Bearer Card definition

Bearer Card means a Card issued by us to an Accountholder which does not on its face identify or name the person who is authorised to use the Card and has no signature panel on its reverse side to verify the signature of the person authorised to use the Card; Card means a card issued by us to an Account Holder which includes a Bearer or Company name and may include a signature panel, vehicle registration or product restrictions; Cardholder means a person to whom a Card has been issued and who is authorised by us to use that Card; Commencement Date Data Receipt Date means, in relation to a sale:
Bearer Card means Cards with no individual name on the Card that may be used by multiple individuals in a department of the Customer, provided such individuals are appropriately identified by Customer (in form and substance acceptable to Bank) as being duly authorized by Customer to act on Customer’s behalf.

Examples of Bearer Card in a sentence

  • Company understands and agrees that Company has absolute liability for Designated Users Charges and Bearer Card Charges.

  • When Customer requests a Card, the Card Administrator will be able to add the Cardholder and request use of a Bearer Card (provided appropriate users of the Bearer Card are identified) in the CP Channel, all subject to any technology limitations then present in the CP Channel and further subject to the requirements of these Terms with respect to adding a Cardholder or requesting use of a Bearer Card.