SUBJECT OF THE AGREEMENT. 1. The present Agreement specifies the terms and conditions on opening a bank account, placement of deposit, financing (loan, credit line or provision of limit), trade finance (letter of credit, guarantees, stand-by letter of credit, collection), payment card’s issuance, cash-in-transit service, rent of deposit boxes, sales of precious metals upon Customer’s request .
SUBJECT OF THE AGREEMENT. 1.1. According to this agreement, the Bank undertakes to open a bank account in the national currency of the Republic of Azerbaijan or in foreign currencies, to accept funds to the opened account, to transfer and issue the appropriate amounts from the account, to carry out other operations on the account, and to execute other orders of the Client and to provide internet banking service if the Client accepts the "Agreement on the provision of electronic banking services" and the Client undertakes to pay the fees for banking services for conducting transactions with the funds in the account. 1.2. This agreement has been drawn up in accordance with the Civil Code of the Republic of Azerbaijan, regulatory acts of the Central Bank of the Republic of Azerbaijan (hereinafter, the Central Bank of the Republic of Azerbaijan), the Law "On Personal Data", the Law of the Republic of Azerbaijan "On the fight against the legalization of property obtained through crime and the financing of terrorism" (hereinafter - ML/CFT Law), Client compliance and verification measures during the application of new technologies, the Rules on determining risk factors and attributing the Client profile to risk groups" (hereinafter - MUT rules) as well as other regulatory legal acts. 2. OPERATION MODE OF THE ACCOUNT 2.1. In order to open a bank account, the Client applies to the Bank with an application and submits the documents provided by legislation and internal bank rules for opening an account; 2.2. The client's application for opening bank accounts is the basis for opening bank accounts in the currency specified in it. 2.3. The relations between the Bank and the Client regarding bank accounts in all currencies opened at the request of the Client are governed by this agreement. 2.4. Foreign account transfers by resident clients and transfers in national and foreign currency by non-