Common use of SCOPE OF PAYMENTS Clause in Contracts

SCOPE OF PAYMENTS. 5.1 The Bank is not obligated to pay cheques, promissory notes, or bills of exchange presented for payment in excess of the funds available for payment in the Current Account. 5.2 The Bank will not make partial payment of the amount of cheques, promissory notes, bills of exchange.

Appears in 4 contracts

Samples: Corporate Account Terms and Conditions, Corporate Account Terms and Conditions, Corporate Account Terms and Conditions

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