Common use of Amendment of Terms and Conditions Clause in Contracts

Amendment of Terms and Conditions. The bank may from time to time amend the terms and conditions applicable to the account and other services rendered to the customer, including the fees applicable on such services. Before any such amendment come into effect, the bank shall notify the customer of the same through any means of communication at his/her latest address contained in the bank's records. Any confirmation or proof of delivery or transmission shall deemed an evidence and acknowledgment of receipt by the customer of such notification. Non objection by the customer to such amendment within (30) days, while continuing to deal with the bank, shall be deemed an acceptance by him/her of the amendment. Should he/she not accept the amendment, he/she may close the current account, return cheque books. Xxxxxx AIBilad card, AIBilad credit card, and any other documents issued to him/her in connection with the account, after settling any outstanding debts to the bank.

Appears in 3 contracts

Samples: www.bankalbilad.com, www.bankalbilad.com, www.bankalbilad.com

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Amendment of Terms and Conditions. The bank may from time to time amend the terms and conditions applicable to the account and other services rendered to the customer, including the fees and taxes applicable on such services. Before any such amendment come into effect, the bank shall notify the customer of the same through any means of communication at his/her latest address contained in the bank's records. Any confirmation or proof of delivery or transmission shall deemed an evidence and acknowledgment of receipt by the customer of such notification. Non objection by the customer to such amendment within (30) days, while continuing to deal with the bank, shall be deemed an acceptance by him/her of the amendment. Should he/she not accept the amendment, he/she may close the current account, return cheque books. Xxxxxx AIBilad card, AIBilad credit card, and any other documents issued to him/her in connection with the accountthis agreement, after settling any outstanding debts to the bank.

Appears in 2 contracts

Samples: Branch Agreement, www.bankalbilad.com

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Amendment of Terms and Conditions. The bank may from time to time amend the terms and conditions applicable to the account and other services rendered to the customer, including the fees and taxes applicable on such services. Before any such amendment come into effect, the bank shall notify the customer of the same through any means of communication at his/her latest address contained in the bank's records. Any confirmation or proof of delivery or transmission shall deemed an evidence and acknowledgment of receipt by the customer of such notification. Non objection by the customer to such amendment within (30) days, while continuing to deal with the bank, shall be deemed an acceptance by him/her of the amendment. Should he/she not accept the amendment, he/she may close the current account, return cheque books. Xxxxxx AIBilad card, AIBilad credit card, and any other documents issued to him/her in connection with the account, after settling any outstanding debts to the bank.

Appears in 1 contract

Samples: www.bankalbilad.com

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