Common use of BILLING AND PAYMENTS OF SMART CHEQUE INSTALLMENTS Clause in Contracts

BILLING AND PAYMENTS OF SMART CHEQUE INSTALLMENTS. The Cardholder agrees that the service is provided at the request and risk of the Cardholder’s identity on the telephone (by provision of the personal details required by the bank) which will be sufficient authority of the Bank to identify the caller as the Cardholder. The Cardholder accepts the Bank’s records and settlement of all transactions processed by the use of telephone instructions as conclusive and binding for all purposes. The cardholder agrees that the Bank’s records of the transactions processed through the service shall be final and binding and that the Cardholder shall not dispute the validity of the transactions made using the service. The Cardholder hereby consents to the recording of telephone calls by the Bank and accepts that such recordings may be used by the Bank as evidence in a court of laws of any legal proceedings. The cardholder agrees that the Bank is at the liberty to issue SMART CHEQUE requested by him/her at the risk of the Cardholder. Based on the Bank’s acceptance of the SMART CHEQUE instructions, the SMART CHEQUE shall be billed to the Cardholder starting from the next Statement of Account after the date of purchase as per a normal credit card transaction. The Bank may, from time to time, as it deems fit in its absolute discretion, revise the service charge applicable to SMART CHEQUE. 360° Rewards Points are earned on the SMART CHEQUE Transaction amount.

BILLING AND PAYMENTS OF SMART CHEQUE INSTALLMENTS. The Cardholder agrees that the service is provided at the request and risk of the Cardholder’s identity on the telephone (by provision of the personal details required by the bank) which will be sufficient authority of the Bank to identify the caller as the Cardholder. The Cardholder accepts the Bank’s records and settlement of all transactions processed by the use of telephone instructions as conclusive and binding for all purposes. The cardholder agrees that the Bank’s records of the transactions processed through the service shall be final and binding and that the Cardholder shall not dispute the validity of the transactions made using the service. The Cardholder hereby consents to the recording of telephone calls by the Bank and accepts that such recordings may be used by the Bank as evidence in a court of laws of any legal proceedings. The cardholder agrees that the Bank is at the liberty to issue SMART CHEQUE requested by him/her at the risk of the Cardholder. Based on the Bank’s acceptance of the SMART CHEQUE instructions, the SMART CHEQUE shall be billed to the Cardholder starting from the next Statement of Account after the date of purchase as per a normal credit card transaction. The Bank may, from time to time, as it deems fit in its absolute discretion, revise the service charge applicable to SMART CHEQUE. 360° Rewards Bonus Points are earned on the SMART CHEQUE Transaction amount.