SUSPENSION, CANCELLATION OR TERMINATION. 11.1 RHB Bank may at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember or any Supplementary Cardmember (if any) under the Card Account by giving notice of thirty (30) calendar days, thereto, notwithstanding that the Principal Cardmember or such Supplementary Cardmember may not be in breach of this Agreement or any terms and conditions governing the use of the Card or otherwise. 11.2 In addition and without prejudice to the rights of RHB Bank under Clause 11.1, RHB Bank may at any time, with notice cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember and/or any Supplementary Cardmember (if any) under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following: a) If the Cardmember defaults in the payment of any monies to be paid in the manner as provided in this Agreement. b) If the Cardmember exceeds his Card Limit and/or combined Card Limit (as the case may be); c) In the event of any breach committed by the Card Member or shall commit any breach with regards to the terms or conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter. d) If the Cardmember dies or becomes insane; e) If the Cardmember commits an acts of bankruptcy or allows a petition for bankruptcy or judgement/order against him to remain against him for more than thirty (30) days; f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember with RHB Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened; g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or the Cardmember and such process is not satisfied or withdrawn within seven (7) days thereof; h) After credit check, RHB Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current; i) Any particulars, information or details furnished by the Cardmember to RHB Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading; j) Any event or events occur or a situation exist which could or might, in the opinion of RHB Bank prejudice the ability of the Cardmember to perform his obligations under this Agreement; or k) If the Cardmember uses the Card for any unlawful activities including but not limited to illegal online betting. 11.3 The Principal Cardmember may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember and the Supplementary Cardmember as set out in this Agreement for all monies owing to RHB Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement. 11.4 Upon cancellation, recall, or suspension of the Card, all monies owing the RHB Bank by the Principal Cardmember and any Supplementary Cardmember, shall become due and payable immediately and the Cardmember shall immediately upon demand by RHB Bank, settle in full to RHB Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively in respect of the Card, any Supplementary Card and under the Card Account (as applicable). 11.5 The Principal Cardmember and/or Supplementary Cardmember hereby agrees that in the event the Principal Card and/or Supplementary card is recalled, cancelled, suspended or revoked, RHB Bank may place the Principal Card and/or Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank. 11.6 The Cardmember shall indemnify and keep RHB Bank fully indemnified for any loss, damage, costs, expenses, fees, charges (including without limitation to RHB Bank’s legal fees on a solicitor and client basis) which RHB Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember and/or the Supplementary Cardmember, including without limitation to RHB Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers. 11.7 RHB Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or the Supplementary Cardmember (if any) in respect of any non-renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card on the Cancellation Bulletin referred to in Clause 11.5.
Appears in 3 contracts
Samples: Credit Card Services Agreement, Credit Card Services Agreement, Credit Card Services Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 12.1 RHB Islamic Bank may shall at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember Cardholder or any Supplementary Cardmember (if any) Cardholder under the Card Account by giving with notice of thirty (30) calendar daysand without the need to assign any reason whatsoever, thereto, notwithstanding that the Principal Cardmember Cardholder or such Supplementary Cardmember Cardholder may not be in breach of this Agreement or any terms other Terms and conditions Conditions governing the use of the Card or otherwise. RHB Islamic Bank shall provide at least thirty (30) calendar days notice in any manner as it considers appropriate to the Cardholder prior to the termination of the Card Account.
11.2 12.2 In addition and without prejudice to the rights of RHB Islamic Bank under Clause 11.112.1, RHB Islamic Bank may at any time, with notice to cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember Cardholder and/or any Supplementary Cardmember Cardholder (if any) under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following:
a) If the Cardmember Cardholder defaults in the payment of any monies to be paid in the manner as provided in this Agreement.;
b) If the Cardmember Cardholder exceeds his Card Limit and/or combined Card Limit (as the case may be);
c) In If the event Cardholder breaches or threatens to breach any of any breach committed by the Card Member or shall commit any breach with regards to the terms or conditions Terms and Conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.;
d) If the Cardmember Cardholder dies or becomes insane;
e) If the Cardmember Cardholder commits an acts act of bankruptcy or allows a petition for bankruptcy or judgement/order against him to remain against him for more than thirty (30) days;
f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember Cardholder with RHB Islamic Bank or any other bank, fi nancial facilities granted by RHB Islamic Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Islamic Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened;
g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or of the Cardmember Cardholder and such process is not satisfied or withdrawn within seven (7) days thereof;
h) ; After credit check, RHB Islamic Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
ih) Any particulars, information or details furnished by the Cardmember Cardholder to RHB Islamic Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
ji) Any event or events occur or a situation exist exists which could be or might, in the opinion of RHB Bank Islamic Bank, prejudice the ability of the Cardmember Cardholder to perform his obligations under this Agreement; or
kj) If the Cardmember Cardholder uses the Card for any unlawful activities or non-halal activities including but not limited to illegal online bettingbetting or purchase of non -halal goods at non-halal businesses and premises.
11.3 12.3 The Principal Cardmember Cardholder may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember Cardholder and the Supplementary Cardmember Cardholder (if any) as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember Cardholder and the Supplementary Cardmember Cardholder as set out in this Agreement for all monies owing to RHB Islamic Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 12.4 Upon cancellation, recall, or suspension of the Card, all monies owing the to RHB Islamic Bank by the Principal Cardmember Cardholder and any Supplementary CardmemberCardholder, shall become due and payable immediately and the Cardmember Cardholder shall immediately upon demand by RHB Islamic Bank, settle in full to RHB Islamic Bank all monies and outstanding under this thi s Agreement by the Principal Cardmember Cardholder and the Supplementary Cardmember Cardholder respectively in respect of the Principal Card, any Supplementary Card and under the Card Account (as applicable).
11.5 12.5 The Principal Cardmember Cardholder and/or the Supplementary Cardmember Cardholder hereby agrees that in the event that the Principal Card and/or the Supplementary card Card is recalled, cancelled, suspended or revoked, RHB Islamic Bank may place the Principal Card and/or the Supplementary Card number on the cancellation bulletin (the “Cancellation Bulletin Bulletin”) and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank.
11.6 12.6 The Cardmember Cardholder shall indemnify and keep RHB Islamic Bank fully indemnified for any loss, damage, costscost, expenses, fees, charges changes (including without limitation to RHB Islamic Bank’s legal fees on a solicitor and client basis) basis which RHB Islamic Bank may suffer or incur in enforcing or attempting to enforce any or all of its it’s rights herein contained in this Agreement against the Principal Cardmember Cardholder and/or the Supplementary CardmemberCardholder, including without limitation to RHB Islamic Bank’s right to payment under this Clause 11 12 save and except that any Supplementary Cardmember Cardholder shall not be jointly or severally liable for the debts of the Principal Cardmember Cardholder or other Supplementary CardmembersCardholder.
11.7 12.7 RHB Islamic Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember Cardholder or the Supplementary Cardmember (if any) Cardholder in respect of any non-renewalnon -renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of by the Principal Card Cardholder and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities Cardholder or a Cardmember or non-non- availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card number on the Cancellation Bulletin referred to in Clause 11.512.5 herein.
Appears in 3 contracts
Samples: Credit Card Agreement, Credit Card I Services Agreement, Credit Card Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 (a) Except for any cancellation and suspension pursuant to Clause 4.13, 4.14, 11.3 or 12.2, RHB Islamic Bank may at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by any Cardholder by giving prior notice of at least twenty-one (21) calendar days and stating in the Principal Cardmember notice the reason(s) for such cancellation or any Supplementary Cardmember suspension.
(if anyb) under In the event of such cancellation or suspension, Clauses 12.4 and 12.5 apply.
(c) If the Cardholder is not agreeable to such suspension, the Card Account by giving notice of thirty (30) calendar daysmay be cancelled in accordance with Clause 3.6. Activation, thereto, notwithstanding that the Principal Cardmember retention or such Supplementary Cardmember may not be in breach of this Agreement or any terms and conditions governing the use of the Card or otherwiseafter the effective date of such suspension will constitute the Cardholder’s acceptance of such suspension.
11.2 (d) The Cardholder agrees that RHB Islamic Bank will not be liable for any losses, expenses or claims suffered by or brought against the Cardholder as a result of RHB Islamic Bank exercising its rights under this Clause 12.1 due to the Cardholder’s act, omission, default, negligence and/or misconduct.
(e) The Cardholder may contact RHB Customer Contact Centre or visit any branch of RHB Islamic Bank if he/she would like to have further information on such cancellation or suspension.
(f) In the event of any default by the Cardholder, the Bank may take any legal actions or proceedings against the Cardholder.
12.2 In addition and without prejudice to the rights of RHB Islamic Bank under Clause 11.112.1, RHB Islamic Bank may at any time, with notice cancel or revoke the Card or :
(a) suspend or restrict the use of the Card by the Principal Cardmember and/or any Supplementary Cardmember (if any) under the Card Account Cardholder (whether such the Card Account is current or otherwise) upon the occurrence of any of the following:
a(i) If if the Cardmember Cardholder defaults in the payment of any monies to be paid in the manner as provided in this Agreement.; or
b(ii) If if the Cardmember Cardholder exceeds his his/her Card Limit and/or combined Card Limit (as the case may be);
c(b) In by giving notice, cancel the Card or suspend the use of the Card by any Cardholder (whether the Card Account is current or otherwise) upon the occurrence of any of the following:
(i) in the event of any material breach committed by the Card Member or shall commit any breach with regards to the terms or conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until committed by the Card is received and cancelled by RHB Bank Card Center. The Card Member and Cardholder;
(ii) if the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.
d) If the Cardmember Cardholder dies or becomes insane;
e(iii) If if the Cardmember Cardholder commits an acts act of bankruptcy or allows a petition for bankruptcy or judgement/order against him him/her to remain against him him/her for more than thirty (30) days;
f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember with RHB Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened;
g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or the Cardmember and such process is not satisfied or withdrawn within seven (7) days thereof;
h) After credit check, RHB Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
i) Any particulars, information or details furnished by the Cardmember to RHB Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
j) Any event or events occur or a situation exist which could or might, in the opinion of RHB Bank prejudice the ability of the Cardmember to perform his obligations under this Agreement; or
k) If the Cardmember uses the Card for any unlawful activities including but not limited to illegal online betting.
11.3 The Principal Cardmember may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember and the Supplementary Cardmember as set out in this Agreement for all monies owing to RHB Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 Upon cancellation, recall, or suspension of the Card, all monies owing the RHB Bank by the Principal Cardmember and any Supplementary Cardmember, shall become due and payable immediately and the Cardmember shall immediately upon demand by RHB Bank, settle in full to RHB Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively in respect of the Card, any Supplementary Card and under the Card Account (as applicable).
11.5 The Principal Cardmember and/or Supplementary Cardmember hereby agrees that in the event the Principal Card and/or Supplementary card is recalled, cancelled, suspended or revoked, RHB Bank may place the Principal Card and/or Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank.
11.6 The Cardmember shall indemnify and keep RHB Bank fully indemnified for any loss, damage, costs, expenses, fees, charges (including without limitation to RHB Bank’s legal fees on a solicitor and client basis) which RHB Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember and/or the Supplementary Cardmember, including without limitation to RHB Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers.
11.7 RHB Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or the Supplementary Cardmember (if any) in respect of any non-renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card on the Cancellation Bulletin referred to in Clause 11.5.thirty
Appears in 2 contracts
Samples: Credit Card Agreement, Credit Card Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 10.1 RHB Bank may at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember or any Supplementary Cardmember (if any) Cardmember/Company under the Card Account by giving notice of thirty (30) calendar days, thereto, notwithstanding that the Principal Cardmember or such Supplementary Cardmember Cardmember/Company may not be in breach of this Agreement or any terms and conditions governing the use of the Card or otherwise.
11.2 10.2 In addition and without prejudice to the rights of RHB Bank under Clause 11.110.1, RHB Bank may at any time, with notice block any payment and/or transaction, close the Card Account, cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember and/or any Supplementary Cardmember (if any) Cardmember/Company under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following:
a) If the Cardmember Cardmember/Company defaults in the payment of any monies to be paid in the manner as provided in this Agreement.
b) If the Cardmember Cardmember/Company exceeds his Card Limit and/or combined Card Limit (as the case may be);
c) In the event of any breach committed by the Card Member Cardmember/Company or shall commit any breach with regards to the terms or conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) Cardmember/Company shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member Cardmember/Company shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.
d) If the Cardmember dies or becomes insane;
e) If the Cardmember Cardmember/Company commits an acts of bankruptcy or allows a petition for bankruptcy bankruptcy, winding up or judgement/order against him to remain against him for more than thirty (30) days;
f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember Cardmember/Company with RHB Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened;
g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or the Cardmember Cardmember/Company and such process is not satisfied or withdrawn within seven (7) days thereof;
h) After credit check, RHB Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
i) Any particulars, information or details furnished by the Cardmember Cardmember/Company to RHB Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
j) Any event or events occur or a situation exist which could or might, in the opinion of RHB Bank prejudice the ability of the Cardmember Cardmember/Company to perform his obligations under this Agreement; or
k) If the Cardmember Cardmember/Company uses the Card for any unlawful activities including but not limited to illegal online bettingany breaches of applicable law, rule or other regulatory requirements.
11.3 10.3 The Principal Cardmember Cardmember/Company may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are is actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) Cardmember/Company as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember and the Supplementary Cardmember Cardmember/Company as set out in this Agreement for all monies owing to RHB Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 10.4 Upon cancellation, recall, or suspension of the Card, all monies owing the RHB Bank by the Principal Cardmember and any Supplementary Cardmember/Company, shall become due and payable immediately and the Cardmember Cardmember/Company shall immediately upon demand by RHB Bank, settle in full to RHB Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively Cardmember/Company in respect of the Card, any Supplementary Card and under the Card Account (as applicable).
11.5 10.5 The Principal Cardmember and/or Supplementary Cardmember Cardmember/Company hereby agrees that in the event the Principal Card and/or Supplementary card is recalled, cancelled, suspended or revoked, RHB Bank may place the Principal Card and/or Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank.
11.6 10.6 The Cardmember Cardmember/Company shall indemnify and keep RHB Bank fully indemnified for any loss, damage, costs, expenses, fees, charges (including without limitation to RHB Bank’s legal fees on a solicitor and client basis) which RHB Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember and/or the Supplementary Cardmember/Company, including without limitation to RHB Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers10.
11.7 10.7 RHB Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or the Supplementary Cardmember (if any) Cardmember/Company in respect of any non-renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card Cardmember/Company by the Card facilities or a Cardmember Cardmember/Company or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card on the Cancellation Bulletin referred to in Clause 11.510.5.
10.8 The Cardmember/Company shall undertake to do the following to enable the Bank to comply with the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Xxx 0000 and regulatory requirement/acts that are and that may be imposed from time to time:
a) Declare that the Cardmember/Company will exercise due care to ensure the Account(s) is not used in any way to facilitate fraudulent and/or unlawful activities.
b) Provide the Bank with all relevant information and documents, as and when requested.
c) Allow the Bank to:
i) Reject opening of any new account(s);
ii) Close existing account(s); or
iii) Terminate the banking relationship if the Bank finds that the operations of the account(s) fail the due diligence (or enhance due diligence as the case may be) exercise conducted by the Bank
Appears in 1 contract
Samples: Credit Card Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 RHB Bank may at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember or any Supplementary Cardmember (if any) under the Card Account by giving notice of thirty (30) calendar days, thereto, notwithstanding that the Principal Cardmember or such Supplementary Cardmember may not be in breach of this Agreement or any terms and conditions governing the use of the Card or otherwise.
11.2 In addition and without prejudice to the rights of RHB Bank under Clause 11.1, RHB 12.1 The Bank may at any time, with notice thirty (30) days written notice, cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember Cardholder and/or any Supplementary Cardmember Cardholder (if any) under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following:
a) If the Cardmember Cardholder defaults in the payment of any monies to be paid in the manner as provided in this Agreement.;
b) If the Cardmember exceeds his Card Limit and/or combined Card Limit (as the case may be);
c) In the event Cardholder breaches or threatens to breach any of any breach committed by the Card Member or shall commit any breach with regards to the terms or conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until Agreement;
c) If the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member shall continue Cardholder dies or loses mental capacity required to be liable for all obligations thereof from the cancellation and breach of perform this Agreement thereafter.Agreement;
d) If the Cardmember dies or becomes insane;
e) If the Cardmember Cardholder commits an acts act of bankruptcy or allows a petition for bankruptcy bankruptcy;
e) or judgementjudgment/order against him to remain against him the Cardholder for more than thirty (30) days;
f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember with RHB Bank cardholder on the card or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted provided by RHB the Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened;institution; Tax Card Number: 8074565
g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or of the Cardmember Cardholder and such process is not satisfied or withdrawn within seven (7) days thereof;
h) After credit check, RHB the Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account account may be current;
i) Any particulars, information or details furnished by the Cardmember Cardholder to RHB the Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
j) Any event or events occur or a situation exist exists which could be or might, in the opinion of RHB Bank the Bank, prejudice the ability of the Cardmember Cardholder to perform his obligations under this Agreement; oror CR No:1 / 14573 / 8
k) If the Cardmember Cardholder uses the Card for any unlawful activities or Haram activities including but not limited to illegal online bettingbetting or purchase of Haram goods or Services. 2465 6666 xxx.xxxxxxx.xx Pioneer of Islamic Banking in Oman ﺔﻨﻄﻠﺴﻟا ﻲﻓ ﺔﻴﻣﻼﺳ ا ﺔﻴﻓﺮﺼﻤﻟا تﺎﻣﺪﺨﻟا ﻲﻓ ﺪﺋاﺮﻟا اــقفوو قــلطملا »كــنبلا« رــيدقتل اــقفو هاــعأ ةروــكذملا تلاوــمعلا وأ موــسرلا فــلتخت دــق اـمب تاـيدعتلا هذـهو رـييغتلا اذـه يرـسيو .»كـنبلا« يـف »ةيعرـشلا ةـباقرلا ةـئيه« ةـقفاومل هاــندأ 15 »دــنبلا« ماكــحأ عــم ىــشامتي ٤.٩ يــقبتملا دــيصرلا ةيوــست كــنبلل قــحي ،ةــقاطبلا ىــلع قحتــسم غــلبم كاــنه ناك اذإ 5.٩ دــعب كــنبلا ىدــل ةــقاطبلا لــماحب صاــخلا عادــيلإا باــسح نــم مــصخلا لاــخ نــم ىــلع ةــيصن ةلاــسر لاــخ نــم لــقلأا ىــلع اــموي )30( نــيثاثب كــلذ لــبق راعــشإ لاــسرإ .ةقاطبلا لماحل لجسملا لاقنلا فتاهلا مقر ةقاطبلا ةزايح 10 نأ هــبجومب طورــشم رــيغو يــئاهن لكــشب لوــبقملاو ،هــيلع قــفتملاو ،موــهفملا نــم كــنبلا ىــلإ ةــقاطبلا لــماح دــيعيو .تاــقولأا عــيمج يــف كــنبلل اكــلم لــظت ةــقاطبلا اــهنأ ادــكؤم ةحيرــشلاو يــسيطانغملا طيرــشلا دــنع نــم ةــعوطقملا ةــقاطبلا اروــف مادختــسا ةــقاطبلا لــماح ىــغلأ اذإ وأ كــلذ هــنم كــنبلا ựــلطي اــمدنع اــمامت تــفلت .هقلع وأ ةقاطبلا 1.10 اهتقرس وأ ةقاطبلا نادقف 11 نادــقف نود ةــلوليحلل ةــلوقعملا تاــطايتحلاا عــيمج ةــقاطبلا لــماح ذــختي 1.11 نــع ةيلوؤــسملا ةــقاطبلا لــماح لــمحتيو ،اــهعايضو ،اهتقرــسو ،تاــقاطبلا/ةقاطبلا .يرسلا مقرلاو تاقاطبلا/ةقاطبلا مادختساب ريغلل حامسلا مدع ،هــنع فــشِ كُ وأ ،عاــض وأ ،يرــسلا مــقرلا نــع حــصفأُ وأ ،تقَ رــسُ وأ ،ةــقاطب ةــيأ تدــقِ فُ اذإ 2.11 كـلذب رـقي نأ هـيلعو اروـف كـلذب تلااـصتلاا زـكرم راعـشإب ةـقاطبلا لـماح موـقي نأ ựـجيف ةاــفاوم ựــجي اــمك ،كــلذب ةطرــش رــضحم ةــقاطبلا لــماح ررــحي نأ ựــجي اــمك .اــيباتك تــناك اــمهم فــيراصملاو موــسرلا عــيمجب كــنبلا هاــجت مازــتللاا ةــقاطبلا لــماح لــصاوي 3.11 اــهليمحت مــت اــملاط لا مأ اــهب اــحرصم تــناك ءاوــس تاــماعملا عــيمج نــع أــشنت يــتلا نـيبملا وـحنلا ىـلع اـيباتك اراعـشإ كـنبلا ملتـسي مـل اـم وأ نأ ىـلإ تاـقاطبلا/ةقاطبلا ىـلع يــتلاو اــهب حرــصملا رــيغ تاــماعملا نــع ةــقاطبلا لــماح ةيلوؤــسم قاــطن دــيدحت دــنع 4.11 ةــيهيجوت ئداــبم ةــيأ هنابــسح يــف كــنبلا ذــخأي ،روــكذملا راعــشلإا ماتــسا لــبق تــمت ىــصقأ زواــجتي لاو .نوــناقلل ماكــحأ ةــيأ وأ يــنامعلا يزــكرملا كــنبلا اــهعضو دــعاوق وأ ةــقاطبلا نادــقف ةــجيتن اــهب حرــصملا رــيغ تاــماعملا نــع ةــقاطبلا لــماحل ةيلوؤــسم فرــصت ةــقاطبلا لــماح نــع ردــبي لاأ ةطيرــش )اــينامع لااــير نيــسمخ( .ع.ر 50 اهتقرــس وأ .اهتقرــس وأ ةــقاطبلا نادــقف فاــشتكا روــف كــنبلا غاــبإ نــع ســعاقت وأ يــلايتحا /ةــقاطبلا نادــقف ةــلاح يــف ةــقاطبلا لــماح ةيلوؤــسم صوــصخب كــنبلا رارــق رــبتعي 5.11 فــشكلا وأ ،هــعايض وأ ،يرــسلا مــقرلا نــع حاــصفلإا وأ ،اــهعايض وأ ،اهتقرــس وأ ،تاــقاطبلا .روــكذملا ةــقاطبلا لــماحل اــمزلمو ،اــيعطقو ،اــيئاهن هــنع هذــه ةــقاطبلا لــماح دــيعي ،ةدوــقفملا ةــقاطبلل ةــقاطبلا لــماح دادرتــسا ةــلاح يــف 6.11 .اهمادختــسا ةــلواحم وأ ةــمدخلا مادختــسا نود كــنبلا ىــلإ اروــف ةدوــقفملا ةــقاطبلا ءاهنلإا وأ ،ءاغللإا وأ ،قيلعتلا 12 هــتدملقت لا يــباتك راعــشإ ựــجومب ،تاــقولأا نــم تــقو يأ يــف ،موــقي نأ كــنبلل زوــجي 1.1٢ لــماح مادختــسا قــيلعت وأ ،اــهئاهنإ وأ ،ةــقاطبلا ءاــغلإب ،اــموي )30( نــيثاث نــع كــلذ دــييقت وأ ،ةــقاطبلل )دــجو نإ( يــفاضإ ةــقاطب لــماح يأ وأ/و يــساسلأا ةــقاطبلا دــنع )لا مأ اــيراج ةــقاطبلا باــسح ناك ءاوــس( ةــقاطبلا باــسح يــف مادختــسلا وــحنلا ىــلع عــفدلا ةقحتــسم لاوــمأ ةــيأ دادــس نــع ةــقاطبلا لــماح فــلخت اذإ )أ .كلذب دده وأ اهماكحأو ةيقافتلاا هذه طورش نم يأب ةقاطبلا لماح لخأ اذإ )ب .ةيقافتلاا هذه ءادلأ ةمزالا ةيلقعلا ةيلهلأا دقف وأ ةقاطبلا لماح يفوت اذإ )ت .هسافإ راهشإب حمس وأ سافلإا بابسأ نم ựبسب ةقاطبلا لماح ىتأ اذإ )ث .اموي )03( نيثاث نم رثكلأ ايراس ةقاطبلا لماح دض ردص رمأ / مكح لظ اذإ )ج ةيلام تايهـست ةيأ وأ ةـقاطبلا ىـلع ام دادـس نع ةقاطبلا لـماح فـلخت ةـلاح يـف )ح يتلا ىرخلأا ةـيئاضقلا تاءارـجلإا نم كلذ رـيغ وأ ،ذيفنتلا وأ ،زـجحلا عـيقوت ةـلاح يـف )خ ضرـعم وأ نـمآ رـيغ هـعضو نأ ةـيلاملا ةءاـملا مدـع نـم قـقحتلا دـعب كـنبلا ىأر اذإ )د يـف كـنبلل ةـقاطبلا لـماح اـهمدق لـيصافت وأ ،تاـمولعم وأ ،تاـنايب ةـيأ نأ نـيبت اذإ )ذ نأ نـكمي وأ رـثؤي دـق هـنأ كـنبلا ىرـي فـقوم وأ ،ثادـحأ وأ ،ثدـح يأ عوـقو ةـلاح يـف )ر وأ ةعورــشم رــيغ ةطــشنأ ةــيأ يــف ةــقاطبلا هذــه ةــقاطبلا لــماح مدختــسا اذإ )ز
11.3 12.2 The Principal Cardmember Cardholder may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) as set out in this Agreement shall continue to subsistMeethaq. Such termination shall be without prejudice to the liabilities of the Principal Cardmember Cardholder and the Supplementary Cardmember Cardholder as set out in this Agreement for all monies owing owed to RHB the Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 12.3 Upon cancellation, recall, or suspension suspension, or termination of the Card, Card all monies owing owed to the RHB Bank by the Principal Cardmember Cardholder and any Supplementary Cardmember, Cardholder shall become due and payable immediately and the Cardmember shall immediately Cardholder shall, upon demand by RHB the Bank, settle in full to RHB Bank all monies and the total outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively in respect of the Card, any Supplementary Card and under the Card Account (as applicableamount(s).
11.5 12.4 The Principal Cardmember Cardholder and/or the Supplementary Cardmember hereby Cardholder xxxxxx agrees that in the event that the Principal Card and/or the Supplementary card Card is recalled, cancelled, §suspended or revoked, RHB the Bank may place the Principal Card and/or the Supplementary Card number on the Cancellation Bulletin cancellation bulletin and circulate it to all Merchants merchants and/or VISA Member Bank or VISA/ MasterCard Member Bank.
11.6 12.5 The Cardmember Cardholder shall indemnify and keep RHB the Bank fully indemnified for any loss, قاــثيم ىــلإ ةداــعلإا قــيرط نــع ةــيقافتRا هذــه ءاــهنإ يــساسلأا ةــقاطبلا لــماحل زوــجي ٢.1٢ يــسيطانغملا طيرــشلاو )تدــجو نإ( ةــيفاضلإا ةــقاطبلاو ةيــساسلأا ةــقاطبلا لاــخلإا نود ءاــهنلإا اذــه مــتيو .اــمامت اــهفاتإ دــكؤي اــمب نــيعوطقملا ةحيرــشلاو وــه امبــسح يــفاضلإا ةــقاطبلا لــماحو يــساسلأا ةــقاطبلا لــماح تاــمازتلاب لــبق كــنبلل ةقحتــسملا لاوــملأا عــيمجل ةبــسنلاب ةــيقافتRا هذــه يــف هــيلع صوــصنم .ةيقافتRا هذهب تRاخلإا عيمجو ةيلأ ةبسنلاب كلذكو ءاهنلإا خيرات لاوــملأا عــيمج حــبصت ،اــهئاهنإ وأ ،اــهقيلعت وأ ،اهبحــس وأ ،ةــقاطبلا ءاــغلإ دــنع 3.1٢ يــفاضإ ةــقاطب لــماح يأو يــساسلأا ةــقاطبلا لــماح نــم كــنبلل ةقحتــسملا »ةــقاطبلا« نأ ىــلع »ماكــحلأاو طورــشلا« هذــه ựــجومب قــفاويو »ةــقاطبلا لــماح« دــهعتي ٤.1٢ ựـجومب ةرداـص »ةـيفاضإ )تاـقاطب( ةـقاطب« يأ كـلذ يـف اـمب ،»ةـقاطبلا لـماح« ــل ةرداـصلا damage, costscost, expenses, fees, charges (including without limitation to RHB Bank’s any legal fees on a solicitor and client basis) which RHB the Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember and/or Cardholder and/ or the Supplementary CardmemberCardholder, including and without limitation to RHB the Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers12.
11.7 RHB 12.6 The Bank shall not be liable for any losses, damages, costs, expenses or claims of وأ ،ررــض وأ ،ةراــسخ ةــيأ نــع اــمامت هــنع ىذلأا أردــيو كــنبلا ةــقاطبلا لــماح ضوــعيُ رــصحلا R لاــثملا ليبــس ىــلع كــلذ يــف اــمب فــيراصم وأ ،موــسر وأ ،تاــقفن وأ ،ةــفلكت يأ ذاــفنإ ةــلواحم وأ ذاــفنإ يــف اــهدبكتي وأ كــنبلا اــهلمحتي دــق ةــينوناق باــعتأ ةــيأ وأ/و يــساسلأا ةــقاطبلا لــماح نــم ةــيقافتRا هذــه يــف ةدراوــلا هــقوقح نــم لك وأ يــف كــنبلا قــح رــصحلا R لاــثملا ليبــس ىــلع كــلذ يــف اــمب يــفاضلإا ةــقاطبلا لــماح .اذه 11 دنبلا ựجومب دادسلا 5.1٢ any kind whatsoever suffered by or brought against the Principal Cardmember principal Cardholder or the Supplementary Cardmember (if any) supplementary Cardholder in respect of any non-renewal, cancellation of the Principal principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember Principal Cardholder and/or the Supplementary Cardholder or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card number on the Cancellation Bulletin cancellation bulletin referred to in Clause 11.512.5 herein.
Appears in 1 contract
Samples: Terms and Conditions
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 12.1 RHB Islamic Bank may shall at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember Cardholder or any Supplementary Cardmember (if any) Cardholder under the Card Account by giving with notice of thirty (30) calendar daysand without the need to assign any reason whatsoever, thereto, notwithstanding that the Principal Cardmember Cardholder or such Supplementary Cardmember Cardholder may not be in breach of this Agreement or any terms other Terms and conditions Conditions governing the use of the Card or otherwise. RHB Islamic Bank shall provide at least thirty (30) calendar days notice in any manner as it considers appropriate to the Cardholder prior to the termination of the Card Account.
11.2 12.2 In addition and without prejudice to the rights of RHB Islamic Bank under Clause 11.112.1, RHB Islamic Bank may at any time, with notice to cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember Cardholder and/or any Supplementary Cardmember Cardholder (if any) under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following:
a) If the Cardmember Cardholder defaults in the payment of any monies to be paid in the manner as provided in this Agreement.;
b) If the Cardmember Cardholder exceeds his Card Limit and/or combined Card Limit (as the case may be);
c) In If the event Cardholder breaches or threatens to breach any of any breach committed by the Card Member or shall commit any breach with regards to the terms or conditions Terms and Conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.;
d) If the Cardmember Cardholder dies or becomes insane;
e) If the Cardmember Cardholder commits an acts act of bankruptcy or allows a petition for bankruptcy or judgement/order against him to remain against him for more than thirty (30) days;
f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember with RHB Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened;
g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or the Cardmember and such process is not satisfied or withdrawn within seven (7) days thereof;
h) After credit check, RHB Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
i) Any particulars, information or details furnished by the Cardmember to RHB Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
j) Any event or events occur or a situation exist which could or might, in the opinion of RHB Bank prejudice the ability of the Cardmember to perform his obligations under this Agreement; or
k) If the Cardmember uses the Card for any unlawful activities including but not limited to illegal online betting.
11.3 The Principal Cardmember may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember and the Supplementary Cardmember as set out in this Agreement for all monies owing to RHB Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 Upon cancellation, recall, or suspension of the Card, all monies owing the RHB Bank by the Principal Cardmember and any Supplementary Cardmember, shall become due and payable immediately and the Cardmember shall immediately upon demand by RHB Bank, settle in full to RHB Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively in respect of the Card, any Supplementary Card and under the Card Account (as applicable).
11.5 The Principal Cardmember and/or Supplementary Cardmember hereby agrees that in the event the Principal Card and/or Supplementary card is recalled, cancelled, suspended or revoked, RHB Bank may place the Principal Card and/or Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank.
11.6 The Cardmember shall indemnify and keep RHB Bank fully indemnified for any loss, damage, costs, expenses, fees, charges (including without limitation to RHB Bank’s legal fees on a solicitor and client basis) which RHB Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember and/or the Supplementary Cardmember, including without limitation to RHB Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers.
11.7 RHB Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or the Supplementary Cardmember (if any) in respect of any non-renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card on the Cancellation Bulletin referred to in Clause 11.5.thirty
Appears in 1 contract
Samples: Credit Card Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 RHB The Bank may shall at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember or any Supplementary Cardmember (if any) Cardholder/Company under the Card Account by giving with notice of thirty (30) calendar daysand without the need to assign any reason whatsoever, thereto, notwithstanding that the Principal Cardmember or such Supplementary Cardmember Cardholder/Company may not be in breach of this Agreement or any terms other Terms and conditions Conditions governing the use of the Card or otherwise. The Bank shall provide at least thirty (30) calendar days notice in any manner as it considers appropriate to the Cardholder/Company prior to the termination of the Card Account.
11.2 In addition and without prejudice to the rights of RHB the Bank under Clause 11.1, RHB the Bank may at any timeanytime, with notice to cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember and/or any Supplementary Cardmember (if any) Cardholder/Company under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following:
a) i. If the Cardmember Cardholder/Company defaults in the payment of any monies to be paid in the manner as provided in this Agreement.;
b) ii. If the Cardmember Cardholder/Company exceeds his Card Limit and/or combined Card Limit (as the case may be);
c) In iii. If the event Cardholder/Company breaches or threatens to breach any of any breach committed by the Card Member or shall commit any breach with regards to the terms or conditions Terms and Conditions of this Agreement; amendments made shall be in accordance with the applicable conditions;
iv. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.
d) If the Cardmember Cardholder dies or becomes insane;
e) v. If the Cardmember Cardholder/Company commits an acts act of bankruptcy or allows a petition for bankruptcy bankruptcy, winding up or judgementjudgment/order against him to remain against him for more than thirty (30thirty(30) days;
f) vi. An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember Cardholder/Company with RHB the Bank or any other bank, financial facilities granted by the Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Bank or any other bank, financial institution or credit company (as company(as the case may be) occurs or is threatened;
g) vii. A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or of the Cardmember Cardholder/Company and such process is not satisfied or withdrawn within seven (7) days thereof;
h) ; After credit check, RHB the Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
i) viii. Any particulars, information or details furnished by the Cardmember Cardholder/Company to RHB the Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
j) ix. Any event or events occur or a situation exist exists which could be or might, in the opinion of RHB Bank the Bank, prejudice the ability of the Cardmember Cardholder/Company to perform his obligations under this Agreement; or
k) x. If the Cardmember Cardholder uses the Card for any unlawful activities or Non-Halal activities including but not limited to illegal online bettingany breaches of applicable law, rule or other regulatory requirements or purchase of Non-Halal goods at Non-Halal businesses and premises.
11.3 The Principal Cardmember Cardholder/Company may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are is actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) Cardholder/Company as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember and the Supplementary Cardmember as set Cardholder/Company asset out in this Agreement for all monies owing to RHB the Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 Upon cancellation, recall, or suspension of the Card, all monies owing to the RHB Bank by the Principal Cardmember and any Supplementary CardmemberCardholder/Company, shall become due and payable immediately and the Cardmember Cardholder/Company shall immediately upon demand by RHB the Bank, settle in full to RHB the Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember Cardholder/Company respectively in respect of the Card, any Supplementary Card and under the Card Account (as applicable).
11.5 The Principal Cardmember and/or Supplementary Cardmember Cardholder/Company hereby agrees that in the event that the Principal Card and/or Supplementary card is recalled, cancelled, suspended or revoked, RHB the Bank may place the Principal Card and/or Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank.
11.6 The Cardmember Cardholder/Company shall indemnify and keep RHB the Bank fully indemnified for any loss, damage, costscost, expenses, fees, charges changes (including without limitation to RHB the Bank’s legal fees on a solicitor and client basisclient) basis which RHB the Bank may suffer or incur in enforcing or attempting to enforce any or all of its it’s rights herein contained in this Agreement against the Principal Cardmember and/or the Supplementary CardmemberCardholder/Company, including without limitation to RHB the Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers11.
11.7 RHB The Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or the Supplementary Cardmember (if any) Cardholder/Company in respect of any non-non- renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember Cardholder/Company or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card on the Cancellation Bulletin referred to in Clause 11.5clause 11.5 herein.
11.8 The Cardholder/Company shall undertake to do the following to enable the Bank to comply with the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Xxx 0000 and regulatory requirement/acts that are and that may be imposed from time to time:
a) Declare that the Cardholder/Company will exercise due care to ensure the Account(s) is not used in any way to facilitate fraudulent and/or unlawful activities.
b) Provide the Bank with all relevant information and documents, as and when requested.
c) Allow the Bank to:
i) Reject opening of any new account(s);
ii) Close existing account(s); or
iii) Terminate the banking relationship if the Bank finds that the operations of the account(s) fail the due diligence (or enhance due diligence as the case may be) exercise conducted by the Bank
Appears in 1 contract
Samples: Visa Cardholder Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 (a) Except for any cancellation and suspension pursuant to Clause 4.13, 4.14, 11.3 or 12.2, RHB Islamic Bank may at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by any Cardholder by giving prior notice of at least twenty-one (21) calendar days and stating in the Principal Cardmember notice the reason(s) for such cancellation or any Supplementary Cardmember suspension.
(if anyb) under In the event of such cancellation or suspension, Clauses 12.4 and 12.5 apply.
(c) If the Cardholder is not agreeable to such suspension, the Card Account by giving notice of thirty (30) calendar daysmay be cancelled in accordance with Clause 3.6. Activation, thereto, notwithstanding that the Principal Cardmember retention or such Supplementary Cardmember may not be in breach of this Agreement or any terms and conditions governing the use of the Card or otherwiseafter the effective date of such suspension will constitute the Cardholder’s acceptance of such suspension.
11.2 (d) The Cardholder agrees that RHB Islamic Bank will not be liable for any losses, expenses or claims suffered by or brought against the Cardholder as a result of RHB Islamic Bank exercising its rights under this Clause 12.1 due to the Cardholder’s act, omission, default, negligence and/or misconduct.
(e) The Cardholder may contact RHB Customer Contact Centre or visit any branch of RHB Islamic Bank if he/she would like to have further information on such cancellation or suspension.
12.2 In addition and without prejudice to the rights of RHB Islamic Bank under Clause 11.112.1, RHB Islamic Bank may at any time, with notice cancel or revoke the Card or :
(a) suspend or restrict the use of the Card by the Principal Cardmember and/or any Supplementary Cardmember (if any) under the Card Account Cardholder (whether such the Card Account is current or otherwise) upon the occurrence of any of the following:
a(i) If if the Cardmember Cardholder defaults in the payment of any monies to be paid in the manner as provided in this Agreement.; or
b(ii) If if the Cardmember Cardholder exceeds his his/her Card Limit and/or combined Card Limit (as the case may be);
c(b) In by giving notice, cancel the Card or suspend the use of the Card by any Cardholder (whether the Card Account is current or otherwise) upon the occurrence of any of the following:
(i) in the event of any material breach committed by the Card Member or shall commit any breach with regards to the terms or conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until committed by the Card is received and cancelled by RHB Bank Card Center. The Card Member and Cardholder;
(ii) if the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.
d) If the Cardmember Cardholder dies or becomes insane;
e(iii) If if the Cardmember Cardholder commits an acts act of bankruptcy or allows a petition for bankruptcy or judgement/order against him him/her to remain against him him/her for more than thirty (30) calendar days;
f(iv) An an event of default (howsoever referred toor any event having a similar effect) as provided in any other agreements entered into by the Cardmember Cardholder with RHB Islamic Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Islamic Bank or any such other bank, financial institution or credit company (as the case may be) occurs or is threatened;
g(v) A a distress or execution or other process of a court of competent jurisdiction is levied or issued against the Cardholder and/or any of the properties or of the Cardmember Cardholder and such process is not satisfied or withdrawn within seven (7) calendar days thereof;
h(vi) After credit check, RHB Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
i) Any any particulars, information or details furnished by the Cardmember Cardholder to RHB Islamic Bank in the Card Application Form or from time to time is untrue, incorrect or misleading in any material respect or has since become untrue, incorrect or misleadingmisleading in any material respect;
j(vii) Any any event or events occur occur(s) or a situation exist exists which could or might, in the opinion of RHB Bank Islamic Bank, materially and adversely prejudice the ability of the Cardmember Cardholder to perform his his/her obligations under this Agreement; or
k(viii) If if the Cardmember Cardholder uses the Card for any unlawful activities, activities which are not Shariah- compliant or activities which are in breach of any laws and regulatory rules and requirements, including but not limited to illegal online bettingbetting or purchase of Non-Halal goods at Non-Halal businesses and premises. The Cardholder may contact RHB Customer Contact Centre or visit any branch of RHB Islamic Bank if he/she would like to have further information on such cancellation or suspension.
11.3 12.3 The Principal Cardmember Cardholder may terminate this Agreement by either:
(a) calling or writing to RHB Customer Contact Centre, in which case the Principal Cardholder must ensure that the Principal Card and the Supplementary Card are cut in half across the magnetic stripe and chip so that they are completely damaged; or
(b) returning the Principal Card and the Supplementary Card (if any) to any branch of RHB Islamic Bank. Upon such termination, Clauses 12.4 and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until 12.5 apply. Despite such termination, the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember Cardholder and the Supplementary Cardmember as set out in Cardholder continue to be liable for all obligations and all breaches of this Agreement for existing prior to the date of such termination.
12.4 Upon cancellation or suspension of the Card:
(a) all monies owing to RHB Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 Upon cancellation, recall, or suspension of the Card, all monies owing the RHB Islamic Bank by the Principal Cardmember Cardholder and any Supplementary Cardmember, shall Cardholder will become due and payable immediately and immediately; and
(b) the Cardmember shall Cardholder must immediately upon demand by RHB Islamic Bank, settle in full to RHB Islamic Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively in respect of the Card. However, a Supplementary Cardholder will not be liable for the debts of the Principal Cardholder or any other Supplementary Card and under the Card Account (as applicable)Cardholder.
11.5 12.5 The Principal Cardmember and/or Supplementary Cardmember hereby Cardholder agrees that in the event if the Principal Card and/or the Supplementary card Card is recalled, cancelled, suspended cancelled or revokedsuspended, RHB Islamic Bank may place the Principal Card and/or the Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard masterCard Member Bank.
11.6 (a) The Cardmember shall Cardholder is to indemnify and keep RHB Islamic Bank fully indemnified for any loss, damage, costscost, expenses, fees, charges changes (including without limitation to RHB Islamic Bank’s legal fees on a solicitor and client basis) which RHB Islamic Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember Cardholder and/or the Supplementary CardmemberCardholder, including without limitation to RHB Islamic Bank’s right to payment under this Clause 11 save and except that 12, due to any act, omission, default, negligence and/or misconduct on the part of the Principal Cardholder and/or the Supplementary Cardmember shall not Cardholder.
(b) However, no Supplementary Cardholder will be jointly or severally liable for the debts of the Principal Cardmember Cardholder or any other Supplementary CardmembersCardholder.
11.7 12.7 RHB Islamic Bank shall is not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or Cardholder and/or the Supplementary Cardmember (if any) Cardholder in respect of of:
(a) any non-renewal, renewal or cancellation of the Principal Card and/or the Supplementary Card Card;
(b) any cancellation, suspension or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember or Cardholder; and/or
(c) any non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever), including without limitation to any listing of the Principal Card or and/or the Supplementary Card number on the Cancellation Bulletin referred to in Clause 11.512.5, if such losses, damages, costs, expenses or claims are due to the act, omission, default, negligence and/or misconduct on the part of the Principal Cardholder and/or the Supplementary Cardholder.
12.8 The Cardholder agrees to do the following to enable RHB Islamic Bank to comply with the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Xxx 0000 and other applicable laws, regulations and regulatory requirements as may be imposed from time to time:
(a) declare that the Cardholder will exercise due care to ensure the Card Account is not used in any way to facilitate fraudulent and/or unlawful activities;
(b) provide RHB Islamic Bank with all relevant information and documents, as and when requested; and
(c) allow RHB Islamic Bank to:
(i) reject opening of any new Card Account;
(ii) close existing Card Account; and/or
(iii) terminate the banking relationship, if RHB Islamic Bank, based on satisfactory documentary evidence, finds that the operations of any Card Account(s) fail the due diligence exercise or enhanced due diligence exercise, as the case may be, conducted by RHB Islamic Bank pursuant to the Anti-Money Laundering, Anti- Terrorism Financing and Proceeds of Unlawful Activities Xxx 0000 and/or other applicable laws, regulations and regulatory requirements as may be imposed from time to time.
Appears in 1 contract
Samples: Credit Card Agreement
SUSPENSION, CANCELLATION OR TERMINATION. 11.1 RHB Islamic Bank may shall at any time and at its absolute discretion without any liability whatsoever cancel or revoke any Card or suspend or restrict the use of any Card by the Principal Cardmember Cardholder or any Supplementary Cardmember (if any) Cardholder under the Card Account by giving with notice of thirty (30) calendar daysand without the need to assign any reason whatsoever, thereto, notwithstanding that the Principal Cardmember Cardholder or such Supplementary Cardmember Cardholder may not be in breach of this Agreement or any terms other Terms and conditions Conditions governing the use of the Card or otherwise. RHB Islamic Bank shall provide at least thirty (30) calendar days notice in any manner as it considers appropriate to the Cardholder prior to the termination of the Card Account.
11.2 In addition and without prejudice to the rights of RHB Islamic Bank under Clause 11.1, RHB Islamic Bank may at any time, with notice to cancel or revoke the Card or suspend or restrict the use of the Card by the Principal Cardmember Cardholder and/or any Supplementary Cardmember Cardholder (if any) under the Card Account (whether such Card Account is current or otherwise) upon the occurrence of any of the following:
a) If the Cardmember Cardholder defaults in the payment of any monies to be paid in the manner as provided in this Agreement.;
b) If the Cardmember Cardholder exceeds his Card Limit and/or combined Card Limit (as the case may be);
c) In If the event Cardholder breaches or threatens to breach any of any breach committed by the Card Member or shall commit any breach with regards to the terms or conditions Terms and Conditions of this Agreement; amendments made shall be in accordance with the applicable conditions. To the contrary, the Card Member and the Supplementary Card Member (if applicable) shall continue to be bound by and liable to pursuant to the terms and conditions of this Agreement until the Card is received and cancelled by RHB Bank Card Center. The Card Member and the Supplementary Card Member shall continue to be liable for all obligations thereof from the cancellation and breach of this Agreement thereafter.;
d) If the Cardmember Cardholder dies or becomes insane;
e) If the Cardmember Cardholder commits an acts act of bankruptcy or allows a petition for bankruptcy or judgement/order against him to remain against him for more than thirty (30) days;
f) An event of default (howsoever referred to) as provided in any other agreements entered into by the Cardmember with RHB Bank or any other bank, financial institution or credit company in respect of any other banking or credit facility or facilities granted by RHB Bank or any other bank, financial institution or credit company (as the case may be) occurs or is threatened;
g) A distress or execution or other process of a court of competent jurisdiction is levied or issued against any of the properties or the Cardmember and such process is not satisfied or withdrawn within seven (7) days thereof;
h) After credit check, RHB Bank is of the opinion that its position is insecure or jeopardized, even though the Card Account may be current;
i) Any particulars, information or details furnished by the Cardmember to RHB Bank in the Card Application Form or from time to time is untrue, incorrect or misleading or has since become untrue, incorrect or misleading;
j) Any event or events occur or a situation exist which could or might, in the opinion of RHB Bank prejudice the ability of the Cardmember to perform his obligations under this Agreement; or
k) If the Cardmember uses the Card for any unlawful activities including but not limited to illegal online betting.
11.3 The Principal Cardmember may terminate this Agreement by returning the Principal Card and the Supplementary Card (if any) and cut across the magnetic stripe and chip ensuring it is completely damaged to RHB Bank Card Centre and until the Principal Card and such Supplementary Card are actually received by RHB Bank Card Centre, the liability of the Principal Cardmember and Supplementary Cardmember (if any) as set out in this Agreement shall continue to subsist. Such termination shall be without prejudice to the liabilities of the Principal Cardmember and the Supplementary Cardmember as set out in this Agreement for all monies owing to RHB Bank prior to the date of termination as well as for any and all antecedent breaches of this Agreement.
11.4 Upon cancellation, recall, or suspension of the Card, all monies owing the RHB Bank by the Principal Cardmember and any Supplementary Cardmember, shall become due and payable immediately and the Cardmember shall immediately upon demand by RHB Bank, settle in full to RHB Bank all monies and outstanding under this Agreement by the Principal Cardmember and Supplementary Cardmember respectively in respect of the Card, any Supplementary Card and under the Card Account (as applicable).
11.5 The Principal Cardmember and/or Supplementary Cardmember hereby agrees that in the event the Principal Card and/or Supplementary card is recalled, cancelled, suspended or revoked, RHB Bank may place the Principal Card and/or Supplementary Card number on the Cancellation Bulletin and circulate it to all Merchants and/or VISA Member Bank or MasterCard Member Bank.
11.6 The Cardmember shall indemnify and keep RHB Bank fully indemnified for any loss, damage, costs, expenses, fees, charges (including without limitation to RHB Bank’s legal fees on a solicitor and client basis) which RHB Bank may suffer or incur in enforcing or attempting to enforce any or all of its rights herein contained in this Agreement against the Principal Cardmember and/or the Supplementary Cardmember, including without limitation to RHB Bank’s right to payment under this Clause 11 save and except that any Supplementary Cardmember shall not be jointly or severally liable for the debts of the Principal Cardmember or other Supplementary Cardmembers.
11.7 RHB Bank shall not be liable for any losses, damages, costs, expenses or claims of any kind whatsoever suffered by or brought against the Principal Cardmember or the Supplementary Cardmember (if any) in respect of any non-renewal, cancellation of the Principal Card and/or the Supplementary Card or any revocation, suspension, restriction on the use of the Principal Card and/or the Supplementary card by the Cardmember and/or the Supplementary Card by the Card facilities or a Cardmember or non-availability of the Principal Card and/or the Supplementary Card facilities (whether on a temporary or a permanent basis) for any reason whatsoever, including without limitation to any listing of the Principal Card or the Supplementary Card on the Cancellation Bulletin referred to in Clause 11.5.thirty
Appears in 1 contract
Samples: Credit Card I Services Agreement
