Declaration:
In consideration of the Bank pursuant to the Company request, making available Business Debit Card and issuing to me/us and/or my/our Staff
Business Debit Card ('the Cards') for use at approved ATM and Point of Sale ('POS') terminals ('Terminals'), l/we agree to be bound by the following
Terms and Conditions:
1. At all times to regard the Cards as the property of the Bank and to surrender all or each of them unconditionally and without reservation upon
demand by the Bank.
2. The Bank shall provide the Card(s) to such Staff as shall be notified by me/us from time to time I/we agree to provide to the Bank in writing the
name(s) and full signature(s) and evidence of the identity of the person(s) authorised to hold the Card(s).
3. I/We agree that I am/ We are responsible to keep the Bank notified and updated with any changes/amendment in the authorized persons,
such as deletion of authority, by a notice made in writing and duly signed by me/us and delivered to the Bank.
4. To restrict use of the Cards exclusively to me/us and to my/our Staff as they are not transferable.
5. To keep these Cards and all information relating thereto secure and confidential and not to allow any unauthorised person(s) access to them.
6. Not to use or attempt to use and at all times to guarantee that the Staff will not use or attempt to use the Cards unless there are sufficient
funds in my/our account to cover the withdrawal or payment.
7. Not to use or attempt to use and at all times to guarantee that the Staff will not use or attempt to use any of the Cards after any notification of
its/their cancellation or withdrawal has been given to me/us by the Bank or by any person acting on behalf of the Bank.
8. At no time and under no circumstances to disclose to any person the Personal Identification Numbers (“PINS”) allocated to me/us and my/our
Staff to facilitate the use of the Cards at any Terminal.
9. Cash Withdrawal and purchase limits are subject to change. In the event of any variation in the limits allocated on the Cards. l/we accept and
agree that existing cards shall be cancelled and issued afresh.
10. To immediately notify the Bank of the loss or theft of any of the Cards.
11. To accept full responsibility for all transactions processed from the use of the Cards except any transactions occurring after the Bank shall have
confirmed to me/us that it has received notice of loss or theft of any of the Cards or of unauthorised acquisition of the PINS.
12. Subject to (10) above, to accept the Bank's record of withdrawals and/or payments as conclusive and binding for all purposes and to authorise
the Bank to debit my/our account with all amounts withdrawn or paid with or without my/our knowledge or authority.
13. l/We acknowledge that the amount stated on the ATM screen or a printed enquiry slip or receipt advice shall not for any purpose whatsoever
be taken as conclusive of the state of my/our account with the Bank.
14. The Bank will not be responsible for the Cards not being honoured at any Terminals for any reason.
15. Not hold the Bank liable, responsible or accountable in any ways whatsoever for any and all actions, proceedings, costs or damage (including
legal costs) howsoever arising caused by any mechanical defect in or insufficiency of funds in or malfunction of any Terminal.
16. Not to hold the Bank liable, responsible or accountable in any way whatsoever for any indirect or consequential losses or any economic loss,
injury or damage howsoever arising caused by my/our, and/or the Staffs' use or misuse of the Cards, PINS and/or the Cards.
17. That I/we will fully indemnify the Bank for any and all actions, proceedings, costs or damage (including legal costs) it may have suffered in
connection with the delivery of the Card(s) or PIN(s) or the use or provision of the Cards and/or my/our and/or the Staff's use/misuse of the
Cards, PINS.
18. Notwithstanding and without prejudice to the general provisions of (14) and (15) above, the use of the Cards shall be at my/our sole risk and
l/we assume any and all risks incidental to or arising out of the use of the Cards.
19. I/We agree to return the Cards for cancellation should they no longer be required or should my/our account with the Bank for any reason be
closed.
20. I/We agree to (i) call the Bank if and when l/we wish to cancel any or all of the Cards and (ii) confirm any or all of the Cards cancellation in
writing no later than 48 hours after I/we called the Bank concerning the cancellation of any or all of the Cards. The Bank shall be at liberty to
terminate the Cards at any time without notice to me/us by cancelling of refusing to renew the Cards.
21. The Bank reserves the right to vary these Terms and Conditions at any time without prior notice to me/us.
22. That I/we have read and agree to be bound by the Banks Terms and Conditions relating to all Bank Accounts