Balance Transfer Amount definition

Balance Transfer Amount means the amount of the Balance Transfer that is debited to the Card Account.

Balance Transfer Amount means credit drawn down by using the Card to make a Balance Transfer.

Balance Transfer Amount means the Balance Transfer of the Total Transfer Amount.

Examples of Balance Transfer Amount in a sentence

• A non-refundable processing fee on the Balance Transfer Amount at a rate as determined by us at our discretion will be charged to and debited from the Balance Transfer Account (regardless whether the BT Facility is terminated at any time by you or us) for each successful Balance Transfer.

• You may also apply for a Balance Transfer of the Balance Transfer Amount (as defined below) from the Balance Transfer Account to a bank account that you maintain with any bank or financial institutions in Singapore acceptable to us.

• Neither ADCB nor its Affiliates will be responsible for any Liability resulting from the late payment of the Balance Transfer Amount to your existing third party bank(s).

• We may, on our approval of each Balance Transfer application, open an account in your name (the Balance Transfer Account) and debit the Balance Transfer Amount to/from such Balance Transfer Account on the date of the Approval Letter or such later date as determined by us.

• A non-refundable processing fee on the Balance Transfer Amount at a rate as determined by the Bank at its discretion will be charged to and debited from the Balance Transfer Account (regardless whether the Facility is terminated at any time by you or us) for each successful Balance Transfer.

• We may, on our approval of each Balance Transfer application, open an account in your name (the “Balance Transfer Account”) and charge and debit the Balance Transfer Amount to/from such Balance Transfer Account on the date of the Approval Letter or such later date as determined by us.

• We reserve the right to reject an application for a Balance Transfer in its entirety and/or approve only part of an Applied Balance Transfer Amount (such approved amount shall be referred to as the Balance Transfer Amount) at our discretion and without assigning any reason.

• If approved, the Balance Transfer Amount shall be credited directly into the account stated in the Balance Transfer application form maintained by you.

• If approved, the Balance Transfer Amount shall be credited directly into the account stated by you in the Balance Transfer application form.

• We reserve the right to reject an application for a Balance Transfer in its entirety and/or approve only part of an Applied Balance Transfer Amount (such approved amount shall be referred to as the "Balance Transfer Amount") at our absolute discretion and without assigning any reason therefor.

More Definitions of Balance Transfer Amount

Balance Transfer Amount means the amount of the Balance Transfer available on the Website’s login page.

Balance Transfer Amount means any newly established receivable balance originated or acquired by the Company by way of a credit card Account, which is not to include new charges on the Account subsequent to the initial receivable amount. (All computations of the 5% Fee shall be derived using the Balance Transfer Amount irrespective of whether the cardholder has paid principal down below the original Balance Transfer Amount or charged more than the Balance Transfer Amount at the time of any of the 5% payment obligations.)

Balance Transfer Amount means the amount of the Balance Transfer that debited to the Card Account.

Balance Transfer Amount means any newly established receivable balance originated or acquired by the Company by way of an Account, which is not to include new charges on the Account subsequent to the initial receivable amount. Subject to the provisions of the next sentence, all computations of the 5% Fee shall be derived using the original Balance Transfer Amount irrespective of whether the cardholder has paid principal down below the original Balance Transfer Amount or charged more than the Balance Transfer Amount at the time of any of the 5% Fee payment obligations. If the Company is obligated with respect to Accounts with a Balance Transfer Amount to pay proceeds from the sale, financing, securitization or collections thereon to sellers from whom the Company purchased Accounts, participants or brokers in which the Company has neither a direct or indirect ownership interest, then the amount of such payments shall be deducted form the Balance Transfer Amount of such. Accounts and the amount of marketing, servicing fees or any other income received from such sellers from whom the Company purchased Accounts or participants for such Accounts shall be added to the Balance Transfer Amount; provided, however, that the Balance Transfer Amount shall never exceed the original Balance Transfer Amount. If payments to or receipt of income from such sellers from whom the Company purchased Accounts, participants and brokers occurs after the calculation or payment of the 5% Fee, then the amount of the 5% Fee shall be recalculated to take account for such payments or income.