The content of terms and conditions of the Agreement on opening and using SmartCash - VPBank’s prepaid card (Hereinafter referred to as the “Agreement”) incorporated with the registration request of SmartCash - VPBank’s prepaid card form a complete Contract on the issuance and usage of prepaid card between Vietnam Prosperity Joint-Stock Commercial Bank (hereinafter referred to as “VPBank” or “the Bank”) and the Cardholder.
By signing in the registration request of SmartCash - VPBank’s prepaid card, VPBank and Cardholder commit to comply with the terms and conditions on the issuance and usage of VPBank’s prepaid card (hereinafter referred to as “Card”) in this Agreement.
Article 1: The Cardholder’s rights and obligations
Article 2: The Bank’s rights and obligations
Article 3: Payment
Article 4: Fees
During the process of Card usage, the Cardholder shall take responsibility to pay VPBank the fees of services in accordance with VPBank’s regulations, including but not limited to:
Article 5: Card registration and non-acceptance of card
Article 6: Termination of card usage and card account
Article 6: Termination of card usage and card account
The Cardholder has the right to request the Bank to terminate the usage of any card or all cards.
Article 7. Terms and conditions applicable to the Customers and the Bank during the process of using and delivering the services related to VPBank SmartCash Card on the Internet (E-banking Service):
Article 8: Amendments and supplementations
VPBank shall notify the Cardholder of the amendments to any Terms and Conditions regarding the issuance and usage of SmartCash Prepaid Card (if any), features of SmartCash Prepaid Card products via the methods including but not limited to written documents, email, or other means of mass media or the Bank’s official home page (website:www.vpb.com.vn).
The cardholder is considered to agree with all the amendments as notified by the Bank if the Cardholder continues to use the Card after the effective date of amendments.
Article 9: General provisions of FATCA
- Provision of any document or information to tax offices;
- Performance of any other activity that Tax offices have rights to request for, in conformity with the statutory regulations of which VPBank is the entity of adjustment or received by VPBank through a voluntary contract or due to reasons of finance, commerce, business or VPBank’s benefits or related to relevant Tax office’s competence or including but not limited to FATCA.
9.2.1. VPBank shall not offer the Customer any advices about tax. The Customer shall take full responsibility for fulfilling obligations of tax reporting and submitting the documents related to his/her own account all over the world. VPBank expects that the Customer will fulfill all of his/her tax obligations. The Customer shall provide any information as requested by VPBank in conformity with statutory regulations in order that VPBank complies with financial obligations and tax report of VPBank alone.
9.2.2. In order to comply with requests of information provision performed by any tax office in accordance with Statutory regulations and/or in compliance with VPBank’s financial obligations and tax report, the Customer agrees that VPBank may collect, store, use, handle, disclose and report to any tax office or other competent agencies about Tax information, financial information or other information hold by VPBank or provided to VPBank by the Customer.
9.2.3. Within 30 (thirty) days as from the date of VPBank’s request in writing (herein after referred to as the “Request”), the Customer agrees to provide VPBank with any tax information, financial information or other information specified in the Request (individually or collectively).
9.2.4. If the customer fails to provide VPBank with any information specified in the Request or fails to perform other contents (if any) as per VPBank’s Request within the stipulated time in the Request, VPBank has the right to adopt any method which is considered suitable to the account status by VPBank, or report to tax office and VPBank will perform in line with suitable tax reporting mechanism and financial obligations, without distinguishing the current status of the account.
9.2.5. The customer agrees to proactively and immediately notify VPBank in writing in case of any amendment to the customer’s tax information.
9.2.6. If the customer fails to provide VPBank with any required information within the required time, VPBank shall have the right to perform the following actions without being bound its obligation to the customer:
a. On the basis of prior notification in writing to the customer within 30 (thirty) days, VPBank shall subtract or deduct tax or any other amount or tax amount from the customer’s account or from any payment or income that must be paid to the customer by VPBank or must be credited to the customer’s account; and VPBank shall pay or settle any tax or equivalent amount paid to the relevant tax office in accordance with VPBank’s financial and tax obligations and VPBank’s computations or regulations of the tax office under the statutory regulations.
b. VPBank shall close the customer’s account, cease or terminate its service offerings to the customer or end the relationship between VPBank and the customer.
Article 10: Other provisions