means the deposit account(s) you hold with us.
means United Arab Emirates dirham.
means an automated teller machine at which you can make cash withdrawals and obtain certain information regarding your Account.
means a transfer to your credit card account of an amount you owe to another lender or such other transactions as we tell you are to be treated as a Balance Transfer.
means the Annual Percentage Rate.
means Monday to Friday, excluding any day which the Central Bank of the UAE declares is a bank holiday, unless otherwise stipulated.
means any cash withdrawal, purchase of travellers cheques or foreign currency, money order or transfer made at your request (excluding Balance Transfers).
means the agreement you have entered into for the provision of a Credit Facility.
means a loan, credit card, overdraft facility or other facility notified to you as constituting a Credit Facility provided by us to you.
means your Credit Agreement and these General Terms.
means the fee we charge if you decide to settle your Credit Facility earlier than the date on which the facility matures, as provided for in the Credit Agreement.
means these Personal Lending General Terms and Conditions.
means the monthly installment payments you must make in order to repay your loan.
means any Account that you share with another person.
means any claims, demands, losses, damages, liabilities, actions, suits, proceedings, costs and expenses (including legal and any other professional advisers’ fees) and any other liability of whatever nature or description howsoever arising.
refers to us, Al Maryah Community Bank LLC, and us or we shall be construed accordingly.
means our own branded and operated ATM.
means the minimum amount you are required to pay to us each month with respect to any credit card, as specified by the bank, provided by us to you.
means the facility provided by us which allows you to access Account information and access any other services we may provide on your mobile device via our Mobile Banking App.
means our mobile application, as may be introduced, replaced, updated, upgraded or modified from time to time, which allows you to access Account and Credit Facility information and services using your mobile device.
means any transaction under which payment for goods and/or services is made using your credit card.
means the facility that we make available on our Website, accessible through the internet network, which allows you to access Account and Credit Facility information and access any other services that we may provide online.
means a feature you may request during the term of your loan whereby your Instalment will be postponed to a future date, as agreed with us.
means the Account into which your salary is paid.
means any events set out at clause 11.1 (What is a Termination Event) of these General Terms.
means the United Arab Emirates, and Emirate means any one of the seven emirates of the UAE.
GENERAL TERMS AND CONDITIONS
Information about our agreement with you