Amended General Terms and Conditions for Business and General Terms and Conditions for Payment Services Provision

Dear Customers,

We notify you hereby that that the General Terms and Conditions for Business and the General Terms and Conditions for Payment Services Provision of the Bulgarian American Credit Bank have been amended and supplemented. The amended Terms and Conditions can be found here.

The amendments to the General Terms and Conditions will enter into force on 21.09.2017 and from that date apply to all payment service customers, except for the customers - natural persons (users) with whom the Bank has concluded framework agreements for payment services before 21.09.2017. For these customers-users, the amendments shall take effect from 21.11.2017, and the Bank considers that the client-user has accepted and is bound by the amendments, unless the latter notifies the Bank in writing before 21.11.2017 that he/she does not accept the amended General Terms and Conditions. In the event that a customer-user notifies the Bank in writing that they do not accept the amendments to these General Terms and Conditions before 21.11.2017, the customer-user is entitled to immediately terminate the Framework Agreement for payment services provision concluded before 21.09.2017, without being liable for any costs and indemnities.