Joint Banking definition

Joint Banking means any Service or OPS that is provided on a joint basis to the Customer where the Customer consists of more than one Person;
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Examples of Joint Banking in a sentence

  • The net amount due shall be paid by the owing Party via electronic funds transfer of said amount by the last Joint Banking Day of the Calendar Month following the Billing Month.

  • Each Person provided Joint Banking is jointly and severally (solidarily in Quebec) liable to Royal Bank for all debts, liabilities and other obligations relating to the Joint Banking, including the repayment of any loan or overdraft and interest, fees and charges, regardless of which Person created the obligation.

  • The delivery, in accordance with this Agreement, of any Document relating to Joint Banking to any one Person being provided the Joint Banking, will be considered delivery to all of the Persons being provided the Joint Banking.

  • The endorsement or signature by or on behalf of any Person provided Joint Banking by any means on any Document deposited with or drawn on Royal Bank will be binding on each of the other Persons to the same extent and with the same effect as if the Document had been manually endorsed or signed by each of the other Persons.

  • The net amount due shall be paid by the owing Party via electronic funds transfer of said amount by the last Joint Banking Day of the calendar month following the Billing Month.

  • The addition will be effective from the date the notice has been acknowledged in writing by each branch or agency of Royal Bank where all of the Joint Banking is located.

  • If a Person is to be removed from any Joint Banking, Royal Bank must be provided at least thirty (30) days’ prior written notice.

  • At Royal Bank’s sole option, this Agreement or any Joint Banking may be terminated on removal of any Person.

  • Royal Bank has the discretion to accept, reject, or terminate the addition of a Person to any Joint Banking at any time.

  • Each Person provided Joint Banking may exercise and delegate all rights, powers and authorities, incur liabilities and obligations, and otherwise conduct and transact any business whatsoever on behalf of each other Person.

Related to Joint Banking

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • Telephone Banking means banking services available from time to time by telephone;

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Online Banking is the internet-based service providing access to your Bank account(s);