CRC account definition

CRC account means the account maintained with us in respect of the CRC facility and where the context requires, shall be deemed to include a joint CRC account and “Joint CRC account” means a CRC account jointly maintained in 2 names and a “joint customer” means a person in whose name a Joint CRC account is maintained;
Sample 1Sample 2Sample 3
CRC account means the Ringgit Current Account maintained with us in respect of the CRC Facility which is an Account for the purposes of the Citibank Accounts T&C;
Sample 1Sample 2Sample 3
CRC account means the cash component of the Participant Contributions and any Third Party Contributions, held in an account by the Company.
Sample 1

Examples of CRC account in a sentence

  • Notwithstanding the foregoing, we shall be entitled at all times to correct any errors or omissions in such CRC statements and to debit or credit your CRC account (as the case may be).

  • You shall not authorize, expressly or impliedly, any third party to operate your CRC account (by power of attorney or otherwise) save with our prior written consent and unless we receive your written instructions in accordance with our prescribed procedure for establishing such third party authorization.

  • We are entitled to debit your CRC account with the amount previously credited in relation thereto if any cheques or drafts are subsequently dishonoured.

  • You will bear all charges relating to the clearing of foreign currency cheques collected by us or paid into your CRC account.

  • You acknowledge that your CRC Card, Citibank ATM/Debit Card and your TBS Access Code may operate any other account(s) you may have with us other than your CRC account.

  • Thereafter, we are not liable to you howsoever with respect to your CRC account.

  • The Citibank ATM/Debit Card terms and conditions apply to your operation of the CRC account using the CRC Card or the ATM/Debit Card by such means and manner as we may avail to you from time to time including via the ATM or using the POS Transactions functionality.

  • If you do not terminate your CRC account after we have given such notice of change, you shall be deemed to have accepted such changes without reservation regardless of whether or not you continue to use the CRC Card, the Citibank ATM/Debit Card, issue any CRC cheque or otherwise operate the CRC account after such notice.

  • You may upon our prior written approval (which may be granted subject to such terms and conditions as we may impose) convert, in accordance with our prescribed procedure then prevailing, your CRC account to a Joint CRC account, or convert your Joint CRC account to a CRC account.

  • If your CRC account shall be so terminated by us, you shall forthwith return to us all CRC chequebooks, unused CRC cheques, the CRC Card and/or the Citibank ATM/Debit Card issued in respect of your CRC account; and make immediate payment of all CRC outstanding balance and such other sums owing to us under this Agreement including any Collected Amount, interest, charges and fees due or funds required to be made by Law or Regulation.

Related to CRC account

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.