Common use of TERMINATION OF USE OF CARD AND CARD ACCOUNT Clause in Contracts

TERMINATION OF USE OF CARD AND CARD ACCOUNT. 8.1 DBS may suspend or terminate the Card, Card Account(s) or the Cardholder’s or Cardmember’s usage of Electronic Services at any time without having to give any reasons or notice. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/or Card. Any such use shall be fraudulent. If the use of the Card is terminated by DBS for any reason, the Cardholder or Cardmember must return the Card to DBS cut in half. There will be no refund of any fees payable upon the termination of the Card for any reason. 8.2 The Cardmember (or if acceptable to DBS, the Cardholder) may terminate the Card, Card Account(s) or their use of Electronic Services at any time by giving DBS written notice. 8.3 Upon termination of the Card, the Cardmember or Cardholder shall return the Card, cut in half, to DBS. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/ or the Card. Any such use shall be fraudulent. 8.4 Upon the termination of the Cardmember’s Card Account(s) for whatever reason, the Cardholder or Cardmember shall not continue to use their Card(s). 8.5 The Cardholder’s or Cardmember’s obligations under this Agreement will continue and DBS shall remain entitled to debit the Card Account or any other Account(s) the Cardmember maintains with DBS, with overdraft charges and/ or card transactions that are carried out before or after the termination of the Card and/or Card Account. Until such transactions and any overdraft charges that may be imposed are paid in full, the Cardholder or Cardmember (and anyother person, if any, in whose name the Card Account is maintained) shall remain liable to DBS.

Appears in 6 contracts

Samples: DBS Commercial Debit Card Agreement, DBS Business Advance Card Agreement, DBS Business Advance Card Agreement

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TERMINATION OF USE OF CARD AND CARD ACCOUNT. 8.1 DBS may suspend or terminate the Card, Card Account(s) or the Cardholder’s or Cardmember’s usage of Electronic Services at any time without having to give any reasons or notice. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/or Card. Any such use shall be fraudulent. If the use of the Card is terminated by DBS for any reason, the Cardholder or Cardmember must return the Card to DBS cut in half. There will be no refund of any fees payable upon the termination of the Card for any reason. 8.2 The Cardmember (or if acceptable to DBS, the Cardholder) may terminate mayterminate the Card, Card Account(s) or their use of Electronic Services at any time by giving DBS written notice. 8.3 Upon termination of the Card, the Cardmember or Cardholder shall return the Card, cut in half, to DBS. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/ or the Card. Any such use shall be fraudulent. 8.4 Upon the termination of the Cardmember’s Card Account(s) for whatever reason, the Cardholder or Cardmember shall not continue to use their Card(s). 8.5 The Cardholder’s or Cardmember’s obligations under this Agreement will continue and DBS shall remain entitled to debit the Card Account or any other Account(s) the Cardmember maintains with DBS, with overdraft charges and/ or card transactions that are carried out before or after the termination of the Card and/or Card Account. Until such transactions and any overdraft charges that may be imposed are paid in full, the Cardholder or Cardmember (and anyother person, if any, in whose name the Card Account is maintained) shall remain liable to DBS.

Appears in 1 contract

Samples: DBS Business Advance Card Agreement

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