Common use of SUBJECT OF THE CONTRACT Clause in Contracts

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client shall address the bank with the relevant written application (or in any other form provided in this agreement) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents supplied to the bank. 1.4 Under the rules and procedures established by the bank, the account(s) can be remotely opened, (through the application made by telephone, internet-banking, various remote/electronic communication channels or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled, under the Rules and Procedures established by the Bank, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation in database of LEPL State Service Development Agency and the Registry of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registry

Appears in 4 contracts

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

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SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client shall address the bank with the relevant written application (or in any other form provided in this agreementagree ment) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, , by signing an application on opening an account/ confirming an SMS message, internet-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled1.5 From 1 July 2020, under the Rules and Procedures established by the Bank, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation in database the Law of LEPL State Service Development Georgia on Deposit Insurance System, all deposits/ accounts held by individuals with any commercial bank, irrespective of the number of the deposits/ accounts, are subject to coverage by the Deposit Insurance Agency and up to 15,000 GEL. All accounts held by individuals with any commercial bank are insured automatically without any extra charges. For more information please visit the Registry of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public RegistryDeposit Insurance Agency’s website: xxx.xxxxxxxx.xx

Appears in 4 contracts

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

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client shall address the bank with the relevant written application (or in any other form provided in this agreement) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, internet-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled1.5 As of January 1, under the Rules and Procedures established by the Bank2018, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation the law “On Deposit Insurance System”, the amount, existing on the deposit/account of all physical persons, notwithstanding the number of deposits/accounts, is insured in database of LEPL State Service Development Agency each commercial bank and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the Registry remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the web-page of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registrythe Deposit Insurance Agency: xxx.xxxxxxxx.xx

Appears in 3 contracts

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

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client shall address the bank with the relevant written application (or in any other form provided in this agreement) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, , by signing an application on opening an account/ confirming an SMS message, internet-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled1.5 As of January 1, under the Rules and Procedures established by the Bank2018, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation the law “On Deposit Insurance System”, the amount, existing on the deposit/account of all physical persons, notwithstanding the number of deposits/accounts, is insured in database of LEPL State Service Development Agency each commercial bank and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the Registry remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the web-page of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registrythe Deposit Insurance Agency: xxx.xxxxxxxx.xx

Appears in 3 contracts

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

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client shall address the bank with the relevant written application (or in any other form provided in this agreement) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents supplied to the bank. 1.4 Under the rules and procedures established by the bank, the account(s) can be remotely opened, (through the application made by telephone, internet-banking, various remote/electronic communication channels or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled, under the Rules and Procedures established by the Bank, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation in database of LEPL State Service Development Agency and the Registry of Entrepreneurs and Non-Non- Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registry

Appears in 3 contracts

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

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client shall address the bank with the relevant written application (or in any other form provided in this agreementagree ment) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, , by signing an application on opening an account/ confirming an SMS message, internet-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled1.5 As of January 1, under the Rules and Procedures established by the Bank2018, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation the law “On Deposit Insurance System”, the amount, existing on the deposit/account of all physical persons, notwithstanding the number of deposits/accounts, is insured in database of LEPL State Service Development Agency each commercial bank and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the Registry remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the web-page of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registrythe Deposit Insurance Agency: xxx.xxxxxxxx.xx

Appears in 2 contracts

Samples: Banking Operations Agreement, Banking Operations Agreement

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SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client hereundeer cthlient shall address the bank with the relevant written application (or in any other form provided in this agreementagree ment) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client htoetclient the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as wellas the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUIRUPHG RQ WKH documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents documnets supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, internet, bysigning an application on opening an account/ confirming an SMS messagein,xxxxxx-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the banrk)thfeo remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled1.5 From 1 July 2020, under the Rules and Procedures established by the Bank, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation in database the Law of LEPL State Service Development Georgia on Deposit Insurance Systaelml d, eposits/ accountsheld by individuals with any commercial bank, irrespective of the number of the deposits/ accounts, are subject to coverage by the Deposit Insurance Agency and the Registry of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registryup to 15,000 GEL. All accounts held by individuals with any commercial bank are insured automaticaylwl ithout any extra charges. For more LQIRUPDWLRQ SOHDVH YLVLW WKHwww'.dHiaSgeRncVy.gLeW ,QVXUDQFH $JHQ

Appears in 1 contract

Samples: Banking Operations Agreement

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client hereundeer cthlient shall address the bank with the relevant written application (or in any other form provided in this agreementagree ment) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client htoetclient the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as wellas the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUIRUPHG RQ WKH documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents documnets supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, internet, bysigning an application on opening an account/ confirming an SMS messagein,xxxxxx-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the banrk)thfeo remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank 1.5 $V RI -DQXDU\ LQ DFFRUGDQFH ZLWK WKH ODZ ³ on the deposit/account of all physical persons, notwithstanding the number of deposits/accounts, is entitledinsured in each commercial bank and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance withthe procedure under the Rules and Procedures established by existing legislation. For further information please visit the Bank, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 we-bpage of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation in database of LEPL State Service Development Agency and the Registry of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public RegistryDeposit Insurance Agency: xxx.xxxxxxxx.xx

Appears in 1 contract

Samples: Banking Operations Agreement

SUBJECT OF THE CONTRACT. 1.1 The bank shall open account(s) for the client, carry out its banking operations and provide services as described in this agreement according to the terms and conditions stipulated herein. 1.2 For the purposes of receiving the services stipulated hereunder the client hereundeer cthlient shall address the bank with the relevant written application (or in any other form provided in this agreementagree ment) wherewith it will simultaneously confirm the full awareness of and agreement with the terms and conditions of this agreement (or any amendments and additions to it) thereby acceding to this agreement. To make a decision, the bank may request from a client to provide any additional information and/or documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing to the client htoetclient the services as indicated in the application in no later than 2 (two) banking days from the receipt thereof. 1.2.1. 1.2.1 The bank may refuse the client to deliver services without providing the reason(s) for refusal. The filling in of an application as well as welal s the provision of any additional documents by the client shall not obligate the bank to deliver to the client all or any of the services provided for by this contract. 1.3 Opening of the account(s) shall be performed on the basis of the client’s application and other necessary 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUIRUPHG RQ WK documents determined by the legislation (after submitting those to the bank). The client shall be fully responsible for the authenticity of the documents documnets supplied to the bank. 1.4 Under the rules and procedures established by the bankBank, the account(s) can be remotely opened, (through the application made by telephone, internet, bysigning an application on opening an account/ confirming an SMS messagein,xxxxxx-banking, various remote/electronic communication channels channels, or/and other means of communication) in case the customer has already opened the account in the bank. Before the relevant documents become available (before submitting them to the bank) for the banrk)thfeo remotely opened accounts, only the transfer operations are allowed to be performed, except for the cases stipulated by the legislation. 1.4.1 The Bank is entitled1.5 From 1 July 2020, under the Rules and Procedures established by the Bank, in case the Client opens the account(s) via application made though remote/electronic communication channels, and/or other means of communication referred to in clause 1.4 of the Agreement, to specify the conditions for conducting banking operations on account(s) opened by this method (remotely), regardless of whether the client already has a bank account, for resident legal entity, whose authorized representative’s and beneficiary owner's identification/verification was carried out by the Bank based on the data obtained from LEPL State Services Development Agency database. 1.4.1.1 In case of remotely opened account(s) according to subparagraph 1.4.1 of the Agreement, there is no obligation to submit documentation provided for by the legislation to that effect if the documentation is available in accordance with Georgian legislation in database the Law of LEPL State Service Development Georgia on Deposit Insurance Systaelml d, eposits/ accountsheld by individuals with any commercial bank, irrespective of the number of the deposits/ accounts, are subject to coverage by the Deposit Insurance Agency and the Registry of Entrepreneurs and Non-Entrepreneurial (Non-commercial) Legal Persons of National Agency of Public Registryup to 15,000 GEL. All accounts held by individuals with any commercial bank are insured automaticayllwithout any extra charges. For more LQIRUPDWLRQ SOHDVH YLVLW WKHww w'.xXxxxXxxXxxX.xXx W ,QVXUDQFH $JH

Appears in 1 contract

Samples: Banking Operations Agreement

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