Unauthorised Overdraft Interest definition

Unauthorised Overdraft Interest means the interest you pay when you have an Unauthor- ised Overdraft in accordance with Clause 2.6 of Part 3, at such a rate as determined by the Bank from time to time, details of which are available on our website (or on request if not available on our website);
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Unauthorised Overdraft Interest means the interest you pay when you have an Unauthorised Overdraft in accordance with Clause 2.6 of Part 3, at such a rate as determined by the Bank from time to time, details of which are available on
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Unauthorised Overdraft Interest means the Interest supplement at the rate determined by the Bank from time to time in respect of unauthorised overdrawn amounts on a Credit facility in the Account. Chapter Two: Deposits
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Examples of Unauthorised Overdraft Interest in a sentence

  • If any of the Client’s fees are overdue, the Bank shall be entitled to charge Unauthorised Overdraft Interest for the period of the delay.

  • The interest rate applicable to the amount of the Unauthorised Overdraft will be the Unauthorised Overdraft Interest rate plus the Surcharge Interest rate and these rates will be advised to you on your statement (Unauthorised Overdraft Interest may be referred to as Debit interest on your statement).

  • It will be charged on the daily closing debit balance using our current Unauthorised Overdraft Interest rate and debited monthly or at such other times as we may require.

  • In particular we will deduct from your account(s) any interest, including any Unauthorised Overdraft Interest, when you exceed your agreed borrowing/overdraft limitor when your account(s) become overdrawn (with or without an overdraft facility in place).


More Definitions of Unauthorised Overdraft Interest

Unauthorised Overdraft Interest. A supplement to the interest under this Agreement in respect of a debit balance in the Borrower's Account which is not within an authorised overdraft facility. Utilisation A utilisation of the Facility, i.e., the provision of a Loan. Utilisation Date The date of a Utilisation. VPG Vishay Precision Group, Inc. VPI Vishay Precision Israel Ltd.
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Related to Unauthorised Overdraft Interest

  • Authorised User means those employees, agents and independent contractors of the Customer who are authorised by the Customer to use the Services.

  • Authorised Third Party means a person authorised by you to initiate trades or close existing trades using your account details, as referred to in Clause 16.

  • Authorised Representative means any natural or legal person established within the Union who has received a written mandate from a manufacturer to act on his behalf in relation to specified tasks;