Common use of Effect of the Bank or interbank transactions Clause in Contracts

Effect of the Bank or interbank transactions. I. If the Principal uses an ATM card and password for transactions at an ATM or other equipment of the Bank or financial institutions with interbank connection within the financial information system, the transactions shall have equal validity as the transactions conducted with the passbook and registered seal.

Effect of the Bank or interbank transactions. I. If the Principal uses an ATM card and password for transactions at an ATM or other equipment of the Bank or financial institutions institu tions with interbank connection within the financial information system, the transactions shall have equal validity as the transactions conducted with the passbook and registered seal.