en:redemption
Differences
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en:redemption [2022/06/28 22:02] david |
en:redemption [2024/10/11 20:51] (current) david Minimum validity for Switzerland added |
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| As issuer of a voucher you are obligated to redeem it within its period of validity.\\ | As issuer of a voucher you are obligated to redeem it within its period of validity.\\ | ||
| - | If the voucher is valid for more than 3 years, the issuer can use the voucher again for payment. If the validity period is shorter | + | If the voucher is valid for more than the legal minimum validity for vouchers, the issuer can use the voucher again for payment. If the validity period is shorter, the issuer destroys the voucher after redemption. Due to this rule, participants of the network practically rarely receive vouchers that are about to expire.\\ |
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| + | **Issued in Germany:** | ||
| ^ Validity of voucher ^ Action by the issuer ^ | ^ Validity of voucher ^ Action by the issuer ^ | ||
| | more than 3 years | must accept the voucher, can reuse it for payment | | | more than 3 years | must accept the voucher, can reuse it for payment | | ||
| | less than 3 years | must accept and destroy the voucher | | | less than 3 years | must accept and destroy the voucher | | ||
| + | **Issued in Switzerland: | ||
| + | ^ Validity of voucher ^ Action by the issuer ^ | ||
| + | | more than 5 years | must accept the voucher, can reuse it for payment | | ||
| + | | less than 5 years | must accept and destroy the voucher | | ||
| See also [[en: | See also [[en: | ||
en/redemption.txt · Last modified: 2024/10/11 20:51 by david
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