CONDUCTING SMART CHEQUE TRANSACTIONS. The Cardholder shall pay the total transaction value of the SMART CHEQUE as per a normal Credit Card transaction. The Bank shall process and authorise a SMART CHEQUE Transaction provided that the amount of the SMART CHEQUE Transaction is written in the available Credit Limit and Card Account is in good standing as per the rules and regulations adopted by the Bank and the Terms and Conditions. The approved SMART CHEQUE Transaction will appear on the next Statement of Account. The bank will use reasonable endeavors to process oral instructions received by the bank before 5.00 p.m. from Monday to Friday on thee next working day. The Bank may send under registered post any SMART CHEQUE to the address provided by the Cardholder for the delivery of such SMART CHEQUE. The bank will not be responsible for any loss, or delay caused due to insufficient or incorrect address given by the Cardholder or for reasons outside the bank’s control.
Appears in 8 contracts
Samples: Credit Cardholder Agreement, Credit Cardholder Agreement, Credit Cardholder Agreement
