Clause of Illegal Transactions. The Cardholder/Account Holder undertakes not to use the Debit Card issued for him/her directly or indirectly for any illegal transactions or purposes subject to the rules and laws of Kingdom of Saudi Arabia and the place where he/she uses his/her card, and those which also violate the agreement signed by the Customer.
Clause of Illegal Transactions. The Cardholder/ Accountholder undertakes not to use the Debit Card issued for him/her directly or indirectly for any illegal transactions or purposes subject to the rules and laws of Kingdom of Saudi Arabia and the place where he/she uses his/her card, and those, which also violate the Agreement signed by the Customer . MADA Debit Cards from Banque Saudi Fransi Fees New Issuance of MADA Card Free ATM Cash Withdrawal / Deposit (within Kingdom of Saudi Arabia) Free POS Use of MADA Cards (within Kingdom of Saudi Arabia) Free MADA Card Renewal Free MADA Service Free MADA Card Re-issuance(lost/damaged/3 invalid password entries) SAR 30 Issuance of Additional MADA Card SAR 30 Cash Withdrawal (within GCC) SAR 10 Balance Inquiry (within GCC) SAR 3 Cash Withdrawal (International) SAR 25 Balance Inquiry (International) SAR 3.5 International Transactions (outside Kingdom of Saudi Arabia) 3% Phone Banking Service Annex-4
Clause of Illegal Transactions. The Cardholder/Account Holder undertakes not to use the Debit Card issued f or him/her directly or indirectly for any illegal transactions or purposes subject to the rules and laws of Kingdom of Saudi Arabia and the place where he/she uses his/her card, and those which also v iolate the agreement signed by the Customer. 12. Authorized Signatories The operation of the account is primarily the responsibility of the account holder or other persons authorized by the account holder and approved by the bank, and the authorization remains valid until the account holder informs the bank of its cancellation or the expiry of the regular period (five years) of the authorization/power of attorney or when the authorized person identity expires and not presents a renewed document or a valid national identity document instead of it. The authorization of operation and cancellation of the account should be through a power of attorney or authorization on the Bank’s format. Electronic services can be used to verify the authenticity of the power of attorney. Unless the account holder presents a renewed document or a v alid national identity document instead of any of these ID documents, A Power of Attorney giv en by the Accountholder, whether notarized, on Bank's f ormat or a letter of authority to an Agent/Attorney to operate the Account and to make other acts and things will be binding on the Accountholder as stipulated in the Power of Attorney / letter of authority and the Accountholder hereby requests the Bank to rely on such Power of Attorney which will remain in f orce and ef f ect until such time as the Bank receiv es f rom the Accountholder a written rev ocation of the Power of Attorney . The Accountholder shall indemnif y and hold the Bank harmless f rom any and all claims and liabilities paid or incurred by the Bank in connection with the acceptance of such Power of Attorney , and the operation of the Account by the Attorney . The Bank shall be entitled to accept/reject the Power of Attorney / letter of authority in accordance with rules gov erning the opening of Bank Accounts and general operational guidelines. 1. Authorized Signatory (s) shall hav e f ull power and authority to act on the Customer's behalf in opening and operating the Accounts with the Bank, in Saudi Riy als or any other currency and requesting cheque books and/or ATM cards and any other serv ices within the authority limits in the appointment of authorized representativ es f orm/l Power of Attorn...
