Meaning of the word: Contractual penalty
Contractual penalty is a penalty that is listed directly in the contract between the client and the bank institutions. As for sanctions, the bank may require the compensation for breach of conditions and client must pay it. The purpose of the penalty is mainly preventive.back to dictionary >
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Embossed payment card
Embossed payment card has in addition to the electro-magnetic stripe also embossing. This means that on the card are embossed the data about owner…go to the dictionary >
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