CUC statement definition

CUC statement means a statement of account issued by us in respect of your CUC account reflecting the CUC outstanding balance for the period specified therein; “CUC outstanding balance” includes all transactions, interest, fees, charges and liabilities (including any QC Minimum Payment) due and payable to us in any month in respect of or in connection with the CUC account and/or pursuant to this Agreement; “CUC minimum payment” for any month means the minimum payment due and payable on the CUC outstanding balance for that month, as determined in accordance with clause 5(d) of the Citibank UltraCash Customer’s agreement;
CUC statement means a statement of account issued by us in respect of your CUC account reflecting the CUC outstanding balance for the period specified therein;

Examples of CUC statement in a sentence

  • If we are unable to produce or send a CUC statement to you for any reason whatsoever, your liability for interest shall still continue.

  • In addition thereto, we may at our reasonable discretion debit from your CUC account a service charge or administration fee and any expenses we may have incurred in handling the dishonoured cheque or draft cheque or draft, including without limitation informing you of the dishonour and reflecting the adjustments to your CUC account in your CUC statement.

  • The interest which has accrued up to the date of the CUC statement shall be specified in the CUC statement.

  • The CUC statement shall be conclusive and binding on you unless we receive your written notice of irregularity within 10 days from the date of the CUC statement.

  • If you fail to receive your CUC statement within 10 days from the day of the month which is your usual CUC statement date, you must notify us immediately, failing which such CUC statement not received by you shall be deemed to be conclusive and binding on you, save in the case of our manifest or clerical error.

  • The CUC statement shall be conclusive and binding on you unless wereceive your written notice of irregularity within 10 days from the date of the CUC statement.

  • If you fail to receive your CUC statement within 10 days from the day of the month which is your usual CUC statement date, you must notify us immediately, failing which such CUC statement not received byyou shall bedeemed tobe conclusive and binding on you, save in the case ofour manifest or clerical error.

  • If you fail to receive your CUC statement within 10 days from the day of the month which is your usual CUC statement date, you must notify us immediately, failing which such CUC statement not received byyou shall be deemed to be conclusive and binding on you, save in the case of our manifest or clerical error.

  • In addition thereto, we may at our reasonable discretion debit from your CUC account a service charge or administration fee and any expenses we may have incurred in handling the dishonoured cheque or draft cheque or draft, including without limitation informing you of the dishonour and reflecting the adjustments to your CUC account in your CUC statement.

  • The interest which has accrued up to the date of the CUC statement shall be specified in the CUC statement.