Common use of OVERSEAS TRANSACTIONS Clause in Contracts

OVERSEAS TRANSACTIONS. 13.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets. 13.2 The Cardmember may use the Credit Card for cash withdrawal through designated ATMs installed in such approved countries as shall be announced by Maybank and/or any Merchant Affiliate of Visa International from time to time. 13.3 Where the Cardmember uses the Credit Card outside Malaysia, the transactions shall be charged in the official currency of the country concerned and converted into Ringgit Malaysia at such exchange rate and at such time as may be determined by Visa International at its absolute discretion on the date it is processed by Visa International, depending on the card used. In addition, the Cardmember also has to pay the administrative costs at a rate of 1% or at other rates will be determined by Maybank for conversion transactions made in foreign currencies. 13.4 Wherever applicable, the Cardmember shall authorise Maybank to take such steps to comply with the relevant Exchange Control Regulation issued by Bank Negara Malaysia in respect of any overseas transactions.

Appears in 7 contracts

Samples: Maybankard Platinum Agreement, Credit Card Agreement, Maybankard Platinum Agreement

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OVERSEAS TRANSACTIONS. 13.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets. 13.2 The Cardmember may use the Credit Card for cash withdrawal through designated ATMs installed in such approved countries as shall be announced by Maybank the Bank and/or any Merchant Affiliate of Visa International from time to time. 13.3 Where the Cardmember uses the Credit Card outside Malaysia, the transactions shall be charged in the official currency of the country concerned and converted into Ringgit Malaysia at such exchange rate and at such time as may be determined by Visa International at its absolute discretion on the date it is processed by Visa International, depending on the card used. In addition, the Cardmember also has to pay the administrative costs at a rate of 1% or at other rates will be determined by Maybank the Bank for conversion transactions made in foreign currencies. 13.4 Wherever applicable, the Cardmember shall authorise Maybank the Bank to take such steps to comply with the relevant Exchange Control Regulation issued by Bank Negara Malaysia in respect of any overseas transactions.

Appears in 2 contracts

Samples: Card Agreement, Card Agreement

OVERSEAS TRANSACTIONS. 13.1 12.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets. 13.2 12.2 The Cardmember may use the Credit Card for cash withdrawal advance through designated ATMs installed in such approved countries as shall be announced by Maybank and/or any Merchant Affiliate of Visa MasterCard International from time to time. 13.3 12.3 Where the Cardmember uses the Credit Card outside Malaysia, the transactions shall be charged in the official of ficial currency of the country concerned and converted into Ringgit Malaysia at such exchange rate and at such time as may be determined by Visa International at its absolute discretion on the date it is processed by Visa International, depending on the card used. In addition, the Cardmember also has to pay the administrative costs at a rate of 1% or at other rates will be determined by Maybank for conversion transactions made in foreign currencies. 13.4 12.4 Wherever applicable, the Cardmember shall authorise Maybank to take such steps to comply with the relevant Exchange Control Regulation issued by Bank Negara Malaysia in respect of any overseas transactions.

Appears in 1 contract

Samples: Credit Card Agreement

OVERSEAS TRANSACTIONS. 13.1 12.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets. 13.2 12.2 The Cardmember may use the Credit Card for cash withdrawal advance through designated ATMs installed in such approved countries as shall be announced by Maybank and/or any Merchant Affiliate of Visa MasterCard International from time to time. 13.3 12.3 Where the Cardmember uses the Credit Card outside Malaysia, the transactions shall be charged in the official of ficial currency of the country concerned and converted into Ringgit Malaysia at such exchange rate and at such time as may be determined by Visa MasterCard International at its absolute discretion on the date it is processed by Visa MasterCard International, depending on the card used. In addition, the Cardmember also has to pay the administrative costs at a rate of 1% or at other rates will be determined by Maybank for conversion transactions made in foreign currencies. 13.4 12.4 Wherever applicable, the Cardmember shall authorise Maybank to take such steps to comply with the relevant Exchange Control Regulation issued by Bank Negara Malaysia in respect of any overseas transactions.

Appears in 1 contract

Samples: Maybank World Mastercard Agreement

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OVERSEAS TRANSACTIONS. 13.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets. 13.2 The Cardmember may use the Credit Card for cash withdrawal through designated ATMs installed in such approved countries as shall be announced by Maybank and/or any Merchant Affiliate of Visa MasterCard International from time to time. 13.3 Where the Cardmember uses the Credit Card outside Malaysia, the transactions shall be charged in the official currency of the country concerned and converted into Ringgit Malaysia at such exchange rate and at such time as may be determined by Visa MasterCard International at its absolute discretion on the date it is processed by Visa MasterCard International, depending on the card used. In addition, the Cardmember also has to pay the administrative costs at a rate of 1% or at other rates will be determined by Maybank for conversion transactions made in foreign currencies. 13.4 Wherever applicable, the Cardmember shall authorise Maybank to take such steps to comply with the relevant Exchange Control Regulation issued by Bank Negara Malaysia in respect of any overseas transactions.

Appears in 1 contract

Samples: Credit Card Agreement

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