Common use of Emergency Encashment Service Clause in Contracts

Emergency Encashment Service. The Customer agrees and acknowledges that: • the Bank is authorised to debit the Customer’s account(s) with an equivalent amount of any withdrawal made through the Emergency Cash Service; and • if this causes the Customer’s account(s) to be overdrawn, interest at the Bank’s prevailing unauthorised overdraft rate shall be charged on the overdrawn amount. Contents

Appears in 2 contracts

Samples: Cardholder Agreement, HSBC Bank Malaysia

AutoNDA by SimpleDocs

Emergency Encashment Service. f. The Customer agrees and acknowledges that: • the Bank is authorised to debit the Customer’s account(s) with an equivalent amount of any withdrawal made through the Emergency Cash Service; and • if this causes the Customer’s account(s) to be overdrawn, interest at the Bank’s prevailing unauthorised overdraft rate shall be charged on the overdrawn amount. Contents.

Appears in 2 contracts

Samples: Cardholder Agreement, HSBC Bank Malaysia

Emergency Encashment Service. f. The Customer agrees and acknowledges that: • the Bank is authorised to debit the Customer’s account(s) with an equivalent amount of any withdrawal made through the Emergency Cash Service; and • if this causes the Customer’s account(s) to be overdrawn, interest at the Bank’s prevailing unauthorised overdraft rate shall be charged on the overdrawn amount. Contents

Appears in 1 contract

Samples: HSBC Bank Malaysia

Emergency Encashment Service. The Customer agrees and acknowledges that: • the Bank is authorised to debit the Customer’s account(s) with an equivalent amount of any withdrawal made through the Emergency Cash Service; and • if this causes the Customer’s account(s) to be overdrawn, interest at the Bank’s prevailing unauthorised overdraft rate a minimum fixed service charge which is not compounding shall be charged payable on the overdrawn amount. Contentsdemand.

Appears in 1 contract

Samples: HSBC Amanah Malaysia

AutoNDA by SimpleDocs

Emergency Encashment Service. The Customer agrees and acknowledges that: • the Bank is authorised to debit the Customer’s account(s) with an equivalent amount of any withdrawal made through the Emergency Cash Service; and • if this causes the Customer’s account(s) to be overdrawn, interest at the Bank’s prevailing unauthorised overdraft rate a minimum fixed service charge which is not compounding shall be charged payable on the overdrawn amountdemand. Contents

Appears in 1 contract

Samples: Cardholder Agreement

Emergency Encashment Service. The Customer agrees and acknowledges that: the Bank is authorised to debit the Customer’s account(s) with an equivalent amount of any withdrawal made through the Emergency Cash Service; and if this causes the Customer’s account(s) to be overdrawn, interest at the Bank’s prevailing unauthorised overdraft rate a minimum fixed service charge which is not compounding shall be charged payable on the overdrawn amount. Contentsdemand.

Appears in 1 contract

Samples: cdn.hsbcamanah.com.my

Time is Money Join Law Insider Premium to draft better contracts faster.