Card Account. The Cardmember shall return the Card to the Bank cut in half immediately upon its expiry or on demand by the Bank upon its cancellation, revocation or suspension by the Bank or upon discovery of the Card after notification of its loss, and shall not make any further attempt to use the Card.
Card Account. 5.1 The Bank shall render to the Cardmember a monthly statement or Cardmember shall apply for E-statement of account showing the amount of his/her purchases of goods and/or services, Cash Withdrawals, fees and charges incurred by the Cardmember including any payment or credit made and recorded by the Bank on the monthly statement of account.
5.2 The records and entries in the Cardmember’s Card Account with the Bank as appearing on the monthly statement of account shall be deemed to be correct and binding on the Cardmember unless written notice to the contrary shall have been given to the Bank within Twenty (20) days from the Closing Date of Billing Period as stated on the statement of account.
5.3 Upon receipt of such written notice duly given by the Cardmember within the stipulated time, the Bank shall look into the Cardmember’s Card Account to make the necessary adjustment and rectification, if any. The operation of this Clause shall not in any way affect the Cardmember’s obligation under Clause 7. Provided that any money due to or from the Cardmember shall be credited or debited into the Cardmember’s Card Account.
Card Account. 5.1 DBS may at its discretion allow any balance on the Card Account to be overdrawn for any reason, in which case DBS may charge an interest or fi xxxxx charge based on the amount of the Overdrawn Balance subsisting at anytime on the Card Account and such interest or finance charge shall be calculated on such basis and at such rate as DBS may at its discretion from time to time set without notice, subject to a minimum monthly finance charge of such sum as DBS may set. DBS may debit any such interest or finance charge to the Card Account monthly or at such other intervals as DBS may at its discretion determine. However, nothing in this Agreement shall impose any obligation on DBS to make or provide any loans, advances or credit facility on the Card Account.
5.2 DBS may at its discretion pay interest on the Credit Balance on the Card Account at such rate and calculated on such basis as DBS may determine and such interest shall be paid by crediting the Card Account monthly or at such other intervals as DBS maydecide.
5.3 The number of the Card Account in relation to which a Card is issued may not correspond to the number of the Card and any transfer of any account maintained with any of DBS’s offices to another of its offices shall not result in the account after it has been so transferred being regarded as a different account from the account maintained with the office before it was so transferred notwithstanding any change in the number of the account.
5.4 In the event that DBS approves any request by the Cardmember (or if acceptable to DBS, the Cardholder) to designate another account maintained with DBS as the “Card Account” for the purpose of this Agreement in lieu of the existing Card Account, then that other account shall be the Card Account for the purpose of this Agreement with effect from such date as DBS may at its discretion determine without notice provided nevertheless that this Agreement shall also continue to apply with respect to the Card Transactions for which amounts have been set aside or earmarked with respect to the existing Card Account.
5.5 Notwithstanding anything to the contrary in any other agreement with the Cardmember (whether alone or with any other person(s), if any) relating to the Card Account:
5.5.1 DBS shall be entitled to retain the balance on the Card Account until after the expiry of ninety (90) days after the date when it is closed or terminated (whether at or in the absence of the Cardmember’s request) and all the Cards...
Card Account. 12.2.1. For the purpose of conducting transactions with a card on the basis of Account Holder’s (Client’s) application, the Banks opens an Account (referred to as “Card Account”) to the Account Holder, prepares the card(s) and related to it servives Account Holder undertakes the liabilities to follow conditions stipulated by present Agreement for using Card Account.
12.2.2. Upon opening the Card Account the currency specified in Holder’s application and/or currencies is activated for the Card Account and is specified the main currency of the Account, this currency is main currency of Card Account. For activation of other currency (s) the Holder has to submit application in compliance with rules set by the Bank. Activation of appropriate currency for Card Account is implemented in accordance with Bank regulations.
12.2.3. The Bank is entitled to link Account of different currencies to one plastic card or to link different plastic cards to one banking Account. Priority of currencies is carried out by Account Holder. Information regarding current balance on card Accounts are displaed in card system in specified priority currency according the currency exchange rate set by National Bank of Georgia for specified day.
12.2.4. While carrying out transaction with Card Account if by payment instrumnets is available to use amounts in different currencies, the card operation is fixed (and is writting off appropriate amount) on Account foremost in currency in which the operation was conducted. If while carrying out of transaction the amount of operation exceeds the existing currency balance(or in this currency there is no balance at all) specified in payment order, the required amount will be completely writing off from the Card Account, though the negative balance will arise in specified currency in the part of unsufficien amount.Said negative balance has to be paid from the first priority currency amount by conversion in accordance with commercial exchange rate set by the Bank. If there is no sufficient balance in priority currency then the negative balance is paid from the currency amount of next priority by means of conversion in accordance with commercial exchange rate set by the Bank.
12.2.5. Transaction at Card Account is considered authorized only upon existance of payer’s consent on transaction performing (if no otherwhise is prescribed by Law of Georgia). Along with it the parties agree that for the purpose of present Agreement the consent of Client/Card Hol...
Card Account. 5.1 The Bank shall render to the Cardmember a monthly statement or Cardmember shall apply for E-statement of account and/or services, Cash Withdrawals, fees and charges incurred by the Cardmember including any payment or credit made and recorded by the Bank on the monthly statement of account.
5.2 The records and entries in the Cardmember’s Card Account with the Bank as appearing on the monthly statement of account shall be deemed to be correct and binding on the Cardmember unless written notice to the contrary shall have been given to the Bank within Twenty (20) days from the Closing Date of Billing Period as stated on the statement of account.
5.3 Upon receipt of such written notice duly given by the Cardmember within the stipulated time, the Bank shall look into the Cardmember’s Card Account to make the necessary adjustment and rectification, if any. The operation of this Clause shall not in any way affect the Cardmember’s obligation under Clause 7. Provided that any money due to or from the Cardmember shall be credited or debited into the Cardmember’s Card Account.
Card Account. 7.1 RHB Islamic Bank shall maintain a Card Account for the Principal Cardholder and each of his Supplementary Cardholder for each Card held and all transactions effected by the use of the Card and all fees shall be debited to the relevant Card Account.
7.2 A Card Statement stating the transactions posted to the Card Account shall be sent to the Cardholder monthly or at such intervals as RHB Islamic Bank may deem fit, on the Statement Date.
7.3 All records and entries in the Card Statement shall be deemed correct and binding on the Cardholder unless the Cardholder notifies RHB Islamic Bank in writing of errors (if any) in the Card Statement not later than fourteen (14) days from the date of the Card Statement provided that nothing in Clause 7.3 herein shall be construed as affecting t he Cardholder in respect of the terms as stated in Clauses 8 and 12 of this Agreement until and unless RHB Islamic Bank makes any necessary adjustments and entries. Notwithstanding anything else to the contrary, RHB Islamic Bank shall have the right at anytime to make any necessary adjustment and entries to correct any errors or omissions in any Card Statement.
7.4 The Cardholder is to advise RHB Islamic Bank promptly in writing of any changes of the Cardholder’s residential address, telephone numbers or change of employment of the Cardholder.
Card Account. (a) RHB Islamic Bank will maintain a Card Account for the Principal Cardholder and each of his/her Supplementary Cardholder for each Card held.
(b) All transactions carried out using the Card and all fees will be debited to the relevant Card Account.
7.2 A Card Statement will be sent to the Cardholder monthly on the Statement Date.
(a) All records and entries in the Card Statement will be deemed correct and binding on the Cardholder, unless:
(i) there is any manifest error; or
(ii) the Cardholder notifies RHB Islamic Bank in writing of errors (if any) in the Card Statement not later than fourteen (14) calendar days from the Statement Date.
(b) Having said that, the Cardholder remains liable to make the required payments indicated in the Card Statement until and unless RHB Islamic Bank makes any necessary adjustments and entries.
(c) RHB Islamic Bank may at anytime make any necessary adjustment and entries to correct any errors or omissions in any Card Statement.
(a) Cardholders are required to examine each Card Statement thoroughly and notify RHB Islamic Bank of any discrepancies or inaccurate entries found within fourteen (14) calendar days from the Statement Date.
(b) If no such notification is received by RHB Islamic Bank, the Card Statement will be deemed conclusive evidence of the Cardholder’s confirmation and acceptance of the transaction(s) in the Card Statement, unless there is any manifest error.
(c) Upon receipt of such notification duly given by the Cardholder within the stipulated time period, RHB Islamic Bank will look into the disputed transaction to make the necessary adjustments and rectifications, if any.
(d) RHB Islamic Bank will take xxxxx actions including making a police report and subsequent legal action (if need be) against any Cardholder for any attempt to make false claims on the disputed transactions.
7.5 The Cardholder is to advise RHB Islamic Bank promptly in writing of any changes of the Cardholder’s residential address, telephone numbers or change of employment of the Cardholder.
Card Account. 3.1 The Card Account and related services are also governed by the terms and conditions of the “OCBC Wing Hang Bank Limited Terms and Conditions for all Accounts and Related Services” together with the amendments and supplements applicable from time to time. The Cardholder may obtain a copy of the aforesaid terms and conditions at our branches and our website. The aforesaid terms and conditions are binding on the Cardholder despite his lack of actual notice or knowledge thereof.
3.2 We maintain a Card Account of the Card Transactions. We debit the values of the followings to the Card Account:
(a) all purchase of goods and/or services;
(b) all balance transfers, cash advances or any other transactions in connection with or effected by using the Card or Card Account or Card Account Number (whether or not the Cardholder or another person uses the Card physically or otherwise); and
(c) all related charges, fees, interests, outstanding balance, costs, expenses and other sums payable under this Agreement. Connected Party Transactions
3.3 Each Facility is granted on the basis that the Borrower warrants that : (a) each such Facility is not, in relation to the Bank, : (i) a facility in breach of the statutory limits under Part 8 of the “Banking (Exposure Limits) Rule” (Cap.155S) and the Supervisory Policy Manual (CR-G-9) “Exposures to Connected Parties” issued by the Hong Kong Monetary Authority, or (ii) a loan, quasi-loan or credit transaction prohibited under Division 2 of Part 11 of the “Companies Ordinance” (Cap.622); (b) the Borrower, or any of its directors, partners, managers or agents, or any of its guarantor is not in any way, for the purposes of any of the said Rule, the said Ordinance and the said Supervisory Policy Manual, related to or connected or associated with any director, chief executive, senior management, key staff, lending oÆcer, controller, minority shareholder controller of the Bank (or its holding company or any of its subsidiaries and aÆliates), or any connected entity of the Bank; and (c) in any event, the Borrower is not a connected party (as defined under the said Rule and the said Supervisory Policy Manual) of the Bank, and is not a connected entity (as defined under the said Ordinance) of the Bank. The Borrower undertakes to notify the Bank immediately if after the granting of any such Facility, any of the foregoing warranties ceases to be accurate or becomes untrue.
Card Account. 7.1 All payments for purchase of goods and/or services and cash advances effected by the use of the Card and all annual fees, handling charges, additional charges, finance charges and/or late payment charges shall be debited to the Card Account in the billing currency, local and overseas, and shall be reflected in the statement.
7.2 The Bank shall render to the Cardmember a monthly statement showing the amount of his purchases of goods and services, Cash Advances and fees and charges incurred by the Cardmember including any payment or credit made and recorded by the Bank on the monthly statement.
7.3 The records and entries in the Cardmember’s Card Account with the Bank as appearing on the monthly statement shall be deemed to be correct and binding on the Cardmember unless written notice to the contrary is given to the Bank by the Cardmember within 7 days from the closing date of Billing Period as stated in the monthly statement.
7.4 Upon receipt of such written notice duly given by the Cardmember within the stipulated time, the Bank shall look into the Cardmember’s Card Account to make the necessary adjustment and rectification, if any. The operation of this Clause shall not in any way affect the Cardmember’s obligation under Clause 9 provided that any money due to or from the Cardmember shall be credited or debited into the Cardmember’s Card Account.
Card Account. 6.1 The Bank may charge and debit the Card Account with the Total Indebtedness, regardless of whether the Card Transaction was made by the Cardmember or by any other person by use of the Card, and whether with or without the knowledge or authority of the Cardmember or the Firm.
6.2 The Bank may allow any balance on the Card Account to be overdrawn for any reason, and the Bank may charge an interest and/or finance charge based on the amount of the overdrawn amount subsisting at any time on the Card Account and such interest and/or finance charge shall be calculated on such basis and at such rate as the Bank may from time to time prescribe, and the Bank may debit the interest and/or finance charge to the Card Account at such intervals and for such periods as the Bank may determine provided always that nothing in these Terms and Conditions shall impose any obligation on the Bank to make or provide any loan, advance or credit facility on the Card Account.
6.3 The Bank may at its discretion pay interest on the Credit Balance on any Card Account at such rate and calculated on such basis as the Bank may determine and such interest shall be paid by crediting the Card Account at such intervals as the Bank may decide.
