Customer (as particularised in Part B of the CashVantage Financing-i Application Form) applies for the Facility on, and agrees to be bound by this Terms and Conditions document and any variation thereof or addition thereto as Alliance Islamic Bank Berhad (“Bank”) may prescribe from time to time upon notice:

The Bank reserves the right to vary the Terms and Conditions, fees and charges applicable to the Facility by providing at least twenty one (21) calendar days notice to Customer before the variation is effective. The notice of the variation may be given to the Customer via:

1. SMS; and/or
2. email; and/or
3. announcement at the Bank’s website; and/or
4. insertion in the statement of account ; and/or
5. by any other means of notification which the Bank may select.

Customers are reminded to access the Bank’s website at regular intervals to view the Terms and Conditions of the Facility and to ensure that they are kept up-to date with any changes or variations to these Terms and Conditions.

13. has any of his current accounts closed by any bank following the requirements of the applicable regulations from time to time governing dishonored cheques and/or policies of the said bank maintaining such current accounts, notwithstanding that his current account(s) with Bank, whether held solely or jointly with others, has been conducted satisfactorily; or
14. there is a breach of any of the provisions contained in the Financial Service Act 2013 or any prevailing laws or regulatory requirements or directives or guidelines issued or which may from time to time be issued or amended by BNM pertaining to the grant of this Facility generally or to persons connected with the Bank.

All solicitors’ fees (on solicitor and client basis) incurred by the Bank in relation or in connection with or incidental to provision of the Facility and/or the Bank’s enforcement of its rights under the Facility shall be payable by the Customer and may, as per the bank’s internal policies, be debited to the Customer’s stated account or other account(s) with the Bank.

The Bank will apply any payment of monies received firstly for instalment, then for other outstanding monies, as per the bank’s internal to revise the priorities accordingly if necessary. If any amount received or recovered in respect of the Customer’s liabilities hereunder or any part thereof is less than the amount than due, Bank shall apply that amount in such proportions and order or priority and generally in such manner.

1. the Bank's related companies or any associated company of the Bank (the Bank together with the aforesaid related/associated companies are collectively referred as "Alliance Bank Group") and their assignees and successors-in-title. For avoidance of doubt, disclosure to the Alliance Bank Group shall be for facilitating the operations, businesses, cross-selling and other purposes of the Bank and/or the Alliance Bank Group;
10. any other persons or entities with the Customer’s prior consent.