APPLICATION PROCESS

Step 1 Select your Card Choice.
Step 2 Complete General Information. Sign and date it.
Step 3 Compile your Additional Required Documents.
Step 4 Complete the Security Pledge Agreement. Sign and date it, have your signature witnessed
Step 5

Print and Send completed application form, with the additional required documents to Hallmark Trust Limited, to the address below. See payment instructions located in For Faster Processing section below.

  Secured Access Code: ______________________
THIS NUMBER MUST BE USED IN ALL COMMUNICATIONS AND
ACCESS TO OUR CARDHOLDER LOGIN PAGE.


Please contact us to obtain your Secure Access code at service@lochaven.tc

 
1. CARD CHOICE Gold ____ Standard ____
2. GENERAL INFORMATION (PLEASE PRINT CLEARLY)
___________________________________  
FIRST NAME
_____________________________________
SURNAME
___________________________________    
DATE OF BIRTH
Male ___ Female ___
________________________________________________________________________________
NAME AS IT IS TO APPEAR ON THE CARD - LIMIT 22 SPACES
________________________________________________________________________________
ADDITIONAL LINE IF REQUIRED - LIMIT 22 SPACES
________________________________________________________________________________
ADDRESS FOR CARD AND PIN
________________________________________________________________________________
(_______)___________________________
TELEPHONE NUMBER
(________)____________________________
FAX NUMBER
________________________________________________________________________________
E-MAIL
________________________________________________________________________________
MAILING ADDRESS FOR STATEMENTS IF NOT RECEIVED BY INTERNET
________________________________________________________________________________
SOURCE OF FUNDS
________________________________________________________________________________
EXPECTED ANNUAL TURNOVER ($)
________________________________________________________________________________
Card Delivery Mail ___ Courier ___
Statement Delivery Mail ___ Internet ___
Credit Line Requested US$ __________________________________
Amount of Deposit (125%)
(Payable to Hallmark Trust Limited)
US$ __________________________________
Method of Payment of Deposit
  Wire Transfer ____ Bank Draft ____ Cheque ____  

Applicants Signature


___________________________________
SIGNATURE OF CARDHOLDER
_____________________________________
DATE
Additional Cardholder
___________________________________  
FIRST NAME
_____________________________________
SURNAME
___________________________________  
DATE OF BIRTH
Male ___ Female ___

___________________________________
SIGNATURE OF ADDITIONAL CARDHOLDER
_____________________________________
DATE

 

3 ADDITIONAL REQUIRED DOCUMENTS

In addition to the COMPLETED application and security deposit, applicants must provide the following:

INDIVIDUAL (AND EACH ADDITIONAL CARDHOLDER)

  • At least one personal letter of reference from a bank or professional not more than 30 days old addressed to Hallmark Trust Limited confirming address
  • A notarized copy of passport photo page for each cardholder
  • An original of a recent home utility bill or current (not more than 3 months old) credit card statement.


CORPORATE

If either or both the cardholder or the pledgor is going to be a company we will require:

  • Certificate of Incorporation
  • At least one letter of reference from a bank or professional
  • Resolution to operate account and name of officer/s responsible
  • Authorized signatures and notarized copy of their passport photo page
  • Guarantee and Waiver


4 SECURITY PLEDGE AGREEMENT

I / We                                                                                                                      (“the Pledgor”) in consideration of Hallmark Trust Limited (“Hallmark”) issuing one or more MasterCard credit cards (“the Card”) to                                                                             (“the Cardholder”) with a credit limit of $                                           hereby agree to deposit with Hallmark the sum of  $                                    (125% of the requested credit limit) (“the Collateral”) to be held on deposit as Collateral against all present and future indebtedness of the Cardholder to Hallmark.  The Pledgor hereby assigns pledges and grants to Hallmark a continuing security interest in and lien upon all right, title and interest of the Pledgor in and to the Collateral.

In the event that the Cardholder or Hallmark cancels the Cardholder’s Card, the Collateral will be held until the latter of the date which is one year from the date of issuance or period of 6 months after the date of cancellation. All charges incurred during that period as well as the outstanding balance as of the date of cancellation will be deducted from the Collateral and Hallmark shall have an immediate right of set off against the Collateral.

The Pledgor warrants and represents that it is the legal and beneficial owner of the Collateral free and clear of any mortgage, adverse interest, lien or charge.

The Pledgor waives any requirement of notice of the Cardholder’s default and agrees that Hallmark may use the Collateral to satisfy all or part of the Cardholder’s indebtedness without the necessity of pursing any remedies it may have against the Cardholder.  The Pledgor hereby irrevocably and unconditionally waives to the fullest extent permitted by law all defenses, counterclaims, rights of set-off, notice of non-payment, default or dishonour in connection with Hallmark taking possession of or disposing of the Collateral.

The Pledgor acknowledges that the Collateral will be held on deposit by Hallmark and that except as provided herein the Pledgor shall have no right to withdraw funds held on deposit.

Upon receipt by the Cardholder of the Card, usage by the Cardholder shall constitute acceptance of the Conditions of Use set our in the Cardholder Agreement.

This Agreement is governed by the laws of the Turks and Caicos Islands.

 

Dated at________________________ this_______________ day of, ______________ year_______________

 

___________________________________________ ___________________________________________
WITNESS PLEDGOR


5 SEND APPLICATION AND DOCUMENTS TO:

Hallmark Trust Limited
*PO Box 104, Tropicana Plaza
Leeward Highway, Providenciales
Turks & Caicos Islands,BWI
Telephone: 649 941 5191
Facsimile: 649 941 5801

*Please Omit PO BOX for Courier Delivery

OR

Hallmark Trust Limited
PO Box 325, Stn. A
Etobicoke, ON, Canada
M9C 4V3


OR

L.P.O. P.O. Box 726
Niagara Falls, NY
14304-0726 USA

For Faster Processing

Send a bank draft payable to Hallmark Trust Limited along with application and documents.

OR

Wire Your Funds Directly

HALLMARK TRUST LIMITED
WIRE TRANSFER INSTRUCTIONS
To Turks & Caicos Islands

U.S. Dollars

Correspondent Bank:
Wachovia Bank
New York
Swift Code:
PNBPUS3NNYC
ABA:
026005092
Beneficiary Bank:
First Caribbean International Bank
Providenciales
Turks & Caicos Islands
Swift Code:
FCIBTCGP
Beneficiary:
HALLMARK TRUST LIMITED
Account # 1291308
 
Reference:
Last 8 Digits of the card account number or the Secured Access Code if a new account.


DISCLOSURE, TERMS AND CONDITIONS
Annual Fees
Principal Card
Additional card/s
Standard Card
$160.00
$45.00
Gold Card
$160.00
$45.00
Security Deposits
Minimum
Maximum
Standard Card
$2,000.00
$62,500.00
Gold Card
$6,250.00
$125,000.00
Credit Lines
Min. (80% of deposit)
Max. (80% of deposit)
Standard Card
$1,600.00
$50,000.00
Gold Card
$5,000.00
$100,000.00
Interest
Charge on Unpaid Balance
Standard Card
14.0%
Gold Card
12.0%
Min. Monthly Payment
(Whichever is higher)
Standard Card
$150.00 or 10%
Gold Card
$100.00 or 10%
Statement Date

Standard Card
21st of month

Gold Card
21st of month
Due Date
(following month)
Standard Card
15th of month
Gold Card
15th of month
Late Fee
Standard Card
$10.00
Gold Card
$10.00
Card Blocked
No payments made for 60 days when carrying a balance.

ATM Use
(Whichever is higher)

Standard Card
$5.00 or 3.0%
Gold Card
$3.00 or 3.0%
Over Limit Fee
Standard Card
$10.00
Standard Card
$10.00
Research
No charge if within 90 days of transaction,
$25.00 thereafter.
Returned Payment Fee
Standard Card
$50.00
Gold Card
$50.00
Couriered Delivery
Card (min)
PIN (min)
Standard Card
$45.00
$45.00
Gold Card
Free (Initial Card)
Free (Initial PIN)

Replacement Service*
Card (min)
PIN (min)
* Plus Courier if requested for replacement card and PIN

Standard Card
$40.00
$40.00
Gold Card
$25.00
$25.00
For more information, call 649 941-5191 or E-Mail to: horizon@lochaven.tc.
Horizon MasterCard Card is administered by Hallmark Trust Limited, a licensed Bank and a licensee of MasterCard Worldwide.