Common use of RESTRICTIONS ON USE OF CARD Clause in Contracts

RESTRICTIONS ON USE OF CARD. 14.1. You must ensure that You have sufficient Available Funds on Your Card to pay for each purchase, payment or cash withdrawal using the Card. The amount that is allowable for transactions is shown in Clause 46 as well as Our website. Increased limits and certain functions may require additional identity checks be performed on the cardholder before they can be allowed. 14.2. The Card is not linked to a bank deposit account and is not a cheque guarantee card, charge card or credit card, nor may it be used as evidence of identity. 14.3. You must not use the card for any illegal purposes. 14.4. Subject to the limits You may re-deposit new funds. The applicable fee for depositing new funds is set out in Clause 44. New funds may only be deposited using the methods approved by us. We describe those applicable methods for depositing funds on Your Card on the website. If You have any questions about the methods for depositing funds on Your Card, please contact Our Customer Service Department in accordance with Clause 27. In order to prevent fraud, money laundering, terrorist financing and other financial crimes, We reserve the right to change these limits at any time or refuse the depositing of new funds if there is a concrete suspicion of fraud, money laundering, terrorist financing or other financial crimes. 14.5. The respective spending limits apply to the Card. More detailed information can be found in Clause 46 and on the website. 14.6. Any pre authorisation amount (such as a hotel booking or car hire) will place a “hold” on Your Available Funds until the retailer sends Us the final payment amount of Your purchase. Once the final payment amount is received, the pre authorisation amount on hold will be removed. It may take up to 30 days for the hold to be removed. During the hold period, You will not have access to the pre authorised amount.

Appears in 2 contracts

Samples: General Services Agreement, General Services Agreement

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RESTRICTIONS ON USE OF CARD. 14.113.1. You must ensure that You have sufficient Available Funds on Your Card to pay for each purchase, payment or cash withdrawal using the Card. The amount that is allowable for transactions is shown in Clause 46 41 as well as Our website. Increased limits and certain functions may require additional identity checks be performed on the cardholder before they can be allowed. 14.213.2. The Card is not linked to a bank deposit account and is not a cheque guarantee card, charge card or credit card, nor may it be used as evidence of identity. 14.313.3. You must not use the card for any illegal purposes. 14.413.4. Subject to the limits limits, You may re-deposit new funds. The applicable fee for depositing new funds is set out in Clause 44. New funds may only be deposited using the methods approved by us. We describe those applicable methods for depositing funds on Your Card on the website. If You have any questions about the methods for depositing funds on Your Card, please contact Our Customer Service Department in accordance with Clause 2726. In order to prevent fraud, money laundering, terrorist financing and other financial crimes, We reserve the right to change these limits at any time or refuse the depositing of new funds if there is a concrete suspicion of fraud, money laundering, terrorist financing or other financial crimes. 14.513.5. The respective spending limits apply to the Card. More detailed information can be found in Clause 46 41 and on the website. 14.613.6. Any pre authorisation preauthorisation amount (such as a hotel booking or car hire) will place a “hold” on Your Available Funds until the retailer sends Us the final payment amount of Your purchase. Once the final payment amount is received, the pre authorisation preauthorisation amount on hold will be removed. It may take up to 30 days for the hold to be removed. During the hold period, You will not have access to the pre authorised preauthorised amount.

Appears in 2 contracts

Samples: General Services Agreement, General Services Agreement

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