Negative balance limit for wire transfers
Case description
You need to find out if there is a negative balance limit for wire transfers.
Solution
When paying via wire transfer, no negative balance limit is set. Services are suspended only if the outstanding amounts have not been paid within the terms specified in the agreement:
6.9. The Customer pays the Arrears arising as a result of consuming Services during the Reporting period, monthly within 14 (fourteen) calendar days from the end of the applicable Reporting period (excluding non-working holidays), unless a different payment procedure for individual Services is provided by Special terms. When calculating the Arrears, Grants provided to the Client are taken into account.
This means that if you choose Wire transfer as the payment type, services will be suspended only if both conditions are met:
- At the end of the previous month, your account balance was negative.
- You have failed to pay the arrears within the first 14 days of the current month.
Check the settlement procedure in Section 6 of the Offer and in this article.