Common use of Card Limits Clause in Contracts

Card Limits. 3.1 We may set card limits (“Card Limits”) with respect to the use of the Card and may vary the Card Limits without prior notification to you. The Card Limits shall apply to all point of sale transactions, card not present transactions, and contactless transactions including usage of the Card for ATM Card Transactions and Cash Out services. 3.2 Where an Account has been linked with Mighty FX, the Card Limits set will apply to Card Transactions in Singapore dollars and foreign currencies. For the purpose of calculating the Card Limit, Card Transactions in a currency other than Singapore dollars will be converted to Singapore dollars at such time and rate as we may determine in accordance with our usual practice. 3.3 Notwithstanding any Card Limit that may be prescribed, we may at our absolute discretion approve any proposed Card Transaction and/or ATM Card Transaction and allow the Card Limit to be exceeded, even in the absence of any request from you, provided always that you must forthwith pay such amount in excess of the Card Limit. 3.4 Where we at our absolute discretion, allow any amount in the Account to be overdrawn for whatsoever reason, you shall immediately pay on demand such amount overdrawn with interests, as may be prescribed by us from time to time at our absolute discretion, on the same amount overdrawn. 3.5 When calculating if any of the Card Limits has been exceeded, we may take into account the amount of any Card Transaction and/or ATM Card Transaction not yet debited to the Account and of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction and/or ATM Card Transaction. 3.6 You must not use the Card in excess of any of the Card Limits imposed on the Card by us from time to time. 3.7 You must notify us promptly in writing of: (a) any intention to reside outside Singapore for more than six months; (b) any change in your address; and (c) any other change in your particulars or any other information as may be requested by us from time to time.

Card Limits. 3.1 We The Bank may set card limits (“Card Limits”) with respect to the use of the Card and may vary the Card Limits without prior notification to younotice. The Card Limits shall will apply to all point of sale transactions, transactions card not present transactions, and contactless transactions including usage of the Card for ATM Card Transactions and Cash Out services. 3.2 Where an Account has been linked with Mighty FX, the Card Limits set will apply to Card Transactions in Singapore dollars and foreign currencies. For the purpose of calculating the Card Limit, Card Transactions in a currency other than Singapore dollars will be converted to Singapore dollars at such time and rate as we the Bank may determine in accordance with our its usual practice. 3.3 Notwithstanding any Card Limit that may be prescribed, we the Bank may at our in its absolute discretion approve any proposed Card Transaction and/or ATM Card Transaction and allow the Card Limit to be exceeded, even in the absence of any request from youthe Cardmember, provided always that you the Cardmember must forthwith pay such amount in excess of the Card Limit. 3.4 Where we at our the Bank in its absolute discretion, allow allows any amount in the Account to be overdrawn for whatsoever reason, you the Cardmember shall immediately pay on demand such amount overdrawn with interests, as may be prescribed by us the Bank from time to time at our in its absolute discretion, on the same amount overdrawn. 3.5 When In calculating if whether any of the Card Limits has been exceeded, we the Bank may take into account the amount of any Card Transaction and/or ATM Card Transaction not yet debited to the Account and of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction and/or ATM Card Transaction. 3.6 You The Cardmember must not use the Card in excess of such that the Cardmember exceeds any of the Card Limits imposed on the Card by us the Bank from time to time. 3.7 You The Cardmember must notify us the Bank promptly in writing of: (a) any intention to reside outside Singapore for more than six months; (b) any change in your addressof address of the Cardmember; and (c) any other change in your the Cardmember’s particulars or any other information as may be requested by us the Bank from time to time.