Liability for Overdrafts. GENERAL. I am responsible for keeping track of the funds in my account that are available for me to use before I write a check, make a cash withdrawal at an ATM, or use my debit card for a transaction. Among other things, I should keep a running balance that reflects all of my transactions. I understand that it is imperative that I keep track of the transactions I may have authorized (such as outstanding checks or automatic bill payments I have authorized), as my available balance (discussed in more detail below) will not reflect these transactions until they are paid from my account.
Liability for Overdrafts. You must have sufficient value available on the Card to complete each transaction. You may not make purchases that in aggregate exceed JA$100,000 per calendar day. If, for any reason, a transaction is processed for more than the value on the Card, you are liable for that entire amount and agree to pay any overdraft plus applicable associated fees immediately on demand. We reserve the right to automatically debit such overdrafts from any available funds present (now or in the future) on the Card or any other Card(s) you have on file at NCB. REFUNDS Any refund for goods or services purchased with the Card may only be made in the form of a credit to the Card. You are not entitled to receive the refund in cash. DISPUTED TRANSACTIONS The Bank is not responsible for the delivery, quality, safety, legality or any other aspect of goods and services purchased by you with the Card. All such disputes should be addressed to the merchant from whom the relevant goods and services were purchased.
Liability for Overdrafts
