Common use of Types of Accounts Clause in Contracts

Types of Accounts. 3.1. The“Current account” is the account opened in the name of an individual in the records of ALPHA BANK ROMANIA mainly for carrying on current operations with cash and/or collections and payments, respectively the execution of the payment transactions. The Customer may open and maintain more Current accounts in the records of the Bank, this Contract applying to all these accounts, irrespective of the time of its opening.

Appears in 9 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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