Announcement of upcoming changes in GTC for servicing payments on POS terminals – effective 31.12.2019

  • 10/31/2019
  • in force of 12/31/2019
  • General terms

Announcement of upcoming changes in GTC for servicing payments on POS terminals – effective 31.12.2019

Dear Customers,

We would like to inform you that there will be changes, effective 31.12.2019, in the General Terms and Conditions for servicing payments with payment and prepaid cards at real and virtual POS terminal devices, pursuant to a decision of the Management Board of UniCredit Bulbank AD.

By providing this announcement, UniCredit Bulbank AD fulfills its obligation as a payment services provider, pursuant to Art. 62 of the Payment Services and Payment Systems Act, to give a 2-month prior notice to its customers (payment services users) about any upcoming changes to the terms and conditions of the framework agreement concluded between the parties.

Within the 2-month period, the payment services user has the right to terminate the framework agreement with immediate effect. In the event where until the effective date of the changes the payment services user does not terminate the framework agreement, the payment services provider (UniCredit Bulbank AD) will consider that the payment services user accepts the changes.

The full text of the updated General Terms and Conditions can be viewed in the attached file.