Important information is in bold. Please read this agreement or ask a consultant to explain it to you. This agreement is a binding agreement and you must comply with it.
2. Use of your Account and Card
Please carefully read the schedule of fees and charges associated with your Card and Account. We will debit fees and charges to your Account for your Card and Account.
Interest is calculated on the daily credit balance and paid monthly. If the date on which we must pay you interest falls on a Sunday or public holiday, we will pay you the interest on the next business day. For more information on the credit interest you will earn contact your nearest branch or visit www.finbondmutualbank.co.za.
You will not receive a monthly statement on your Account via post. You are entitled to one free emailed statement per month. You may obtain a statement at an automatic teller machine or a Finbond branch.
6. Account fees and charges
Please read the schedule of fees and charges associated with this Savings Account. If you require any help or an explanation, please ask your consultant to explain the fees and charges to you.
We may cancel this agreement on reasonable notice to you, unless the Account is being used fraudulently or for an illegal purpose or if the Account has not been used for 3 (three) months. If we cancel the agreement the Card and Account will not work.
8. Limitation of liability
We are not liable if a transaction cannot be processed if there is insufficient money in your Account or in an automatic teller machine, there is a system malfunction or for any other reason beyond our control, or if your Card is lost or stolen and used by someone else.
9. General Terms & Acknowledgment
10. Data Protection and Identification