Common use of Transaction Limits Clause in Contracts

Transaction Limits. 5.1 You must not use or attempt to use your Citibank ATM/Debit Card to effect any Card Transaction or obtain any Cash Withdrawal or Cash Advance if: (a) the amount of the Card Transaction, Cash Withdrawal or Cash Advance exceeds the Available Balance in the relevant Account; or (b) the ATM Limit would be exceeded if the Cash Withdrawal or Cash Advance is effected; or (c) the Daily Transaction Amount would exceed the Daily Spending Limit if the Card Transaction is effected; or (d) the Monthly Transaction Amount would exceed the Monthly Spending Limit if the Card Transaction is effected. 5.2 If for any reason there is an Overdrawn Balance in any Account, whether as a result of any Citibank Debit Card Transaction, Cash Withdrawal and/or Cash Advance and whether with or without our consent, you must immediately pay us the amount of the Overdrawn Balance in such manner as we may in our reasonable discretion direct and we may communicate this direction to you by any means we deem fit.

Appears in 17 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Transaction Limits. 5.1 You must not use or attempt to use your Citibank ATM/Debit Card to effect any Card Transaction or obtain any Cash Withdrawal or Cash Advance if: (a) the amount of the Card Transaction, Cash Withdrawal or Cash Advance exceeds the Available Balance in the relevant Account; or (b) the ATM Limit would be exceeded if the Cash Withdrawal or Cash Advance is effected; or (c) the Daily Transaction Amount would exceed the Daily Spending Limit if the Card Transaction is effected; or (d) the Monthly Transaction Amount would exceed the Monthly Spending Limit if the Card Transaction is effected. 5.2 If for any reason there is an Overdrawn Balance in any Account, whether as a result of any Citibank Debit Card Transaction, Cash Withdrawal and/or Cash Advance and whether with or without our consent, you must immediately pay us the amount of the Overdrawn Balance in such manner as we may in our reasonable discretion direct and we may communicate this direction to you by any means we deem fitfit.

Appears in 1 contract

Samples: Customer Agreement

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