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 hereundeer tchlient 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 thereby acecding to this agreementT. o makea decision, the bank may request from a client to provide any additional information and/or documentsT. he bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient 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 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG RQ 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, interne-bt anking, various remote/electronic communication channels,or/and other means of communication) in case the custeormhas 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 stipulatedy tbhe legislation. 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 insured in each commercial bnak and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the we-bpage of the Deposit InsurancegAency: 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 hereundeer tchlient cthlient 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 amnedments and additions to it) thereby acecding acceding to this agreementT. o makea agreemenTto. make a decision, the bank may request from a client to provide any additional information and/or documentsT. he documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient to the client the services as indicated aisndicated 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 wellas well as the provision of any additional anyddaitional 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG RQ necessary Opening of the account(s) shall be performed on th 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 Underthe rules and procedures established by the Bankbank, the account(s) can be remotely opened, (through the application made by telephone, interne-bt anking, various remote/electronic communication channels,channels or/and other means of communication) in case the custeormhas cumsteor 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 stipulatedy tbhe stipulatedby the legislation.
1.5 $V RI -DQXDU\ LQ DFFRUGDQFH ZLWK WKH ODZ ³ 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 channealsn,d/or other means of communicationreferred 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 represtenitave’s and beneficiary owner's identification/verification was carried out by the Bank based on the deposit/account data obtained from LEPL State Services Development Agency datab. ase
1.4.1. 1In case of all physical persons, notwithstanding the number of deposits/accounts, is insured in each commercial bnak and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the we-bpage remotely opened account(s) according to subparagraph 1.
4.1 of the Deposit InsurancegAency: xxx.xxxxxxxx.xxAmgernete, 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
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 hereundeer tchlient cthlient 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 amnedments and additions to it) thereby acecding acceding to this agreementT. o makea agreemenTto. make a decision, the bank may request from a client to provide any additional information and/or documentsT. he documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient to the client the services as indicated aisndicated 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 wellas well as the provision of any additional anyddaitional 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG SHUIRUPHG RQ necessary WK 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 Underthe rules and procedures established by the Bankbank, the account(s) can be remotely opened, (through the application made by telephone, interne-bt anking, various remote/electronic communication channels,channels or/and other means of communication) in case the custeormhas cumsteor 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 stipulatedy tbhe stipulatedby the legislation.
1.5 $V RI -DQXDU\ LQ DFFRUGDQFH ZLWK WKH ODZ ³ 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 channealsn,d/or other means of communicationreferred 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 represWenLtaYH¶V DQG beneficiary owner's identification/verification was carried out by the Bank based on the deposit/account data obtained from LEPL State Services Development Agency datab. ase
1.4.1. 1In case of all physical persons, notwithstanding the number of deposits/accounts, is insured in each commercial bnak and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the we-bpage remotely opened account(s) according to subparagraph 1.
4.1 of the Deposit InsurancegAency: xxx.xxxxxxxx.xxAmgernete, 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
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 hereundeer tchlient 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 thereby acecding to this agreementT. o makea agreement. To make a decision, the bank may request from a client to provide any additional information and/or documentsT. he documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient 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 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG RQ 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(stahcecount(s) can be remotely opened, (through the application made by telephone,, interneby signing an application on opening an account/ confirming an SMS messagein,xxxxxx-bt ankingbanking, various remote/electronic communication channels,, or/and other means of communicationofcommunication) in case the custeormhas 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 performeexdc,ept for the cases stipulatedy tbhe stipulated by the legislation.
1.5 $V RI -DQXDU\ LQ DFFRUGDQFH ZLWK WKH ODZ ³ on the deposit/account of all physical persons, notwithstanding the number of deposits/accountsaccouinsts, is insured in each commercial bnak bank and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the we-bpage of the Deposit InsurancegAencyInsurance 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 hereundeer tchlient cthlient 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 thereby acecding to this agreementT. o makea agreement. To make a decision, the bank may request from a client to provide any additional information and/or documentsT. he documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient toetchlient 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 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG SHUIRUPHG RQ necessary 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 Bank, the account(s) can be remotely opened, (through the application made by telephone, interne, bysigning an application on opening an account/ confirming an SMS messagein,xxxxxx-bt ankingbanking, various remote/electronic communication channels,, or/and other means of communication) in case the custeormhas 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 stipulatedy tbhe stipulated by the legislation.
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 insured in each commercial bnak bank and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the withthe procedure under the existing legislation. For further information please visit the we-bpage of the Deposit InsurancegAencyInsurance 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 hereundeer tchlient 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 thereby acecding to this agreementT. o makea agreement. To make a decision, the bank may request from a client to provide any additional information and/or documentsT. he documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient 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 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG RQ 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(stahcecount(s) can be remotely opened, (through the application made by telephone, interne, bysigning an application on opening an account/ confirming an SMS messagein,xxxxxx-bt ankingbanking, various remote/electronic communication channels,, or/and other means of communicationcommuniaction) in case the custeormhas 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 excoerpthfe cases stipulated by the cases stipulatedy tbhe legislation.
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 insured in each commercial bnak bank and will be indemnified indemnifdie within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the we-bpage of the Deposit InsurancegAencyInsurance 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 hereundeer tchlient 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 acecding acceding to this agreementT. o makea agreement. To make a decision, the bank may request from a client to provide any additional information and/or documentsT. he documents. The bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient 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 wellas 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG RQ 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, interneinternet-bt ankingbanking, various remote/electronic communication channels,channels or/and other means of communication) in case the custeormhas 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 stipulatedy tbhe stipulated by the legislation.
1.5 $V RI -DQXDU\ LQ DFFRUGDQFH ZLWK WKH ODZ ³ 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 deposit/account data obtained from LEPL State Services Development Agency database.
1.4.1.1 In case of all physical personsremotely opened account(s) according to subparagraph 1.4.1 of the Agreement, notwithstanding there is no obligation to submit documentation provided for by the number legislation to that effect if the documentation is available in accordance with Georgian legislation in database of deposits/accounts, is insured in each commercial bnak and will be indemnified within 5,000 GEL by Deposit Insurance Agency, LEPL State Service Development Agency and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the weRegistry of Entrepreneurs and Non-bpage Entrepreneurial (Non- commercial) Legal Persons of the Deposit InsurancegAency: xxx.xxxxxxxx.xxNational Agency of Public Registry
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 hereundeer tchlient 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 thereby acecding to this agreementT. o makea decision, the bank may request from a client to provide any additional information and/or documentsT. he bank shall consider the application of the client and in case of affirmative decision shall commence providing toethclient 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 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 2SHQLQJ RI WKH DFFRXQW V VKDOO EH SHUanIdRoUthePr HG RQ 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, interne-bt anking, various remote/electronic communication channels,or/and other means of communication) in case the custeormhas 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 stipulatedy tbhe legislation.
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 insured in each commercial bnak bakn and will be indemnified within 5,000 GEL by Deposit Insurance Agency, and the remainder amount will be refunded in compliance with the procedure under the existing legislation. For further information please visit the we-bpage of the Deposit InsurancegAencyInsurance Aegncy: xxx.xxxxxxxx.xx
Appears in 1 contract
Samples: Banking Operations Agreement
