Examples of Private Customer in a sentence
If a Preferred Private Customer is reassigned to Retail status from Preferred Private Banking status, the frame agreement on the provision of financial services for key account private customers and any other agreements attached to it become null and void with the signing of the frame agreement on the provision of financial services for key account retail customers.
If the Bank reassigns a Preferred Private Customer to Retail Customer status, but the Preferred Private Customer does not accept the reassignment the Preferred Private Customer is entitled to terminate the frame agreement on the provision of financial services for key account private customers within 60 days from the receipt of the notice of reassignment.
If the aggregate balance of the Preferred Private Customer’s accounts does not reach HUF 50 000 000 on the last banking day of the second month of a calendar quarter, the Bank is entitled to reassign the Preferred Private Customer to Retail Customer status.
The List of Conditions constitutes an inseparable part of the Agreement for the Provision of Financial Services concluded between the Preferred Private Customer and the Bank.
In case the Preferred Private Customer accepts the reassignment the Preferred Private Customer must conclude the frame agreement on the provision of financial services for key account retail customers with the Bank within 60 days from the receipt of the notice of reassignment.