bank shall deem that the Merchant has accepted an offer from the Debit User when the Merchant notifies the Bank of the sales amount under the Sale and Purchase Agreement ("Sales Amount") as well as the Card Data and PIN in whole or in part.
2. The Bank shall not be responsible or liable for the Sale and Purchase Agreement and shall assume no responsibility to conduct investigation or other activities regarding the details of the Sale and Purchase Agreement. If there is any doubt or other issue in connection with the Sale and Purchase Agreement, the Debit User must consult with the Merchant to resolve such doubt or issue.
3. When the Debit User and the Merchant agree to rescind the Sale and Purchase Agreement after entering into such Sale and Purchase Agreement, the Debit User must notify the Bank to that effect by the method specified by the Bank.
4. The Debit User agrees that the products and services purchased and other details under the Sale and Purchase Agreement, accompanying information as well as personal information of the Debit User and the Card Data shall be disclosed between the Merchant, the Acquirer, insurance companies and the Bank for the purpose of identifying the Sale and Purchase Agreement and confirming the details.
Article 8. Statements of Debit Card Transactions
Forexderiv shall retain statements of transactions related to the use of the Debit Services for the period specified by the Bank and make them available to the Debit User by the method specified by the Bank.
Article 9. Debit Limit
1. The Debit User shall, by the method specified , set the maximum limit for transactions involving the use of the Debit Services ("Debit Limit") of up to the amount separately specified by the Bank at the option of the Debit User. When the Debit User does not set the specific Debit Limit, the Debit User' s Debit Limit shall be the amount separately specified by Forexderiv.
2. As a rule, Forexderiv shall not approve the use of the Debit Services that exceeds the Debit Limit. When Forexderiv receives notification of the Card Data and PIN or the Notification of Confirmed Sale that exceeds the Debit Limit from the Merchant, notwithstanding the provisions of Article 10, the Bank shall notify the Merchant that Forexderiv will not process the withdrawal or performance of obligations.
Article 10. Fees and Charges for Sale and Purchase Agreement
When the Debit User enters into the Sale and Purchase Agreement, the fees and charges specified by the Bank shall be automatically withdrawn from the Debit User' s bank account at the time specified by the Bank.
Article 11. Suspension of Use Requested by Debit User
1. When the Debit User desires to suspend the use of a Card provided, the Debit User must notify Forexderiv to that effect by the method specified by Forexderiv.
2. Even if the Bank suspends the use of the Card pursuant to the provision , Forexderiv reserves the right to withdraw funds from the Debit User' s account balance and perform obligations through the Debit Services when Forexderiv receives the Notification of Confirmed Sale from the Merchant regarding the obligations under the Sale and Purchase Agreement that takes effect prior to such suspension.
Article 12. Consumption Taxes
Consumption taxes and other taxes and dues imposed on a funds transfer fee as well as other fees and charges under these Terms and Conditions shall be borne by the Debit User.
Article 13. Other Terms and Conditions
Any matter not specified in these Terms and Conditions shall be subject to Forexderiv' s other terms and conditions, rules and other provisions specified. Forexderiv shall disclose the other terms and conditions, rules and other provisions by posting them on the Forexderiv website.