Common use of CARD BLOCKAGE Clause in Contracts

CARD BLOCKAGE. 11.1. The Bank reserves the right to block the card for objectively justified reasons, related to the security of the payment instrument, a suspicion related to its unauthorized or fraudulent use or, if the Bank granted to the Holder an overdraft facility, a significantly increased risk that the Holder cannot pay.

Appears in 9 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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