Cardholder Monthly Spending Limit and Facility Limit Sample Clauses

Cardholder Monthly Spending Limit and Facility Limit. 3.1 If we have a good reason (for example, if the Cardholder breaks this Agreement or there is suspected fraud involving the Card or PIN or if there is a change in how you operate the Account or in the Business’ financial circumstances, giving us reasonable grounds to believe that you may have difficulty meeting your commitments) and we consider it reasonably necessary we may
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Cardholder Monthly Spending Limit and Facility Limit. 3.1 If we have a good reason (for example, if the Cardholder breaks this Agreement or there is suspected fraud involving the Card or PIN or we determine that the transaction falls within a category that poses a high risk of financial loss to the Business or if there is a change in how you operate the Account or in the Businessfinancial circumstances, giving us reasonable grounds to believe that you may have difficulty meeting your commitments) and we consider it reasonably necessary we may (i) suspend, withdraw or restrict the use of the Card and PIN at any time and/or (ii) decline a Transaction and/or reduce the Facility Limit and Cardholder Monthly Spending Limit at any time. Unless it is not permitted for regulatory or legal reasons or may compromise your or the Bank’s security, we will tell you orally or in writing before we take this action, or as soon as possible afterwards. You may request that your Card is no longer suspended, withdrawn or restricted by contacting your commercial banker on +00 (0)00 0000 0000. If you wish to increase your Facility Limit, please speak to your commercial banker.

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