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BOV Visa Gold Card - Bank of Valletta

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8. INTEREST<br />

a) We will charge interest on Cash Transactions and<br />

Quasi Cash Transactions (as defined in Clause 15)<br />

from the date <strong>of</strong> the Cash Transaction and/or the<br />

Quasi-Cash Transaction, at the rate referred to in<br />

clause 5(b), calculated on a daily basis. The interest<br />

will be charged on the daily balance until the full<br />

repayment is made.<br />

b) No interest will be charged on other transactions<br />

provided payment in full is made and credited to the<br />

Account within 25 days <strong>of</strong> the date <strong>of</strong> the relevant<br />

statement on which they appear. Interest will then be<br />

charged on the daily balance <strong>of</strong> the amount<br />

outstanding at the rates referred to in clause 5(b)<br />

above until full repayment has been credited.<br />

9. STATEMENTS AND INFORMATION ON INDIVIDUAL CARD<br />

TRANSACTIONS IN TERMS OF THE CENTRAL BANK OF<br />

MALTA DIRECTIVE NO. 1 ON THE PROVISION AND USE OF<br />

PAYMENT SERVICES (THE ‘DIRECTIVE’)<br />

a) If there is an outstanding balance on the <strong>Card</strong>, a<br />

statement will be made available to you on a monthly<br />

basis. If you are a subscriber to the <strong>Bank</strong>’s 24x7<br />

Internet <strong>Bank</strong>ing service, the <strong>Bank</strong> may make available<br />

the statement to you electronically, in which case if you<br />

require this statement on paper, the statement will be<br />

subject to a charge as per Tariff <strong>of</strong> Charges.<br />

b) Additional copies <strong>of</strong> the statement are provided upon<br />

request at a fee as per Tariff <strong>of</strong> Charges.<br />

c) If you are a subscriber to the <strong>Bank</strong>’s 24x7 Internet<br />

<strong>Bank</strong>ing service, information in individual <strong>Card</strong><br />

transactions in terms <strong>of</strong> the Directive will be made<br />

available to you electronically. This information will be<br />

provided and updated real time. If you require this<br />

information on paper, a charge may apply as per Tariff<br />

<strong>of</strong> Charges.<br />

d) If you are not a subscriber to the <strong>Bank</strong>’s 24x7 Internet<br />

<strong>Bank</strong>ing service, information on individual <strong>Card</strong><br />

transactions in terms <strong>of</strong> the Directive will be made<br />

available to you once monthly, upon request, at any <strong>of</strong><br />

the <strong>Bank</strong>’s branches or by calling the <strong>Bank</strong>’s Customer<br />

Service Centre on +356 2131 2020. If you request this<br />

information more than once monthly, a charge may<br />

apply as per Tariff <strong>of</strong> Charges.<br />

e) You are responsible for checking statements and the<br />

information on individual <strong>Card</strong> transactions in terms <strong>of</strong><br />

the Directive (referred to above) (whether on paper or<br />

electronically) and to contact the <strong>Bank</strong> immediately if<br />

you consider that a transaction on your Account is<br />

<strong>BOV</strong> <strong>Visa</strong><br />

<strong>Gold</strong><br />

Issued:<br />

31/7/12<br />

Page xiii

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