Bank Cards Clause Samples
The 'Bank Cards' clause defines the terms and conditions governing the use of bank-issued payment cards, such as debit or credit cards, within the context of the agreement. It typically outlines the responsibilities of the cardholder, including proper use, security measures, and liability in case of loss or unauthorized transactions. This clause ensures that both parties understand their obligations and protections regarding card usage, helping to prevent misuse and clarify procedures in the event of disputes or fraudulent activity.
Bank Cards. 3.1.1. The debit card, which is linked to the current account, will be sent to the customer upon customer's request.
3.1.2. The Bank Card Holder can withdraw and deposit cash to/from ATMs of the Bank, Visa, MasterCard, ▇▇▇▇ or other common use systems and make purchases from Point of Sale Terminals (POS) and will be able to use the Alternative Distribution Channels and perform banking transactions through using the pin code (PIN-Personal Identification Number) which will be set by himself at the Bank branches through a method to be determined by the Bank.
3.1.3. The Bank Card Holder accepts and declares that;
3.1.4. The value date is the same working day for withdrawals and deposits during the week and the previous working day for withdrawals on holidays, and the next business day for deposits, transfers to be made from alternative delivery channels can only be performed from the account ( from cash on hand) through virement.
3.1.5. The Bank may set “standard limit” for the transactions to be conducted by the Bank Card Holder from the domestic and international ATMs and POS with his card, and/or “limit per transaction” for domestic and international cash withdrawal and shopping transactions, the card holders can change their limits within the maximum limit determined by the Bank. In addition, the Bank may notify the Bank Card Holder of any changes to these limits through the permanent data register.
3.1.6. The Bank Card Holder, who has a joint account with individual and/or single signature authorization, can define Bank Card(s) to his joint accounts. However, holders of joint accounts with joint signature authority cannot identify their Bank Card(s) to their joint account.
3.1.7. Card Holder must keep the password, card number confidential and to preserve the card and the password information required for the use of the card securely and to take the necessary precautions to prevent others from using this information. The Card Holder must immediately notify the Bank by calling the Bank’s Call Center, through Written Support steps on CEPTETEB Mobil and CEPTETEB Internet Branch channels or applying to the closest branch of the Bank if they are lost or stolen, or if he learns of any transaction that occurred against his will. For more support, our hearing impaired and speech handicapped customers can use the Video Support step at ▇▇▇.▇▇▇.▇▇▇.▇▇. The Card Holder’s liability from the losses incurred as a result of the unlawful use of the card which occurred twe...
Bank Cards. 5.1.1. Bank Card Holder shall be able to withdraw from or deposit to ATMs owned by the Bank, Visa, MasterCard, ▇▇▇▇ or other common use systems to which access will be provided,
5.1.2. Bank Card Holder may request Additional Bank Cards to be issued to the name of third parties, which will be affiliated to his demand deposit account or Accumulating Account via the channels determined by the Bank. The Client agrees that all transactions to be performed within the limits defined for himself/herself and the Additional Card Holder via ATMs for the services that are currently provided or are to be provided in future by the Bank using the card and special PIN granted by the Bank to himself/herself against signature and/or if an Additional Bank Card is granted upon his/her instruction, using the special PIN granted to the Additional Card Holders such as withdrawal of money, inquiry of account balance, password change, transfer among his/her accounts affiliated to the card that are held with the same branch or different branches will be performed without the signature of himself/herself and the additional card holders, and that he/she will be responsible for all debts to arise from the disposal by the Additional Card Holders of his/her all accounts (including Overdraft account).
5.1.3. Bank Card Holder who owns a joint account with individual and/or sole signing power may identify his/her Bank Card(s) affiliated to his/her demand deposit account that is listed under his/her client number and/or that is to be opened, with his/her joint account, and view his/her accounts and perform transactions via the channels that have been determined and/or that may be determined by the Bank. However, the joint account holders holding joint signing power may not identify their Bank Card(s) with their joint accounts.
5.1.4. The Client agrees, declares and undertakes that in case of cash withdrawal or shopping transactions performed abroad using Bank Cards that are valid in the country and abroad, the amount of transaction will be translated into TL from the foreign exchange selling rate to be determined by the Bank at the time of Bank's authorization (the authorization to be given by the Bank for the transaction before the performance of cash withdrawal and shopping transactions) and be debited to his/her demand deposit account, that the amount of cash withdrawal and/or shopping transactions to be made using Bank Cards that are valid in the country and abroad and the cash withdraw...
Bank Cards. The potential complexity of this requirement stems from multiple factors including but not limited to: the diversity of legacy systems from which to migrate; the nature of business relationships between Components, in which some Components currently act as service providers to other Components and may do so in the future; the extent to which existing business processes must be adapted to DHS-wide standard FMSS processes; the extent to which Components require interfaces with different external systems and/or integration with internal systems; the potential diversity of infrastructure hosting scenarios; and the joint program governance methodology DHS intends to use for financial systems modernization over the life of the EFSI BPA.
Bank Cards. If the Bank issues a bank card(s) to you for conducting transactions at Automated Teller Machines ("ATMs"), debit transactions for purchasing goods or services from merchants and/or for identification purposes, you agree that any such card is the property of the Bank and may be canceled by the Bank at any time without notice to you and must be surrendered upon the Bank's request. You acknowledge that the Personal Identification Number ("PIN") assigned to you for use with a bank card has the same legal effect as your signature and is personal and confidential. You agree to take all reasonable precautions so that no one else learns the PIN, including not communicating or disclosing the PIN to any other person, not writing the PIN on your bank card, and not keeping a record of your PIN in the same wallet or place as your bank card. You agree that if you give your bank card and PIN to another person, you will be responsible for any use of the card by such person, even if the other person uses the card and PIN in an amount that exceeds any limit you placed on such usage. You agree to report to the Bank any loss or theft of your bank card or any other problem concerning your Account. Your rights and liabilities will be as set forth in the Regulation E - Electronic Funds Transfer Disclosure Statement portion of this Agreement.
Bank Cards. Designated Visa and MasterCard credit cards issued by banks to individual cardholders.
Bank Cards. The Bank uses external suppliers to provide bank cards and to process the related transactions. The conditions for providing bank cards are set forth in a separate agreement, hereinafter called the ‘Cardholder Agreement’. The Client is, therefore, informed that the conditions of use for these bank cards are likely to change due to modifications made by the issuers to all or some of the clauses in the said agreement. The Client consequently declares that they accept any modifications which may be made, unless they return the card(s) in question. Refer to the cardholder agreement for more details. In departure from the stipulations laid down in the cardholder agreement, it is understood that the risk of fraud and the financial consequences which may result shall be fully borne by the Client. The cardholder is responsible for the use and safekeeping of their card and PIN code. They accept the consequences of the use of the card in so far as they have not stopped the card, in the manner set forth in the following paragraph. Any abusive or fraudulent use of the card is subject sanctions under the Law. The Client is aware of the risk of fraud associated with the use of a bank card, in particular when using it for e-commerce and when the Client does not use the PIN code to confirm the transaction. Please note that bank cards may be easily copied or duplicated as well as lost or stolen. Clients must not part with their card so as to avoid any duplication or counterfeiting, and not leave receipts for withdrawals, payments or any other document bearing the card number lying around. Likewise, they must avoid communicating their card number when making remote purchases by any means, such as by telephone, fax, and on the Internet. The Client accepts, for the entire duration of this Agreement, that the Bank may immediately and irrevocably block an amount equivalent to two (2) times the limit of the bank card that has been issued. Consequently, the Client expressly undertakes to set aside sufficient funds in advance on their Current Account and to maintain such funds as requested by the Bank throughout the term of this Agreement.