Common use of Conduct of Account Clause in Contracts

Conduct of Account. 4.1 Operations in the relationship shall be permitted, only after the activation of the relationship, and the Client who has opened a relationship with the Bank should get a confirmation from the Bank as to the activation of the relationship. A relationship shall not be activated, unless all procedural requirements under Clause 2.2 above are successfully completed and the Bank has notified the Applicant(s) of the opening of the relationship with the Bank. The Bank shall not be responsible or liable for any consequences or losses suffered to the Applicant(s) due to any operation or attempted operation of the relationship prior to the activation of the relationship.

Conduct of Account. 4.1 Operations in the relationship shall be permitted, permitted only after the activation of the relationship, relationship and the Client who has opened a relationship with the Bank should get a confirmation from the Bank as to the activation of the relationship. A relationship shall not be activated, activated unless all procedural requirements under Clause 2.2 above are successfully completed and the Bank has notified the Applicant(s) of the opening of the relationship with the Bank. The Bank shall not be responsible or liable for any consequences or losses suffered to the Applicant(s) due to any operation or attempted operation of the relationship prior to the activation of the relationship.

Conduct of Account. 4.1 Operations in the relationship shall be permitted, permitted only after the activation of the relationship, relationship and the Client who has opened a relationship with the Bank should get a confirmation from the Bank as to the activation of the relationship. A relationship shall not be activated, activated unless all procedural requirements under Clause 2.2 above formalities in this regard are successfully completed and the Bank has notified the Applicant(s) of the opening of the relationship with the Bankcompleted. The Bank shall not be responsible or liable for any consequences or losses suffered to the Applicant(s) Client due to any operation or attempted operation of the relationship prior to the activation of the relationship.