Definice Current Account

Current Account means any current account of the Client kept with the Bank; for a specific transaction, a current account denominated in the currency in which the transaction is performed shall be used, unless agreed otherwise.
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Examples of Current Account in a sentence

  • The Client does not pay on the due date any financial debt arising under the Frame Agreement or fails to provide sufficient funds on its Current Account to settle a payment that has become due and payable under the Frame Agreement.

  • The Client undertakes to keep the Current Account with the Bank throughout the effective period of the Frame Agreement.

  • The Client is entitled to draw down the Short-Term Credit on the Financial Market based on a contract concluded with the Bank over the telephone, provided that the Client has a Current Account with the Bank opened in the Drawdown currency.

  • The respective Overdraft Credit may be drawn based on payment orders in the agreed currency provided that the Bank keeps a Current Account for the Client in this currency and, in case of the Multicurrency Overdraft Credit, the Bank keeps further the Reference Account in the Reference Currency.

  • For assessment whether this limit was not or will not be exceeded, the Drawdown on each Current Account specified in the Frame Agreement shall be converted from the Drawdown currency to the Reference Currency according to the foreign-exchange market rate of the Czech National Bank valid as at the conversion date.

  • In case of the Multicurrency Overdraft Credit, the default interest shall mean the rate in the amount of the difference between the default interest rate for the currency of the Current Account, on which the debt arose, under the Notice on Interest Rates, and the interest rate for the respective Drawdown of the Multicurrency Overdraft Credit.

  • Interest on the drawn principal of the Short-Term Credit shall be debited to the Client’s Current Account at the Bank and shall be due on the dates set out in the Frame Agreement or in the respective Application.

  • In such case, the Bank is entitled to use the funds transferred on the Current Account of the Client for repayment of the receivable from the respective Overdraft Credit recorded on the internal account of the Bank.

  • The Client is obliged to repay the Drawdown of the respective Overdraft Credit in each case on the Current Account on which the respective Credit is drawn.

  • Throughout the term of the respective Overdraft Credit, the computing method of actual number of days/actual number of days shall be applied to calculation of credit interest on the Current Account.

Related to Current Account

  • Spotřebitelem je každý člověk, který mimo rámec své podnikatelské činnosti nebo mimo rámec samostatného výkonu svého povolání uzavírá smlouvu s podnikatelem nebo s ním jinak jedná.

  • Prijímateľ je povinný vo všetkých predkladaných Žiadostiach o platbu uvádzať výlučne výdavky, ktoré zodpovedajú podmienkam uvedeným v článku 14 VZP. Prijímateľ zodpovedá za pravosť, správnosť a kompletnosť údajov uvedených v Žiadosti o platbu. Ak na základe nepravých alebo nesprávnych údajov dôjde k vyplateniu alebo schváleniu platby, Prijímateľ je povinný takto vyplatené alebo schválené prostriedky bezodkladne, od kedy sa o tejto skutočnosti dozvedel, vrátiť; ak sa o skutočnosti, že došlo k vyplateniu alebo schváleniu platby na základe nesprávnych alebo nepravých údajov dozvie Poskytovateľ, postupuje podľa článku 10 VZP.

  • Žádost je žádost o změnu zařazení klienta do jiné kategorie zákazníků. Tato žádost musí, mimo jiné, obsahovat informace o tom, které Služby nebo kterého obchodu s Nástrojem se má změna zařazení týkat.