Minimum Amount Due. The statement will show the minimum payment due. The amount will be determined by the bank from time to time. This will be calculated as a percentage of the outstanding balance on the statement or a flat charge rate (which ever is higher). The minimum payment due is due and payable by the Cardholder to the bank on or before the payment due date. Payments takes place only when the bank services it and credits the same to the Cardholders account, and not when the Cardholder dispatches it. The Cardholder will be required to pay the bank immediately if the Card account is over due or the credit limit is exceeded, and the same will be notified on the statement. The payment by the Cardholder to the bank may be more than the minimum payment due, or may be made before the payment due date, or more than once during the billing period. Such payments to the bank must be made in Sri Lankan Rupees in the manner indicated on the statement.
Minimum Amount Due. You agree to pay us at least the Minimum Amount Due by the due date specified in your statement. The Minimum Amount Due is calculated as set out in the FPO Financial Table. You can always pay us (i) more than the Minimum Amount Due, (ii) before the due date, (iii) more often than once a month, or (iv) the outstanding balance at any time. Please note that credits for example as a result of goods that are returned to a merchant or a service fee credit, do not constitute a payment and do not satisfy the requirement to pay the Minimum Amount Due.
Minimum Amount Due. Notwithstanding anything contained in this Agreement, the Borrower shall be liable to deposit in the Account, the Minimum Amount Due, which shall be computed and shall be payable as follows:
Minimum Amount Due. The statement will show the minimum payment due. The amount will be determined by the bank from time to time.This will be calculated as follows:
Minimum Amount Due. You agree to pay us at least the Minimum Amount Due by the due date specified in your statement. The Minimum Amount Due is calculated as set out in the FPO Financial Table. Payments will be treated as clearing overdue amounts before they are treated as payment of your Minimum Amount Due. Credits, for example as a result of returned goods or a fee credit, are not considered a payment for the purpose of paying the Minimum Amount Due. If you have enrolled your Linked Charge Card Account in Direct Debit, your Minimum Amount Due will be automatically deducted (not the full closing balance). If you would like to pay more than the Minimum Amount Due, you may do so via online Account or by calling the number at the back of your Card.
