Common use of Fees and exchange rates Clause in Contracts

Fees and exchange rates. 8.1. Fees that apply to your Parent Account, Associated Account, Card and associated services and/or transactions are as set out in the Tariff. The fees depend on the plan that you have chosen. You can opt for the Basic Plan with monthly or yearly subscriptions. Alternatively, you can choose the Pay as you go Plan, where specific features may not be available and the fees that will be charged to You when you load your Woli Parent Account will be higher than the ones that apply to the Basic Plan. If you wish to unblock the features that are not available under the Pay as you go Plan, you can always upgrade your plan to the Basic Plan. 8.2. All fees will be determined in the currency of the relevant Card and/or Account to which they relate and will be deducted from the relevant Account. 8.3. In case a Parent opts for the Pay as you go Plan this plan will apply with respect to all Associated Accounts linked to the Parent’s Woli Account. The same will apply in case the Parent chooses to upgrade their plan to the Basic Plan. 8.4. If You have opted for the Basic Plan and You wish to change plan, You can always request to downgrade your plan to the Pay as you Go Plan. The change will become effective once your subscription lapses and will apply to all Associated Accounts. 8.5. Paynetics reserves the right to change the applicable fees in accordance with this Agreement (see further clause 13). Changes in the reference exchange rate will apply immediately without prior notice. 8.6. If a payment received or sent into your Account is in a currency other than the currency of the Account (including transfer between your different currency Accounts), then the payment amount will be converted into the currency of the destination account using an exchange rate made up of a reference rate (available at the App). The exchange rate will be determined at the time (with respect to payments into Account) the payment is received or (with respect to payments from Account) the payment instruction is received by Paynetics. 8.7. If a payments using a Card is in a currency other than the currency of the Account from which it is taken, then the amount deducted will be the amount of the Card payment converted to the currency of the Account using the reference exchange rate applied by Visa® (available at ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇.▇▇/support/consumer/travel- support/exchange-rate-calculator.html. The exchange rate shall be determined on the date of the Card payment is processed. The exchange rate is not set by Paynetics and varies throughout the day meaning it may change between the date the Card payment is made and the date it is processed. Paynetics provides information on the total currency conversion charges applicable with respect to Card payments, expressed as a percentage mark-up over the latest available euro foreign exchange reference rates issued by the European Central Bank on the Website. 8.8. Parent is entitled to use the Woli Mobile App and our payment services for 30 days upon approval of your application by us. If at any time during these 30 days envisaged, the Parent chooses to order issuance of plastic Card, then the Parent should choose a monthly or yearly Card subscription fee due for the use of the Woli Mobile App and our payment services before Parent proceeds to the ordering of the card. Alternatively, the Parent may opt for the Pay as you go Plan in which case they will be asked to provide their debit/credit card details (issued by another payment services provider) where the fees applicable under this plan will be charged from. 8.9. Until the expiration of the 30-day period if you wish you can cancel the use of our payment services and the Woli Mobile App, and by contacting our Customer Relations Centre. You will not be charged for cancelling within this period and the funds in your Account will be returned to you in accordance with clause 15. You will not be entitled to a refund of any payments and associated fees made from your Account/Associated Account or using the Card up to the date you notify Paynetics of the cancellation. 8.10. If you choose not to terminate this Agreement after the 30-day period, prior to using the services you should cover a monthly or yearly card subscription which is collected per Associated Account and allows the services hereunder to be used by Parent for a specific Child. The monthly or yearly Card subscription fee per Associated Account will be charged to the debit/credit card that you have saved in the App or directly to your Parent Account balance. The monthly or yearly card subscription fees are recurring and by choosing to continue using our services and the Woli Mobile App you give your consent for their automatic collection each month or year respectively, on the exact date when You activated each Associated Account, from the debit/credit card that you have saved in the App or directly to your Parent Account balance.

Fees and exchange rates. 8.1. Fees that apply to your Parent Account, Associated Account, Card and associated services and/or transactions are as set out in the Tariff. The fees depend on the plan that you have chosen. You can opt for the Basic Plan with monthly or yearly subscriptions. Alternatively, you can choose the Pay as you go Plan, where specific features may not be available and the fees that will be charged to You when you load your Woli Parent Account will be higher than the ones that apply to the Basic Plan. If you wish to unblock the features that are not available under the Pay as you go Plan, you can always upgrade your plan to the Basic Plan. 8.2. All fees will be determined in the currency of the relevant Card and/or Account to which they relate and will be deducted from the relevant Account. 8.3. In case a Parent opts for the Pay as you go Plan this plan will apply with respect to all Associated Accounts linked to the Parent’s Woli Account. The same will apply in case the Parent chooses to upgrade their plan to the Basic Plan. 8.4. If You have opted for the Basic Plan and You wish to change plan, You can always request to downgrade your plan to the Pay as you Go Plan. The change will become effective once your subscription lapses and will apply to all Associated Accounts. 8.5. Paynetics reserves the right to change the applicable fees in accordance with this Agreement (see further clause 13). Changes in the reference exchange rate will apply immediately without prior notice. 8.6. If a payment received or sent into your Account is in a currency other than the currency of the Account (including transfer between your different currency Accounts), then the payment amount will be converted into the currency of the destination account using an exchange rate made up of a reference rate (available at the App). The exchange rate will be determined at the time (with respect to payments into Account) the payment is received or (with respect to payments from Account) the payment instruction is received by Paynetics. 8.7. If a payments using a Card is in a currency other than the currency of the Account from which it is taken, then the amount deducted will be the amount of the Card payment converted to the currency of the Account using the reference exchange rate applied by Visa® (available at ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇.▇▇/support/consumer/travel- travel-support/exchange-rate-calculator.html. The exchange rate shall be determined on the date of the Card payment is processed. The exchange rate is not set by Paynetics and varies throughout the day meaning it may change between the date the Card payment is made and the date it is processed. Paynetics provides information on the total currency conversion charges applicable with respect to Card payments, expressed as a percentage mark-up over the latest available euro foreign exchange reference rates issued by the European Central Bank on the Website. 8.8. Parent is entitled to use the Woli Mobile App and our payment services for 30 days upon approval of your application by us. If at any time during these 30 days envisaged, the Parent chooses to order issuance of plastic Card, then the Parent should choose a monthly or yearly Card subscription fee due for the use of the Woli Mobile App and our payment services before Parent proceeds to the ordering of the card. Alternatively, the Parent may opt for the Pay as you go Plan in which case they will be asked to provide their debit/credit card details (issued by another payment services provider) where the fees applicable under this plan will be charged from. 8.9. Until the expiration of the 30-day period if you wish you can cancel the use of our payment services and the Woli Mobile App, and by contacting our Customer Relations Centre. You will not be charged for cancelling within this period and the funds in your Account will be returned to you in accordance with clause 15. You will not be entitled to a refund of any payments and associated fees made from your Account/Associated Account or using the Card up to the date you notify Paynetics of the cancellation. 8.10. If you choose not to terminate this Agreement after the 30-day period, prior to using the services you should cover a monthly or yearly card subscription which is collected per Associated Account and allows the services hereunder to be used by Parent for a specific Child. The monthly or yearly Card subscription fee per Associated Account will be charged to the debit/credit card that you have saved in the App or directly to your Parent Account balance. The monthly or yearly card subscription fees are recurring and by choosing to continue using our services and the Woli Mobile App you give your consent for their automatic collection each month or year respectively, on the exact date when You activated each Associated Account, from the debit/credit card that you have saved in the App or directly to your Parent Account balance.