Deconversion Fees. In addition to all other amounts owed Certegy, in the event a Credit Union transfers all or a portion of its card base to another processor, to an acquirer of Credit Union's accounts or to Credit Union's internal systems for any reason whatsoever, Credit Union shall pay Certegy a Deconversion Fee equal to $1.00 per account transferred, with a minimum total charge of $5,000.00 and a maximum total charge of $50,000.00, for Certegy's performance of the services required to effectuate the transfer of the accounts from Certegy's processing platform.
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Sources: Card Processing Service Agreement (Fidelity National Information Services, Inc.), Card Processing Services Agreement (Fidelity National Information Services, Inc.)
Deconversion Fees. In addition to all other amounts owed Certegy, in the event a Credit Union transfers all or a portion of its card base to another processor, to an acquirer of Credit Union's ’s accounts or to Credit Union's ’s internal systems for any reason whatsoever, Credit Union shall pay Certegy a Deconversion Fee equal to $1.00 per account transferred, with a minimum total charge of $5,000.00 and a maximum total charge of $50,000.00, for Certegy's ’s performance of the services required to effectuate the transfer of the accounts from Certegy's ’s processing platform.
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