SMS BANKING. 1.0 Definitions When used in these Terms and Conditions, the following terms shall have the following meanings:
SMS BANKING. (i) Standard Chartered Bank will accept Application Forms signed by the Primary Cardholder only (subject to verification of signature).
SMS BANKING. Confirmation of bank operation by SMS code. Performing the transaction and receiving the service by confirmation from the electronic link.
SMS BANKING. This application form must be sent directly to BRAC Bank and not by facsimile. The Bank will require two working days after receiving the SMS Banking Application Form for activation of the service. In case of Bank Account, BBL will accept Application Forms signed by the authorized signatories of the account only. For PUSH service, BBL will use Mobile Phone Service Provider’s Short Message Service (SMS) to send the financial information related to a link account. For PULL service, the account holder upon receiving application will be able to obtain a range of financial information related to account by typing a pre-defined key letter as a message in the Mobile Phone and then sending this message to a prescribed SMS number of Mobile Phone Service Provider. For this service, regular SMS charges of Mobile Phone Service will apply. The account holder is solely responsible to stop misuse of SMS Banking Services and also to maintain the confidentiality of his/her financial information by ensuring safe holding of Mobile Phone /connection assigned to SMS Banking Service provided by BBL. If the mobile phone/connection is lost, stolen or sold to another individual, the account holder shall immediately notify the Bank by calling at 16221 and cancel the SMS Banking Service. The account holder hereby agrees that BBL shall not be responsible for any disruption in SMS Banking Service due to any mechanical failure on part of BRAC Bank/Mobile Phone Service Provider. SMS Banking service shall remain effective until otherwise advised in writing by the account holder. The laws of Bangladesh shall govern these terms and conditions. The Bank may revise and/or change any of the terms and conditions at any time with notice to the client but does not require any consent. For providing SMS Banking Services, BBL may collect service charge from the linked account. Bank may revise and/or change the service charge at any point of time.
SMS BANKING