Common use of OPENING OF THE ACCOUNT Clause in Contracts

OPENING OF THE ACCOUNT.  As the depositor opens a concentrator BANK account, accepts and submits to comply, and accepts any changes carried out by the BANK in the regulations thereof.  A natural person must be assigned to manage the concentrator account(s), and will be able to link and unlink accounts.  The Manager of the concentrator account, as the account is being opened, must indicate the linked account to which the interests generated by the concentrator account will be credited.  Any changes or modifications that occur to the identity or existence of the customer’s legal structure will take effect only after THE BANK has being notified in writing.  The Concentrator Accounts are subject to certain opening and management requirements. For this purpose, THE BANK is entitled to make the charges established during the opening period. From time to time, as it deems appropriate, THE BANK may modify the amount of such fees. For this, THE BANK must modify in writing either by email or any other means of communication agreed with THE CUSTOMER at least 30 days prior to the change to the address registered on THE BANK’s file or by publishing this in the branches.

OPENING OF THE ACCOUNT.  As the depositor opens a concentrator BANK account, accepts and submits to comply, and accepts any changes carried out by the BANK in the regulations thereof.  • A natural person must be assigned to manage the concentrator account(s), and will be able to link and unlink accounts.  • The Manager of the concentrator account, as the account is being opened, must indicate the linked account to which the interests generated by the concentrator account will be credited.  • Any changes or modifications that occur to the identity or existence of the customer’s legal structure will take effect only after THE BANK has being notified in writing.  • The Concentrator Accounts are subject to certain opening and management requirements. For this purpose, THE BANK is entitled to make the charges established during the opening period. From time to time, as it deems appropriate, THE BANK may modify the amount of such fees. For this, THE BANK must modify in writing either by email or any other means of communication agreed with THE CUSTOMER at least 30 days prior to the change to the address registered on THE BANK’s file or by publishing this in the branches.