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.
Appears in 2 contracts
Samples: Universal Terms & Conditions, Universal Terms & Conditions
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: Universal Terms & Conditions, Universal Terms & Conditions
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. Specific Terms & Conditions (October 2020) for Retail Banking and Wealth Management These Specific Terms & Conditions should be read together with the Generic Terms & Conditions.
Appears in 1 contract
Samples: Universal Terms & Conditions
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.demand. Contents
Appears in 1 contract
Samples: Universal Terms & Conditions
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.
Appears in 1 contract
Samples: Universal Terms & Conditions