Examples of Statement Date in a sentence
Interest will be charged to the Card Account on the next Statement Date, at the prevailing rate and will be subject to change at the Bank's discretion.
The minimum payment will be 3% of the balance outstanding as of the Statement Date, plus any excess over the Credit Limit subject to an overall minimum of RO 5/- (the "Minimum Payment").
Should the Cardholder fail to make a Minimum Payment after forty (40) days from the Statement Date, the Bank reserves the right to debit any of the Cardholder’s accounts including using the cash collateral pledged with the Bank in order to set off the Card dues.
Interest is charged on a daily basis and will accrue monthly from the Statement Date on the balance outstanding on the Card Account, less any credits that have been received by the Payment Due Date.
If, in contravention to such a provision, the Credit Limit is exceeded, then such amount exceeding the Credit Limit shall be payable in full and shall be included in the Minimum Payment payable on the next Statement Date.