Catella Bank is a credit institution supervised by the CSSF. Catella Bank has terminated its business and is closing down. Due to the closure and termination of the banking license the following Notice is applicable for you as a customer.
Luxembourg, 20 August 2020
VERY IMPORTANT NOTICE CATELLA BANK S.A.
CESSATION OF « CREDIT CARD » AND « PREPAID CARDS » ACTIVITIES
If you have been issued a Bank card in the past and if for such card you continue to hold a balance with the Bank which you have not claimed so far, the notice hereafter is of the UTMOST IMPORTANCE to you, because it outlines the way forward and may affect your rights.
ONLY FOR CARDHOLDERS HOLDING A POSITIVE BALANCE
Catella Bank S.A. (the « Bank ») has ceased its “credit card” and “prepaid card” activities, and business relations with its customers have been terminated. Customers are no longer authorized to use their cards. The Bank’s operations are generally in the course of being wound down.
Until 2 November 2020:
You shall be able to continue to claim your balance with the Bank with no extra fees until 2 November 2020.
If you do not claim your balance until such date, the Bank shall forthwith thereafter deduct a closing fee of EUR 2.500 from your balance.
After 2 November 2020:
After 2 November 2020 and until further notice, you shall be able to continue to claim your remaining balance, if any, with the Bank or any successor or assignee or depositary under applicable laws.
Terms and conditions:
To the extent that despite the fact that your business relation with the Bank has been terminated, the present notice would constitute or could be interpreted as an amendment to the terms and conditions governing your relations with the Bank, you shall have the right to oppose to it by notifying the Bank via email email@example.com within two months of its publication.
Please also feel free to reach out to the above email address for further information.