Common use of ATM Usage Clause in Contracts

ATM Usage. 5.1.1 The Card can be used at Bank’s ATMs and ATMs of other banks worldwide, which are on Lankapay, MasterCard, Maestro and Cirrus ATM network. 5.1.2 As a security feature, the Card issued will be initially inactive for use at ATM. In order to activate the Card for Transactions at ATM, the Cardholder will be required to call the Bank’s Call Centre. 5.1.3 The OTAC sent by the Bank is not the PIN number. The Cardholder must generate the PIN number by using the OTAC through Cargills Bank Internet Banking or Cargills Bank Mobile Banking or at any Cargills Bank ATM. 5.1.4 The Cardholder will not be able to perform Cash Withdrawals from ATMs with the Card unless the Cardholder uses the PIN issued by the Bank. 5.1.5 The Bank may at its discretion withdraw temporarily or terminate the ATM fund transfer facility and all fund transfer facility for all types of Transactions. The Bank also reserves the right to change the maximum per day limit for fund transfers, purchases and cash withdrawals through ATMs. 5.1.6 Cash withdrawals performed by the Cardholder other than at Bank’s ATMs will be subject to a cash withdrawal fee as per the prevailing tariff of charges which will be debited to the Account. 5.1.7 For all cash withdrawals at a Bank ATM, any statement issued by the ATM at the time of withdrawal shall be conclusive, unless verified otherwise by the Bank. Any such verification shall likewise be final and conclusive and this verified amount will be binding on the Cardholder. 5.1.8 The Cardholder shall not hold the Bank liable, responsible or accountable in anyway whatsoever for any loss and/or damage arising or caused due to any malfunction or failure of the Card or the ATM or insufficient funds in the ATM. 5.1.9 The Bank shall at its absolute discretion limit the Card Usage Limit for withdrawal of cash at ATM using the Card and the Cardholder will be able to withdraw cash from the ATM only up to such limit.

ATM Usage. 5.1.1 The Card can be used at Bank’s ATMs and ATMs of other banks worldwide, which are on Lankapay, MasterCard, Maestro and Cirrus ATM network. 5.1.2 As a security feature, the Card issued will be initially inactive for use at ATM. In order to activate the Card for Transactions at ATM, the Cardholder will be required to call the Bank’s Call Centre. 5.1.3 The OTAC sent by the Bank is not the PIN number. The Cardholder must generate the PIN number by using the OTAC through Cargills Bank Internet Banking or Cargills Bank Mobile Banking or at any Cargills Bank ATM. 5.1.4 The Cardholder will not be able to perform Cash Withdrawals from ATMs with the Card unless the Cardholder uses the PIN issued by the Bank. 5.1.5 5.1.4 The Bank may at its discretion withdraw temporarily or terminate the ATM fund transfer facility and all fund transfer facility for all types of Transactionstransactions. The Bank also reserves the right to change the maximum per day limit for fund transfers, purchases and cash withdrawals through ATMs. 5.1.6 5.1.5 Cash withdrawals performed by the Cardholder other than at Bank’s ATMs will be subject to a cash withdrawal fee as per the prevailing tariff of charges which will be debited to the Account. 5.1.7 5.1.6 For all cash withdrawals at a Bank ATM, any statement issued by the ATM at the time of withdrawal shall be conclusive, unless verified otherwise by the Bank. Any such verification shall likewise be final and conclusive and this verified amount will be binding on the Cardholder. 5.1.8 5.1.7 The Cardholder shall not hold the Bank liable, responsible or accountable in anyway whatsoever for any loss and/or loss, damage arising or caused due to any malfunction or failure of the Card or the ATM or insufficient funds in the ATM. 5.1.9 5.1.8 The Bank shall at its absolute discretion discretion, limit the Card Usage Limit for withdrawal of cash at ATM using the Card and the Cardholder will be able to withdraw cash from the ATM only up to such limit.