RAKBANK definition

RAKBANK means The National Bank of Ras Al-Khaimah (P.S.C.) its successors and assigns.

RAKBANK means The National Bank of Ras Al Khaimah (Public Joint Stock 5.4 RAKBANK’s record of all ATM Transactions effected by use of a Card will be

RAKBANK means The National Bank of Ras Al Khaimah (P.S.C.).- Islamic 5.3 The Card may be used at any ATM of the Provider or of any other bank or Card Statements sent to him/her shall be sufficient for the purpose of

Examples of RAKBANK in a sentence

• I hereby authorize The National Bank of Ras Al Khaimah P.S.C. or any of its subsidiaries or affiliates (“RAKBANK”) to disclose all information it holds about me, the entity, or any of my current or future accounts with RAKBANK to UAE regulatory authorities and/or with any other regulatory authorities as required by UAE law.

• DEFINITIONS1) “ATM” means an automated teller machine or any Card operated machine or device whether belonging to RAKBANK or other participating banks or financial institutions nominated from time to time by RAKBANK, which accepts the Card.

• The Customer agrees that in the event of change in signatories, RAKBANK can proceed with newly signed DDA form signed by the new signatories without obtaining a signed cancellation from existing signatories.

• RAKBANK is required to act in accordance with laws and regulations of the United Arab Emirates as well as laws and regulations of other states/countries in whose currencies it transacts including regulations issued by the United Nations, United States and Council of European Union.

• Such conversion shall be effected at such rate of exchange as may be conclusively determined by RAKBANK at its discretion on the date of posting of such payment into the Card Account.

• Where payment is received in any currency other than the billing currency, such payment shall be credited to the Card Account only after the relevant funds have been received for value by RAKBANK in United Arab Emirates and converted to the billing currency.

• YAP Account offers you a RAKBANK issued IBAN (Non Islamic Current) Account.

• As part of that Account Agreement, AMBIT provided its banking information as follows: RAKBANK, GOLD SOUQ, DEIRA, Dubai, UAE, Account # XXXXXXXXXXXXXXXXXXXXX02 (the RAK Bank Account).1 Compl.

• RAKBANK shall be entitled at its sole discretion to vary the rate or method of calculation of the annual fees, handling charges, finance charges, the specified Minimum Amount Due, and/or late payment charges or any other fees or charges.

• I/We hereby undertake to provide Direct Debit Authority Form or repayment cheques, if applicable to RAKBANK upon request.

More Definitions of RAKBANK

RAKBANK means The National Bank of Ras Al-Khaimah (P.J.S.C.) its transaction record. Due Date or on a particular day of each month. statement issued to the Customer showing particulars of the Card successors and assigns.

RAKBANK means The National Bank of Ras Al Khaimah (P.S.C) having its office address at

RAKBANK means The National Bank of Ras Al- Khaimah (P.S.C.) its successors and assigns.

RAKBANK means The National Bank of Ras Al Khaimah iii. The Business Plus Cardholder may choose not to settle payment not effected due to insufficient funds in RAKBANK but not limited to, a merchant transaction, a cash advance or (P.S.C.) its successors and assigns. the Current Balance in full, in which case the Business Plus account and this will be charged to the Card Account. a purchase through the internet; or,

RAKBANK means The National Bank of Ras Al Khaimah (P.S.C), PO documents: as accumulated balance in the Credit Card Statement.