Use of the Card. 4.1. The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder. 4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever. 4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account. 4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account. 4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof. 4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions. 4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder. 4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 7 contracts
Samples: General Terms and Conditions, Corporate Accounts Terms & Conditions, Individual Accounts Terms & Conditions
Use of the Card. 4.1. 3.1 The Cardholder shall use agrees that the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve and the Cardholder operation of his liabilities the Card Account fully complies with and adhere to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party theretoall Applicable Laws. The Cardholder shall consequently not be relieved of his obligations to further agrees and undertakes that the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness credit balance of the amounts borne on, and contained in, Card Account will not at any time exceed the envelopes referred to amount of (a) USD50,000 or its equivalent amount in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits HKD (as determined by the Bank absolutely); or (b) HKD390,000 (and if any credit balance is in a currency other than HKD, its equivalent amount in HKD (as determined by the Bank absolutely) for the purpose of calculation), whichever amount is less. The Bank shall be entitled (but not obliged) to cancel the Card and terminate the Card Account at any time without notice upon breach of this Clause 3.1.
3.2 The Card is not transferable and shall be used exclusively by the Cardholder for his/her bona fide purchase of goods and/or services and/or cash advances and/or other legitimate purposes and transactions.
3.3 When the Card is used and sales slips are required to be signed, the Cardholder shall sign sales slips with the signature as appearing on the Card. Failure to do so will not relieve the Cardholder from time liability for the use of the Card. The Cardholder should make prior application in writing to timethe Bank if he/she wants to change his/her specimen signature.
3.4 The Cardholder shall not transfer the Card to any other person or pledge the Card as security or allow any other person to use the Card for whatever purposes.
3.5 Currencies settled in respect of all Charges incurred in all Card Transactions effected by the use of the Card in HKD will be posted to the HKD Account. Currencies settled in respect of all Charges incurred in all Card Transactions effected by the use of the Card in currencies other than HKD or CNY shall be posted into the HKD Account after conversion into HKD at the prevailing exchange rate determined by reference to the rate of exchange adopted by CUP on the conversion date plus a handling fee (if applicable) charged by the Bank as set out in the Fees Schedule.
3.6 Subject always to Clause 3.7, Charges incurred in all Card Transactions effected by the use of the Card in CNY will be posted to the CNY Account.
3.7 Charges incurred in certain Card Transactions effected by use of the Card in CNY may be posted to the HKD Account due to the settlement arrangement if the Card Transactions are processed by the merchant establishments or financial institutions in HKD.
Appears in 3 contracts
Samples: Bank of Communications China Unionpay Dual Currency Credit Card Cardholder Agreement, Bank of Communications China Unionpay Dual Currency Credit Card Cardholder Agreement, Cardholder Agreement
Use of the Card. 4.1. The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
4.9. Contactless transaction processing
Appears in 2 contracts
Samples: Individual Accounts Terms & Conditions, Individual Accounts Terms & Conditions
Use of the Card. 4.13.1. The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated appropriately rests with the Bank and shall be conclusive and binding on the Account Holderholder/s and on the Cardholder.
4.23.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.33.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.43.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of on the Account.
4.53.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to towards the Bank in respect thereof.
4.63.6. The Bank shall not be responsible to towards the Cardholder for any goods or services supplied to the Cardholder him by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to towards the Bank under the relevant Card transactions.
4.73.7. The Cardholder shall ensure the correctness of the amounts borne onborne, and contained inin the envelope referred to, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes envelope shall be checked and certified by two officers of the Bank. The certified amounts so certified shall be credited to the Account whose number is borne certified on the envelopes envelope and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holderconclusive.
4.83.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 2 contracts
Samples: Corporate Accounts Terms & Conditions, Corporate Accounts Terms & Conditions
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoeveruse by signing on the signature panel at the back of the Card. The Cardmember will be required to key in the PIN number. Refer to clause 3.21.
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable Cardmember agrees to be called in question fully bound by the Cardholder or the Account Holder.
4.8. Transactions for POS terms and ATM withdrawals are subject to the respective daily limits conditions herein set out (as determined may be varied by the Bank from time to timetime by giving notice of twenty-one (21) calendar days).
3.3 The Cardmember shall comply with all requirements, instructions and guidelines regarding use of the Card issued by the Bank from time to time in respect of all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in its absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
3.5 The Card can be used to purchase goods and services in Malaysia and overseas at all Visa and MyDebit participating merchants or outlets. Such purchases are subject to the balance available in the Cardmember’s Account and subject to the daily Purchase Limit as stated in the Product Disclosure Sheet of BSN Visa Debit Card or in the Bank’s website. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or myBSN internet banking or over the counter or any other means determined by the Bank in the future.
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorized Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave up to a maximum RM250 per transaction for Adult Account, RM200 for Teenager/Junior Account and no PIN is required. However, for transaction above RM 250, PIN is required for the processing of your transaction.
3.8 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo.
3.9 Cash withdrawals transaction through ATM can be performed subject to Withdrawal Limit as stated in the Product Disclosure Sheet or in the Bank’s website.
3.10 The Bank reserves the right to amend or vary the Purchase Limits or Withdrawal Limits at any time and a written notice of such amendment or variation will be communicated to Cardmember in any form or method as the Bank may prescribe.
3.11 The Cardmember shall observe all security measures prescribed by the Bank relating to his/her Card, Access Number or PIN or the Services provided and at no time and under no circumstances shall the Cardmember reveal his/her PIN to anyone including the Bank’s staff. If the PIN is exposed or suspected to be exposed to another person, the Cardmember shall immediately inform the Bank and change the PIN number at any BSN ATM machine or branches.
3.12 The Cardmember shall not allow or empower any third party to use his/her BSN Visa Debit Card and shall not transfer or relinquish control or ownership of the Card or use it for purposes which is not allowed transaction by the Bank.
3.13 The Cardmember is responsible for ensuring sufficient funds in the account before effecting the transaction.
3.14 The Cardmember is responsible to check transaction history from time to time via myBSN Internet Banking to ensure transactions performed are correct and notify the Bank in writing within fourteen (14) calendar days from the transaction date if there are any errors or omissions. If not, the transaction will be considered accurate.
3.15 The Cardmember is responsible to notify the Bank immediately for any unauthorized transaction upon receiving short message service (SMS) transaction alert sent by the Bank.
3.16 The Bank reserves the right to suspend customer account in the event that the Bank identified the customer misused the account for auto-xxxxxxxx transaction i.e. multiple declined transactions due to insufficient funds.
Appears in 2 contracts
Samples: Terms and Conditions, Terms and Conditions
Use of the Card. 4.1. 5.1 The Cardholder cardholder shall use the Card and operate the Account account in a satisfactory manner. The , as required from time to time by the MCB.The decision as to whether the Card is being so used or the Account account is being so operated rests with the Bank MCB and shall be conclusive and binding on the Account Holder/s account holder and on the Cardholdercardholder.
4.2. 5.2 The Bank will bear MCB accepts no responsibility for the refusal of any merchant or establishment to accept the Card card for any reason whatsoever.
4.3. Cash 5.3 The amount of cash withdrawals that are such as it is recorded by the ATM, ,and of payments effected by the Cardholder with cardholder through the use of his Card, shall be debited to his Bank Accountfrom the bank account.
4.4. 5.4 Before using his Cardcard, the Cardholder cardholder shall ensure that there are sufficient funds on his Account standing to the credit of the account to cover the payment of the Card transactions. Furthermoretransaction, or that prior arrangements have been made with the Cardholder will not operate the Account in MCB for such a way to exceed the available balance of the Accountpayment.
4.5. 5.5 The fraudulent, incorrect or illegal use of the Card card by either the cardholder, or any person whomsoever other party, shall not relieve the Cardholder of cardholder from his liabilities to the Bank MCB in respect thereof.
4.6. 5.6 The Bank MCB shall not be responsible to the Cardholder cardholder for any goods or services supplied to the Cardholder by cardholder b y merchants, or to any other person to whom the said goods and services have been so supplied. Disputes arising from the supply of such goods and or services shall be settled directly with the merchants without the Bank MCB being constituted party thereto. The Cardholder cardholder shall consequently not be relieved of his obligations obligation to the Bank MCB under the relevant relative Card transactions.
4.7. 5.7 The Cardholder cardholder shall ensure the correctness of the amounts amount borne on, and contained in, the envelopes referred to in clause 1.3 of Part III Clause 2(iii) above. .The contents of the envelopes shall be checked and certified by two officers of the Bank. The MCB.The amounts so certified shall be credited to the Account account whose number is borne on the envelopes envelope and shall be final and conclusive and not liable to be called in question by the Cardholder cardholder or the Account Holderaccount holder
5.8 The Cardholder undertakes to exercise the utmost care to prevent the Card from being lost or stolen.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 2 contracts
Samples: MCB Mastercard Platinum Debit Card Rules & Regulations, MCB Mastercard Platinum Debit Card Rules & Regulations
Use of the Card. 4.1. The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated appropriately rests with the Bank and shall be conclusive and binding on the Account Holderholder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of on the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to towards the Bank in respect thereof.
4.6. The Bank shall not be responsible to towards the Cardholder for any goods or services supplied to the Cardholder him by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to towards the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne onborne, and contained inin the envelope referred to, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes envelope shall be checked and certified by two officers of the Bank. The certified amounts so certified shall be credited to the Account whose number is borne certified on the envelopes envelope and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holderconclusive.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Use of the Card. 4.15.1 Each Card may be used in respect of the Card Account at any branch of the Bank and other financial institutions, ATMs, and merchants which accept such Card for effecting Transactions.
5.2 A Card may also be used to access a Cardmember's bank account with the Bank, and such Cardmember agrees that such service shall be subject to any relevant terms and conditions of the Bank from time to time in effect in addition to the terms and conditions under this Agreement. The Cardholder Each Cardmember is advised to read through such terms and conditions of the Bank before proceeding to use such service.
5.3 Each Cardmember shall use the Card a Card, and operate the Account in Holder shall ensure that each Cardmember uses a satisfactory manner. The decision Card:
(a) so that the credit limit for each Card Account (including but not limited to any cash advance limit or limit on Balance Transfer amounts) from time to time notified by the Bank to the Account Holder as applicable to whether such Card Account is not exceeded; and
(b) within the validity date (if any) and the expiry date embossed on a Card.
5.4 A Cardmember's right to use a Card shall be suspended:
(a) if such Card is being so used lost or stolen; or
(b) if the Bank is informed by a Cardmember that the PIN is or may be known to any other Person; or
(c) if the Bank believes, in its sole discretion, that there are reasonable grounds for suspension of such Card.
5.5 The Account Holder and any Cardmember may request that a renewal and/or replacement Card be issued to each Cardmember following expiry, loss or theft of a Card. If any renewal and/or replacement Card is being so operated rests issued, the Bank shall be entitled to charge the relevant fee.
(a) The Bank may at any time in its sole discretion and without giving any reasons, terminate any right of any Cardmember to use his/her Card to access his/her bank account with the Bank on reasonable notice.
(b) The Bank shall notify any Cardmember in writing of such termination referred to in Clause 5.6(a), and such Cardmember shall then return such Card, duly cut in two or otherwise defaced, to the Bank. Until such Card is returned to the Bank, and a replacement Card is issued in accordance with Clause 5.6 (c) below, the right to use his/her Card by such Cardmember shall be conclusive and binding on the Account Holder/s and on the Cardholdersuspended.
4.2(c) If a Cardmember has returned such Card in accordance with Clause 5.6 (b) above, the Bank shall issue to such Cardmember a replacement Card, which shall no longer enable such Cardmember to access his/her bank account with the Bank.
5.7 No Card is transferable and a Cardmember shall not permit his/her Card to be used by any other person in any circumstances whatsoever.
5.8 Each Cardmember undertakes to act in good faith at all times in relation to all dealings with the Bank.
5.9 A Cardmember shall not use a Card or the Card Account for any illegal purposes. The Bank will bear no responsibility is entitled, in its sole and absolute discretion, to refuse to act on or give effect to any Card Transaction instruction if the Bank has reason to believe that such instruction is given in connection with any illegal transaction. The Bank reserves the right to reverse or cancel any Card Transaction which it suspects or has reason to believe is for the refusal purpose of or otherwise related to any merchant or establishment illegal transaction. The Cardmember agrees that the Bank does not owe him/her any duty and/or obligation whatsoever to accept monitor and block the use of the Card for any reason whatsoeverunlawful activities.
4.3. Cash withdrawals that are recorded by 5.10 If any Cardmember uses the ATMCard to purchase goods and/or services through online internet sites or portals, and payments effected by the Cardholder with his Card, Cardmember shall be debited to his Bank Account.
4.4solely responsible for the security of such use at all times. Before using his Card, The Cardmember agrees that the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment entry of the Card transactions. Furthermore, information on the Cardholder will not operate the Account in such a way to exceed the available balance internet shall be sufficient proof of the Account.
4.5. The fraudulent, incorrect or illegal use authenticity of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6such instructions. The Bank shall not be responsible under any obligation to verify the Cardholder identity or the authority of the person entering the Card information and the Bank shall not be liable for acting on such use of the Card regardless of whether the person is authorised or otherwise and regardless of the circumstances prevailing at the time of the Transaction. However, the Bank reserves the discretion to not carry out any such Transactions over the internet if the Bank has any reason to doubt its authenticity or if in the Bank’s opinion it is unlawful or otherwise improper to do so or for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactionsother reason.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Cardmember Agreement
Use of the Card. 4.14.1 The Account Holder and the Bank shall upon conclusion of the Agreement agree on a maximum amount (hereinafter the Credit), within which the Bank shall grant the Account Holder credit every calendar month from the first until the last day of the calendar month (hereinafter the Payment Period).
4.2 The Account Holder shall upon agreement with the Bank assign a maximum amount to the Cardholder (hereinafter the Monthly Limit), within which the Cardholder may carry out Transactions during the Payment Period. The Cardholder shall use may not exceed the Monthly Limit or the Credit when carrying out the Transactions.
4.2.1 If a Credit is used with several Cards (if more than one Cardholder uses the Credit), the aggregated amount of Monthly Limits, assigned to the Cards, may exceed that of the Credit. If the unused part of the Credit is less than the actual Monthly Limit assigned to the Cardholder, the Cardholder may carry out Transactions only within the unused part of Credit (i.e. less than the actual Monthly Limit assigned to him).
4.3 The Cardholder may carry out Transactions only in the automated teller machines (ATM), POS-terminals and other places of settlement marked with the Card logo.
4.4 When carrying out Transactions with the Card, the Cardholder is obliged to present his personal identity document upon demand of the person authorised to service the Card (hereinafter: service provider) and operate agree with recording its data on the Account in a satisfactory manner. sales receipt.
4.5 The decision as to whether Transaction carried out with the Card is being so used binding to the Cardholder, if he has given his consent to it, i.e. has authorised the Transaction. A Transaction is considered authorised by signing the sales receipt, confirming the Transaction by entering the PIN; entering the Card data on the webpage of the service provider in the space foreseen for that purpose when paying on the Internet, or for Transactions with pre-authorisation, forwarding the Account is being so operated rests with Card data to the service provider by the Cardholder. When performing a transaction, the Bank and shall be conclusive and binding on the Account Holder/s and on service provider may request the additional identification of the Cardholder.
4.24.6 The service provider may upon demand of the Bank refuse to service the Card or confiscate the Card.
4.7 The Transactions may be carried out only by the Cardholder personally. The Bank has a right to assume that all Card Transactions have been performed by the Cardholder and according to the will bear no responsibility for of the refusal of any merchant Account Holder until the opposite has been proved or establishment to accept until the Account Holder and/or Cardholder have informed the Bank in accordance with Clause 3.3.
4.8 The Cardholder may not use the Card for any reason whatsoeverillegal purpose, including for purchasing the goods and services which according to the legislation of the Republic of Estonia are prohibited.
4.3. Cash withdrawals that are recorded 4.9 The Bank may disregard the order forwarded by the ATMCardholder, and payments effected by if:
4.9.1 The Account of the Cardholder with his CardAccount Holder is blocked or attached; AS SEB Pank Supervisory authority: Financial Supervision Authority Tornimäe 2, shall be debited to his Bank Account15010 TALLINN Sakala 4, 15030 TALLINN Tel.: 000 00 00 000 Tel.: 000 00 00 000 E-mail: xxxx@xxx.xx E-mail: xxxx@xx.xx 216 209
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment 4.9.2 The use of the Card transactions. Furthermore, is blocked;
4.9.3 The order exceeds the unused part of the assigned Credit and/or the Monthly Limit;
4.9.4 On any other grounds as provided in legislation.
4.10 The Bank shall:
4.10.1 Fulfil the orders of the Cardholder will not operate on the terms established in the terms of settlement of the Bank;
4.10.2 Fulfil any other obligations provided in legislation.
4.11 The Cardholder undertakes to inform the Bank of any malfunctions or disturbances in carrying out the Transactions.
4.12 The Cardholder and the Account in such a way to exceed the available balance Holder may at any time demand blocking of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever the Bank.
4.13 The Bank may block the use of the Card either fully or partially for certain procedures (e.g. use of the Card for making Internet purchases, use of the Card in a certain state or area, transactions based on the magnetic strip of the Card) if:
4.13.1 There exist grounds for blocking proceeding from the Agreement, the Bank’s general terms and conditions or legislation;
4.13.2 The Account Holder or Cardholder does not duly perform one or several of the obligations proceeding from the Agreement or collateral agreements entered into with the purpose of guaranteeing the performance of the Agreement;
4.13.3 The Bank has become aware of a fact, pursuant to which it may reasonably conclude that the solvency of the Account Holder has deteriorated or which, in Bank’s opinion, calls proper performance of the Agreement into question;
4.13.4 The Bank has become aware of a fact, pursuant to which it may reasonably conclude that the Card is being used or may be used against the will of the Account Holder or involves fraud being committed by the Account Holder or the Cardholder;
4.13.5 The Cardholder has not used the Card for at least 6 consecutive months.
4.14 The Bank shall not relieve release the Cardholder blocking of his liabilities the use of the Card within 10 calendar days as of receiving the application of the Account Holder if the circumstances forming the basis of blocking have lapsed.
4.15 The Account Holder undertakes to present to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchantsdocuments (statements of account, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness proof of the amounts borne onreceipt of revenue, and contained infinancial statements, etc.) supporting his/her solvency by the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified date given by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: International Credit Card Agreement
Use of the Card. 4.1. The Only the Cardholder shall use has the Card and operate the Account in a satisfactory manner. The decision as right to whether the Card is being so used or the Account is being so operated rests perform Operations with the Bank and shall be conclusive and binding on the Account Holder/s and on the CardholderCard.
4.2. The Bank will bear no responsibility for Upon issuance of the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account be provided with personal Means of Authentication (e.g. PIN code), which shall be deemed to cover be the Cardholder’s signature in performing the Operations.
4.3. At the Cardholder’s request, Wallester has the right to send the physical payment card and the Means of Authentication by post to the address notified to Bank by the Cardholder. Upon receipt of the Card transactions. Furthermorephysical payment card, the Cardholder will is obliged to make sure that the envelope with the Card and its Means of Authentication have not operate been opened nor damaged. The physical payment card is activated either in the Account self-service environment on the website xxx.xxxxxxxx.xx or in such a way to exceed another manner agreed with the available balance of Cardholder.
4.4. The Cardholder may start performing Operations once the AccountCard has been activated.
4.5. The fraudulentCardholder has the right to perform Operations within the Free Limit and only in Terminals marked with the Visa logo, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereofexcept for cash withdrawals from ATMs.
4.6. The Bank Cardholder may not exceed the Free Limit in performing Operations (including fees and expenses relating to Operations).
4.7. When using the Card, the Cardholder is required by Wallester to use Strong Authentication, except within the limit prescribed for Operations performed with a Near Field Communication device if the Cardholder agrees to the performance of the Operation by touching the Near Field Communication device.
4.8. If the Cardholder has given his consent to the performance of the Operation, the Cardholder shall not have the right to be refunded for the Operation, unless the person who provided the corresponding service agrees to the refund of the amount paid for the Operation.
4.9. At the request of the person servicing the Card, the Cardholder is obliged to present an identity document and agree to the recording of the document particulars.
4.10. The Cardholder accepts that all Operations performed by the Cardholder and/or by using the Means of Authentication of the Card or by entering the required particulars in the Internet environment and/or by touching the Near Field Communication device are valid for Wallester (including, are authorised within the meaning of the Law of Obligations Act) and shall be executed by Wallester.
4.11. Wallester has the right to refuse to execute the Operation performed by the Cardholder if:
4.11.1. the Card is invalid or closed or the use of the Card is blocked;
4.11.2. the Operation amount (including the Operation fees and expenses) exceeds the Free Limit;
4.11.3. on any other basis arising from the Payment Card Terms and Conditions or the legislation.
4.12. Wallester has the right to block the use of the Card until the circumstances have been verified if:
4.12.1. Wallester has learned about a circumstance on the basis of which it can be reasonably concluded that the Card is available and/or its Means of Authentication are known to a person who does not have the right to use the Card;
4.12.2. the use of the Card may be associated with fraud on the part of the Cardholder;
4.12.3. there is another basis for blocking specified in the Agreement.
4.13. If the basis for blocking the Card pursuant to Clause 4.12 does not cease to exist or there exists any other basis for closing the Credit Limit as specified in the Agreement, Wallester has the right to close the Card.
4.14. The Cardholder has the right to request that the Card be blocked and/or closed at any time.
4.15. A blocked, closed, or invalid Card may not be used.
4.16. Unless otherwise provided by the Imperative Norms, Wallester shall not be responsible liable for any damage caused to the Cardholder or any other third party by Wallester’s blocking the use of the Card or closing the Card in accordance with the Payment Card Terms and Conditions. This shall also be the case if Wallester blocks the use of the Card in good faith based on incorrect information.
4.17. Wallester has the right to bring in third parties for any goods executing Card Operations. Wallester shall not be liable for actions or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply omissions of such goods persons.
4.18. Wallester has the right to determine the Card limits and services shall be settled directly with the merchants without the Bank being constituted party theretominimum and maximum amount of a one-off Operation.
4.19. The Cardholder shall consequently not be relieved of his obligations to inform the Bank under of any malfunctions or disturbances that prevent carrying out the relevant Card transactionsOperation.
4.74.20. The Cardholder shall ensure Card has a fixed term and is valid until the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne date indicated on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account HolderCard.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Payment Card Terms and Conditions
Use of the Card. 4.1. 5.1 The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with valid worldwide; however, the Bank and shall be conclusive and binding on the Account Holder/s and on service establishments concerned reserve the Cardholder.
4.2. The Bank will bear no responsibility for right, at any time, to refuse the refusal use of any merchant or establishment to accept the Card at a service establishment for any reason whatsoever. The Card may be used only for bona fide personal or official purposes and its use is not permitted to be exploited commercially in the business of the Cardmember. It is clarified that Charges incurred, may in case of some service establishments, include a charge for availing of the purchase or other facility.
4.3. Cash withdrawals that are recorded by 5.2 The Cardmember shall at all times keep his PIN and T-PIN confidential and separate from the ATMCard, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder also shall ensure that there are sufficient funds on his Account to cover the payment Card is kept in a safe place and is not used by any other individual. The Cardmember shall be fully liable for all transactions made with the PIN and T-PIN, whether with or without the knowledge of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the AccountCardmember.
4.5. The fraudulent, incorrect or illegal 5.3 Upon use of the Card by any person whomsoever at a service establishment, the Cardmember must collect the copy of the charge slip at the time of signing the charge slip. Normally, the Bank shall not relieve the Cardholder provide copies of his liabilities other charge slips to the Bank in respect thereofCardmember. However, at the sole discretion of the Bank, copies may be provided on payment of additional fees as determined by the Bank.
4.65.4 The Cardmember accepts that the Bank may selectively agree to provide him with the facility of effecting mail order or telephone order purchases or transactions through internet, and in such cases, the charge slips will not be signed by the Cardmember at the time of Card utilization. Accordingly, the Cardmember accepts that, even in the event of any dispute regarding the authenticity or validity of such a purchase or a charge, for any reason whatsoever, the Cardmember will settle the outstandings. Any such dispute shall be a matter between and will be settled by the Cardmember and the concerned service establishment. The Bank shall not be responsible liable, in any manner whatsoever, for the same.
5.5 The Card may only be used within the credit limit notified by the Bank to the Cardholder for any goods Cardmember and on or services supplied prior to the Cardholder last date of the month embossed on its face.
5.6 The Cardmember agrees that he/she has made a standing request that, subject to the sole discretion of the Bank, renewal and/or replacement Cards be issued to each Cardmember until such time the Bank is notified in writing by merchantsthe Cardmember. The Bank reserves the sole right of renewing the Card facility on expiry, loss, damage, or to any person to whom theft of the said goods and services have been suppliedCard. Disputes arising from In the supply event of such goods and services non-renewal, the Cardmember shall be settled directly with immediately settle the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations balance due to the Bank under the relevant Card transactionswithout demur or delay.
4.75.7 The Cardmember undertakes to act in good faith at all times in relation to all dealings with the Card(s) and the Bank.
5.8 The Bank reserves unto itself the absolute discretion and liberty to suspend or reduce the credit limit, decline or honour an authorization request on the Card at any point of time without assigning any reason whatsoever. The Cardholder Bank shall ensure not be liable for any consequence arising out of any loss/ damage suffered by the correctness Cardmember on account of such suspension, decline or reduction in the credit limit of the amounts borne on, and contained inCard. 6 Breach:
a) Notwithstanding any other provision of this agreement, the envelopes referred Cardmember will indemnify the Bank for any loss to in clause 1.3 of Part III above. the Bank directly or indirectly resulting from such a breach.
b) The contents of the envelopes shall Cardmember will be checked and certified by two officers of liable to pay the Bank. The , upon demand, all outstanding amounts so certified shall be credited from the Cardmember to the Account whose number is borne on the envelopes bank, whether due and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject payable to the respective daily limits as determined by Bank at the Bank from time to timedate of such demand or not.
Appears in 1 contract
Samples: Cardmember Agreement
Use of the Card. 4.1. The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
4.9. Contactless transaction processing
4.9.1. The Card is issued by the Bank allows for contactless transaction processing. This means that the Cardholder may execute a transaction which shall be processed without requiring the Card to be swiped or inserted at a reader/terminal or requiring the Cardholder’s PIN provided that the transaction limit set out by the Bank is not exceeded. The said transaction limit may be amended from time to time at the Bank’s discretion.
4.9.2. The contactless payment method via Mastercard network can be performed at any POS terminal which displays Mastercard contactless logo.
4.9.3. Contactless transactions are also subject to the transaction and/or daily limits which shall be revised by the Bank from time to time.
4.9.4. Where the Cardholder has exceeded his limit, he may be required to enter his PIN to complete a transaction.
4.9.5. Contactless Transactions are also subject to terminal limits which shall be set by the acquiring bank.
4.9.6. If Contactless Transaction exceeds one or more of the limits, the Cardholder can still make purchases by swiping or inserting the Card into the reader/terminal and inputting the PIN.
4.9.7. For contactless transactions, there are no chargeback rights.
Appears in 1 contract
Use of the Card. 4.18.1. Your Card is an internationally valid credit card and valid world-wide except as provided in these Terms & Conditions. The Cardholder shall Card is acceptable at any Merchant Establishments accepting Rupay cards.
8.2. However, the Bank reserves the right to decline the use of the Card on account of but not restricted to regulatory restrictions, technical difficulties and operate unforeseen circumstances.
8.3. A Merchant Establishment has the Account in a satisfactory manner. The decision as right, at any time, to whether refuse the use of the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card at that Merchant Establishment for any reason whatsoever.
4.38.4. Cash withdrawals that are recorded For any charges levied by the ATMMerchant Establishment towards the services availed by you, and payments effected by the Cardholder with his Card, same shall be debited to his settled with the Merchant Establishment directly and Bank Account.
4.4shall in no manner be held liable for them or the quality of service received or items purchased. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal On use of the Card at the Merchant Establishment, it is recommended that you collect a copy of the transaction/payment slip.
8.5. All the contents of the Statement will be deemed to be correct and accepted if you do not inform us of any discrepancies within 30 days of the statement date. In the event of billing disputes/discrepancies, we shall investigate and confirm the liability for such transactions. For certain disputes, we may offer a temporary credit during the period of investigation, which may be reversed along with applicable charges subject to outcome of the investigation. GST levied will not be reversed on any dispute on fees and charges or interest.
8.6. Your right to use the Card shall be determined forthwith:
8.6.1. in the event of termination as defined in this Agreement; or
8.6.2. in the event of loss / misuse or theft of the card
8.6.3. By usage of the Card, you are deemed to have made a standing request that on expiry of renewal period of the Card, a replacement Card be issued to you until you request closure of the Card from the App or by any person whomsoever contacting Customer Care, and such renewal and/or replacement shall not relieve the Cardholder of his liabilities be subject to the sole discretion of the Bank.
8.7. You shall act in good faith at all times in relation to all dealings with the Bank.
8.8. You can use the Card for payments in currencies other than Indian Rupees, only in compliance with the laws applicable in India including inter alia the Foreign Exchange Management Act, 1999 (FEMA). Further, the Card should not be used to conduct any transaction on the websites that are prohibited under the laws of India, that may result in your criminal liability.
8.9. You shall, however, not use the Card for making payments in foreign currency in Nepal or Bhutan.
8.10. You accept full responsibility for wrongful use in contravention to these conditions and undertake and agree to indemnify the Bank in respect to make good any loss, damage, interest, conversion, any other financial charge that the Bank and/or, Scapic may incur and/or suffer as a result of your violations of the provisions thereof.
4.68.11. In compliance with RBI’s circular of January 15, 2020, at the time of issue, your card shall be enabled for use only at contact based PoS or ATMs within India, in case of virtual cards, the same is not applicable.. The facility to enable or disable online transactions (domestic and international), international transactions and contactless transactions will be provided to you from the App.
8.12. Do not use your Internationally valid Card on the Internet or otherwise for purchase of prohibited items like lottery tickets, banned or proscribed magazines, participation in sweepstakes, payment for callback services, remittance in any form towards overseas forex trading, margin calls to overseas exchanges/overseas counterparty, trading in foreign exchange in domestic/overseas markets etc.
8.13. Bank reserves the absolute discretion and liberty to decline or honour the authorisation requests on the Card without providing any reason to the cardholder. In certain cases, subject to its sole discretion, Bank may require you to contact Customer Care to authenticate the transaction before approving it and charging to the Card Account.
8.14. Further, you agree that you will not use the Card as payment for any illegal / unlawful purchase/purposes. The Bank shall Card should be used only for lawful, bona fide personal purposes and must not be responsible used for any money laundering, anti-social or speculative activities or must not be exploited commercially in business (e.g. for working capital purposes).
8.15. If the Card is found to be used for prohibited, restricted, commercial purposes or any purposes as mentioned above, Bank may, at its sole discretion, exercise its right to close the concerned Card without any notice to you.
8.16. Bank has the right to enquire over phone or through any other means of formal communication and seek details, information, proof etc. about the Card transactions, pattern of use, etc. and you are contractually bound to provide the information sought by Bank when requested. Unsatisfactory responses or no responses from you may lead to blocking or termination of your Card account by Bank.
8.17. Transactions on the Card will be allowed only up to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply unused amount of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne Total Credit Limit on the envelopes and shall be final and conclusive and not liable to be called in question by Card Account at the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Cardholder Agreement
Use of the Card. 4.1. 5.1 The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with valid worldwide; however, the Bank and shall be conclusive and binding on the Account Holder/s and on service establishments concerned reserve the Cardholder.
4.2. The Bank will bear no responsibility for right, at any time, to refuse the refusal use of any merchant or establishment to accept the Card at a service establishment for any reason whatsoever. The Card may be used only for bona fide personal or official purposes and its use is not permitted to be exploited commercially in the business of the Cardmember. It is clarified that Charges incurred, may in case of some service establishments, include a charge for availing of the purchase or other facility.
4.3. Cash withdrawals that are recorded by 5.2 The Cardmember shall at all times keep his PIN and T-PIN confidential and separate from the ATMCard, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder also shall ensure that there are sufficient funds on his Account to cover the payment Card is kept in a safe place and is not used by any other individual. The Cardmember shall be fully liable for all transactions made with the PIN and T-PIN, whether with or without the knowledge of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the AccountCardmember.
4.5. The fraudulent, incorrect or illegal 5.3 Upon use of the Card by any person whomsoever at a service establishment, the Cardmember must collect the copy of the charge slip at the time of signing the charge slip. Normally, the Bank shall not relieve the Cardholder provide copies of his liabilities other charge slips to the Bank in respect thereofCardmember. However, at the sole discretion of the Bank, copies may be provided on payment of additional fees as determined by the Bank.
4.65.4 The Cardmember accepts that the Bank may selectively agree to provide him with the facility of effecting mail order or telephone order purchases or transactions through internet, and in such cases, the charge slips will not be signed by the Cardmember at the time of Card utilization. Accordingly, the Cardmember accepts that, even in the event of any dispute regarding the authenticity or validity of such a purchase or a charge, for any reason whatsoever, the Cardmember will settle the outstandings. Any such dispute shall be a matter between and will be settled by the Cardmember and the concerned service establishment. The Bank shall not be responsible liable, in any manner whatsoever, for the same.
5.5 The Card may only be used within the credit limit notified by the Bank to the Cardholder for any goods Cardmember and on or services supplied prior to the Cardholder last date of the month embossed on its face.
5.6 The Cardmember agrees that he/she has made a standing request that, subject to the sole discretion of the Bank, renewal and/or replacement Cards be issued to each Cardmember until such time the Bank is notified in writing by merchantsthe Cardmember. The Bank reserves the sole right of renewing the Card facility on expiry, loss, damage, or to any person to whom theft of the said goods and services have been suppliedCard. Disputes arising from In the supply event of such goods and services non-renewal, the Cardmember shall be settled directly with immediately settle the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations balance due to the Bank under the relevant Card transactionswithout demur or delay.
4.75.7 The Cardmember undertakes to act in good faith at all times in relation to all dealings with the Card(s) and the Bank.
5.8 The Bank reserves unto itself the absolute discretion and liberty to suspend or reduce the credit limit, decline or honour an authorization request on the Card at any point of time without assigning any reason whatsoever. The Cardholder Bank shall ensure not be liable for any consequence arising out of any loss/ damage suffered by the correctness Cardmember on account of such suspension, decline or reduction in the credit limit of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account HolderCard.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Cardmember Agreement
Use of the Card. 4.15.1 The Card is valid worldwide; however, the Bank and the Service Establishments concerned reserve the right, at any time, to refuse the use of the Card at a service establishment for any reason whatsoever. The Card may be used only for bona fide personal or official purposes and its use is not permitted to be exploited commercially in the business of the Cardholder. It is clarified that Charges incurred may in case of some service establishments, include a Charge for availing of the purchase or other facility.
5.2 The Cardholder shall at all times keep his PIN and T-PIN confidential and separate from the Card, and also shall ensure that the Card is kept in a safe place and is not used by any other individual. The Cardholder shall use be fully liable for all transactions made with the Card and operate and/or PIN and/or T-PIN, whether with or without the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on knowledge of the Cardholder.
4.25.3 Upon use of the Card at a service establishment, the Cardholder must collect the copy of the Charge slip at the time of signing the Charge slip. Normally, the Bank shall not provide copies of other Charge slips to the Cardholder. However, at the sole discretion of the Bank, copies may be provided on payment of additional fees as determined by the Bank.
5.4 The Cardholder accepts that the Bank may selectively agree to provide him/her with the facility of effecting mail order or telephone order purchases or transactions through the internet, and in such cases, the Charge slips will bear no responsibility for not be signed by the refusal Cardholder at the time of Card utilization. Accordingly, the Cardholder accepts that, even in the event of any merchant dispute regarding the authenticity or establishment to accept the Card validity of such a purchase or a Charge, for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate settle the Account in outstandings. Any such dispute shall be a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card matter between and will be settled by any person whomsoever shall not relieve the Cardholder of his liabilities to and the Bank in respect thereof.
4.6concerned Service Establishment. The Bank shall not be responsible liable, in any manner whatsoever, for the same.
5.5 The Card may only be used on or prior to the last date of the month embossed on its face.
5.6 The Cardholder for any goods or services supplied agrees that he/she has made a standing request that, subject to the sole discretion of the Bank, renewal and/or replacement Cards be issued to each Cardholder until such time the Bank is notified in writing by merchantsthe Cardholder to the contrary. The Bank reserves the sole right of renewing the Card facility on expiry, loss, damage, or to any person to whom theft of the said goods and services have been suppliedCard. Disputes arising from In the supply event of such goods and services shall be settled directly with non- renewal, the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations immediately settle the balance due to the Bank under the relevant Card transactionswithout demur or delay.
4.75.7 The Cardholder undertakes to act in good faith at all times in relation to all dealings with the Card(s) and the Bank.
5.8 The Bank reserves unto itself the absolute discretion and liberty to suspend or reduce the Credit Limit, decline or honour an authorization request on the Card at any point of time without assigning any reason whatsoever. The Cardholder Bank shall ensure the correctness not be liable for any consequence arising out of the amounts borne on, and contained in, the envelopes referred any loss and/or damage and/or injury to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question reputation suffered by the Cardholder on account of such suspension, decline or reduction in the Account HolderCredit Limit or of an authorization request on the Card.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Cardholder Agreement
Use of the Card. 4.13.1 The Cardholder and the Employer shall ensure that the Cardholder, and no one else, may use the Card to carry out Card Transactions for the period terminating on the Expiry Date, subject to the terms and conditions of this Agreement.
3.2 The Card remains the property of the Bank at all times. The Cardholder and/or the Employer must forthwith return, or ensure the return of, the Card to the Bank at the Bank’s request (cut cross-wise in half for your protection) which may be made at any time without giving any reason.
3.3 Without prior written authorisation from the Bank, each of the Cardholder and the Employer shall not incur liabilities such that the Current Balance exceeds the Credit Limit at any one time.
3.4 The Employer is fully responsible for the total Current Balance notwithstanding that the Credit Limit may have been exceeded.
3.5 Any request (by mail, by way of any Electronic Equipment or otherwise) to a person for the supply of goods and/or services to be charged to the Card Account constitutes authority: (a) for that person to issue a sales voucher for the amount to be charged; and (b) for the Bank to debit the Card Account with such amount charged.
3.6 If the Card Transactions are denominated in a currency other than the Card Account, the Bank shall be entitled to convert the currency of the Card Transaction into the currency of the Card Account at the wholesale foreign exchange rate determined by the MasterCard card associations on the day the Bank receives the transactions, also known as the transaction posting date. We may agree with MasterCard to settle with them in the currency of the Card Account at a time and rate set by them. The Bank also charges an administrative fee for such Card Transactions at a rate of up to 1.5% of the transaction amount plus any other fees levied by the card association. All transactions are listed in your monthly statements in the currency of the transaction and the currency of the Card Account.
3.7 Notwithstanding and without prejudice to any other provisions of this Agreement, the Bank is entitled without prior notice and reason, to withdraw at any time the Cardholder’s right to use the Card and operate the Account in a satisfactory manner. The decision as may refuse to whether the permit any Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the CardholderTransaction.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded 3.8 If authorised by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his CardBank, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of may use the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods obtain Cash Advances and services have been supplied. Disputes arising from the supply of such goods and services each Cash Advance shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits a finance charge and a cash advance fee (as determined by the Bank from time to timespecified in Clause 4.5).
Appears in 1 contract
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoeveruse by signing on the signature panel at the back of the Card. The Cardmember will be required to key in the PIN number. Refer to clause 3.21.
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable Cardmember agrees to be called in question fully bound by the Cardholder or the Account Holder.
4.8. Transactions for POS terms and ATM withdrawals are subject to the respective daily limits conditions herein set out (as determined may be varied by the Bank from time to timetime by giving notice of twenty-one (21) calendar days).
3.3 The Cardmember shall comply with all requirements, instructions and guidelines regarding use of the Card issued by the Bank from time to time in respect of all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in its absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
3.5 The Card can be used to purchase goods and services in Malaysia and overseas at all Visa and MyDebit participating merchants or outlets. Such purchases are subject to the balance available in the Cardmember’s Account and subject to the daily Purchase Limit as stated in the Product Disclosure Sheet of BSN Visa Debit Card or in the Bank’s website. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or myBSN internet banking or over the counter or any other means determined by the Bank in the future.
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorised Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave up to a maximum RM250 per transaction for Adult Account, RM200 for Teenager Account and no PIN is required. However, for transaction above RM 250, PIN is required for the processing of your transaction.
3.8 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo.
3.9 Cash withdrawals transaction through ATM can be performed subject to Withdrawal Limit as stated in the Product Disclosure Sheet or in the Bank’s website.
3.10 The Bank reserves the right to amend or vary the Purchase Limits or Withdrawal Limits at any time and a written notice of such amendment or variation will be communicated to Cardmember in any form or method as the Bank may prescribe.
3.11 The Cardmember shall observe all security measures prescribed by the Bank relating to his/her Card, Access Number or PIN or the Services provided and at no time and under no circumstances shall the Cardmember reveal his/her PIN to anyone including the Bank’s staff. If the PIN is exposed or suspected to be exposed to another person, the Cardmember shall immediately inform the Bank and change the PIN number at any BSN ATM machine or branches.
3.12 The Cardmember shall not allow or empower any third party to use his/her Card and shall not transfer or relinquish control or ownership of the Card or use it for purposes which is not allowed transaction by the Bank.
3.13 The Cardmember is responsible for ensuring sufficient funds in the account before effecting the transaction.
3.14 The Cardmember is responsible to check transaction history from time to time via myBSN Internet Banking to ensure transactions performed are correct and notify the Bank in writing within fourteen (14) calendar days from the transaction date if there are any errors or omissions. If not, the transaction will be considered accurate.
3.15 The Cardmember is responsible to notify the Bank immediately for any unauthorised transaction upon receiving short message service (SMS) transaction alert sent by the Bank.
3.16 The Bank reserves the right to suspend customer account in the event that the Bank identified the customer misused the account for auto-xxxxxxxx transaction i.e. multiple declined transactions due to insufficient funds.
Appears in 1 contract
Samples: Terms and Conditions
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoeveruse by signing on the signature panel at the back of the Card. The Cardmember will be required to key in the PIN number. Refer to clause 3.21.
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable Cardmember agrees to be called in question fully bound by the Cardholder or the Account Holder.
4.8. Transactions for POS terms and ATM withdrawals are subject to the respective daily limits conditions herein set out (as determined may be varied by the Bank from time to timetime by giving notice of twenty-one (21) calendar days).
3.3 The Cardmember shall comply with all requirements, instructions and guidelines regarding use of the Card issued by the Bank from time to time in respect of all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in its absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
3.5 The Card can be used to purchase goods and services in Malaysia and overseas at all Visa and MyDebit participating merchants or outlets. Such purchases are subject to the balance available in the Cardmember’s Account and subject to the daily Purchase Limit as stated in the Product Disclosure Sheet of BSN Visa Debit Card or in the Bank’s website. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or myBSN internet banking or over the counter or any other means determined by the Bank in the future.
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorized Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave up to a maximum RM250 per transaction for Adult Account, RM200 for Teenager Account and no PIN is required. However, for transaction above RM 250, PIN is required for the processing of your transaction.
3.8 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo.
3.9 Cash withdrawals transaction through ATM can be performed subject to Withdrawal Limit as stated in the Product Disclosure Sheet or in the Bank’s website.
3.10 The Bank reserves the right to amend or vary the Purchase Limits or Withdrawal Limits at any time and a written notice of such amendment or variation will be communicated to Cardmember in any form or
3.11 The Cardmember shall observe all security measures prescribed by the Bank relating to his/her Card, Access Number or PIN or the Services provided and at no time and under no circumstances shall the Cardmember reveal his/her PIN to anyone including the Bank’s staff. If the PIN is exposed or suspected to be exposed to another person, the Cardmember shall immediately inform the Bank and change the PIN number at any BSN ATM machine or branches.
3.12 The Cardmember shall not allow or empower any third party to use his/her BSN Visa Debit Card and shall not transfer or relinquish control or ownership of the Card or use it for purposes which is not allowed transaction by the Bank.
3.13 The Cardmember is responsible for ensuring sufficient funds in the account before effecting the transaction.
3.14 The Cardmember is responsible to check transaction history from time to time via myBSN Internet Banking to ensure transactions performed are correct and notify the Bank in writing within fourteen (14) calendar days from the transaction date if there are any errors or omissions. If not, the transaction will be considered accurate.
3.15 The Cardmember is responsible to notify the Bank immediately for any unauthorized transaction upon receiving short message service (SMS) transaction alert sent by the Bank.
3.16 The Bank reserves the right to suspend customer account in the event that the Bank identified the customer misused the account for auto-xxxxxxxx transaction i.e. multiple declined transactions due to insufficient funds.
Appears in 1 contract
Samples: Terms and Conditions
Use of the Card. 4.13.1. The Cardholder Company will ensure that the Cardholders use Cards only for official business purposes and in accordance with the applicable Company policy.
3.2. The Card will always remain the property of HSBC. The Company must forthwith return, or ensure the return of, the Card to HSBC at HSBC’s request (cut cross-wise in half for protection) which may be made at any time without giving any reason.
3.3. The Company shall not incur liabilities exceeding the Credit Limit without the prior written consent of HSBC.
3.4. Any request (by mail, by way of any electronic equipment or otherwise) to a person for the supply of goods and/or services to be charged to the Account constitutes authority: (a) for that person to issue a sales voucher for the amount to be charged; and (b) for HSBC to debit the Account with such amount charged.
3.5. If the Charges are denominated in a currency other than Sri Lankan Rupees, HSBC shall be entitled to convert the currency of the Charges into Sri Lankan Rupees at the wholesale foreign exchange rate determined by the MasterCard card associations on the day HSBC receives the transactions, also known as the transaction posting date. HSBC shall be entitled to charge an administrative fee for such transactions at such rate as mentioned in the Tariff of charges displayed on the HSBC website plus any other fees levied by the MasterCard association.
3.6. If authorized by HSBC, the Company may authorize designated Users to use the Card to withdraw cash and operate each such withdrawal shall be subject to the Account in a satisfactory mannercash advance fees as mentioned herein.
3.7. The decision as Company will request HSBC to whether allow all or certain Cardholders to use the Card is being so used or outside Sri Lanka in advance. On receipt of such request, HSBC shall enrol such Cardholder as intimated by the Account is being so operated rests Company in writing for overseas transactions on the Card.
3.8. If a Cardholder’s employment with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his CardCompany is terminated, the Cardholder and/or the Company shall ensure that there are sufficient funds on his Account to cover the payment of forthwith stop all Card transactions and return the Card transactionsto the Company. Furthermore, The Company shall use reasonable endeavours to retrieve the Card from the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of and shall return the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereofHSBC.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Use of the Card. 4.14.1 The Card must only be used by the Cardholder and in accordance with the Terms and Conditions in force at the time of its use.
4.2 The Card shall be used by the Cardholder within the approved Card Limits as advised to the Cardholder by the Issuer from time to time and during the validity period embossed on the Card to obtain the facilities and benefits made available by the Issuer from time to time at its absolute discretion in respect of the use of the Card.
4.3 If the Cardholder for any reason exceeds the Card Limit assigned to him/her by the Issuer then the Cardholder is obliged to settle immediately the said authorised excess, plus any applicable Charges that may apply from time to time subject to the Issuer’s discretion.
4.4 For security purposes and the protection of the Cardholder and the Issuer, the Issuer reserves the right to apply daily limits and/or transaction limits, particularly concerning use of the Card.
4.5 The authorisation of the Cardholder to conduct a Card Transaction is notified to the Issuer within the receipt by the Issuer of the order to conduct a Card Transaction which is sent directly to the Issuer by the Cardholder or through the beneficiary or through the processing company. The Cardholder shall understands that no proposed Card Transaction may be concluded unless the Transaction is authorised by the Issuer and the authorisation communicated to the ATM or merchant with whom the Transaction is to be effected. While the Issuer will use its best efforts to authorise Transactions that are within the Card and operate Limit at the Account in relevant time it does not warrant that it will be able to do so or effectively communicate such authorisation.
4.6 The time of receipt of a satisfactory manner. The decision as payment order is deemed the time at which the Issuer receives the order to whether conduct the Card Transaction which was sent to the Issuer. If the Cardholder and the Issuer agree that the execution of a payment order shall commence on a specific date or at the end of a specific period or when the Cardholder shall have placed monetary funds at the disposal of the Issuer, the agreed time is being so used or deemed as the Account time of receipt of the order for the purposes of section 63 of the 2009 Payment Services Law of Cyprus. It is being so operated rests with understood that if it is a non working day for the Bank and Issuer, the payment order shall be conclusive and binding considered as received on the Account Holder/s and on following working day.
4.7 The Cardholder has the right to revoke an order to conduct a Card Transaction but no later than the time at which the order is rendered irrevocable as indicated to the Cardholder by the Issuer. In the case that the order is given directly by the Cardholder, this is rendered irrevocable as soon as it is received by the Issuer. In the case that the order to conduct a Card Transaction is made by the beneficiary or through him/her, then this is rendered irrevocable for the Cardholder as soon as the Cardholder transmits to the beneficiary the order for the conduct of the Card Transaction or his/her authorisation to conduct a Card Transaction.
4.2. The Bank will bear no responsibility for 4.8 Where an ATM facility is incorporated in the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there be responsible for all Transactions and the Cardholder hereby authorises the Issuer to debit the Card Account with the amount of any cash withdrawal in accordance with the record of the Transactions. Such a record of Transactions shall be conclusive and fully binding to the Cardholder.
4.9 The Cardholder may not use the Card for effecting Transactions which are sufficient funds on his Account or may be unLawful either in the jurisdiction where the Transaction takes place or the country in which the Cardholder is present at the relevant time.
4.10 In the case of Corporate Cards, the Cardholder and the Company shall be fully liable to cover the payment Issuer, jointly and severally, for all Card Transactions made with the PIN whether with or without the knowledge of the Cardholder.
4.11 Use of the Card transactions. Furthermore, after its expiration date or when disputes arise or after the Cardholder will has cancelled his/her Card or elected not operate to renew the Account Card in such a way to exceed the available balance of the Account.
4.5. The fraudulentaccordance with these Terms and Conditions, incorrect or constitutes illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereofCard.
4.6. 4.12 The Bank Issuer shall not be responsible have the right at any time without prior notice and without giving any reason and without liability towards the Cardholder, whether the credit limit has been exhausted or not, to withdraw, suspend or restrict the Cardholder for any goods or services supplied right to use the Cardholder by merchants, Card or to refuse to authorise any person to whom Card Transaction. Also the said goods and services have been supplied. Disputes arising from Issuer may revoke the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness use of the amounts borne on, and contained in, Card for reasons relating to: (a) the envelopes referred to in clause 1.3 of Part III above. The contents security of the envelopes shall be checked and certified by two officers of payment Card and/or the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.PIN;
Appears in 1 contract
Samples: Terms and Conditions
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoeveruse by signing on the signature panel at the back of the Card. The Cardmember will require to key in the PIN number. Refer to clause 3.21.
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account Cardmember agrees to cover be fully bound by the payment terms and conditions herein set out (as may be varied by the Bank from time to time by giving notice of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Accounttwenty one (21) calendar days).
4.5. 3.3 The fraudulentCardmember shall comply with all requirements, incorrect or illegal instructions and guidelines regarding use of the Card issued by any person whomsoever shall not relieve the Cardholder Bank from time to time in respect of his liabilities all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in respect thereofits absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
4.6. 3.5 The Bank shall not Card can be responsible used to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said purchase goods and services have been supplied. Disputes arising from the supply of such goods in Malaysia and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, overseas at all Visa and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank’s participating merchants or outlets. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals Such purchases are subject to the respective daily limits balance available in the Cardmember’s Account and up to the maximum Purchase Limit set by the Cardmember as determined per clause 3.8
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorized Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave of which the maximum transaction amount per transaction is capped at RM250 for Adult and RM200 for Teenager and Junior. Daily total accumulated transaction limit is RM2, 500 for Adult and RM500 for Teenager and Junior or any other limit that may be permitted by the Bank from time to time.
3.8 The BSN Visa Debit Card daily accumulated Purchase Limit is defaulted at RM3,000 for the Adult and RM200 for Teenager and Junior during Card’s application unless specified by the Cardmember in the Card application form. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or myBSN internet banking or over the counter or any other means determined by the Bank in the future subject to a maximum accumulated limit of RM10,000 per day for Adult and RM500 for Teenager and Junior.
3.9 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo. Refer to Clause 5.0.
3.10 Withdrawals through ATM are subject to a maximum Withdrawal Limit of RM5,000 in accumulated total per day for Adult. However, for Teenager and Junior, default Withdrawal Limit is RM200 and maximum is RM500 in accumulated total per day.
3.10.1 The parameter for card limit are summarized as below:- 3rd Party Transfer 30,000 30,000 IBG 30,000 30,000 Withdrawal 5,000 5,000 Purchase *Contactless 3,000 250 10,000 2,500 * Contactless limit is counted under Purchase limit 3rd Party Transfer 50 250 IBG 50 250 Withdrawal 200 500 Purchase *Contactless 200 200 500 500 * Contactless limit is counted under Purchase limit
Appears in 1 contract
Samples: Terms & Conditions
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoever.use by signing on the signature panel at the back of the Card. The Cardmember will require to key in the PIN number. Refer to clause 3.19
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account Cardmember agrees to cover be fully bound by the payment terms and conditions herein set out (as may be varied by the Bank from time to time by giving notice of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Accounttwenty one (21) calendar days).
4.5. 3.3 The fraudulentCardmember shall comply with all requirements, incorrect or illegal instructions and guidelines regarding use of the Card issued by any person whomsoever shall not relieve the Cardholder Bank from time to time in respect of his liabilities all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in respect thereofits absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
4.6. 3.5 The Bank shall not Card can be responsible used to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said purchase goods and services have been supplied. Disputes arising from the supply of such goods in Malaysia and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, overseas at all Visa and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank’s participating merchants or outlets. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals Such purchases are subject to the respective balance available in the Cardmember’s Account and up to the maximum Purchase Limit set by the Cardmember as per clause 3.8
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorized Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave of which the maximum transaction amount per transaction is capped at RM250 and daily limits as determined total accumulated transaction of RM2,500 or any other limit that may be permitted by the Bank from time to time.
3.8 The BSN Visa Debit Card daily accumulated Purchase Limit is defaulted at RM3,000 for the Adult Account and RM1,000 for Junior Accounts during Card’s application unless specified by the Cardmember in the Card application form. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or MyBSN internet banking or over the counter or any other means determined by the Bank in the future subject to a maximum accumulated limit of RM10,000 per day.
3.9 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo. Refer to 5.0 clause
3.10 Withdrawals through ATM are subject to a maximum Withdrawal Limit of RM5,000 in accumulated total per day. However, for Junior Accounts, Withdrawal Limit is limited to a maximum of RM200 in accumulated total per day.
3.11 The Bank reserves the right to amend or vary the limits under Clause 3.7, 3.8 and 3.10 at any time and a written notice of such amendment or variation will be communicated to Cardmember in any form or method as the Bank may prescribe.
3.12 The Cardmember shall observe all security measures prescribed by the Bank relating to his Card, Access Number or PIN or the Services provided and at no time and under no circumstances shall the Cardmember reveal his PIN to anyone including the Bank’s staff. If the PIN is exposed or suspected to be exposed to another person, the Cardmember shall immediately inform the Bank and change the PIN number at any BSN ATM machine or branches.
3.13 The Cardmember shall not allow or empower any third party to use his BSN Visa Debit Card and shall not transfer or relinquish control or ownership of the Card or use it for purposes which is not allowed transaction by the Bank.
3.14 The Cardmember is responsible for ensuring sufficient funds in the account before effecting the transaction. The Cardmember is responsible to check transaction history from time to time via MyBSN to ensure transactions performed are correct and notify the Bank in writing within 14 days from the transaction date if there are any errors or omissions. If not, the transaction will be considered accurate.
Appears in 1 contract
Samples: Terms & Conditions
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoeveruse by signing on the signature panel at the back of the Card. The Cardmember will be required to key in the PIN number. Refer to clause 3.21.
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable Cardmember agrees to be called in question fully bound by the Cardholder or the Account Holder.
4.8. Transactions for POS terms and ATM withdrawals are subject to the respective daily limits conditions herein set out (as determined may be varied by the Bank from time to timetime by giving notice of twenty-one (21) calendar days).
3.3 The Cardmember shall comply with all requirements, instructions and guidelines regarding use of the Card issued by the Bank from time to time in respect of all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in its absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
3.5 The Card can be used to purchase goods and services in Malaysia and overseas at all Visa and MyDebit participating merchants or outlets. Such purchases are subject to the balance available in the Cardmember’s Account and subject to the daily Purchase Limit as stated in the Product Disclosure Sheet of BSN Visa Debit Card or in the Bank’s website. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or myBSN internet banking or over the counter or any other means determined by the Bank in the future.
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorised Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave up to a maximum RM250 per transaction for Adult Account, RM200 for Teenager Account and no PIN is required. However, for transaction above RM 250, PIN is required for the processing of your transaction.
3.8 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo.
3.9 Cash withdrawals transaction through ATM can be performed subject to Withdrawal Limit as stated in the Product Disclosure Sheet or in the Bank’s website.
3.10 The Bank reserves the right to amend or vary the Purchase Limits or Withdrawal Limits at any time and a written notice of such amendment or variation will be communicated to Cardmember in any form or method as the Bank may prescribe.
3.11 The Cardmember shall observe all security measures prescribed by the Bank relating to his/her Card, Access Number or PIN or the Services provided and at no time and under no circumstances shall the Cardmember reveal his/her PIN to anyone including the Bank’s staff. If the PIN is exposed or suspected to be exposed to another person, the Cardmember shall immediately inform the Bank and change the PIN number at any BSN ATM machine or branches.
3.12 The Cardmember shall not allow or empower any third party to use his/her BSN Visa Debit Card and shall
3.13 The Cardmember is responsible for ensuring sufficient funds in the account before effecting the transaction.
3.14 The Cardmember is responsible to check transaction history from time to time via myBSN Internet Banking to ensure transactions performed are correct and notify the Bank in writing within fourteen (14) calendar days from the transaction date if there are any errors or omissions. If not, the transaction will be considered accurate.
3.15 The Cardmember is responsible to notify the Bank immediately for any unauthorised transaction upon receiving short message service (SMS) transaction alert sent by the Bank.
3.16 The Bank reserves the right to suspend customer account in the event that the Bank identified the customer misused the account for auto-xxxxxxxx transaction i.e. multiple declined transactions due to insufficient funds.
Appears in 1 contract
Samples: Terms and Conditions
Use of the Card. 4.1. The Cardholder 3.1 Upon receipt of the Card, the Cardmember shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept thereafter validate the Card for any reason whatsoeveruse by signing on the signature panel at the back of the Card. The Cardmember will require to key in the PIN number. Refer to clause 3.21.
4.3. Cash withdrawals that are recorded by 3.2 By using the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account Cardmember agrees to cover be fully bound by the payment terms and conditions herein set out (as may be varied by the Bank from time to time by giving notice of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the Accounttwenty-one (21) calendar days).
4.5. 3.3 The fraudulentCardmember shall comply with all requirements, incorrect or illegal instructions and guidelines regarding use of the Card issued by any person whomsoever shall not relieve the Cardholder Bank from time to time in respect of his liabilities all services rendered to the Cardmember.
3.4 The Card is a debit card for which the Account Balance will be debited when Card Transaction is made through the use of the Card. The Cardmember is responsible to ensure that there is sufficient cash balance in the Account prior to using the Card. Where the Bank in respect thereofits absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall pay on demand by the Bank such amount overdrawn.
4.6. 3.5 The Bank shall not Card can be responsible used to the Cardholder for any goods or services supplied to the Cardholder by merchants, or to any person to whom the said purchase goods and services have been suppliedin Malaysia and overseas at all Visa and the MyDebit participating merchants or outlets. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account Holder.
4.8. Transactions for POS and ATM withdrawals Such purchases are subject to the respective balance available in the Cardmember’s Account and up to the maximum Purchase Limit set by the Cardmember as per clause 3.8
3.6 The Cardmember agrees that the Bank may debit the Account for all Transactions effected in any of the following manner:
(a) When the Card is used with or without PIN in conjunction with any reader or POS terminal.
(b) When the Card with “MyDebit” Contactless or “Visa payWave” feature is presented to a Merchant, by tapping or waving the Card at a contactless reader/terminal (“Contactless Transaction Processing”).
(c) When details of the Card are provided to a supplier of goods and services in a manner acceptable to the Bank, for example over the phone, online banking or mail order.
(d) When the Cardmember has authorized Transactions under recurring payment or standing instructions.
3.7 The Cardmember may also use the Card to make purchases through a MyDebit/Visa payWave of which the maximum transaction amount per transaction is capped at RM250 and daily limits as determined total accumulated transaction of RM2,500 or any other limit that may be permitted by the Bank from time to time.
3.8 The BSN Visa Debit Card daily accumulated Purchase Limit is defaulted at RM3,000 for the Adult and RM1,000 for Teenager during Card’s application unless specified by the Cardmember in the Card application form. The Card’s daily Purchase Limit can be changed anytime by the Cardmember via the Bank’s ATM or MyBSN Internet Banking or over the counter or any other means determined by the Bank in the future subject to a maximum accumulated limit of RM10,000 per day.
3.9 The Cardmember may use the Card in Malaysia at any of BSN’s ATMs or at any other ATMs that display MEPS logo for the withdrawal of cash from the Account. In addition, the Cardmember may use the Card for withdrawal of cash outside of Malaysia at any ATMs that display Visa or Visa Plus logo. Refer to Clause 5.0.
3.10 Withdrawals through ATM are subject to a maximum Withdrawal Limit of RM5,000 in accumulated total per day. However, for Teenager, Withdrawal Limit is limited to a maximum of RM1,000 in accumulated total per day.
3.11 The Bank reserves the right to amend or vary the limits under Clause 3.7, 3.8 and 3.10 at any time and a written notice of such amendment or variation will be communicated to Cardmember in any form or method as the Bank may prescribe.
3.12 The Cardmember shall observe all security measures prescribed by the Bank relating to his/her Card, Access Number or PIN or the Services provided and at no time and under no circumstances shall the Cardmember reveal his/her PIN to anyone including the Bank’s staff. If the PIN is exposed or suspected to be exposed to another person, the Cardmember shall immediately inform the Bank and change the PIN number at any BSN ATM machine or branches.
3.13 The Cardmember shall not allow or empower any third party to use his/her BSN Visa Debit Card and shall not transfer or relinquish control or ownership of the Card or use it for purposes which is not allowed transaction by the Bank.
3.14 The Cardmember is responsible for ensuring sufficient funds in the account before effecting the transaction.
3.15 The Cardmember is responsible to check transaction history from time to time via MyBSN Internet Banking to ensure transactions performed are correct and notify the Bank in writing within fourteen (14) calendar days from the transaction date if there are any errors or omissions. If not, the transaction will be considered accurate.
3.16 The Cardmember is responsible to notify the Bank immediately for any unauthorized transaction upon receiving short message service (SMS) transaction alert sent by the Bank.
3.17 The Bank reserves the right to suspend customer account in the event that the Bank identified the customer misused the account for auto-xxxxxxxx transaction i.e. multiple declined transactions due to insufficient funds.
Appears in 1 contract
Samples: Terms and Conditions
Use of the Card. 4.1. The Only the Cardholder shall use has the Card and operate the Account in a satisfactory manner. The decision as right to whether the Card is being so used or the Account is being so operated rests perform Operations with the Bank and shall be conclusive and binding on the Account Holder/s and on the CardholderCard.
4.2. The Bank will bear no responsibility for Upon issuance of the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account be provided with personal Means of Authentication (e.g. PIN code), which shall be deemed to cover be the Cardholder’s signature in performing the Operations.
4.3. At the Cardholder’s request, Wallester has the right to send the physical payment card and the Means of Authentication by post to the address notified to Bank by the Cardholder. Upon receipt of the Card transactions. Furthermorephysical payment card, the Cardholder will is obliged to make sure that the envelope with the Card and its Means of Authentication have not operate been opened nor damaged. The physical payment card is activated either in the Account self-service environment on the website xxx.xxxxxxxx.xx or in such a way to exceed another manner agreed with the available balance of Cardholder.
4.4. The Cardholder may start performing Operations once the AccountCard has been activated.
4.5. The fraudulentCardholder has the right to perform Operations within the Free Limit and only in Terminals marked with the Visa logo, incorrect or illegal use of the Card by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereofexcept for cash withdrawals from ATMs.
4.6. The Bank Cardholder may not exceed the Free Limit in performing Operations (including fees and expenses relating to Operations).
4.7. When using the Card, the Cardholder is required by Wallester to use Strong Authentication, except within the limit prescribed for Operations performed with a Near Field Communication device if the Cardholder agrees to the performance of the Operation by touching the Near Field Communication device.
4.8. If the Cardholder has given his consent to the performance of the Operation, the Cardholder shall not have the right to be refunded for the Operation, unless the person who provided the corresponding service agrees to the refund of the amount paid for the Operation.
4.9. At the request of the person servicing the Card, the Cardholder is obliged to present an identity document and agree to the recording of the document particulars.
4.10. The Cardholder accepts that all Operations performed by the Cardholder and/or by using the Means of Authentication of the Card or by entering the required particulars in the Internet environment and/or by touching the Near Field Communication device are valid for Wallester (including, are authorised within the meaning of the Law of Obligations Act) and shall be executed by Wallester.
4.11. Wallester has the right to refuse to execute the Operation performed by the Cardholder if:
4.11.1. the Card is invalid or closed or the use of the Card is blocked;
4.11.2. the Operation amount (including the Operation fees and expenses) exceeds the Free Limit;
4.11.3. on any other basis arising from the Payment Card Terms and Conditions or the legislation.
4.12. Wallester has the right to block the use of the Card until the circumstances have been verified if:
4.12.1. Wallester has learned about a circumstance on the basis of which it can be reasonably concluded that the Card is available and/or its Means of Authentication are known to a person who does not have the right to use the Card;
4.12.2. the use of the Card may be associated with fraud on the part of the Cardholder;
4.12.3. there is another basis for blocking specified in the Agreement.
4.13. If the basis for blocking the Card pursuant to Clause 4.12 does not cease to exist or there exists any other basis for closing the Credit Limit as specified in the Agreement, Wallester has the right to close the Card.
4.14. The Cardholder has the right to request that the Card be blocked and/or closed at any time.
4.15. A blocked, closed, or invalid Card may not be used.
4.16. Unless otherwise provided by the Imperative Norms, Wallester shall not be responsible liable for any damage caused to the Cardholder or any other third party by Wallester’s blocking the use of the Card or closing the Card in accordance with the Payment Card Terms and Conditions. This shall also be the case if Wallester blocks the use of the Card in good faith based on incorrect information.
4.17. Wallester has the right to bring in third parties for any goods executing Card Operations. Wallester shall not be liable for actions or services supplied to the Cardholder by merchants, or to any person to whom the said goods and services have been supplied. Disputes arising from the supply omissions of such goods persons.
4.18. Wallester has the right to determine the Card limits and services shall be settled directly with the merchants without the Bank being constituted party theretominimum and maximum amount of a one- off Operation.
4.19. The Cardholder shall consequently not be relieved of his obligations to inform the Bank under of any malfunctions or disturbances that prevent carrying out the relevant Card transactionsOperation.
4.74.20. The Cardholder shall ensure Card has a fixed term and is valid until the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne date indicated on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account HolderCard.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Payment Card Terms and Conditions
Use of the Card. 4.1The Card is personal. The Cardholder shall may not allow any other person to use the Card, for example, by disclosing the PIN or allowing them to use the Card details to purchase goods via the internet. We will be entitled to assume that a transaction has been authorized by the Cardholder where either:
(i) the Card PIN is entered into a point of sales terminal;
(ii) the Card is tapped against a Contactless enabled point of sales terminal;
(iii) relevant information was supplied to the retailer or the PISP that allows them to process the transaction, for example, providing the retailer with the 3-digit security code on the back of the Card in the case of an internet or other nonface-to-face transaction; or
(iv) the Card or the Card information has been used in car rental companies or hotels, that have the right to, according to common practice, charge the Card retroactively with unpaid reasonable charges, expenses, uncancelled bookings and operate other Cardholder costs without the Account Cardholder’s signature. Normally, We will receive notification of the authorization by way of an electronic message in line with the rules and procedures of the payment scheme (Visa network). Once a transaction has been authorized, it cannot be stopped or revoked. However, the Cardholder may in certain circumstances be entitled to a refund in accordance with section 11 (Purchases from retailers) and section 13 (Zevoy’s liability). Upon receival of notification of the authorization of a transaction and the transaction payment order, We will normally deduct the value of the transaction, plus any applicable fees and charges, from the Available Funds. If any attempted payment exceeds the Available Funds, the transaction will be declined. If the Card is used for a transaction in a satisfactory mannercurrency other than the currency that the Card is denominated in, the transaction will be converted to the currency that the Card is denominated in by the Visa scheme network at a rate set by Visa Inc. (please refer to the address xxxxx://xxx.xxxx.xx/fi_FI/support/consumer/travel -support/exchange-rate-calculator.html). The decision as exchange rate varies throughout the day and is not set by Us, therefore We are not responsible for and cannot guarantee a favourable exchange rate. Changes in the exchange rates may be applied immediately and without notice. Information about the exchange rate used after the transaction has been completed may be obtained by contacting Our Customer Services team. The Customer shall be liable for any currency risk during the period from the use of the Card until the transaction is received by Zevoy in case the exchange rate on the date on which the transaction reaches Zevoy applies. In certain circumstances, We may without notice refuse to whether complete a transaction that the Cardholder has authorized. These circumstances include:
(i) if We have reason to be concerned about the security of the Card or if We suspect the Card is being so used in a fraudulent or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.unauthorized manner;
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that (ii) if there are not sufficient funds on his Account Available Funds to cover the payment transaction and all associated fees when We receive notification of the Card transaction;
(iii) if there is an outstanding shortfall on the Available Funds;
(iv) if the Customer has an overdue invoice that has not been paid in full;
(v) if We have reason to believe that the Cardholder is acting in breach of these Terms;
(vi) if there are errors, failures (mechanical or otherwise) or refusals by retailers, payment processors or payment schemes processing transactions; or
(vii) if We are required to do so by law. FurthermoreIf We refuse to complete a transaction, We will notify the Cardholder as soon as reasonably practicable of the refusal and the reasons for the refusal, together, where relevant, with the procedure for correcting any factual errors that led to the refusal, unless it would be unlawful for Us to do so. We may suspend the Card, in which case the Cardholder will not operate be able to use it for any transactions, if We have reason to be concerned about the Account in such a way to exceed the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use security of the Card by any person whomsoever shall not relieve or if We suspect that the Card is being used in a fraudulent or unauthorized manner. We will notify the Cardholder of his liabilities to the Bank any such suspension in respect thereof.
4.6. The Bank shall not be responsible to the Cardholder for any goods or services supplied to the Cardholder by merchantsadvance, or immediately after if it is not possible to any person do it in advance, and of the reasons for the suspension unless doing so would compromise reasonable security measures or otherwise be unlawful. We will lift the suspension and, where appropriate, issue a new Card free of charge as soon as practicable once the reasons for the suspension cease to whom the said goods and services have been supplied. Disputes arising from the supply of such goods and services shall be settled directly with the merchants without the Bank being constituted party theretoexist. The Cardholder shall consequently not be relieved of his obligations may also contact Our Customer Services team to the Bank under the relevant Card transactions.
4.7. The Cardholder shall ensure the correctness of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable arrange for a suspension to be called in question by the Cardholder or the Account Holderlifted if appropriate.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Use of the Card. 4.1. 5.1 The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with the Bank and shall be conclusive and binding on the Account Holder/s and on the Cardholder.
4.2. The Bank will bear no responsibility for the refusal of any merchant or establishment to accept the Card for any reason whatsoever.
4.3. Cash withdrawals that are recorded by the ATM, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder shall ensure that there are sufficient funds on his Account to cover the payment of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed carry out transactions within the available balance of the Account.
4.5. The fraudulent, incorrect or illegal use Card Account and/or the credit limit of the Card Account as approved by any person whomsoever shall not relieve the Cardholder of his liabilities to the Bank in respect thereof.
4.6. The Bank shall not be responsible and notified to the Cardholder provided that the Card Account is active. The initial credit limit shall be communicated to the Principal Cardholder upon delivery of the Card. If the Cardholder wishes to set a lower or higher limit, then the Principal Cardholder should notify the Bank accordingly.
5.2 The Cardholder has no right to exceed the credit limit approved by the Bank and notified to the same. However, in the event that for any goods or services supplied reason whatsoever the Cardholder exceeds the said limit, he is obliged to repay the unauthorized overdraft plus interest and/or any other charges immediately upon the Bank's request, subject to the Cardholder by merchantsapplicable legislation and as per the Card Account terms and the present Terms and Conditions.
5.3 The Bank has the right to set and apply maximum daily or other and/or per transaction limits in respect of the Card use, which the same may change either permanently or temporarily or for security reasons or any other reasons or pursuant to any person to whom laws or regulations of the said goods and services have been supplied. Disputes arising from European Union or the supply Republic of such goods and services shall be settled directly with the merchants without the Bank being constituted party theretoCyprus. The Cardholder shall consequently not be relieved of his obligations to informed regarding the daily and/or per transaction limits by the Bank under at the relevant Card transactionscontact details set out in the present Terms and Conditions.
4.7. The Cardholder shall ensure 5.4 In compliance with the correctness of the amounts borne on, and contained inother provisions hereof, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall Card may be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question used by the Cardholder as follows:
(a) at the Bank’s ATMs, for transactions via a Card Account, including cash withdrawals, access to Card Account statements and any other transaction under the terms and conditions the Bank announces, as the case may be. For these transactions the Cardholder is required to enter the PIN.
(b) at ATMs of other institutions in Cyprus or abroad, displaying the Mastercard logo, for cash withdrawals. For these transactions the Cardholder is required to enter the PIN.
(c) for the payment of goods or services in Cyprus and abroad which are provided by Suppliers whose POS display the Mastercard logo.
5.5 The Cardholder may use the Card to carry out contactless transactions at Suppliers whose POS display the MASTERCARD logo and who are equipped with devices that support contactless transactions and at ATMs displaying the MASTERCARD logo and supporting contactless transactions. Contactless Payments not requiring a PIN or the Account Holder.
4.8. Transactions for POS and ATM withdrawals are subject to signature of the respective daily limits as Cardholder can be carried out only within the applicable limit determined by the country where such transactions are carried out; for the performance of any contactless payment exceeding the said limit the PIN or signature of the Cardholder is required. When carrying out contactless transactions, the Cardholder approves and accepts each transaction effected without typing the PIN or signing, and irrevocably authorizes the Bank from time to timedebit the Card with the respective transaction and to pay to the Supplier, on the Cardholder’s behalf, the amount quoted on the debt voucher issued.
5.6 The Card details may be used for the payment of goods and services via various channels (including the internet or phone).
5.7 The Cardholder should not use the Card for illegal purposes.
Appears in 1 contract
Samples: Credit Agreement
Use of the Card. 4.1. 5.1 The Cardholder shall use the Card and operate the Account in a satisfactory manner. The decision as to whether the Card is being so used or the Account is being so operated rests with valid worldwide; however, the Bank and shall be conclusive and binding on the Account Holder/s and on service establishments concerned reserve the Cardholder.
4.2. The Bank will bear no responsibility for right, at any time, to refuse the refusal use of any merchant or establishment to accept the Card at a service establishment for any reason whatsoever. The Card may be used only for bona fide personal or official purposes and its use is not permitted to be exploited commercially in the business of the Cardmember. It is clarified that charges incurred, may in case of some service establishments, include a charge for availing of the purchase or other facility.
4.3. Cash withdrawals that are recorded by 5.2 The Cardmember shall at all times keep his PIN confidential and separate from the ATMCard, and payments effected by the Cardholder with his Card, shall be debited to his Bank Account.
4.4. Before using his Card, the Cardholder also shall ensure that there are sufficient funds on his Account to cover the payment Card is kept in a safe place and is not used by any other individual. The Cardmember shall be fully liable for all transactions made with the PIN whether with or without the knowledge of the Card transactions. Furthermore, the Cardholder will not operate the Account in such a way to exceed the available balance of the AccountCardmember.
4.5. The fraudulent, incorrect or illegal 5.3 Upon use of the Card by any person whomsoever at a service establishment, the Cardmember must collect the copy of the charge slip at the time of signing the charge slip. Normally, the Bank shall not relieve the Cardholder provide copies of his liabilities other charge slips to the Bank in respect thereofCardmember. However, at the sole discretion of the Bank, copies may be provided on payment of additional fees as determined by the Bank.
4.65.4 The Cardmember accepts that the Bank may selectively agree to provide him with the facility of effecting mail order or telephone order purchases or transactions through internet, and in such cases, the charge slips will not be signed by the Cardmember at the time of Card utilization. Accordingly, the Cardmember accepts that, even in the event of any dispute regarding the authenticity or validity of such a purchase or a charge, for any reason whatsoever, the Cardmember will settle the outstandings. Any such dispute shall be a matter between and will be settled by the Cardmember and the concerned service establishment. The Bank shall not be responsible liable, in any manner whatsoever, for the same.
5.5 The Card may only be used within the credit limit notified by the Bank to the Cardholder for any goods Cardmember and on or services supplied prior to the Cardholder last date of the month embossed on its face.
5.6 The Cardmember agrees that he/she has made a standing request that, subject to the sole discretion of the Bank, renewal and/or replacement Cards be issued to each Cardmember until such time the Bank is notified in writing by merchantsthe Cardmember. The Bank reserves the sole right of renewing the Card facility on expiry, loss, damage, or to any person to whom theft of the said goods and services have been suppliedCard. Disputes arising from In the supply event of such goods and services non-renewal, the Cardmember shall be settled directly with immediately settle the merchants without the Bank being constituted party thereto. The Cardholder shall consequently not be relieved of his obligations balance due to the Bank under the relevant Card transactionswithout demur or delay.
4.75.7 The Cardmember undertakes to act in good faith at all times in relation to all dealings with the Card(s) and the Bank.
5.8 The Bank reserves unto itself the absolute discretion and liberty to suspend or reduce the credit limit, decline or honour an authorization request on the Card at any point of time without assigning any reason whatsoever. The Cardholder Bank shall ensure not be liable for any consequence arising out of any loss/ damage suffered by the correctness Cardmember on account of such suspension, decline or reduction in the credit limit of the amounts borne on, and contained in, the envelopes referred to in clause 1.3 of Part III above. The contents of the envelopes shall be checked and certified by two officers of the Bank. The amounts so certified shall be credited to the Account whose number is borne on the envelopes and shall be final and conclusive and not liable to be called in question by the Cardholder or the Account HolderCard.
4.8. Transactions for POS and ATM withdrawals are subject to the respective daily limits as determined by the Bank from time to time.
Appears in 1 contract
Samples: Cardmember Agreement
