Examples of Master Billing Statement in a sentence
If the Bank does not receive full payment of the current balance specified in the Master Billing Statement of account on or before the payment due date stipulated therein, the business member must pay daily interest at the retail interest rate# of 26.9% per annum and cash interest rate# of 26.9% per annum.
For Citi Corporate Cards (Sole Corporate Liability), a monthly late payment charge or such other charges as determined by the Bank and notified to the Company from time to time, will be imposed on the Company if the Bank does not receive full payment of the amount set out in the Master Billing Statement by the payment due date indicated therein.
If full payment of the current balance specified in the Master Billing Statement or the Cardholder’s billing statement is not made by the payment due date indicated therein, daily interest will accrue and be payable at the rate determined by the Bank.