Common use of ACTUAL MANAGEMENT FEES Clause in Contracts

ACTUAL MANAGEMENT FEES. 17.1 BSN shall impose Actual Management Fee on the Organisation’s Outstanding Balance as permitted under Bank Negara Malaysia’s Credit Card-i Guidelines (or such other guidelines which are issued from time to time) subject to the types of Credit Card-i and current fees, which can be referred to in our Card-i PDS at BSN’s website. 17.2 The Organisation will not be charged any Actual Management Fees during the “Management Fee Free Period” for (29) calendar days commencing from the date of the current month’s Statement where such retail transactions are posted to the Card-i Account. For those Card-i account who have not fully settled the preceding month’s Outstanding Balance, the Organisation will not enjoy the “Management Fee Free Period” as aforesaid. 17.3 Actual Management Fee is imposed on the Outstanding Balance of retail transaction that is not paid after the Payment Due Date. The Actual Management Fee will be calculated from the day the transactions were posted until full payment is received and credited in the Card-i Account.

ACTUAL MANAGEMENT FEES. 17.1 15.1 BSN shall impose Actual Management Fee on the OrganisationCardholder’s Outstanding Balance as permitted under Bank Negara Malaysia’s Credit Card-i Guidelines (or such other guidelines which are issued from time to time) subject to the types of Credit Card-i and current fees, which can be referred to in our Card-i PDS Product Disclosure Sheet at BSN’s websiteBSN Website. 17.2 15.2 The Organisation Cardholder will not be charged with any Actual Management Fees during the “Management Fee Free Period” for at least twenty (2920) calendar days commencing from the date of the current month’s Statement where such retail transactions Retail Transactions are posted to the Card-i Account. For those Card-i account Cardholders who have not fully settled the preceding month’s Outstanding Balance, the Organisation they will not enjoy the “Management Fee Free Period” as aforesaid. 17.3 15.3 Actual Management Fee is imposed on the Outstanding Retail Transaction Balance of retail transaction that is not paid after the Payment Due Date. The Actual Management Fee will be calculated from the day the transactions were posted until full payment is received and credited in the Card-i Account.