SMART CHEQUE definition

SMART CHEQUE means the payment of goods or services by the Credit Cardholder for which Cardholder utilises the available Credit Limit, requests the bank to draw a pay order/cheque favoring the establishment or individual (for the purpose of paying your house rent only) and repays the transaction. Please refer page 40 or the tariff issued by the bank for applicable fees and charges. Terms and Conditions means the Terms and Conditions applicable on Credit Card issued by Standard Chartered Bank (Sri Lanka). SMART CHEQUE Terms and Conditions are in addition to the referred conditions.
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SMART CHEQUE means the payment of goods or services by the Credit Cardholder for which Cardholder utilises the available Credit Limit, requests the bank to draw a pay order/cheque favoring the establishment or individual (for the purpose of paying your house rent only) and repays the transaction.
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Examples of SMART CHEQUE in a sentence

  • The purpose of SMART CHEQUE is to enable the Cardholder to pay for goods and services by means of a pay order/cheque, using the Credit Limit available on the Card accordance with the Terms and Conditions of Standard Chartered Credit Cards.

  • Based on the Bank’s acceptance of the SMART CHEQUE instructions, the SMART CHEQUE shall be billed to the Cardholder starting from the next Statement of Account after the date of purchase as per a normal credit card transaction.

  • Any complaint as to the quality of purchased or services rendered through SMART CHEQUE shall be referred directly by the Cardholder to the supplier or merchant and shall not affect Cardholder’s obligation to continue paying the transaction value of the SMART CHEQUE to the Bank.

  • These SMART CHEQUE Terms and Conditions herein shall be without prejudice to the Terms and Conditions governing the issue of and use of the Card and shall be applicable to SMART CHEQUE Transaction.

  • The Bank is entitled at any time and without any prior notice or liability to the Cardholder in any manner whatsoever to terminate SMART CHEQUE or cancel or vary its benefits or features, or vary, or add or delete any of the SMART CHEQUE Terms and Conditions.

  • The Bank reserves the right to disqualify any Cardholder from further participation, if in its judgment, the Cardholder has in any way violated the SMART CHEQUE Terms and Conditions and/or the terms and Conditions and/or any reason that the Bank deems fit without assigning any reason whatsoever.

  • If at any time, dispute arises in connection with the SMART CHEQUE or SMART CHEQUE Terms and Conditions, the Bank’s decision in connection with the same shall be final and binding.

  • The approved SMART CHEQUE Transaction will appear on the next Statement of Account.

  • The cardholder agrees that the Bank is at the liberty to issue SMART CHEQUE requested by him/her at the risk of the Cardholder.

  • The Bank may, from time to time, as it deems fit in its absolute discretion, revise the service charge applicable to SMART CHEQUE.