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Terms & Conditions apply - Alliance Bank Malaysia Berhad

Terms & Conditions apply - Alliance Bank Malaysia Berhad

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2.17 “Retail Transaction” shall mean for the purpose of this Agreement, all<br />

transactions for the purchase of the goods and/or services incurred using the<br />

DEBIT MASTERCARD®;<br />

2.18 “Sales Draft” shall mean the relevant payment slips, receipts, forms or papers<br />

supplied by the <strong>Bank</strong> or any member institution of MasterCard® International<br />

to the Authorised Merchant for the purpose of recording, confirming and<br />

evidencing purchases or services incurred by the Cardmember through the<br />

use of DEBIT MASTERCARD®;<br />

2.19 “Securities” shall have the same meaning as is ascribed to that expression in<br />

Section 2 (1) of the Capital Markets and Services Act 2007.<br />

2.20 “Statement Date” shall mean a date of the month as determined by the <strong>Bank</strong><br />

to be the date of the Statement of Account and is printed accordingly in the<br />

Statement of Account;<br />

2.21 “Statement of Account” shall mean the periodic Statement issued by the <strong>Bank</strong><br />

to the Cardmember which shows the transactions made through the use of the<br />

DEBIT MASTERCARD®, Self-Service Terminals, the fees and charges<br />

incurred, the overdrawn amount if any and any other transaction;<br />

2.22 “Terminal” shall mean a device manually or electronically activated to read<br />

and/or record data of each charge;<br />

2.23 “Transaction Limit” shall mean the limit imposed by the <strong>Bank</strong> on the Hybrid<br />

Account for Retail Transactions which may be varied by the <strong>Bank</strong> from time to<br />

time with notification to the Cardmember;<br />

2.24 “Validity Period” shall mean the validity period prescribed by the <strong>Bank</strong> and<br />

embossed on the DEBIT MASTERCARD®;<br />

2.25 “DEBIT MASTERCARD®” shall mean any DEBIT MASTERCARD® issued by<br />

the <strong>Bank</strong> under such category(ies) and/or type(s) as may be determined by the<br />

<strong>Bank</strong> from time to time and shall include DEBIT MASTERCARD® issued in<br />

affiliation or association with any third party and/or DEBIT MASTERCARD®<br />

issued under any product or select name or references;<br />

2.26 “Withdrawal Limit” shall mean the limit imposed by the <strong>Bank</strong> on the Hybrid<br />

Account for cash withdrawals effected through ATMs or Authorised Cash<br />

Outlets which may be varied by the <strong>Bank</strong> from time to time with notification to<br />

the Cardmember;<br />

2.27 Words importing the singular number shall include the plural and vice versa.<br />

2.28 Words importing the masculine gender shall include the feminine and neuter<br />

gender and vice versa.<br />

2.29 Words applicable to natural persons shall include any body or persons,<br />

company, corporation, firm or partnership, corporate or unincorporated, where<br />

applicable.

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