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Notification of changes in the General Terms and Conditions for Bank Cards for Business Clients and for Providing Payment Services with the use of Bank Cards as Electronic Payment Instruments

Upcoming changes in the Tariff, Interest rates and General Terms

  • Calendar Icon 01/31/2025
  • Check Icon in force of 04/01/2025
  • Text File Icon General terms

Notification of changes in the General Terms and Conditions for Bank Cards for Business Clients and for Providing Payment Services with the use of Bank Cards as Electronic Payment Instruments

Dear customers,

We would like to inform you that on 01.04.2025 changes in the General Terms and Conditions for Bank Cards for Business Clients and for Providing Payment Services with the use of Bank Cards as Electronic Payment Instruments will take effect.

Changes are as follows:

  • The Bank shall be entitled to change the General Terms and Conditions, of which it shall notify the Customer by means of a statement sent to the e-mail address specified by the Customer in a contract and/or in another document submitted to the Bank, and/or made on the electronic banking channels of the Bank and/or by using another durable medium, not less than two months prior to the date on which such changes are proposed to take effect, and shall promulgate the information on such changes on the Bank’s website and at its business premises. 
  • The Bank shall have the right to change its Tariff of Fees and Commissions for Legal Entities and Sole Traders and its Interest Bulletin for Legal Entities and Sole Traders, of which changes it shall notify the Customer by a statement sent to the e-mail address specified by the Customer in a contract and/or in any other document submitted to the Bank, and/or made on the electronic banking channels of the Bank and/or by using another durable medium, not less than two months prior to the date on which such changes are proposed to take effect, and shall promulgate the information on such changes on the Bank’s website and at its business premises. Changes in interest rates and exchange rates may be applied immediately and without prior notification under the preceding sentence if such changes are based on the reference interest rate or the reference exchange rate. In such cases, the Bank shall inform the customer of the changes referred to in the preceding sentence at the earliest opportunity, and these shall be made available to the customer in accordance with this paragraph. Where changes in interest rates, exchange rates or fees and charges payable are more favourable to the customer, they shall be applied without prior notice.
  • The Customer shall be deemed to be bound by the changes to these General Terms and Conditions, respectively – the Tariff of Fees and Commissions for Legal Entities and Sole Traders and/or the Interest Bulletin for Legal Entities and Sole Traders, if it does not notify the Bank in writing that it does not accept them prior to their effective date. If the Customer does not agree with the proposed changes, the Customer may reject them and terminate the agreements related to these General Terms and Conditions, including the Bank Card Agreements, before the changes become effective, without being liable for costs and damages.
  • Editorial and others changes in the GTCs.

The amended General Terms and Conditions for Bank Cards for Business Clients and for Providing Payment Services with the use of Bank Cards as Electronic Payment Instruments are available at the Bank's branches and on its website.

For additional information, you can contact the servicing banker of the company you represent or the Customer Contact Center of UniCredit Bulbank AD on phone 0700 1 84 84.

 

With the present notification, UniCredit Bulbank AD fulfills its obligation, according to Art. 62 of the Payment Services and Payment Systems Act and informs the payment services users hat it reckons they have accepted the changes in the conditions of the Framework agreement, unless they notify the Bank that they do not accept these changes before the date of entry into force of the changes. Provided that the payment service users does not accept the changes, the Bank informs that the users have the right to terminate the Framework agreement and any other related contracts, before the date on which are proposed of entry into force of the changes, without being responsible for costs and compensation.