Statements, Payments and Interest. Section 3.1. The Bank shall prepare monthly, as of the Monthly Billing Date, a Card Account statement (the “Card Account Statement”) for each Card Account in which there is an outstanding balance as of the Monthly Billing Date or in which a Charge has been posted during the period commencing the day after the immediately preceding Monthly Billing Date and ending on the current Monthly Billing Date (the “Billing Period”). The Bank may upon request by the Member send to each Cardholder the Card Account Statement for such Cardholder’s Card Account. The Card Account Statement will include the Transactions and the outstanding balance.
Appears in 5 contracts
Samples: Member Account Agreement, Member Account Agreement, Bmo Member Agreement
