Common use of Card Account Clause in Contracts

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. 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 the 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.