Recording of Transactions. The customer authorizes the bank to do the following: 1- Recording the value of any card transactions, its fees, and any financial consequences and attachments on the customer’s card account with the bank, as well as the customer is obliged to pay the debit balance due on him in accordance with all the terms and conditions of this agreement (which includes the general conditions for all types of cards and for each card), this balance remains valid and owed by the customer even after the card has expired or even after its cancellation (for any reason) until the debit balance due is paid in full by the customer, bearing in mind that this agreement does not include prepaid cards and corporate credit cards.
Appears in 3 contracts
Sources: Islamic Credit Card Agreement, Islamic Credit Card Agreement, Islamic Credit Card Agreement