Common use of Verification of Customer Identity and Identifying Transaction Details Clause in Contracts

Verification of Customer Identity and Identifying Transaction Details. 2.1 The Customer shall enter the details of a requested Designated Transaction on the request form prescribed by the Bank with the Customer’s seal (or signature) which has been registered with the Bank and send the form to the Bank by facsimile. Due to the nature of communication via facsimile machine, if a problem arises, the Service will be discontinued and the Customer will be required to request transactions of the Bank via proper methods.