MYMONTY MC PREPAID CARD (VIRTUAL) - KEY FACTS STATEMENT
(V.1.1 – 6 Aug 2024)
This Key Facts Statement (“KFS”) provides you with information on the key features, limits, fees and charges of the MyMonty Mastercard Virtual Prepaid Card offered by Monty Finance SAL (“Card”). This KFS does not contain all the terms and conditions governing the Card and it should be read along with the Prepaid Cards Terms and Conditions of which it forms an integral part.
The Card is a virtual (non-physical) reloadable Mastercard prepaid card linked to your MyMonty eWallet Account and exists digitally in your MyMonty App. It only allows purchases to be made online. Money must be loaded to the Card before the Card is used. You can top-up the Card from your MyMonty eWallet only. The Card is not a credit or a debit Card, and the Card balance does not earn any interest.
| Card Currency | Fresh Funds USD. |
| Validity | The Card is valid until the expiry date shown on it (which is 1 year from the issuance date). |
| Eligibility | To be eligible for the Card you must have and maintain an eWallet Account with MyMonty. |
| Card Issue, Delivery, Replacement and Cancellation | |||
| Card Issuance Fee | USD 5 | Annual Fee | Free of Charge |
| Replacement Card Fee | USD 5 | Card Cancellation | Free of charge |
| Card Top-up | |||
| Adding money to your Card (from your MyMonty eWallet) | Free of charge | ||
| eWallet Top-up | |||
| Adding money to your MyMonty eWallet (from your Card) | Free of charge | ||
| Online Transactions Online | |||
| Transaction Fee (when you use your Card for the purchase of goods or services) | Free of charge | ||
| Foreign currency conversion fee (if the Card is used for purchases or withdrawals in a currency other than USD) | 4% of the transaction amount | ||
| Cross border fee (if the Card is used for USD purchases with any merchant located outside Lebanon) | 1% of the transaction amount + USD 0.5 | ||
| Online Servicing | |||
| Available balance, transaction history | Free of Charge | ||
| Miscellaneous | |||
| E-Statement of Account | Free of Charge | ||
| Physical Statement of Account | Local delivery: USD 5 / International delivery: USD 2 + Pass-through Cost | ||
| SMS Notifications | Free of Charge | ||
| Chargeback Fee | USD 10 | ||
| Card Top-up and Balance | |||
| Maximum Card Balance at any one time | USD 5,000 | ||
| Online Usage | |||
| Maximum per Transaction | Up to the available balance | Maximum Weekly Usage | Up to the available balance |
| Maximum Daily Usage | Up to the available balance | Maximum Monthly Usage | Up to the available balance |
| Withdrawing money in cash from your Card in Lebanon at Integrated ATMs | You can withdraw money in cash at any Fransabank SAL or BLC Bank SAL’s ATM in Lebanon. |
| Amendment | We may amend this KFS or any part thereof at any time with immediate effect and without prior notice by posting a new KFS on our website www.mymonty.com.lb or App. |
Download the MyMonty app now for a complete mobile banking experience. Available on both iOS and Android.
© 2025 Monty Finance SAL
mymonty.com.lb provides information about financial and electronic wallet products and services provided by Monty Finance SAL through its mobile application mymonty available on App Store and Google Play.
Monty Finance SAL is registered in Lebanon (Beirut Register of Commerce No. 73215), Gefinor Center, Clemenceau St., Hamra, Beirut, Lebanon and is authorized by the Central Bank of Lebanon (“BDL”) to operate as a financial institution (BDL Decision no. 23/6/98 dated 02 February 1998) and e-wallet service provider (BDL Decision no. 30/23/23 dated 21 July 23). Monty Finance SAL is listed on the BDL List of Financial Institutions under no. 23.
Information contained on mymonty.com.lb or mymonty app should not be construed as an offer, solicitation, advertisement, or promotion of financial and electronic wallet products and services in any country where such offer, solicitation, advertisement, or promotion is not permitted under applicable local law.