Announcement regarding the amendment of the General terms and conditions for the provision of financial services to legal entities at BC “MAIB” SA, effective from October 27, 2025

Dear customers, 

We hereby inform you that, as of October 27, 2025, amendments to the General Terms and Conditions for the Provision of Financial Services to Legal Entities will come into effect.  

The amendments concern the following sections of Chapter II: 

1. Section B.1.3 – Execution of Payment Orders
   A new European system has been introduced – the Single Euro Payments Area (SEPA). (p.31); 
2. Section G.2 – Processing of transactions and exchange rates applied to card accounts
   The mechanism for processing transactions in foreign currencies (when the transaction currency differs from the account currency) has been modified. Now, the account is debited using the same exchange rate applied at the time of transaction authorization, rather than the exchange rate on the account debit date, as was previously the case. (p.40.2.1, p.40.2.2, p.41) 
3. Section J.5 – Cash request functionality at merchant purchase
   The “Cash at POS” service has been introduced, allowing cash withdrawal directly at the moment of a purchase at merchants when paying with a Mastercard.  

For more details, please consult the updated version of the General Terms and Conditions for the Provision of Financial Services to Legal Entities. 

maib team