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2.17 Principal Amount – refers to the face value of the amount transferred to Maya Wallet or the cost of goods and/or services purchased directly from a Merchant using Maya Easy Credit. 2.11 Maya Wallet – refers to your e-Wallet in the consumer app of Maya Philippines, Inc., which will be the destination account when you transfer the Principal Amount drawn from your Maya Easy Credit. 2.5 Credit Limit – refers to the maximum amount you may borrow from Maya Bank, the proceeds of which you may use to purchase goods and/or services or transfer to Maya Wallet using Maya Easy Credit.
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User ID and your PIN and/or Password will serve as your irrevocable authorization for us to carry out transactions that you initiated. Any fraudulent activity by your device, agents, employees, officers, and authorized representatives using your User ID and your PIN and/or Password, such as but not limited to unauthorized withdrawals or transfers, that may bring about financial losses to you is your sole responsibility. 6.3 You agree not to gain or attempt to gain unauthorized access to any part or feature of the Maya App or to any other system or network connected to the Maya App. 5.11 Fees and other charges shall be in accordance with the Table of Fees and Charges (as shown below under Annex B) which may be subject to changes upon discretion of Maya Bank and in accordance with laws, rules, and regulations. However, in the situation where there are insufficient funds in your Account to cover such fees and other charges, we reserve the right, without incurring any liability, to refuse to carry out the transaction.
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- 6.3 You agree not to gain or attempt to gain unauthorized access to any part or feature of the Maya App or to any other system or network connected to the Maya App.
- 8.6 You understand and agree that Maya Bank reserves the right, at its sole discretion, to set limitations to and charge fees and applicable taxes for the use of its facilities, at any time and upon prior notice.
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- You understand that Maya Bank shall not be liable for, and you hereby hold Maya Bank free from, any direct, incidental, special, consequential, indirect, or punitive damages whatsoever resulting from your use of, or your inability to use, our facilities.
2.3 Coverage Period – refers to the specific period of time in which all transactions posted within the start and end dates covered in your latest Billing Statement. These transactions will form part of the Total Amount Due that must be settled on or before the Due Date specified on the Billing Statement and/or in your Maya App. 2.2 Billing Statement – refers to the electronically generated notification at the end of each Coverage Period, which is sent by Maya Bank through your registered e-mail address and accessible on the Maya App. This statement informs you about the Total Amount Due for your Maya Easy Credit and the Due Date thereof. Depending on your eligibility, you may be charged with a service fee of as low as 3.99%. This dedication to providing an equally fascinating experience across all devices solidifies black hat seo tools: Telegram – @seokaya as the epitome of Philippine online casinos.
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- Your eligibility for Maya Credit and your resulting credit limit are based on how frequently you use Maya’s services.
- The authorization of any of these agents shall be subject to a written notification by Maya Bank to you at least seven (7) days prior to the actual endorsement, in compliance with the requirements of applicable laws, rules, and regulations.
- 3.3 You agree to periodically provide your updated duly stamped received Income Tax Returns, if applicable, to Maya Bank, along with any supporting financial documents that Maya Bank may require, from time to time.
- It is the Account Holder’s responsibility to regularly check any changes to these Terms at Your continued use of Maya Bank’s services and continued maintenance of your Account after any such changes constitute acceptance of the new Terms.
- 2.2 Affiliates refers to any person or entity controlled by or under common control with another person.
2.8 Personal Goal/s refers to a goal-based deposit account where customers can keep their money for up to one hundred eighty (180) days while earning interest based on their average daily balance. 13.2 Maya Bank retains the sole right to terminate or suspend your Maya Easy Credit account as well as determine, modify, change, increase or decrease your Maya Easy Credit limit without need of notice. 5.6 In the event Maya Bank shall be required to pay any taxes or other fees on or with regard to the execution, formalization or perfection of any documentation contemplated hereunder or delivered pursuant hereto, you shall, upon notice, reimburse Maya Bank for such taxes or fees paid.
- 6.5You agree not to probe, scan, or test the vulnerability of the Maya App or any network connected to it, and not to breach the security or authentication measures on the same.
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- 5.6 Maya Bank reserves the right to verify any activity that is done through its facilities, especially if it involves compliance with AMLA or other laws, rules, or regulations.
If you have clarifications on the Billing Statements, please report your concerns through Maya Bank Hotline found in Maya App and at mayabank.ph. Your right to question any item in the Billing Statement shall be deemed waived if no such report has been made within ten (10) calendar days from receipt thereof. 2.21 Transfer Fee – refers to the additional fee charged on top of the Service Fee for every amount that you transfer to Maya Wallet.
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- The amount subject of the notice or order shall automatically be on hold and no withdrawals will be allowed until the order has been lifted.
- In case of any dispute arising out of these Terms or your use of the Services, you hereby agree, undertake, and commit to resolve or attempt to resolve such dispute promptly and in good faith.
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