Common use of Code of Banking Practice Clause in Contracts

Code of Banking Practice. NAB has adopted the Code of Banking Practice and relevant provisions of that Code apply to these Facilities if you are an individual or a small business customer (as defined by that Code). You can obtain from NAB, on request: (a) information on NAB’s current Interest Rates and standard fees and charges relating to the Facilities if any; (b) general descriptive information concerning NAB’s banking services (including information about cheques, account opening procedures, bank cheques, NAB’s obligations regarding the confidentiality of your information, complaint handling procedures, the advisability of you informing NAB promptly when you are in financial difficulty, and the advisability of you reading the terms and conditions applying to each banking service NAB provides to you; (c) general descriptive information about the identification requirements of the Anti-Money Laundering & Counter Terrorism Financing Act 2006 and the options available to you under the tax file number legislation. (d) a copy of the Code of Banking Practice.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement