Likewise. In the case of joint and several accounts, the IPAB will cover up to the amount guaranteed to those who appear in the systems of "INTERCAM BANCO" as holders or co-owners in equal parts. IPAB's coverage of a joint and several account will not exceed four hundred thousand UDIS per account, regardless of the number of owners or co-owners.
Appears in 2 contracts
Sources: Individual Demand Deposit Agreement, Individual Demand Deposit Agreement
Likewise. In the case of joint and several accounts, the IPAB will cover up to the amount guaranteed to those who appear in the systems of "INTERCAM BANCO" as holders or co-owners in equal parts. IPAB's coverage of a joint and several account will not exceed four hundred thousand UDIS per account, account regardless of the number of owners or co-owners.
Appears in 1 contract
Sources: Individual Demand Deposit Agreement