Balance Transfer. If the cardholder requests a balance transfer, he agrees to be fully responsible for the instructions provided to Desjardins for the purposes of said transfer. Desjardins cannot be liable for damages, including monetary losses, resulting from the cardholder’s instructions, the delay or rejection of the balance transfer by the recipient financial institution or any other independent act out of Xxxxxxxxxx’x control.
Balance Transfer. We may, from time to time and in our sole discretion, allow you to transfer all or part of a balance owing from another credit card account to your Account with us.
Balance Transfer. 17.01 The Cardholder may at the time of application or from time to time apply to the Bank for transfer of his debit balances due to other authorised financial institutions in respect of credit card or personal loans of whatever nature acceptable to the Bank to the Card Account. For avoidance of any doubt, only Principal Cardholder is entitled to make an application under this Clause 17.
17.02 The Bank may at its sole discretion approve or reject such application without the need to give any reason.
17.03 The total amount of the balance transfer cannot exceed 90% of the available credit limit of the Card Account arising from the use of the Card. The Bank has the sole discretion to determine the amount to be transferred which may be less than the amount applied by the Cardholder without the need to give any reason.
17.04 The Bank will notify Cardholder as to whether the application is approved. Prior to this confirmation, the Cardholder shall continue to make payments to the balances to be transferred from other financial institutions. The Bank will not in any event be liable for any interest or other charges of other financial institutions so incurred by the Cardholder for the application.
17.05 Upon its approval, the available Credit Limit of the Card Account will be deducted by the total amount of the Balance Transfer and the Bank will open a separate account for the Cardholder, and such separate account will form part of the Card Account. All the debit balance standing in that account shall be regarded as Current Balance due under the Card Account for the purposes of this Agreement, despite that it will separately be shown in this separate account's monthly statement. Subject to Clause 17.09, all Charges and other terms and conditions of this Agreement (insofar as they are relevant and consistent) shall equally apply to such part of the Current Balance therefor.
17.06 A balance transfer Finance Charge at the rate set out in the Confirmation Letter on the outstanding balance of the separate account under Clause 17.05 from the Bank's payment date to the financial institutions to the date when the transferred amount, inclusive of all interest and pertaining fees have been repaid in full will be levied. Such interest shall be calculated and accrued on a daily basis. All other applicable Charges provided in Clause 6 at such rate as stipulated in the Confirmation Letter shall be imposed and debited to the separate account under Clause 17.05.
17.07 The Cardhol...
Balance Transfer. Balance transfers do not earn reward points or cash. The minimum transferable amount is $100.00 per transfer. The total amount of your request(s), including fees and interest charges, cannot exceed your available credit. Each transfer will reduce your available credit just like any other transaction. Until your balance transfer(s) is posted, you may need to continue making payments to your other accounts to keep them current. Balance transfers are not subject to a grace period, and may take up to 3 weeks to process. Balance transfers can be used to pay off non - credit card obligations; however, balance transfers cannot be used to pay off other Issuer obligations. An INTEREST CHARGE will be computed on the amount of each Balance Transfer as of the date of the transaction.
Balance Transfer. The INTEREST CHARGE on Balance Transfers begins from the date the Balance Transfer is posted to your account. There is no grace period. We calculate the INTEREST CHARGES for a billing cycle by applying the monthly Periodic Rate to the Average Daily Balance of your account. To get the Average Daily Balance, we take the beginning balance of your account each day, add any new cash advances, and subtract any payments, credits, non-accruing fees, and unpaid INTEREST CHARGES. This gives us the daily balance. Then we add all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. This gives us the average daily balance. Minimum Interest Charge. We will charge a minimum INTEREST CHARGE for purchases, Cash Advances, and Balance Transfers of $.50 for each billing period in which an INTEREST CHARGE is payable. The INTEREST CHARGE will be added to your purchase balance, Cash Advance balance, or Balance Transfer.
Balance Transfer. If the cardholder requests a balance transfer, he agrees to be fully responsible for the instructions provided to the Federation for the purposes of said transfer. The Federation cannot be liable for damages, including monetary losses, resulting from the cardholder’s instructions, the delay or rejection of the balance transfer by the recipient financial institution or any other independent act out of the Federation’s control.
Balance Transfer. Balances transferred shall be treated as a credit purchase. Balance Transfers may not be used to pay your Account or any other obligation you owe us.
Balance Transfer. Transferring all or part of a balance you owe elsewhere to your Account, including both a Standard Balance Transfer and a Special Balance Transfer Billed Balances. The Account Segment balances on your Account as of the statement date, including any interest charges or fees. Billing Period. The period of time between your Monthly Statements, which is usually about 30 days. Card. A Refresh secured credit card that is issued on your Account to you or an Authorized User. Card Processing Agreement. The agreement you sign with DirectCash Bank, a supplier that Refresh has retained to perform certain processing services for the Card, or such other
Balance Transfer. 1. Bank does not accept balance transfers from any Banque Saudi Fransi credit cards.
2. The applicant must be eligible for credit card pursuant the terms and conditions of credit card applied by Banque Saudi Fransi.
3. The maximum balance transfer amount is 90% of the credit card limit granted to the customer and the minimum balance transfer amounts is SAR 1,000.
4. Bank may have a promotional profit rate to new customers who request a balance transfer as part of their Credit Card application.
5. The Bank will process the balance transfers based on the customer’s request and the Bank will not be responsible before any other bank for any unsettled amounts or any additional fees in connection with processing the customer’s balance transfer request.
6. Bank has the right to accept and process the customer request in case the available limit is less than the requested limit.
7. The Customer shall be responsible to cancel the card and close the account held with other financial institutions.
8. A request will only be processed to the customer card account once the card has been activated by the customer.
9. After the agreement period and provided customer has paid in full, the remaining balance transfer balance will revert to the standard interest rate related to credit cards.
10. If customer goes delinquent, all outstanding balance will resume as normal retail purchase.
11. Balance transfer Request will be processed based on customer request and the details provided, hence if the customer provided incorrect SADAD reference number, the bank shall not be responsible if the balance transfer was made to a wrong card account in a different bank/issuer.
12. Balance transfer amounts are not eligible for Loyalty Program Rewards
Balance Transfer. Refers to settling the EasyCard balance within the VISA Debit EasyCard, and transferring the balance to the cardholder's designated account. However, if the balance of the EasyCard is negative, the cardholder agrees to regard the negative amount as a general purchase and charge it to the cardholder’s designated account. Performing a Balance Transfer procedure requires about 45 working days.
