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Terms & Policies

Cancellation Policy

How card orders, service requests, transfers, and account instructions may be cancelled.

Last updated: 16 September 2026

General principle

A request can be cancelled only if it has not yet been completed, submitted to an external payment rail, submitted to the issuer for irreversible processing, sent for card production or dispatch, or otherwise made final by the applicable system or rules.

Virtual card requests

A virtual card request may be cancelled before issuance if the app still allows cancellation or support confirms that issuance has not been completed. Once the virtual card has been issued, cancellation is handled as card closure, blocking, or replacement rather than cancellation of the original request.

Transfers and withdrawals

Transfer or withdrawal instructions may be impossible to cancel after confirmation. If the transfer has already been submitted, Mon may assist with tracing, recall, return, refund, or dispute workflows where available, but recovery is not guaranteed.

Card and account closure

If the customer has only one Mon payment account and closes only the card, only the card may be closed or blocked and the payment account may remain open unless the customer also requests account closure, the issuer requires closure, the account is no longer eligible, or another legal, security, compliance, or operational reason requires account action.

Account closure

You may cancel an account-closure request before final closure if the account is still active and the request has not been executed. If the account has already been closed or deactivated by issuer instruction, reactivation may require eligibility checks, issuer approval, and additional review.

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Mon products and app features are subject to eligibility, onboarding, identity verification, risk checks, issuer approval, supported country, and product configuration. Opening an account or using Mon does not guarantee access to every feature shown in the app or on the website.

Account balances are electronic money issued by ConnectPay UAB and are not bank deposits. They are not covered by a deposit guarantee scheme. Funds are safeguarded by the issuer in accordance with applicable electronic-money law.

Mon supports balances and currency exchange in the currencies available to your account. Available services, exchange rates and applicable fees are shown in the app.

ConnectPay UAB (company code 304696889) is an electronic money institution authorised and regulated by the Bank of Lithuania under licence No. 24.

Visa cards are provided through the ConnectPay card programme, subject to eligibility and the applicable card terms.

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