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2.8.10 Card expirations

No: BCT/15631 Date(g): 2/5/2012 | Date(h): 11/6/1433 Status: In-Force

Prepaid Payment Services shall be subject to standard SPAN card expiration date,

 

a. The expiration date is at least 3 years after the date on which the prepaid account funds were first loaded, where the card is a smart/EMV card

OR

B. two years for magnetic stripe cards;

AND

c. the terms of expiration are prominently disclosed