Maestro Global Rules (PDF) - MasterCard

Participation
1.2 Eligibility to be a Customer
America or by similar agencies or instrumentalities of the government of
any State thereof where such financial institution is chartered, and which
financial institution has funded an account against its unwillingness
or inability to meet its obligations to Maestro USA, in an amount and
form determined, from time to time, by Maestro USA to be adequate.
Financial institutions qualifying to be a Customer under clause (b) of
this Rule 1.2.1 (1.a) will be permitted to participate only as Affiliates.
b. Holding Companies. Any holding company registered under the Bank
Holding Company Act or the Savings and Loan Holding Company
Amendments of 1967, each as amended from time to time (a “Holding
Company”), two-thirds or more of the assets of which consists of the
voting stock of one or more United States Financial Institution(s); and
c. EFT Interchange Networks. Any corporation, Corporation, association,
or other entity which does not itself issue debit cards and which
is directly or indirectly Controlled by one or more United States
Financial Institutions or Holding Companies and which is engaged in
operating a regional network, a primary function of which is to facilitate
on-line automatic teller machine and/or point-of-sale debit electronic
funds transfers among its participants, and which interchanges debit
transactions in a region of the United States and uses a common regional
service mark in connection therewith (“an EFT Interchange Network”).
d. National Credit Union Association. Any national Corporation or
association, that does not itself issue debit cards, that is directly or
indirectly owned and Controlled by credit unions, and that engages in
the processing of electronic funds transfers, a primary function of which
is to promote the Program to its members and to facilitate education
and communication regarding the marketing activities, operations,
Participation Rules, and Operating Rules of Maestro.
e. Other Entities. Any entity that MasterCard (or a wholly owned subsidiary
thereof) determines to be eligible to become a Customer.
2. Canada Region. In the Canada Region, as defined in the Rules, the
following entities are eligible to be Customers:
a. Any financial depository institution conducting business in Canada that
is eligible pursuant to Canadian law to participate in the Canadian
clearing and settlement system.
b. Any corporation, Corporation, association, or other entity which does
not itself issue debit, credit, or charge cards and which is directly or
indirectly Controlled by one or more Canadian financial institutions and
which is engaged, or proposes to engage, in operating a data processing
network, a primary function of which is to facilitate electronic funds
transfers among its members.
c. Any corporation, Corporation, association or other entity which:
i. is not Controlled by one or more financial institutions;
ii. operates the equivalent of an EFT interchange system within a
geographical subset of Canada, under a retail brand name;
©1993–2012 MasterCard. Proprietary. All rights reserved.
1-2 9 November 2012 • Maestro Global Rules