Description of the Service. 10.1.1 Automatic transfer service implies a transfer by the bank of the funds from the client’s account without further consent of the client, on the basis of fixed amount determined by the client in its application form or of information provided by the client’s creditor to the bank on the client’s debt.
10.1.2 The parties agree that the payment order created (generated) by the bank for the purposes of automatic transfer services shall have the legal force equal to the document having been printed on the paper and executed by the person(s) authorized to manage of the account.
10.1.3 The bank shall carry out the automatic transfer services in accordance with requirements and conditions stipulated in this agreement, the application on registration for automatic transfer service and the sources disseminated by the bank.
10.1.4 For the purposes of obtaining automatic transfer services the client shall apply to the bank with the application as per paragraph 1.2 of this agreement.
Description of the Service. 14.1.1 Deposit service implies opening of a deposit account upon the client’s (hereinafter the “depositor”) application and accrual of interest on the funds standing to the credit of such deposit account.
14.1.2 The depositor is entitled to term and demand deposit as well as its modified services.
Description of the Service. 27.1.1 Banking service – “Ti-BOT” (hereinafter referred to as “the Service”) shall mean performance of banking operations/transactions by a client in Georgian language, on the basis of the criteria and in accordance with the terms and conditions determined by the Bank, through the Messenger program, in accordance with the client’s instruction sent to the Bank.
27.1.2 The Bank shall have the right to unilaterally impose limitations/restrictions on the banking operations performed through the Service with the purpose of risk reduction.
Description of the Service. 11.1.1 Telephone banking service implies ability for the client to manage and receive remotely the following services from the bank by means of using telephone connection:
11.1.1.1 to have access to the banking information;
11.1.1.2 to register for various banking services and to make amendments to the registered data;
11.1.1.3 to carry out various banking operations within the established limits.
11.1.1.4 Changing contact information (including telephone number, email address, and etc.);
11.1.1.5 Opening and/or closing of settlement (current) and/or savings (deposit) account(s);
11.1.1.6 Submitting the requests (submitting of applications to the Bank) to receive/cancel different banking products (including loan).
11.1.1.7 Representing the application about receiving back the sum withheld in ATM.
11.1.2 Telephone services cover all Bank accounts of the Customer. In the event, if customer does not wish to receive telephone services for one of his/her accounts, Customer shall notify the Bank on the above in the written form or other forms (including notification via the telephone service center) envisaged under the present Agreement.
11.1.3 For the purposes of obtaining telephone banking services the client shall address the bank with the application as per paragraph 1.2 of this agreement.
Description of the Service. 1.1 Executive overview
Description of the Service. 15.1.1 Deposit service implies opening of a deposit account upon the client’s (hereinafter the “depositor”) application and accrual of interest on the funds standing to the credit of such deposit account.
15.1.2 The depositor is entitled to term and demand deposit as well as its modified services.
15.1.3 Depositors are required to open a settlement account (current, card, sales or other) for having deposit service.
15.1.4 If the Client agrees, an application for the termination of a deposit can be confirmed by the Client’s SMS code, which shall have the same legal force as a hard-copy document signed by the Clien
Description of the Service. 17.1.1 The payroll project service implies the transfer of funds upon the client’s request from its current account to the accounts of the client’s employees (hereinafter the “employees”) through the special system – payroll program module (hereinafter the “module”).
17.1.2 The client may, at its discretion pay its employees’ commissions for card issuance and withdrawal of funds from the accounts.
17.1.3 The payment operations performed by the bank from the client’s account through its payroll program module are carried out by way of special program agreed in advance between the parties (compact disc, internet banking, EXCEL file).
17.1.4 Upon the client’s wish the bank shall convert funds transferred on the employees’ accounts (transfer from GEL account to foreign currency account) with the established exchange rate.
17.1.5 In order to establish relations with the bank regarding the payroll offer and the module, the client shall act independently or via the person appointed by him/her, for whom the representative powers shall be concluded by the Bank in the form offered to the client
17.1.6 For the purposes of obtaining the module services the client shall petition to the bank with the application as per paragraph 1.2 of this agreement.
17.1.7 When taking advantage of the payroll offer, if the funds (salary) are not transferred from the client’s account to the employee’s account during 6 (six) months (if there is not turnover), the employee shall lose all advantages which applied within the framework of the payroll offer. Additionally, in case if during the validity of payroll offer, the funds (salary) are not transferred from the client’s account to the employees’ accounts during 6 (six) months, together with termination of the discounted fees/privileges for the employees the client shall stop taking advantage of the service which it received under the payroll offer and all other discounts which the client benefited from within the framework of the aforementioned service shall be terminated
Description of the Service. 19.1.1 The Service considers opening of the Aggregated nominee account or Segregated nominee account (hereinafter the Nominee Account) for the Client (hereinafter the Owner of the Account) by the Bank on the basis of the application of the Client and in accordance with the Georgian legislation. The Nominal Owner’s account will be opened only in the form of current account.
Description of the Service. 13.1.1 The SMS banking is a remote banking service allowing a client to: obtain information about his/her operations performed on clients bank account; request and obtain the necessary banking information, or carry out banking operations without presence in the bank, using the mobile phone number specified in the application submitted to the Bank, based on confirmation via SMS code sent to the mobile phone number specified in the application in accordance with the limits and rules defined by the Bank. Likewise, confirm the change in his/her personal data stored in the Bank’s database.
13.1.2 The sms service is activated automatically for the client who addresses the bank to get the bank service (service/product) or/and the benefit of the above named service (service/product), for it, the client’s phone number should be registered in the bank. To cancel the sms service or change the phone number is required to fulfill one of the below listed procedure:
13.1.2.1 Visit the Bank's branch;
13.1.2.2 Call the call center;
13.1.2.3 Send a message to the Bank through Internet Banking from the relevant personal application.
13.1.3 The SMS service is regulated under provisions of this agreement, including exceptions stipulated under this Article 13.
13.1.4 This Article 13 shall apply to all existing and future accounts of the client with the bank. In the event of opening the new account by the client at the bank, the SMS service shall be provided in accordance with the terms and conditions of this agreement. In such case, new agreement shall not be concluded between the bank and the client and new account shall be subject to the terms and conditions of the present agreement.
13.1.5 The client agrees that JSC „TBC Bank“ shall be authorized to deliver information (client’s personal information) required for provision of short message service (SMS service) to the client to the telecommunication (mobile) operator(s) that have contractual relations with JSC „TBC Bank“ and undertake the obligation to protect confidentiality of the information provided by the Bank.
Description of the Service. 12.1.1 Business card service implies for performing of banking operation on the client’s card account(s) by the client’s or any person entitled by him in a written form (hereinafter the “cardholder”) through VISA or MasterCard business card (hereinafter the “card”) issued by the bank.
12.1.2 On the basis of this agreement the client is entitled to receive one or several cards, whereas a particular type of each such card shall be determined by an executed application for each particular card, constituting an integral part of this agreement.
12.1.3 While the card is issued the client’s mobile number shall automatically be registered at the bank’s SMS service (terms and conditions on using the SMS service is provided in the sources disseminated by the bank). The client has the right to refuse using the stated service making relevant indication in the application form.
12.1.4 Terms of use are further subject to bank’s sources made on the basis of VISA and MasterCard international payment procedures and which shall be handed in to the cardholder together with the card. VISA and MasterCard international payment systems terms and procedures constitute an integral part of this agreement.
12.1.5 Card owner is the person, in whose name the card is issued (he may be the customer himself or any person entitled by him). Card owner is identified through the first name, surname indicated on the surface of the card, through the signature sample printed on it and secret personal identification code (pin-code). The business plastic card also contains the name of the customer.
12.1.6 The validity of the card is determined by the validity term appearing thereupon. The card shall expire on the last day of the month shown on the card.
12.1.7 For using the card, the customer is obliged to pay the service fee to the bank under the rates fixed by the bank.
12.1.8 Customer is authorized to have several card accounts and make use of a single card related to one card account only (for the purposes of this paragraph the card account is considered to be the combination of all accounts with common
