Common use of Description of the Service Clause in Contracts

Description of the Service. 15.1.1 Deposit service implies opening of a deposit account upon the client’s (hereinafter the “depositor”) application and accrual of interest on the funds standing to the credit of such deposit account. 15.1.2 The depositor is entitled to term and demand deposit as well as its modified services. 15.1.3 Depositors are required to open a settlement account (current, card, sales or other) for having deposit service. 15.1.4 If the Client agrees, an application for the termination of a deposit can be confirmed by the Client’s SMS code, which shall have the same legal force as a hard-copy document signed by the Clien

Appears in 18 contracts

Samples: Banking Operations Agreement, Banking Operations Agreement, Banking Operations Agreement

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