Common use of Deposit Account Transactions Clause in Contracts

Deposit Account Transactions. 6.1 The Deposit Account comprises of transactions and services prescribed in the following items; provided, however, that a separate application may be required for certain transactions and/or services: (i) Savings Account: The Bank handles savings account transactions in Japanese yen and in certain foreign currencies approved by the Bank. (ii) Time Deposit Account: The Bank handles time deposit account transactions in Japanese yen and in certain foreign currencies approved by the Bank. (iii) Current Account: The Bank handles current account transactions in Japanese yen and in certain foreign currencies approved by the Bank. (iv) Fax Banking Services: The Bank provides the services and transactions prescribed by the Bank where the Customer issues instructions using a facsimile machine (the “Fax Banking”). However, some departments of the Bank may not handle Fax Banking.