Seylan Automated Bill Settlement

Terms and conditions

• The Automated bill settlement facility (the ‘facility’) is available on all primary Seylan Credit Cards & CASA.
• Supplementary Cardholders will only be eligible for the facility if the respective connection/service(s) of the service provider (service provider shall herein after be referred to as the ‘establishment’) is approved and consented to by the primary Cardholder under the supplementary Cardholder’s name.
• The Cardholder / Account holder shall continue to make payment in the usual manner to the relevant establishments until the next bill generates.
• The Bank shall have the right to effect a part payment of a particular bill if there is no sufficient funds available in the Card/Account holder’s account.
• Any replacement or upgrade of a Card shall not amount to a Cancellation or Exit from the service until the Card/Account holder expressly forward a letter of termination to the Bank for such purpose.
• The Bank shall not be liable for the quality of the goods and/or services provided by the establishment concerned.
• Card/Account holders who have registered for SMS Alert service will receive a message (SMS) on each and every completed and/or declined transaction. If a Card/Account holder receives a declined message due to non-availability of funds, the Card/Account holder shall make due settlement or due deposit in cash on such due payments without further delay.
• In the event of a registration through the Credit Card, neither the Bank nor any establishment will be liable for any disconnection(s) discontinuation of services effected if the Cardholder fails to make due payments to any establishment prior to registration of the Cardholder for the facility.
• The Bank reserves the right not to make any payments under the facility in respect of the Card/Account holder in the event of lack of funds or delinquency of the Cardholder/ Accountholder or where the Seylan Credit Card of the Cardholder (the card) cannot be honored in accordance with the terms and conditions of the bank governing Credit/ Debit cards or where the establishment has committed an error in processing the application of the Cardholder/ Accountholder or in forwarding the billing details of the Cardholder/ Accountholder. In such an event the bank also reserves the right to immediately discontinue the facility altogether in respect of such Cardholder/ Accountholder. Provided however that notwithstanding the immediately preceding provisions the bank may in such circumstances make such payments at its sole and absolute discretion.
• The Bank may but shall not be liable to inform the Cardholder/ Accountholder of payments not effected under this facility on the due date(s) for any of the reasons stated in clause 9 above.
• The Bank shall be entitled to debit the account of the Cardholder /Accountholder any payments made by the Bank under the facility at any time.
• In the event of the service with the Credit Card, the Bank may at its sole and absolute discretion continue to make payment under the facility even where the Cardholder’s Card account exceeds the limit and the Cardholder will be liable for all charges including interest and over limit charges accordance with the Terms and Conditions of the Bank governing credit cards.
• Any request by a Cardholder/ Accountholder for cancellation of the facility must be made to the Bank in writing and shall only become effective on the Bank confirming to the Cardholder/ Accountholder via SMS/Email.
• The Bank reserves the right to refuse any application of a Cardholder/ Accountholder for registration for the facility at its sole and absolute discretion without assigning any reason thereof.
• The Bank reserves the right to terminate the facility in respect of any Cardholder/ Accountholder at any time in it’s sole and absolute discretion without assigning any reason, upon giving the Cardholder/ Accountholder one month notice period in writing of such termination to the last recorded address.
• Any notice given to the Cardholder/ Accountholder by the Bank hereunder shall be deemed to have been received by the Cardholder/ Accountholder seven (7) days after posting to the last recorded address of the Cardholder/ Accountholder.
• The bank shall not be liable for any disconnection/discontinuations of services by any establishment for any reason or the consequences of any delays or failures by any establishment.
• The Cardholder/ Accountholder is bound by the Seylan Credit Cards/ CASA terms and conditions of the Bank and the respective terms and conditions governing this facility stated herein and by the terms and conditions of the respective establishment.
• The Bank reserves the right to modify any of the rules, terms and conditions applicable to the facility including these terms and conditions at any time without prior notice.
• In the event of any dispute arising, the decision of Seylan Bank or the respective establishments shall be final and binding on the cardholder.
• The cardholder shall continue to use the Automated Bill Settlement facility least for a period of one year.