Cash Advance Draft definition

Cash Advance Draft means the relevant slips, forms or papers supplied by the Bank or any member institution of Visa International or MasterCard International to the Authorised Cash Outlet for the purpose of recording, confirming and evidencing cash withdrawal by the Cardholder through the use of the VISA/MASTERCARD CARD to be charged to the VISA/ MASTERCARD CARD Account;

Examples of Cash Advance Draft in a sentence

  • Such Cash Advance Draft shall be deemed by the Bank upon receipt as a properly incurred and duly authorised Card Transaction of the Cardmember.

  • Such Cash Advance Draft when received by the Bank shall be treated as properly incurred and duly authorised by of the Cardmember.

  • Such Cash Advance Draft to be deemed by the Bank upon receipt as a properly incurred and duly authorised Card Transaction of the Cardmember.

  • To effect a Cash Advance, the Cardmember shall sign on a Cash Advance Draft.

  • Advance using the Card at the Bank or member institution of Visa International/Mastercard Worldwide, the Cardmember shall sign on a Cash Advance Draft prepared by the Bank or member institution of Visa International/Mastercard Worldwide, as the case may be, or shall enter his PIN.

  • Such Cash Advance Draft when received by the Bank, shall be treated as properly incurred and duly authorised by the Cardmember.