An update on currency cards
Please be informed that currency cards purchased via Cinkciarz.pl need to be registered and confirmed. Registration and confirmation must be completed by January 26, 2017.
mBank S.A., issuer of the currency cards from Cinkciarz.pl, will introduce changes to the ‘Regulations of the Prepaid Card on the bearer, issued by mBank S.A. as an instrument of electronic money of mBank S.A.’ and the ‘Regulations of the Prepaid Currency Card on the bearer, issued by mBank S.A. as an instrument of electronic money’. The updated regulations will be posted at www.mbank.pl on November 25, 2016.
In response to a request from mBank S.A., we would like to inform those who have purchased currency cards via Cinkciarz.pl, that these changes are particularly in part to the introduction of the mandatory registration of User data to the prepaid cards that were issued as an electronic money instrument. The changes are a result of the necessity to adjust the instruments of electronic money (the prepaid cards issued on the bearer), in accordance with the Act of 16 November 2000 on counteracting money laundering and the financing of terrorism (T.J .: Dz. U. of 2016., Pos. 299).
Every Card User will be obliged to register their data from January 26, 2017 in the Prepaid Cards System at www.mbank.pl/prepaid (registration will be possible from November 25, 2016). Moreover, in order to confirm the provided registration data, the Card User will be obligated to make a money transfer activation charge in order to confirm the data provided to the account of the card (provided on the back of the card).
Should the Card User fail to fully register the data (along with the confirming money transfer charge) before January 31, 2017, mBank will be required to block the card. Further use of this card will be possible only after the registration and confirmation in the Prepaid Card System.
Registration and verification of the data will be also necessary in the case of buying-out the funds after January 26, 2016.
Information on the new registration process for the card users will be published in the Prepaid Cards System at www.mbank.pl/prepaid on November 25, 2016.
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