UNCLEARED FUNDS. 6.1. Uncleared funds, which may be credited to the account shall not be available for the Customer to draw against. If such uncleared cheques are, however, credited and/or allowed to be drawn against, the Bank shall have the right to debit the Customer’s account, in case they are lost and/or not realised.
Appears in 5 contracts
Samples: Consent Agreement, Consent Agreement, bankone.mu
UNCLEARED FUNDS. 6.15.1. Uncleared funds, which may be credited to the account account, shall not be available for the Customer to draw against. If such uncleared cheques are, however, credited and/or allowed to be drawn against, the Bank shall have the right to debit the Customer’s account, in case they are lost and/or not realised.
Appears in 3 contracts
Samples: bankone.mu, bankone.mu, bankone.mu