Statement Balance definition

Statement Balance means the total debit balance (inclusive of all Charges) outstanding on the Card Account payable to the Bank according to the Bank's records as of the date of the Statement of Account.
Statement Balance means the total amount outstanding on a Card Account as specified in a statement issued to the Cardholder.
Statement Balance means the amount including interest; the Cardholder owes the Bank on the Statement date.

Examples of Statement Balance in a sentence

  • A statement of the turnover, Profit and Loss Account/Income Statement, Balance Sheet/Statement of Financial Position and Statement of Cash Flow for the most recent year of trading for this organisation.

  • Each Financial Statement (Balance Sheet and Income Statement) must have been audited by an independent auditor licensed to practice as a certified public accountant (CPA).

  • The financial statements comprise the Comprehensive Income and Expenditure Statement, Movement in Reserves Statement, Balance Sheet and notes to the financial statements, including a summary of significant accounting policies.

  • Payment of the Statement Balance includes payment of all fees, charges, costs and expenses in connection with Card Transactions.

  • Wherever details for Audited Balance Sheet, Financial Statement, Balance Sheet/Auditor Certificate of last 5 years are sought, the last 5 year shall be preceding the year in which Bid submission is to be made.


More Definitions of Statement Balance

Statement Balance means the total outstanding balance of your Believe Card at the end of any Billing Cycle, as shown on your Statement. The Statement Balance is calculated as the sum of any outstanding balance from the previous month and purchases and transactions posted to the Believe Card, minus any payments and credits that we receive.
Statement Balance means the Charges payable under each Credit Card Account as set out in a monthly statement as described under paragraph 5.
Statement Balance means Outstanding Balance minus repayment amounts in connection with the installment transactions which are not yet due on a specific Statement.
Statement Balance means the outstanding amount specified in the Card Statement.
Statement Balance means the total amount, including principal, interest, and fees outstanding under your Account at the end of each billing cycle.
Statement Balance means the balance in an Account after crediting all deposits (including deposits that have not yet been collected by Dime) and deducting all withdrawals.
Statement Balance means the outstanding amount specified in the Card Statement. c. Usage of Credit Card 5 (c) (ii) The Cardholder is required to comply with the Credit Limit for the Credit Card and; (1) must immediately pay the Bank for any sum used in excess of the Credit Limit (whether formally demanded or not); and Overlimit (if any) to the Bank by the Due Date, or immediately upon the Bank's request, whichever is earlier; and (2) remains liable for all transactions effected through the use of the Credit Card even if the aggregate outstanding balance of the Card Account exceeds the Credit Limit. (iii) The Bank may suspend further use of the Credit Card or Card Account until the Overlimit is settled in full. c. Usage of Credit Card 7 (b) The Statement Current Balance specified on the Card Statement is due and payable by the Customer on the Due Date c. Usage of Credit Card 7 (c) The Cardholder may elect to pay less than the Statement Current Balance provided that the Cardholder makes the Minimum Monthly Payment Due on the Due Date. c. Usage of Credit Card 7 (d) If the Cardholder pays the Bank less than the Current Balance by the Due Date, the Finance Charge shall be imposed against the Card Account. Where the Cardholder has more than one Credit Card and each Credit Card has its own Credit Limit, the Minimum Monthly Payment shall be applicable to each of the Credit Cards. c. Usage of Credit Card 7 (e) Where the Cardholder has more than one Credit Card and each Credit Card has its own Credit Limit, the Minimum Payment Due of RM50 shall be applicable to each of the Credit Cards, even if the total of 5% of the Current Balances and the unpaid minimum payment specified in the preceding month’s Card Statement is less than RM50. If the Cardholder pays the Bank less than the Statement Balance by the Due Date as prescribed in the current month’s Card Statement, Finance Charge will be imposed on all outstanding balance (except taxes (if any) and, Late Payment Fee (if any)) from posting date until full settlement. c. Usage of Credit Card 7 (f) If the Cardholder pays the Bank less than the Current Balance by the Due Date, Finance Charge will accrue on the outstanding balance of Retail Transactions that is unpaid after the Due Date immediately following the Statement Date in which the Retail Transactions are posted to the Card Account, calculated from the date of posting until any payments are credited to the Card Account and thereafter on the reduced balance. If the Cardholder settle t...