Name of the account provider: UAB Finansinės paslaugos “Contis“
Account name: CL EUR Contactless
Date: 09/10/2020
Term
Definition
Allowing a payment despite lack of funds
The account provider allows a payment to be made from the customer’s account although there is not enough money in it (or it would take the customer past their arranged overdraft limit).
Arranged overdraft
The account provider and the customer agree in advance that the customer may borrow money when there is no money left in the account. The agreement determines a maximum amount that can be borrowed, and whether fees and interest will be charged.
ATM balance enquiry
The customer views the account balance at a cash machine.
Card cancellation
The account provider charges a cancellation fee if the customer cancels the card order within the first 14 days and a card has already been ordered in the customer’s name.
Cash withdrawal in euros in Europe
The customer takes cash out of the customer’s account in euros at a cash machine in Europe.
Cash withdrawal in a foreign currency outside Europe
The customer takes cash out of the customer’s account in foreign currency at a cash machine outside Europe.
Debit card payment in euros
The customer uses their debit card to make a payment in euros. This can be in a shop, online or over the phone.
Debit card payment in a foreign currency
The customer uses their debit card to make a payment in foreign currency. This can be in a shop, online or over the phone.
Issuing of debit card
The account provider sends a debit card to the customer.
Issuing of additional debit card
The account provider sends a debit card to the customer for an additional user.
Maintaining the account
The account provider operates the account for use by the customer.
Receipt of international payments
When money is sent to the customer’s account from an account not using a SEPA transfer.
Receipt of payments in euros – SEPA
When money is sent to the customer’s account from an account using SEPA.
Refusing a payment due to lack of funds
The account provider refuses a payment from the customer’s account because there is not enough money in it.
Replacement debit card
The account provider sends a replacement debit card to the customer.
Sending money in euros – SEPA
The account provider transfers money, on the instruction of the customer, from the customer’s account to another account using SEPA.
Sending money outside of SEPA zone
The account provider transfers money, on the instruction of the customer, from the customer’s account to another account outside of the SEPA zone.
Unarranged overdraft
The customer borrows money when there is no money left in the account (or the customer has gone past their arranged overdraft limit) and this has not been agreed with the account provider in advance.