Terms & Conditions

1.1. These terms and conditions apply to any holder of the Arro Card (‘the Card’) and Arro Account (“the Account”). By using your card and account you are demonstrating your agreement to these terms and conditions.

1.2. The card and account are promoted by Arro, a product of Marq Millions Ltd (“Marq Millions”). The Arro Card is issued by Wirecard Card Solutions Limited Registered Office: 3rd Floor, Grainger Chambers, 3-5 Hood Street, Newcastle upon Tyne, NE1 6JQ. Registered in England No. 07875693. Authorised and regulated in the UK by the Financial Conduct Authority to issue e-money (Firm Reference Number: 900051).

1.3. You will apply for a card and account, and pay into it in sterling. All references to that currency in these terms and conditions are relevant to you.

1.4. The card is an e-money product and as such it is not covered by the Financial Services Compensation Scheme. In the unlikely event that Wirecard Card Solutions Ltd (WDCS) becomes insolvent, your funds may become valueless and unusable, and as a result you may lose your money. However, as a responsible e-money issuer, WDCS ensures that once it has received your funds they are deposited in a secure account, specifically for the purpose of redeeming transactions made by your card. In the event that WDCS becomes insolvent funds that you have loaded which have arrived with and been deposited by WDCS are protected against the claims made by creditors.

1.5. These terms and conditions are available online at www.arromoney.com .You can request a copy of these terms and conditions at any point in their duration.

1.6. Your Arro Card is a Mastercard prepaid debit card. It is not a guarantee card, charge card or credit card.

1.7. You will not earn any interest on any funds paid in to your account.

In these terms and conditions, the following words and phrases have the meanings shown next to them:

Account limit, Limit or Limits – means the maximum value of funds that can be held in the Account any one time; the Account limits includes the total amount of funds in your main Account and any Extra Accounts.

ATM – means automatic teller machine or cashpoint facility or cash dispenser;

Business day – means a day between and including Monday to Friday, between 9am and 5pm (UK time) except for bank or public holidays in England and Wales;

Card – means your Arro Prepaid Debit Mastercard (including any replacement card);

Card Payment – A payment using your Arro Card, funds are immediately transferred from your Arro Account. Prepaid debit cards also allow for instant withdrawal of cash from ATMs.

Card scheme – means Mastercard

Chargeback: A chargeback is a request following a disputed transaction whereby Wirecard Card Solutions Ltd will put a request through to a merchant for a debited transaction to be credited to your Arro Account.

Continuous Payment Authority – A continuous payment authority or recurring payment is where you give a company permission to regularly take cash from your Card. The company can request payment from your Card whenever it is deemed that you owe them money.

Cut off time – A cut off time is the latest time in which a payment can be paid into your Account or can leave your Account.

Direct Debit – An instruction from you to Marq Millions. It authorises the organisation you want to pay to collect varying amounts from your Account – but only if you’ve been given advanced notice of the amounts and dates of collection.

Disputed Transaction – A disputed transaction is a transaction that you dispute the validity of a transaction in your Account.

E-money – means electronic money and is the electronically stored monetary value of funds held in your Account. Funds received into your Account may be used for the purpose of making payments or transactions outside of Marq Millions Ltd and its partners. E-money will be referred to throughout these Terms and Conditions as ‘money’. For regulatory purposes, where money is referred to in this document, this denotes ‘e-money’.

Fees – a variety of charges that can be raised for purchase and ongoing use of the Card and Account.

Arro Account – This is your e-money Account as a whole.

Issuer – Wirecard Card Solutions Ltd.

Main Account/Main Arro Account: Your main Account is the first Account you were issued with when you applied to Marq Millions Ltd. When we confirmed that you had opened an Account we provided the main Account number and sort code to you.

Payee/Recipient – A payee or recipient is a party that you send a payment to from your Account. You can choose whether you would like to save a payee to your Account for ease of payments to this party in the future or you can choose to input the payee details for each payment.

PIN – means personal identification number i.e. the security number provided for use with the Card;

Standing Order – An instruction to Marq Millions Ltd by an Account holder to make regular fixed payments to a particular person or organisation.

Supplier – a retailer, merchant or other supplier of goods and/ or services which accepts payment by means of a card, card number, PIN or card and signature;

Summary Box – The section that includes notification of charges associated with the Card and Account

Transfer/Payment – A transfer or payment is a payment to or from your Account. A transfer can be a one off payment or a regular payment such as a standing order or direct debit. Payments that you can make from your Account include card payments, direct debits, standing orders, single payments, ATM withdrawals and continuous payment authorities. Payments can be made out of your Account by inputting your details online, over the phone or in person.

Payments into your Account include faster payments in, BACs payments in, transfers in from another Account or cash payment in

Standing Order – A standing order is an instruction to Marq Millions by you to make regular fixed payments to a particular person or organisation.

Supplier’s bank – the organisation, known as a merchant acquirer, used by the supplier for the purposes of receiving payments arising from transactions.

Verification of identity – means confirming personal identity and address of you by conducting electronic verification of your details or by you providing documentation of identity;

Website – means the website, www.arromoney.com, operated by Marq Millions trading as Arro.

We / us / our – means Wirecard Card Solutions Limited or Arro (a trading name of Marq Millions) and acting on their behalf;

Year – 12 month period following the date when the Account is opened and the Card is issued to you and each subsequent 12 month period.

You / your – means the person who has opened an Arro Account, and is authorised to use the Arro Card and Arro Account as provided for in this Agreement.

3.1. When you apply for an Arro Account you are applying for an e-money account with additional features which allow you to carry out some transactions normally associated with a bank current account such as Direct Debit, Standing Order and Faster Payment. Upon verifying your identity and being accepted for an Account you will be immediately issued with a virtual Card that can be used for online transactions. In addition you will receive a physical Card which will arrive by post within a few days of acceptance. You will also be given an account number and sort code for your main Account.

3.2. Your Account will have some minimum and maximum limits on things including your account balance and payments in and out of your Account.

3.3. We reserve the right to change the limits on your Account with immediate effect. If the limits on your Account change, we will communicate the change to you through the channels listed on the website.

3.4. Any transactions fees will be charged from the account where the transaction originated. You must ensure that you have sufficient funds in the account the transaction is taking place from to cover the cost of the transaction and the fee associated with that transaction. If there are insufficient funds in the account to cover the fee for the transaction the transaction will decline as a result.

4.1. Paying-in You may pay into your Account in ways set out at www.arromoney.com, once logged into the website you will also find information about frequency and limits which may change from time to time.

4.2. The time that it takes for your account balance to be updated when you pay in to your Account depends on the method that you use and the time that it takes for the funds to be sent to the Issuer. All payments made into your Account will be credited to your account within an hour of the issuer receiving them. More information on payment in times are listed on the website,

4.3. The time that a payment is taken out of your Account depends on the type of payment that is being made. For more information on payment times from your Account please refer to the payments page on the website.

4.4. The Account does not have the facility to receive payments via CHAPS. Any payments sent to an Account via CHAPS will be returned to the sending account.

4.5. Fees relating to paying-in are set out in the Summary Box at the end of these terms.

4.6. Making Payments You may make payments from your Account in ways set out at www.arromoney.com, where you will also find information about frequency, limits etc, which may change from time to time.
From 1st October 2018 new account holders will need to have an activated physical card to make faster payments but will be able to shop online as soon as the email address is verified.
From 15th January 2019, all customers wishing to make faster payments or set up standing orders or direct debits will need to have an activated physical card, including customers that have been able to do this without a card historically. For customers without an activated card, faster payment, standing order and direct debit functionality will be disabled.

4.7. It is your responsibility to ensure that you enter the correct name, account number and sort code when making a payment out of your Account.

4.8. Should you send a payment to an account using incorrect details we will assist you in attempting to retrieve the funds, if you inform us within 13 months; there is no guarantee that the funds can be retrieved, for example, if the funds have been sent to a legitimate account and this may attract a reasonable fee regardless of the outcome of the attempt made to claim funds.

4.9. We can already return any money paid into your account by mistake to its sender. However, if you don’t think a payment made to you from a bank (or any other payment service provider [PSP]) in the European Economic Area (EEA) was a mistake, we may also be allowed to share your personal information with the PSP that sent you the money, so that you can be contacted directly. We’re required to share this information to cooperate with other PSPs in tracing any money sent to the wrong person.

4.10. You will find information about how you can give instructions to make payments at www.arromoney.com. There are various cut off times by which you need to give instructions which you should adhere to if you wish a payment to be made at a particular time.

4.11. It is your responsibility to ensure that there are sufficient funds in your Account where the transaction originated from to cover the cost of the payment and for the fee (if applicable) for that payment.

4.12. If you pay-in, you cannot make a payment from your Account against the money you pay-in until your Account is updated by the Issuer and the money you have paid in appears in your balance.

4.13. You cannot make a payment that would put your Account into a negative balance.

4.14. You may cancel an instruction to make a payment; the criteria by which you can do so are set out in the website

4.15. We or the Issuer may refuse to make a payment if it is not in accordance with these terms and conditions and the information provided at the website, or fees applicable would take your Account into negative balance, or the payment is to an organisation to which payments are proscribed by law, or to an organisation to which the Issuer does not make payments.

4.16. If you believe there to be an error relating to a payment, you should contact us in ways set out on the website.

4.17. The Account does not have the facility to send payments via CHAPS,

4.18. Fees relating to payments are set out in the Summary Box

4.19. It is your responsibility to ensure that you have sufficient funds in your Account to cover a payment leaving your account; this must include the funds to cover any fees (if applicable). Payments due to leave your Account where there are not sufficient funds to cover both the payment and the fee for the payment will declined.

4.20. If you do not operate your Account in a satisfactory manner, we may refuse to accept Standing Orders and Direct Debits to be paid from any or all of your Accounts.

5.1. The Card is a prepaid debit card which can be used to pay for goods and services at retailers that display the Mastercard Acceptance Mark. To use your Card, present it at the time of payment in person with a merchant and enter your PIN or provide your Card details during the checkout process online, provide the Card details over the telephone or input the Card to an ATM to withdraw cash or use it in full or part payment of your purchase. When you receive your Card, you must activate it by one of the ways described on the website.

5.2. You must not make purchases that exceed the balance of funds available on your Account. Your balance will be reduced by the amount of each purchase you make. If any purchase takes you over your available funds or the Account limits in force from time to time and set out on the website (e.g. ATM withdrawal limit) the transaction will be declined.

5.3. We reserve the right to request information at any time regarding the source of the funds used to pay into your Account. We may also suspend use of the Account/Card where this is the case, pending the satisfactory resolution of our queries;

5.4. You can use the Card to make purchases in-person, via the internet or over the phone. Your Card can be used to obtain cash through ATMs. You must not use the Card for:

5.4.1. pre-authorised regular payments;

5.4.2. transactions at self-service petrol pumps;

5.4.3. transactions for cash (other than ATM) including for example, cash from a bank, money orders, travelers’ cheques, foreign exchange, or bureau de change, or any illegal purposes.

5.4.4. a limited number of specified other transactions as set out at www.arromoney.com.

5.5 Your Card cannot be used in situations where it is not possible for the supplier to obtain online authorisation that you have sufficient balance for the transaction. For example: some transactions on trains, ships, and some in-flight purchases.

5.6. We may close, suspend or restrict your Account, Card or PIN on reasonable grounds relating to:

5.6.1. the security of your Account, Card, card number or PIN, and

5.6.2. the suspected unauthorised or fraudulent use of your Account, Card or PIN. We will, if possible, inform you before stopping, suspending or restricting your Account, Card or PIN that we intend to do so and the reasons for doing this. If we are unable to do so then we will inform you immediately afterwards. The requirement to inform you does not apply where it would compromise reasonable security measures or it would be unlawful to do so.

5.6.3. At our discretion if you abuse our staff in any way.

5.6.4. If you knowingly use personal information submitted in a previous application in an attempt to open an additional account.

5.7. We are not responsible for the quality, safety, legality, or any other aspect of any goods or services purchased with the Account or Card. We are not liable for the failure of any merchant to honour the Card. We will not issue a Card under these terms and conditions to anyone under the age of 18 years old.

5.8. The different types of Account are set out on the Website, and we may increase or decrease the number of such Accounts, and the specifications of such Accounts, from time to time.
Your Account that has a monthly fee associated with it and the initial monthly fee will be deducted from your first payment into your Account. Any payment in is classed as the first payment regardless of the source of the payment. Your payment will be taken on the same day each month with the exception of months where your billing date is the 29th,30th or 31st and the current billing month has insufficient days. In this case the monthly fees will be taken on the next 1st of the month, if this happens your original billing date will remain for subsequent monthly management billing.

5.09. In the unlikely event that you spend on your card without knowing the exact amount at the time of authorising the payment (for example, at a hotel), we won’t knowingly block any additional funds in your account beyond the amount requested from the merchant. As soon as we can confirm the exact amount you need to pay, we’ll release any additional blocked funds straight away.

6.1. Your main Account has the facility to set up a direct debit from it.

6.2. It is your responsibility to ensure that if you provide an account number and sort code for use in a direct debit set up that the account is currently active for direct debit payments. We do not accept responsibility for direct debits failing if you set up a direct debit on an Account and subsequently turn off the facility.

6.3. To enhance the security on your Account we will automatically cancel any direct debits that have been set up on your Account and have not been paid in 13 months. We do not accept responsibility for direct debits that have been cancelled if they have not been used in a 13 month period.

6.4. If you have a direct debit on your Account in which you have failed to make payments on three consecutive occasions due to insufficient funds the payment will be declined on each occasion and on the third consecutive failed payment the direct debit will be cancelled on your Account. The instruction will only be reinstated when we receive a new mandate from the originator. We accept no responsibility for direct debits cancelled as a result of them being cancelled due to too many failed payment requests.

6.5. Marq Millions does not have the facility for customers to set up international direct debit payments from any Account.

6.6. You may cancel a Direct Debit up to 3pm on the business day before the payment is due to be taken. To cancel a Direct Debit you should contact us in ways set out at www.arromoney.com, with details of the date and the amount of the payment you wish to cancel and the name of the person or organisation you asked us to pay. You should also advise the person or organisation you are paying that the instruction has been cancelled. You will still be responsible for any money you owe. If you do not cancel a Direct Debit by the deadline specified above, we cannot accept responsibility for any payments that are subsequently taken and you will need to contact the person or organisation you are paying.

6.7. The provisions of the UK Direct Debit Guarantee Scheme will apply where a refund of a Direct Debit is requested.

7.1. You agree that any use of your Account, Card, Card number or PIN constitutes your authorisation and consent to a transaction. You provide authorisation when you input your PIN in person when paying for something, by providing your Card to make a transaction or a number of transactions (may be referred to as continuous payment authorities), when you input your Card number during an online checkout process or when you set up a standing order, payment or direct debit to pay someone.

7.2. You cannot stop a transaction after it has been transmitted to us by giving your consent to the transaction, or once you have given your consent to the supplier for a pre-authorised payment (e.g. continuous payment authorities or recurring payments). Where you have provided a person or organisation with your consent to a recurring payment or continuous payment authority, you can contact us to cancel this. You must also contact the person or organisation you are paying. You will still be responsible for any money you owe. You must contact us before 2pm at the latest on the business day before the payment is due. If you do not cancel the payment by the deadline specified above, we cannot accept responsibility for any payments that are subsequently debited to your Card and you will need to contact the person or organisation you are paying to cancel the payment.

7.3. We may refuse a transaction or suspend or terminate the right to pay-in to your Account. We may do this if the relevant phone or computer link is busy. We may also do this if:

>7.3.1. a transaction might take you over your available funds in your Account; or

>7.3.2. a transaction might take you over any of your Account or Card limits; or

>7.3.3. we reasonably believe that we need to do so to keep to the rules of the payment system under which your Card is issued, or

>7.3.4. we reasonably believe that there are needs to do so to comply with any law or as a matter of good practice.

8.1. If you notice a payment out of your Account that you did not authorise, you should contact us immediately in ways set out at www.arromoney.com

8.2. Before issuing a refund, we may require some further information from you, in order to assist us in investigating an unauthorised payment transaction(s) as quickly as possible.

8.3. If we find that a payment transaction was not authorised by you, we will refund the amount of the unauthorised transaction to you on the same working day if we are notified before 4pm and by 10am on the following working day if we are notified of an unauthorised transaction after 4pm. Where applicable, we will refund any fees that have been incurred as a result of the transaction taking place.

8.4. You will, however, be liable for:

8.4.1. All payments and any losses in respect of unauthorised transactions where you have acted fraudulently;

8.4.2. All payments and any losses if you intentionally or negligently failed to take reasonable steps to keep the security features of your Card safe or have failed to comply with these terms and conditions.

8.4.3. Unless you’ve acted fraudulently or with intent or gross negligence, you may be liable for a maximum of £35 up until the time you report to us that your card is lost/stolen or your account has been compromised.

8.5. We may debit your Account with any amount refunded, if we subsequently become aware that the payment was authorised by you.

8.6. If it is found that you have deliberately made a false claim that a payment was unauthorised we may report this to the relevant authorities.

9.1. Your Account does not have the facility to send payments to an international account.

9.2. Your Account does not have the facility to receive funds from an international account.

9.3. Your Card can be used for transactions which are not in the currency of the account although a fee will be applied for doing so.

9.4. If you make a transaction in a currency other than the currency of the Account we will change the amount into the currency of the Account at the wholesale market rate or any rate that a government may set. We will charge a service charge (commission), see Summary Box.

9.5. Exchange rates may change, and the exchange rate which applies on the date that you make your transaction may not be the same as the exchange rate we use on the date that we convert the transaction charge and deduct the service charge from your balance. The exchange rate applied will include this service charge. You can check the exchange rate used as described in this condition.

9.6. Your online statement will show the exchange rate and service charge.

10.1. To check the available balance in your Account or to review your transactions visit www.arromoney.com, call 24 hours a day, or by any additional channels listed on the website.

11.1. It is your responsibility to ensure that you manage the balance of your Account and any limits set for your Account.

11.2. It is your responsibility to ensure that any payments into your Account do not exceed the overall balance limit on your Account. Please refer to www.arromoney.com for your Account balance limit.

11.3. Should a payment be sent to your Account that would exceed the permitted balance on your Account, the full payment will be returned to sender. The payment will be sent back to the sender as soon as reasonably possible.

11.4. It is your responsibility to ensure there are sufficient funds in your Account to cover any payments that you make. If you make a payment from your Account that brings your Account into a negative balance it is your responsibility to ensure that funds are paid into your Account immediately to cover the negative balance.

11.5. It is your responsibility to ensure that there are sufficient funds in your Account to cover your monthly management fee.

11.6. If you do not have sufficient funds in your Account to cover the monthly management fee the fee will be deducted from your Account the next time funds are paid into your Account.

11.7. If you have partial funds in your Account to cover your monthly management fee the partial amount will be debited from your Account and the remaining owed on your monthly management fee(s) will be debited from your Account the next time funds are paid into your Account.

11.8. Your Account is designed so that in the majority of cases your Account will not go overdrawn. There are some rare occasions where your Account balance may be a negative amount. It is your responsibility to pay funds into your Account immediately to cover any negative balance on your Account. If you persistently have a negative balance or fail to pay-in to cover a negative balance immediately we reserve the right to close your Account.

11.9. If you sign an agreement which you agree that your Account can be charged to process future/further payments, and a payment is taken which applies a negative balance to your account, it is your responsibility to ensure that funds are paid into your Account to cover the negative balance.

11.10. If a payment into your Account is automatically recalled as a duplicate transaction or a transaction sent in error this means that the payment will be debited from your Account. Should a recall of funds mean that your Account is in a negative balance it is your responsibility to ensure that funds are paid into your Account immediately to cover any negative balance.

11.11. In cases where there is a negative balance on your Account where you have not paid into your account to cover the negative balance, we will contact you to request payment immediately.

11.12. We reserve the right to transfer funds between any of your Extra Accounts and your Arro Account to cover any negative balances that may be in your Arro Account or your Extra Accounts.

11.13. We are not responsible for any missed payment(s) from your Accounts and/or your Extra Accounts as a result of funds being transferred to cover any negative balance in your Arro Account and/or Extra Account(s).

11.14. We reserve the right to engage the services of a third party debt collection agency to assist in the collection of any negative balance(s) on your Account and we may take legal action to recover any outstanding amounts. This may have an adverse impact on your credit rating.

12.1. Your Card’s expiry date is printed on the Card. You must not use the Card after its expiry date.

12.2. A replacement Card will be issued to you free of charge and sent to you at the address you have given us within two weeks of the expiry date. Tell us if you do not want your Card to be renewed in one of the ways we describe at the website.

12.3. If your Card has not been used in the eight weeks prior to its expiry date, you will be sent an email asking if you want to replace that Card and keep any existing balance on your Account. If you request that we do this, you will be issued with a replacement Card within two weeks. A replacement Card fee may apply (see Summary Box).

12.4. If you renew your Card in circumstances under conditions 12.2 or 12.3 this Agreement will continue to apply.

12.5. If you request that your Card is not renewed under condition 12.2 and 12.3 you will not be able to use it after its expiry date. You can redeem any outstanding balance on the account up to 6 years after the expiry date by following the process in condition 13. If any balance remains on the Account for more than 6 years after the expiry date, it will not be refunded.

13.1. You can redeem all or part of your balance by contacting us in ways described on the website up until the date that is 6 years after the expiry date shown on your Card or 6 years your Account has been closed under conditions 14 or 15 in this agreement. We will transfer any redeemed funds into a bank account which is in your name. We may request proof from you of the account name.

13.1.1. You may be charged a fee (see “Paying out of your Arro Account” in the Summary Box) to cover the transfer of funds from your Account to a bank account in your name.

14.1. You must sign your Card as soon as you receive it and keep it safe. You must always make sure that you keep your personal security details secure and that you follow the personal security guidelines set out at www.arromoney.com at all times. You should ensure that you:

14.1.1. do not allow anyone else to use your Card;

14.1.2. do not reveal your PIN and never write down your password(s), PIN or any security information you have given us unless you do this in a way that would make it impossible for anyone else to recognise any of that information;

14.1.3. only release the Card, Card number or PIN to make (or try to make) a transaction, and

14.1.4. if your Card is lost or stolen or someone else finds out the PIN or if you think your Card, Card number or PIN may be misused, you must:

14.1.4.1. call us immediately on our IVR number 0203 051 4830 (we have a 24hour automated service to report your card as lost or stolen) so that we can stop your card and PIN;

14.1.4.2. and, if we ask you must also write to us within seven days to confirm the loss, theft or possible misuse and stop using your Card, Card number or PIN immediately. If you find your Card after you have reported it lost, stolen or misused, you must cut it up and tell us as soon as you can. If your Card or any replacement Card, is lost or stolen, once you have reported it you can request a replacement by contacting us in ways described on the website. We may charge a fee for the replacement Card. This is set out in the Summary Box.

14.2. You may not be liable for any use of the Card, Card number or PIN by another person who does not have your permission to use it or if it is lost, stolen or destroyed, unless:

14.2.1. you agreed to that person having your Card, Card number or PIN, or through gross negligence or carelessness, failed to comply with condition 14.1, in which case you may be liable for any use that occurs before you tell us in accordance with these terms and conditions, or

14.2.2. you acted fraudulently then, to the extent permitted by law, you may be liable for misuse of the Card, Card number or PIN.

14.2.3. You may only be liable to a maximum of £35 resulting from transactions arising from the use of a lost or stolen Card or from the misappropriation of the payment instrument where the Cardholder has failed to keep security features of the Card safe. The £35 liability limit is applicable to each instance of loss, theft or misappropriation and not each transaction.

14.3. If your Card is used without your permission, or is lost, stolen or if you think your Card may be misused, we may disclose to law enforcement agencies, any information which we reasonably believe may be relevant.

14.4. We will not be liable for:

14.4.1. any abnormal or unforeseeable circumstances outside our reasonable control (for example, a failure of computer systems which happens for reasons outside our reasonable control or any industrial action which happens for reasons outside our reasonable control) if this prevents us from providing our usual service;

14.4.2. any person refusing to accept payment or

14.4.3. any cash dispenser failing to issue cash.

14.5. We will not be liable for the way in which you are told about any refusal or delay.

14.6. In case of errors or disputes about transactions, contact us in ways described in our website

15.1. We may change any of these terms and conditions, including changes to fees and charges, or to introduce new terms. If we make any changes, we will give 60 days prior notice for material changes to the terms and conditions, should the change have no material effect to you or is to your benefit changes to these terms and conditions will become effective immediately. We will notify you of changes to these terms and conditions by ways described in our website.

15.2. If we change these terms and conditions, the new terms and conditions will be available at www.arromoney.com from the date we notify you of the change.

15.3. You will be deemed to have accepted any change to these terms and conditions unless you notify us of any objection before the proposed date of the change.

Between receipt of the notice and the proposed date of change, if you notify us that you do not accept the change, this agreement will terminate immediately and subject to condition 13 you can redeem your total balance at that time without charge.

16.1. If you change your mind about having your Account and Card, you can close it within 14 days of the date you receive confirmation of your application being approved by contacting us in ways described in our website. You will not be charged for closing your account and cancelling your card during this period. We will refund any balance remaining in your Account to you and any fees that you have paid to open your Account.

16.2. You can also close your Account and cancel your Card any time after the 14 day period by contacting us via our online form, you will not be charged for closing your Account or cancelling your Card. You should also cut your Card in half through the signature box, magnetic strip and chip.

16.3. You agree that by requesting for your Account to be closed we will commence the closure process. This includes:

16.4. Cancelling payments due to leave your Account.

16.5. Cancelling direct debits on your Account.

16.6. Rejecting incoming payments to your Account.

16.7. Closing your Account does not guarantee that payments that are being processed will not leave your Account. We do not accept responsibility for payments that are made from your Account following a closure request.

16.8. You will not be entitled to a refund of money you have already spent on transactions authorised or pending or any fees for use of your Card or Account before the Account is closed or the Card expires.

17.1. We may terminate this agreement at any time we shall give you 60 days prior notice to termination of the agreement unless it is an exceptional circumstance which includes abuse to staff and material breaches to these terms and conditions.

17.2. Reasons for ending the agreement may include:

17.2.1. if this agreement or your Card expires;

17.2.2. if you break an important part of this agreement, or repeatedly break the agreement and fail to resolve the matter in a timely manner;

17.2.3. if you act in a manner that is threatening or abusive to our staff, or any of our representatives; or

17.2.4. if you fail to pay fees or charges that you have incurred or fail to pay back any negative balance on your Card.

17.2.5. If your Account has not had any transactions on it for a consecutive 6 month period. Please note your monthly management fee(s) and/or dormancy fee(s) are classed as a transaction, if you have funds in your Account to cover your monthly management fee(s) and/or dormancy fee(s) then your Account will remain open until there is a period of 6 consecutive months where a transaction has not taken place. To view information on dormancy fees that may apply to your account please refer to the summary box.

17.3. We may also close your Account and cancel your Card immediately if we:

17.3.1. suspect fraud or misuse of your card or Account;

17.3.2. have any other security concerns, or need to do so to comply with the law.

17.4. We may close your Account if you operate your Account in a manner that could be classed as non-standard use of an Account e.g. solely for gambling purposes.

17.5. You can terminate this agreement by contacting us in ways described in our website, subject to conditions 13 and 16.

17.6. Once the termination of your Account commences all payments mandates out of your Account will be cancelled. Any payments into your Account will be returned to sender. If a payment is in the process of being paid out when the closure process commences there is a possibility that the payment may still go through. It is your responsibility to ensure that you have made alternate arrangements for payments into and from your Account. We do not accept liability for any payments made or missed as a result of your Account termination process commencing.

17.7. If you do not redeem your full balance within 6 years of your Card’s expiry date, this agreement terminates. If this happens, you will not be entitled to reclaim any funds that were held in your Account upon termination.

17.8. If you waive any remaining balance in your Account upon closure, the funds will be transferred into an Account held by us and your Account will be closed.

17.9. If the Account has a zero balance and no transactions have taken place for a period of 6 months, the Account will automatically be closed for fraud prevention reasons.

18.1. By entering into this agreement you agree that we may use your information in accordance with the ‘How we use your information’ section of these terms and conditions, as set out in condition 21.

18.2. We may monitor and/or record telephone calls between you and us or service providers.

18.3. We may record all communications you have with us including social media interactions

18.4. You must provide us with an email and postal address and phone number and let us know of any changes. You must advise us immediately of any changes to the details we hold for you, it is your responsibility to ensure that your details are up-to-date at all times.

18.5. We may transfer our rights or obligations under this agreement or arrange for any other person to carry out its rights or obligations under this agreement. You may not transfer any of your rights or obligations under this agreement.

18.6. We can delay enforcing its rights under this agreement without losing them.

18.7. If we cannot enforce any paragraph, condition or part of a paragraph or condition under this agreement, it will not affect any of the other paragraphs, conditions or the other part of the paragraph or condition in this agreement.

18.8. This agreement is governed by the law of England and Wales. The language of this agreement is English and all notices and information given under this agreement will be in English.

19.1. This condition 19 only applies if the supplier’s bank is located within the European Economic Area (EEA) and the payment services being carried out are transacted in Euro, or another currency of an EEA member state.

19.2. We will ensure that a transaction you make is credited to the supplier’s bank, or that returned funds following redemption or cancellation are credited to your bank within these timescales:

19.3. If you use your Card or provide your Card details to a supplier to make a transaction before you know the amount which is going to be charged to your Card, then you may be entitled to request a refund if the amount is unexpectedly large, provided that you tell us within 8 weeks from the date the transaction is deducted from your balance but you will NOT be entitled to a refund if you have been told by us, or the supplier, of the amount of that transaction at least 4 weeks before the transaction is due to be deducted from your balance, and you consented to the transaction.

19.4. On receipt of such a request under condition 19.3, we may require you to provide us with the information to ascertain whether the conditions in condition 19.3 have been met. Within 10 business days of receiving a request from you under condition 19.3 or on receiving any additional information required under this paragraph, we will provide a refund or justify why we are refusing the request.

19.5. We are liable for the correct execution of the transaction unless we can prove that the transaction was received by the supplier’s bank, in which case the supplier’s bank is liable to the supplier. You may request that we make immediate efforts to trace an incorrectly executed transaction and notify you of the outcome.

19.6. When a supplier initiates a transaction it is the supplier’s bank which is liable for the correct transmission of the relevant details to us. If the supplier’s bank can prove that it is not responsible for a transaction which has failed or has been incorrectly executed, we will be responsible to you.

19.7. If we are responsible for an incorrect amount of a transaction being deducted from your balance, we will correct the error. If we are responsible for a transaction being deducted from your balance which you did not authorise, we will refund the amount of the transaction to your balance and treat the transaction as if it had never occurred. You must inform us of an unauthorised or incorrect transaction as soon as possible and in any event no later than 13 months after the debit date. If you do not do so, we may not be liable.

19.8. We are not liable if you incorrectly identify the supplier under a transaction. In such a case, we will make reasonable efforts to recover the funds involved.

20.1 You can choose to allow a third party payment provider (TPP) to access information on your account or make payments on your behalf from your account, provided the TPP is authorised by the FCA or another European regulator, and you have given your explicit consent. If you are thinking of using a TPP, you should first check whether it is authorised.

20.2 We can refuse or stop access to a TPP if we’re concerned it isn’t authorised or if we believe it is fraudulent or acting fraudulently. If that happens, we’ll contact you to explain why unless we believe that would compromise our security or it would be unlawful. We will try to let you know beforehand, or where this is not possible, as soon as possible afterwards. We will restore the TPP’s access to the account once there is no longer a reason to deny access.

21.1. If you would like to make a complaint, or contact us for any other reason connected to these terms and conditions please contact us in ways described in the website. We have procedures in place to make sure that we handle your complaint fairly and quickly, you can view our complaints procedure at www.arromoney.com.We will try to resolve any complaints you have about your payment instrument or the service we provide to you within 15 business days of receiving your complaint and in exceptional circumstances, within 35 business days (and we will let you know if this is the case).However, if you are not satisfied with the outcome of your complaint, you can write to the Financial Ombudsman, Exchange Tower, London, E14 9SR. Telephone: 0800 023 4 567 from landlines, 0300 123 9 123 from mobile phones or +44 20 7964 0500 for calls from outside the UK and e-mail: [email protected].

22.1. We shall transfer information relating to you to a third party which will search your record at credit reference and fraud prevention agencies. These searches are to check your identity and we do not carry out full credit reference checks or credit scoring for this purpose. We will use an automated decision-making system to assess your application and verify your identity.

22.2. If we are unable to verify your identity adequately, we may ask you to provide some documentary evidence to help confirm your identity and address.

22.3. Credit reference agencies may check the details you supply against any particulars on any database (public or otherwise) to which they have access. An unrecorded enquiry will be made. An unrecorded enquiry is a search that was not made for lending purposes. It cannot affect your credit rating or score when you apply for credit. It is not seen by lenders other than the one that carried out the search. It is included on your credit report so you know the search was made but does not affect your credit rating, or score, when you apply for credit.

22.4. If you give us false or inaccurate information and we identify fraud, we will record this with fraud prevention agencies. Law enforcement agencies may access and use this information.

22.5. The fraud prevention agencies will share records with other organisations. We and other organisations may access and use the information recorded by fraud prevention agencies overseas.

22.6. Please contact us in ways described in the website if you would like details of those credit reference and fraud prevention agencies. You have a legal right to these details.

22.7. You have certain rights to receive a copy of any information we hold about you. Please contact us in ways described in the website. We may charge you for this service.

22.8. Some information held by credit reference and fraud prevention agencies will be disclosed to us and other organisations to, for example:

22.8.1. to prevent fraud and money laundering, by checking applications for credit, credit-related or other facilities, proposals and claims for all types of insurance, job applications and employee records, and to verify your identity.

22.9. The information held by these agencies may also be used for other purposes for which you give your specific permission or, in very limited circumstances, when required by law or where permitted under the terms of the Data Protection Act 1998.

22.10. When you have an agreement with us we may use the following types of information about you:

22.10.1. information you give us or we already hold about you, including any phone number you call us from, which we may record;

22.10.2. information we receive when making a decision about your application or agreement, including information we receive from enquiries and searches made in your name with credit reference and fraud prevention agencies;

22.10.3. information (including details of payments and transactions) we may hold about any managed account or policy which you hold with or through us, and

22.10.4. information we receive from anyone who is allowed to provide us with information about you.

22.11. We will process, use, manage, control, release and record information about you to:

22.11.1. search credit reference and fraud prevention agencies’ records (including information from overseas) to manage your account;

22.11.2. manage your Account and policies, and manage any application, agreement or correspondence you may have with us;

22.11.3. carry out, monitor and analyse our business;

22.11.4. contact you by post, by phone or in another way about other products and services which we consider may interest you – unless you tell us that you prefer not to receive marketing by a certain method;

22.11.5. fight fraud, money-laundering, terrorism and other crimes, and

22.11.6. keep to any laws or regulations in any country

22.12. We may reveal information about you:

22.12.1. to any person working for us or our co-brand partner

22.12.2. to fraud prevention agencies;

22.12.3. to any organisation which backs any of our products which you hold;

22.12.4. to any payment system under which we issue your Card;

22.12.5. if a payment is processed through a worldwide payment system, to certain authorities in order to detect and prevent terrorism (including authorities outside the UK);

22.12.6. to any person to whom we transfer any of our rights or obligations under any agreement we may have with you, and

22.12.7. to a third party debt collection agency to assist in the collection of any negative balance(s) on your Account.

22.12.8. to anyone you authorise us to give information about you to.

22.13. Processing your information, as described above, may involve sending it to other countries outside of the EEA including the United States of America. In such circumstances we are responsible for making sure that your information continues to be protected.

22.14. We will keep information about you for only as long as we need to or is required to meet legal obligations.

Charges and Velocities

Fees - Arro Personal Flexi Account

Fees - Arro Personal Standard Account

Fees - Arro Personal Inclusive Account

Fees - Arro Limited Company Account

Fees - Arro Sole Trader Account

Limits