Quasi Cash definition
Examples of Quasi Cash in a sentence
Quasi Cash – Means transactions that includes, but not limited to, purchasing travellers cheque, lottery tickets, casino gaming chips, money orders, deposits and wire transfer money orders.
Retail Transactions includes all Retail Transactions both local and international EXCLUDE all Government and JomPAY related transactions, Cash Advances, Quasi Cash (betting and gaming related transactions); Call-For- Cash, Call-For-Cash Plus, Flexi Payment Plan, Balance Transfers, Petrol transactions (inclusive of retail transactions at petrol stations), Finance Charges, Late Charges and Annual Fee Payment.
APR for Cash Advances and Quasi Cash Transactions 19.24% The APR will vary with the market based on the Prime Rate.
To get the “average daily balance,” we take the beginning balance of your Account each day, add any new Purchases, Advances, and Quasi Cash Advance, Balance Transfers or fees, and subtract any payments and credits and unpaid interest.
Except as provided below, Purchases, Advances and Quasi Cash Advance, and Balance Transfers begin to accrue interest from the date of the transaction (or, at our option, from the date they are posted to your Account) and continue to accrue interest until the charge is paid in full.
Transaction Fees: * Cash Advance and Quasi Cash Transactions * Balance Transfer * International Transaction 3% of the amount of the transaction, but not less than $5.
Any transaction of Quasi Cash as classified by VISA or Mastercard will be considered as a cash withdrawal transaction and appropriate charges would apply.
Based on risk, we reserve the right to limit electronic online Cash Advances and Quasi Cash transactions access at the sole discretion of the Bank.
There is no Grace Period within which you can avoid interest on Advances, Quasi Cash Advance or Balance Transfers.
We are not responsible for the failure of any merchant, financial institution or other party to honor your Card, Balance Transfer, Advance or Quasi Cash Advance request.