Designated Account and Card Limit Sample Clauses

The "Designated Account and Card Limit" clause defines the specific account to which a card is linked and sets a maximum spending or withdrawal limit for that card. In practice, this means that all transactions made with the card will be debited from the named account, and the cardholder cannot exceed the pre-established limit, regardless of the account's actual balance. This clause serves to control financial exposure and manage risk by preventing unauthorized or excessive use of the card.