Common use of Application for Transfer Clause in Contracts

Application for Transfer. (a) You may apply for a transfer (the “Balance Transfer”) of the outstanding balance(s) in Singapore dollars (the “Applied Balance Transfer Amount”), subject to a minimum amount specified by us, under any of your credit card/credit line account(s) (the “Other Card/Credit Line Account(s)”) held with any bank or financial institutions in Singapore, other than with us, to the Balance Transfer Account (as defined below). (b) You may also apply for a Balance Transfer of the Balance Transfer Amount (as defined below) from the Balance Transfer Account to a bank account that you maintain with any bank or financial institutions in Singapore acceptable to us. Such Balance Transfer shall only be permitted from time to time as determined by us. (c) A Balance Transfer can only be made to a receiving account denominated in Singapore dollars. (d) We reserve the right to reject an application for a Balance Transfer in its entirety and/or approve only part of an Applied Balance Transfer Amount (such approved amount shall be referred to as the “Balance Transfer Amount”) at our absolute discretion and without assigning any reason therefor. (e) All Balance Transfer applications shall be irrevocable on and after the date of the relevant approval letter issued by us (the “Approval Letter”).

Application for Transfer. (a) You may apply for a transfer (the “Balance Transfer”) of the outstanding balance(s) in Singapore dollars (the “Applied Balance Transfer Amount”), subject to a minimum amount specified by us, under any of your credit card/card/ credit line account(s) (the “Other Card/Credit Line Account(s)”) held with any bank or financial institutions in Singapore, other than with us, to the Balance Transfer Account (as defined below). (b) You may also apply for a Balance Transfer of the Balance Transfer Amount (as defined below) from the Balance Transfer Account to a bank account that you maintain with any bank or financial institutions in Singapore acceptable to us. Such Balance Transfer shall only be permitted from time to time as determined by us. (c) A Balance Transfer can only be made to a receiving account denominated in Singapore dollars. (d) We reserve the right to reject an application for a Balance Transfer in its entirety and/or approve only part of an Applied Balance Transfer Amount (such approved amount shall be referred to as the “Balance Transfer Amount”) at our absolute discretion and without assigning any reason therefor. (e) All Balance Transfer applications shall be irrevocable on and after the date of the relevant approval letter issued by us (the “Approval Letter”).

Application for Transfer. (a) You may apply for a transfer (the “Balance Transfer”) of the outstanding balance(s) in Singapore dollars (the “Applied Balance Transfer Amount”), subject to a minimum amount specified by us, under any of your credit card/credit line account(s) (the “Other Card/Credit Line Account(s)”) held with any bank or financial institutions institution in Singapore, other than with us, to the Balance Transfer Account (as defined below). (b) You may also apply for a Balance Transfer of the Balance Transfer Amount (as defined below) from the Balance Transfer Account to a bank account that you maintain with any bank or financial institutions in Singapore acceptable to us. Such Balance Transfer shall only be permitted from time to time as determined by us. (c) A Balance Transfer can only be made to a receiving account denominated in Singapore dollars. (d) We reserve the right to reject an application for a Balance Transfer in its entirety and/or approve only part of an Applied Balance Transfer Amount (such approved amount shall be referred to as the “Balance Transfer Amount”) at our absolute discretion and without assigning any reason therefor. (e) All Balance Transfer applications shall be irrevocable on and after the date of the relevant approval letter issued by us (the “Approval Letter”).