The card has wider online acceptance with over 36 million retail locations around the world, on the internet and at two million ATMs – wherever you see the MasterCard logo.
It supports cash-back (where cash-back is offered by the retailers)through POS terminals up to a maximum amount of €100.
Increased security meaning less risk of unauthorised use of your card.
For further information on our prices and conditions please see our Corporates and Institutions Fees and Charges brochure.
A Government stamp duty of €5 is levied annually on all debit/ATM cards.
The exchange rate that will be applied to any transaction (or refund thereof) that needs to be converted into euro will be based on the exchange rate applied by the card scheme (MasterCard) at the time that the transaction (or refund) is passed to our agents for processing. These exchange rates which will fluctuate continuously and without notice, are available from www.nets.eu/exchangerates
A conversion fee, which is set by the Bank, is also applied to the transaction. The conversion fee is outlined in our Corporates and Institutions Fees and Charges brochure.
If you use the card in a country which has not adopted the euro, the merchant may propose converting the amount of the transaction into euro before processing the transaction. Before you agree to do this, the merchant must outline any charges and the applicable exchange rate or reference exchange rate. The exchange rate or reference exchange rate used by the merchant may be different from that which would have been used by the Bank had the merchant not carried out the conversion.
For further information please see our Terms and Conditions for Corporates and Institutions.