Set Off and Consolidation. The Bank may with 7 days prior notice, combine and consolidate all or any of the accounts of the Cardmember maintained with the Bank and set-off or transfer credit balance in any such accounts including joint accounts in or towards discharge of all sums due to the Bank from the Cardmember. Where the sums are in different currencies, the Bank may make the necessary conversion at the Bank's prevailing exchange rates. The Bank may with 7 days prior notice transfer the credit balance in any account towards discharge of all or any sums due under any account of the Cardmember with any member of OCBC Group.
Appears in 3 contracts
Samples: Debit Cardmember’s Agreement, Debit Cardmember’s Agreement, Debit Cardmember’s Agreement
Set Off and Consolidation. The Bank may with 7 days prior notice, combine and consolidate all or any of the accounts account(s) of the Cardmember maintained with the Bank and set-off or transfer credit balance in any such accounts account(s) including joint accounts account is in or towards discharge of all sums due to the Bank from the Cardmember. Where the sums are in different currencies, the Bank may make the necessary conversion at the Bank's prevailing exchange rates. The Bank may with 7 days prior notice transfer the credit balance in any account towards discharge of all or any sums due under any account of the Cardmember with any member of OCBC Group.
Appears in 2 contracts
Samples: ’s Agreement, ’s Agreement
