Payment Cheque definition

Payment Cheque means the undated cheque payable to RAKBANK and drawn on the Primary Cardholder’s bank account (whether with RAKBANK or with another bank) for an amount specified by RAKBANK to be applied at RAKBANK’S sole discretion towards any amount outstanding in relation to the Primary Card and/or Supplementary Card(s).
Payment Cheque means the undated cheque payable to Account. RAKBANK may from time to time, vary the amount of finance charges and fees payable by the Business Plus Cardholder. Plus Cardholder subject to verification of signing authority and the Standing Instruction will be actioned subject to the availability of an adequate balance in the account on each specified payment date. Company is terminated or any other regular source of income of the Business Plus Cardholder is adversely affected (in the sole opinion of RAKBANK);
Payment Cheque means the undated cheque payable to RAKBANK and drawn on the Customer’s bank account (whether with RAKBANK or with another bank) charge shall be levied on each Cash Advance from the date of such Cash Advance until repayment in full. The Cash Advance fee (subject to a minimum amount) will also be levied on the amount of each Cash Advance and charged to the Card Account. RAKBANK may from time to time, vary the amount of finance charges and fees payable by the Customer. the availability of an adequate balance in the account on each specified payment date. iv. RAKBANK will automatically debit the Customer’s RAKBANK account or another nominated account on the payment date as specified in the Standing Instruction form. v. If sufficient balances are not available in the nominated RAKBANK account on the payment date specified in the i. Notwithstanding the payment provisions outlined under clause 5 above, all amounts outstanding on a Card Account (including that of all Additional Business Cards) together with the amount incurred by the use of a Business Card but not yet charged to the Customer’s Card Account shall be payable immediately in full upon the termination of this Agreement. ii. The Customer may at any time notify RAKBANK of his for an amount specified by RAKBANK to be applied 5. Payment Standing Instruction, then the available balance in the intention to close the Card Account and terminate at RAKBANK’S sole discretion towards any amount outstanding in relation to any Business Card(s). Details of all fees and charges are listed in RAKBANK’s Service & Price Guide. This Service & Price Guide may be amended from account may be recovered towards the Dues payable in respect of the Business Card(s), and any funds received the use of all Business Cards by giving a notice in writing and returning all Business Cards cut into half to

Examples of Payment Cheque in a sentence

  • First Name Surname ID-No. Street Postal Box Postal Code Town Telephone / Telefax E-mail @ Banking Details / Bank Account (not for annual Payment) Cheque Account Saving Account Branch Code Account Number Bank Branch Account Holder Yes No Please indicate whether you require a printed TV guide or Vermittler: Allgemeine Bedingungen für Kundenvermittlung: Keine Auszahlung von Gutschriften.


More Definitions of Payment Cheque

Payment Cheque means the undated cheque payable to half and return both halves to RAKBANK or its duly authorised agent the whole outstanding balance on the Customer’s account shall in respect of which each Card Transaction is to be recorded in the Customer’s Card Account. RAKBANK and drawn on the Customer’s bank account (whether with RAKBANK or with another bank) for an amount specified by RAKBANK and Clause 25 hereof shall henceforth be operative.
Payment Cheque means the undated cheque payable to RAKBANK and drawn on the Customer’s bank account (whether with RAKBANK or with another bank) for an amount specified by RAKBANK to be applied at RAKBANK’S sole discretion towards any amount outstanding in relation to any Corporate Card(s).

Related to Payment Cheque

  • Payment card means a credit card, charge card, debit card, or any other card that is issued to an authorized card user and that allows the user to obtain, purchase, or receive goods, services, money, or anything else of value from a merchant.

  • Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.

  • Debit Payment means a particular transaction where a debit is made.

  • Interim Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment], other than the Final Payment Certificate.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.