We may also ask to see a copy of your driver’s license or other identifying documents. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens a Card Account. IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW CARD ACCOUNT. THIS AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT. Please read this Agreement carefully and keep it for future reference. Write down the Card number and the customer service phone number provided in this Agreement on a separate piece of paper in case the Card is lost, stolen, or destroyed. Any references to “days” found in this Agreement are calendar days unless indicated otherwise. Our business days are Monday through Friday, excluding federal holidays, even if we are open. We may refuse to process any transaction that we believe may violate the terms of this Agreement. We may close the Card if we determine that it is being used for business purposes. You agree that the Card will be used primarily for personal, family and household purposes only and not for business use. The Card is nontransferable and it may be canceled, repossessed, or revoked at any time without prior notice subject to applicable law. You will not receive any interest on your funds in the Card Account. The Card is the property of the Issuer and must be surrendered upon demand. You agree to sign the back of the Card immediately upon receipt. The expiration date of the Card is identified on the back of the Card. “We,” “us,” and “our” mean the Issuer, our successors, affiliates, assignees and our third-party service providers. “You” and “your” means the person or persons who have received the Card and are authorized to use the Card as provided for in this Agreement. “Card Account” means the records that are maintained to account for the value of claims associated with the Card. By accepting and using the Card, you agree to be bound by the terms and conditions in this Agreement, as well as the terms of the PayPal User Agreement between you and PayPal. This Agreement is provided to you in electronic format pursuant to the Electronic Communications Delivery Policy ( /webapps/mpp/ua/esign-full) that you accepted and agreed to when you opened your PayPal account. This Agreement supplements, but does not replace, the PayPal User Agreement and other applicable agreements between you and PayPal, Inc. The Issuer is an FDIC-insured member institution. This Cardholder Agreement ("Agreement") outlines the terms and conditions under which the PayPal Debit Card (“Card”) has been issued to you by The Bancorp Bank, N.A., Wilmington, Delaware (“The Bancorp Bank” or “Issuer”). IMPORTANT – PLEASE READ CAREFULLY Terms and Conditions/Definitions for the PayPal Debit Card
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