Common use of Card Limits Clause in Contracts

Card Limits. 3.1 The Bank may set card limits (“Card Limits”) with respect to the use of the Card and may vary the Card Limits without notice. The Card Limits will apply to all point of sale transactions card not present transactions, and contactless transactions including usage of the Card for ATM Card Transactions and Cash Out services. 3.2 Where an Account has been linked with Mighty FX, the Card Limits set will apply to Card Transactions in Singapore dollars and foreign currencies. For the purpose of calculating the Card Limit, Card Transactions in a currency other than Singapore dollars will be converted to Singapore dollars at such time and rate as the Bank may determine in accordance with its usual practice. 3.3 Notwithstanding any Card Limit that may be prescribed, the Bank may in its absolute discretion approve any proposed Card Transaction and/or ATM Card Transaction and allow the Card Limit to be exceeded, even in the absence of any request from the Cardmember, provided always that the Cardmember must forthwith pay such amount in excess of the Card Limit. 3.4 Where the Bank in its absolute discretion, allows any amount in the Account to be overdrawn for whatsoever reason, the Cardmember shall immediately pay on demand such amount overdrawn with interests, as may be prescribed by the Bank from time to time in its absolute discretion, on the same amount overdrawn. 3.5 In calculating whether any of the Card Limits has been exceeded, the Bank may take into account the amount of any Card Transaction and/or ATM Card Transaction not yet debited to the Account and of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction and/or ATM Card Transaction. 3.6 The Cardmember must not use the Card such that the Cardmember exceeds any of the Card Limits imposed on the Card by the Bank from time to time. 3.7 The Cardmember must notify the Bank promptly in writing of: (a) any intention to reside outside Singapore for more than six months; (b) any change of address of the Cardmember; and (c) any other change in the Cardmember’s particulars or any other information as may be requested by the Bank from time to time.

Card Limits. 3.1 The Bank We may set card limits (“Card Limits”) with respect to the use of the Card and may vary the Card Limits without noticeprior notification to you. The Card Limits will shall apply to all point of sale transactions transactions, card not present transactions, and contactless transactions including usage of the Card for ATM Card Transactions and Cash Out services. 3.2 Where an Account has been linked with Mighty FX, the Card Limits set will apply to Card Transactions in Singapore dollars and foreign currencies. For the purpose of calculating the Card Limit, Card Transactions in a currency other than Singapore dollars will be converted to Singapore dollars at such time and rate as the Bank we may determine in accordance with its our usual practice. 3.3 Notwithstanding any Card Limit that may be prescribed, the Bank we may in its at our absolute discretion approve any proposed Card Transaction and/or ATM Card Transaction and allow the Card Limit to be exceeded, even in the absence of any request from the Cardmemberyou, provided always that the Cardmember you must forthwith pay such amount in excess of the Card Limit. 3.4 Where the Bank in its we at our absolute discretion, allows allow any amount in the Account to be overdrawn for whatsoever reason, the Cardmember you shall immediately pay on demand such amount overdrawn with interests, as may be prescribed by the Bank us from time to time in its at our absolute discretion, on the same amount overdrawn. 3.5 In When calculating whether if any of the Card Limits has been exceeded, the Bank we may take into account the amount of any Card Transaction and/or ATM Card Transaction not yet debited to the Account and of any authorisation given by the Bank to a third party in respect of a prospective Card Transaction and/or ATM Card Transaction. 3.6 The Cardmember You must not use the Card such that the Cardmember exceeds in excess of any of the Card Limits imposed on the Card by the Bank us from time to time. 3.7 The Cardmember You must notify the Bank us promptly in writing of: (a) any intention to reside outside Singapore for more than six months; (b) any change of address of the Cardmemberin your address; and (c) any other change in the Cardmember’s your particulars or any other information as may be requested by the Bank us from time to time.