Termination by the Issuer. In case of serious breach, fraud, payment default on the part of the User, the Issuer reserves the right to suspend or terminate the Contract. Termination results in the closing of the Account and the Refund of the User, if applicable. Such Refund may however be blocked in certain circumstances, in accordance with legal anti-money laundering and anti-terrorist financing provisions. Termination of the Contract by the Issuer does not grant the User or the Partner any right to compensation.
Appears in 2 contracts
Sources: Electronic Money Agreement, User Agreement