Dear PAYbySNAP member,

Thiri is currently moving to shut down the PAYbySNAP service on the 31st of March, 2005. As a PAYbySNAP account holder you should visit the PAYbySNAP homepage (http://www.paybysnap.com/) and follow the instructions to withdraw any funds that you currently hold in PAYbySNAP accounts that you own.

After the 31st of March, Thiri will still allow PAYbySNAP members to withdraw funds they had held in PAYbySNAP accounts, however this process is likely to be slower and may take up to one month.

Thiri reserves the right to stop the post 31 March service at any time after which any funds left over will be handed over to the Receiver of Public Monies. Thiri strongly suggests that you withdraw any funds prior to the 31st of March.

PAYbySNAP will cease accruing interest on any balances in PAYbySNAP accounts as of the 1st of March, 2005. The interest payment for February 2005 will be the final interest payment to PAYbySNAP members.

If you have any queries regarding PAYbySNAP then please feel free to email us at [email protected].

Kind regards,

The PAYbySNAP team.

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