Terms and Conditions applicable from 1st July 2012:
Changes to your Yorkshire Bank Terms and Conditions:
Personal and Private Banking Accounts
Cybersave (Off Sale) Accounts
Jumpstart Savers Account and Headstart Savers Account
As part of the work that the banking industry is doing with the Office of Fair Trading we have committed to improving the transparency of our charges for using your Debit Card abroad. We have also agreed with other banks to use common expressions when describing our rates and charges. In future we will be providing more information on our statements and on our website. This will make it easier for you to compare costs between banks and with other forms of payment for travel money.
The amount of our charges is not changing.
How we charge for foreign transactions
If you make a transaction in a currency other than sterling we will convert this using our reference exchange rate. Our reference exchange rate is created by taking the Payment Scheme Exchange Rate supplied to us by MasterCard and adding an Exchange Rate Adjustment. The amount of the Exchange Rate Adjustment will be set out in the Tariff for your account.
For Card Transactions made within the EEA or in an EEA currency you can find out the reference exchange rate by calling us. You will find our telephone number on your statement or on the back of your Card.
Debit Card Transactions will incur either a Foreign Purchase Fee or Foreign Cash Fee, as set out in the Tariff, if you use a Card where the Card Transaction is made with a Supplier (or using an ATM) based overseas.
Your Terms and Conditions
We will change the wording of your Terms and Conditions to reflect the new terminology. The new wording will take effect from January 2013.