Common use of Debit Transactions Clause in Contracts

Debit Transactions. Unless otherwise agreed, debit transactions on the account shall be executed provided that the account shows a sufficient available balance in advance. The Client may: – issue cheques. The Bank shall settle the amount of issued cheques except in the ev ent of ref usal: lack of av ailable f unds, stop-payment, irregular endorsement, closed account, etc. Said pay ment obligation shall be discharged one y ear after expiry of the presentation deadline, – pay f or purchases of goods or serv ices by bank card. The presented transactions shall be debited f rom the account in accordance with the prov isions agreed upon in a special agreement, – withdraw cash f rom cash point machines (ATM), in particular those of the Bank, or on the Bank’s multi-function ATMs by using his/her payment card (and possibly by using a dedicated card when the Bank offers one). Cash withdrawals made by bank card shall be debited immediately from the client account, – settle drawdown notices, transfers by xxxxxx’s order: the Client may request that his/her account be debited to another account in favour of the Client or a third party. Account statements shall be provided to the Client by means of his/her chosen method of receipt, either in paper f ormat sent by post, or v ia his/her secure personal area in “My Online Banking” in accordance with the conditions hereinafter titled “e-statements” and prov ided that a transaction has been recorded since the last statement. Said account statements are provided to the Client on a monthly basis, free of charge. For account statements sent in paper format, the Client and the Bank may agree on more f requent intervals, subject to the payment of fees set out in the charges leaflet in f orce. The entries shown on the account statement include two dates: – The book entry date or the transaction date used to determine the account balance as well as the outcome of payment facilities issued on it, – the v alue date, taking into account the time frames necessary for completing the transaction (for example, when the Client deposits a cheque for collection, the v alue date takes into account the time it takes for the Bank to cash this cheque). The v alue date is the date used to calculate any interest for the period. If the Client does not make any complaints within 3 months of receiving said statement, the transactions shall be considered to be approved unless proven otherwise. This time limit shall not apply if the complaint concerns a Bank error. In the case of a payment transaction debited from the Client’s account, said period is increased to 13 months starting from the debit date as indicated on the statement in accordance with the section “Liability ” hereinafter.

Debit Transactions. Unless otherwise agreedAgreed, debit transactions on the account shall be executed provided that the account shows a sufficient available balance in advance. The Client may: – issue cheques. The Bank shall settle settles the amount of cheques issued cheques except in the ev ent event of ref usalrefusal: lack of av ailable f undsavailable funds, stop-paymentopposition, irregular endorsement, closed accountaccount closed, etc. Said pay ment payment obligation shall be is discharged one y ear year after expiry of the presentation deadline, – pay f or by bank card for purchases of goods or serv ices by bank cardservices. The transactions presented transactions shall be are debited f rom from the account in accordance with the prov isions agreed upon in provisions following a special agreementspecific contract, – withdraw cash f rom from cash point machines (ATM), in particular those of the Bank, or on the Bank’s multi-function ATMs by using his/her payment card (and possibly by using a dedicated card when the Bank offers one). Cash withdrawals made by bank card shall be are debited immediately from the client Client’s account, – settle drawdown draw-down notices, transfers by xxxxxxbanker’s order: the Client may request that his/her account be debited to another account in favour on behalf him/herself or of the Client or a third party. Account statements shall be provided are made known to the Client by means of his/her chosen in line with the method of receiptreceipt chosen by him/her, either in paper f ormat format sent by post, or v ia through the intermediary of his/her secure personal area in “My Online Bankingonline banking” in accordance with the conditions hereinafter titled “e-statements” ”, and prov ided provided that a transaction has been recorded since the last statement. Said account statements are provided made known to the Client on a monthly basis, free of charge. For account statements sent in paper format, the Client and the Bank may agree on more f requent frequent intervals, subject to the payment of fees set out in the charges leaflet in f orceforce. The entries shown on the account statement include comprise two dates: – The book date of entry date on the account or the transaction date used to determine the account balance balance, as well as the outcome of payment facilities issued on it, – the v alue value date, taking into account the time frames necessary for completing the transaction (for example, when the Client deposits a cheque for collection, the v alue value date takes into account the time it takes for the Bank to cash this cheque). The v alue value date is the date used to calculate any interest for the period. If The absence of complaint by the Client does not make any complaints within a period of 3 months of from receiving said statement, the transactions statement shall be considered deemed to be approved approval of those transactions, unless proven otherwise. This time limit shall does not apply if when the complaint concerns a Bank errorsubject of the claim results from an error on the part of the Bank. In the case of a payment transaction debited from the Client’s account, said period is increased raised to 13 months starting from the date of debit date as indicated on the statement in accordance with the section “Liability Liability” hereinafter. These enable the Client to inform third parties of his/her bank references, such as bank account details, BIC, IBAN; they are issued free of charge.

Debit Transactions. Unless otherwise agreed, debit transactions on the account shall be executed provided that the account shows a sufficient available balance in advance. The Client may: – issue cheques. The Bank shall settle the amount of issued cheques except in the ev ent event of ref usalrefusal: lack of av ailable f undsavailable funds, stop-payment, irregular endorsement, closed account, etc. Said pay ment payment obligation shall be discharged one y ear year after expiry of the presentation deadline, – pay f or for purchases of goods or serv ices services by bank card. The presented transactions shall be debited f rom from the account in accordance with the prov isions provisions agreed upon in a special agreement, – withdraw cash f rom from cash point machines (ATM), in particular those of the Bank, or on the Bank’s multi-function ATMs by using his/her payment card (and possibly by using a dedicated card when the Bank offers one). Cash withdrawals made by bank card shall be debited immediately from the client account, – settle drawdown notices, transfers by xxxxxx’s order: the Client may request that his/her account be debited to another account in favour of the Client or a third party. Account statements shall be provided to the Client by means of his/her chosen method of receipt, either in paper f ormat format sent by post, or v ia via his/her secure personal area in “My Online Banking” in accordance with the conditions hereinafter titled “e-statements” and prov ided provided that a transaction has been recorded since the last statement. Said account statements are provided to the Client on a monthly basis, free of charge. For account statements sent in paper format, the Client and the Bank may agree on more f requent frequent intervals, subject to the payment of fees set out in the charges leaflet in f orceforce. The entries shown on the account statement include two dates: – The book entry date or the transaction date used to determine the account balance as well as the outcome of payment facilities issued on it, – the v alue value date, taking into account the time frames necessary for completing the transaction (for example, when the Client deposits a cheque for collection, the v alue value date takes into account the time it takes for the Bank to cash this cheque). The v alue value date is the date used to calculate any interest for the period. If the Client does not make any complaints within 3 months of receiving said statement, the transactions shall be considered to be approved unless proven otherwise. This time limit shall not apply if the complaint concerns a Bank error. In the case of a payment transaction debited from the Client’s account, said period is increased to 13 months starting from the debit date as indicated on the statement in accordance with the section “Liability Liability” hereinafter. These enable the Client to inform third parties of his/her bank account references, such as BIC and IBAN; they are issued free of charge.