OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation: 5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank; 5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information; 5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing; 5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes; 5.1.5 upon the bank’s request immediately to present and supply the bank with any and all signed originals or duly certified copies of documents (invoice, agreement, letter, etc.) related to the performed operations by the client. The client shall be responsible for authenticity, accuracy and validity of the documents so presented and supplied; 5.1.6 to comply with the conditions of this agreement; 5.1.7 to comply with the procedures described in the sources disseminated by the bank; 5.1.8 to pay the commission fees on time; 5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder; 5.1.10 to fully compensate for all and any expenses incurred by the bank (including ones related to sending notification to the customer) related to conclusion, attestation, registration, performance and cancellation of this agreement and any other agreement formed within it and/or any expenses because of the breach of the undertaken obligation. 5.2 the bank shall be under obligation: 5.2.1 to provide the client with information on the status of the client’s account upon its request; 5.2.2 to perform the client’s instruction according to this agreement and relevant legislation; 5.2.3 to observe the conditions of this agreement. 5.3 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia. 5.4 The bank is not obliged to provide client with information on changes (including changes related to the beneficial or indexed interest rates);
Appears in 3 contracts
Sources: Banking Operations Agreement, Banking Operations Agreement, Banking Operations Agreement
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon If requested by the bank’s request Bank, immediately supply/present/transfer to present the Bank the information related to the client and supply the bank with banking transactions performed by the latter, a signed original of any and all signed originals or duly certified copies of documents (invoice, agreement, letter, letter and/or etc.) related to or a properly certified copy thereof (the performed operations by the client. The client shall be held responsible for the authenticity, accuracy and validity legality of the documents so presented and suppliedinformation/document(s));
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for Fully reimburse any and all and any expenses incurred by the bank (including ones related to sending notification to the customer) costs related to conclusion, attestation, registration, performance and cancellation execution andcancelation of this agreement and any other agreement formed signed within it and/or any expenses because of the breach of scope hereof and/orthe costs incurred by the undertaken obligationbank due to the client’s default on obligations assumed by this agreement (including the client notification costs).
5.1.11 To act according to the rules under the Bank’s Employee Discrimination, Violence and Harassment Policy (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇/web/en/web/guest/employee-protection-policy) in relations with the Bank.
5.2 The Client is aware of the possible consequences of providing false, imprecise, incomplete and/or unconfirmed information
5.3 The bank shall be under obligation:
5.2.1 5.3.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 5.3.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 5.3.3 to observe the conditions of this agreement.
5.3 5.4 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 5.5 The bank is not obliged to provide client with information on changes (including changes related to the beneficial or indexed interest rates);
5.6 By signing an application on opening an account/ confirming an SMS message the Client confirms that the information provided therein is true and correct, and fully expresses the account/card holder’s will
5.7 By signing an application on opening an account/ confirming an SMS message, the Client agrees that the Bank will open a current (payment) and/or call deposit account (in any currency) for transferring money to/from the deposit account an/or for the purpose of credit repayment. This means that by signing an application on opening an account/ confirming an SMS message, the Client agrees to all terms and conditions related to the account in question, including standard tariffs
5.8 Policy for the prevention of tax evasion
5.8.1 Parties declare and guarantee that:
5.8.1.1. Each of them as well as their related persons shall conduct their activities in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the above-mentioned issues under permanent control.
5.8.1.2. Parties, as well as persons connected to them: authorized persons, representatives, shall not participate in any activities, which may facilitate of (direct or indirect) corruption, tax fraud and tax evasion in any form.
5.8.1.3. None of them or their Associated Persons have been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.8.1.4. A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its authorized person, representative, , of the liability and the corresponding sanctions, as provided by the legislation (Including potential criminal responsibility). In addition, the Parties confirm that a Party shall not be liable for an action of an authorized person, or an associated person, if the person was not acting on behalf and by order of the Party.
5.8.1.5. These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.8.1.6. Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger due full and due fulfillment of the obligations under the Agreement(s).
Appears in 2 contracts
Sources: Agreement on Carrying Out Banking Operations for Individuals, Banking Operations Agreement
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon If requested by the bank’s request Bank, immediately supply/present/transfer to present the Bank the information related to the client and supply the bank with banking transactions performed by the latter, a signed original of any and all signed originals or duly certified copies of documents (invoice, agreement, letter, letter and/or etc.) related to or a properly certified copy thereof (the performed operations by the client. The client shall be held responsible for the authenticity, accuracy and validity legality of the documents so presented and suppliedinformation/document(s));
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for Fully reimburse any and all and any expenses incurred by the bank (including ones related to sending notification to the customer) costs related to conclusion, attestation, registration, performance and cancellation execution andcancelation of this agreement and any other agreement formed signed within it and/or any expenses because of the breach of scope hereof and/orthe costs incurred by the undertaken obligationbank due to the client’s default on obligations assumed by this agreement (including the client notification costs).
5.1.11 To act according to the rules under the Bank’s Employee Discrimination, Violence and Harassment Policy (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇/web/en/web/guest/employee-protection-policy) in relations with the Bank.
5.2 The Client is aware of the possible consequences of providing false, imprecise, incomplete and/or unconfirmed information
5.3 The bank shall be under obligation:
5.2.1 5.3.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 5.3.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 5.3.3 to observe the conditions of this agreement.
5.3 5.4 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 5.5 The bank is not obliged to provide client with information on changes (including changes related to the beneficial or indexed interest rates);
5.6 By signing an application on opening an account/ confirming an SMS message the Client confirms that the information provided therein is true and correct, and fully expresses the account/card holder’s will
5.7 By signing an application on opening an account/ confirming an SMS message, the Client agrees that the Bank will open a current (payment) and/or call deposit account (in any currency) for transferring money to/from the deposit account an/or for the purpose of credit repayment. This means that by signing an application on opening an account/ confirming an SMS message, the Client agrees to all terms and conditions related to the account in question, including standard tariffs
5.8 Policy for the prevention of tax evasion:
5.8.1 Parties declare and guarantee that:
5.8.1.1. Each of them as well as their related persons shall conduct their activities in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the above-mentioned issues under permanent control.
5.8.1.2. Parties, as well as persons connected to them: authorized persons, representatives, shall not participate in any activities, which may facilitate of (direct or indirect) corruption, tax fraud and tax evasion in any form.
5.8.1.3. None of them or their Associated Persons have been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.8.1.4. A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its authorized person, representative, , of the liability and the corresponding sanctions, as provided by the legislation (Including potential criminal responsibility). In addition, the Parties confirm that a Party shall not be liable for an action of an authorized person, or an associated person, if the person was not acting on behalf and by order of the Party.
5.8.1.5. These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.8.1.6. Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger due full and due fulfillment of the obligations under the Agreement(s).
Appears in 2 contracts
Sources: Banking Operations Agreement, Banking Operations Agreement
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon the bank’s request immediately to present and supply the bank with any and all signed originals or duly certified copies of documents (invoice, agreement, letter, etc.) and information related to the performed operations by the client. The client shall be responsible for authenticity, accuracy and validity of the documents so presented and suppliedbanking operations;
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for Fully reimburse any and all and any expenses incurred by the bank (including ones related to sending notification to the customer) costs related to conclusion, attestation, registration, performance and cancellation execution andcancelation of this agreement and any other agreement formed signed within it and/or any expenses because of the breach of scope hereof and/orthe costs incurred by the undertaken obligationbank due to the client¶s default on obligations assumed by this agreement (including the client notification costs).
5.2 The Client is aware of the possible consequences of providing false, imprecise, incomplete and/or unconfirmed information
5.3 The bank shall be under obligation:
5.2.1 5.3.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 5.3.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 5.3.3 to observe the conditions of this agreement.
5.3 5.4 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 5.5 The bank is not obliged to provide client with information on changes (including changes related to the beneficial or indexed interest rates);
5.6 By signing an application on opening an account/ confirming an SMS message the Client confirms that the information provided therein is true and correct, and fully expresses the account/card holder’s will
5.7 By signing an application on opening an account/ confirming an SMS message, the Client agrees that the Bank will open a current (payment) and/or call deposit account (in any currency) for transferring money to/from the deposit account an/or for the purpose of credit repayment. This means that by signing an application on opening an account/ confirming an SMS message, the Client agrees to all terms and conditions related to the account in question, including standard tariffs
5.8 Policy for the prevention of tax evasion
5.8.1 Parties declare and guarantee that:
5.8.1.1. Each of them as well as their related persons shall conduct their activities in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the above-mentioned issues under permanent control.
5.8.1.2. Parties, as well as persons connected to them: authorized persons, representatives, shall not participate in any activities, which may facilitate of (direct or indirect) corruption, tax fraud and tax evasion in any form.
5.8.1.3. None of them or their Associated Persons have been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.8.1.4. A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its authorized person, representative, , of the liability and the corresponding sanctions, as provided by the legislation (Including potential criminal responsibility). In addition, the Parties confirm that a Party shall not be liable for an action of an authorized person, or an associated person, if the person was not acting on behalf and by order of the Party.
5.8.1.5. These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.8.1.6. Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger due full and due fulfillment of the obligations under the Agreement(s).
Appears in 1 contract
Sources: Banking Operations Agreement
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon If requested by the bank’s request Bank, immediately supply/present/transfer to present the Bank the information related to the client and supply the bank with banking transactions performed by the latter, a signed original of any and all signed originals or duly certified copies of documents (invoice, agreement, letter, letter and/or etc.) related to or a properly certified copy thereof (the performed operations by the client. The client shall be held responsible for the authenticity, accuracy and validity legality of the documents so presented and suppliedinformation/document(s));
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for Fully reimburse any and all and any expenses incurred by the bank (including ones related to sending notification to the customer) costs related to conclusion, attestation, registration, performance and cancellation execution andcancelation of this agreement and any other agreement formed signed within it and/or any expenses because of the breach of scope hereof and/orthe costs incurred by the undertaken obligationbank due to the client’s default on obligations assumed by this agreement (including the client notification costs).
5.1.11 To act according to the rules under the Bank’s Employee Discrimination, Violence and Harassment Policy (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇/web/en/web/guest/employee-protection-policy) in relations with the Bank.
5.2 The Client is aware of the possible consequences of providing false, imprecise, incomplete and/or unconfirmed information
5.3 The bank shall be under obligation:
5.2.1 5.3.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 5.3.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 5.3.3 to observe the conditions of this agreement.
5.3 5.4 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 5.5 The bank is Bank does not obliged have the obligation to provide client the Client with information that is beneficial for the Client;
5.6 By signing an application on changes opening an account/ confirming an SMS message the Client confirms that the information provided therein is true and correct, and fully expresses the account/card holder’s will
5.7 By signing an application on opening an account/ confirming an SMS message, the Client agrees that the Bank will open a current (including changes payment) and/or call deposit account (in any currency) for transferring money to/from the deposit account an/or for the purpose of credit repayment. This means that by signing an application on opening an account/ confirming an SMS message, the Client agrees to all terms and conditions related to the beneficial account in question, including standard tariffs
5.8 Policy for the prevention of tax evasion:
5.8.1 Parties declare and guarantee that:
5.8.1.1. Each of them as well as their related persons shall conduct their activities in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the above-mentioned issues under permanent control.
5.8.1.2. Parties, as well as persons connected to them: authorized persons, representatives, shall not participate in any activities, which may facilitate of (direct or indexed interest ratesindirect) corruption, tax fraud and tax evasion in any form.
5.8.1.3. None of them or their Associated Persons have been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.8.1.4. A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its authorized person, representative, , of the liability and the corresponding sanctions, as provided by the legislation (Including potential criminal responsibility);. In addition, the Parties confirm that a Party shall not be liable for an action of an authorized person, or an associated person, if the person was not acting on behalf and by order of the Party.
5.8.1.5. These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.8.1.6. Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger due full and due fulfillment of the obligations under the Agreement(s).
Appears in 1 contract
Sources: Agreement on Carrying Out Banking Operations for Individuals
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon If requested by the bank’s request Bank, immediately supply/present/transfer to present the Bank the information related to the client and supply the bank with banking transactions performed by the latter, a signed original of any and all signed originals or duly certified copies of documents (invoice, agreement, letter, letter and/or etc.) related to or a properly certified copy thereof (the performed operations by the client. The client shall be held responsible for the authenticity, accuracy and validity legality of the documents so presented and suppliedinformation/document(s));
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for Fully reimburse any and all and any expenses incurred by the bank (including ones related to sending notification to the customer) costs related to conclusion, attestation, registration, performance and cancellation execution andcancelation of this agreement and any other agreement formed signed within it and/or any expenses because of the breach of scope hereof and/orthe costs incurred by the undertaken obligationbank due to the client’s default on obligations assumed by this agreement (including the client notification costs).
5.1.11 To act according to the rules under the Bank’s Employee Discrimination, Violence and Harassment Policy (▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇/en/employee-protection-policy) in relations with the Bank.
5.2 The Client is aware of the possible consequences of providing false, imprecise, incomplete and/or unconfirmed information
5.3 The bank shall be under obligation:
5.2.1 5.3.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 5.3.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 5.3.3 to observe the conditions of this agreement.
5.3 5.4 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 5.5 The bank is Bank does not obliged have the obligation to provide client the Client with information that is beneficial for the Client;
5.6 By signing an application on changes opening an account/ confirming an SMS message the Client confirms that the information provided therein is true and correct, and fully expresses the account/card holder’s will
5.7 By signing an application on opening an account/ confirming an SMS message, the Client agrees that the Bank will open a current (including changes payment) and/or call deposit account (in any currency) for transferring money to/from the deposit account an/or for the purpose of credit repayment. This means that by signing an application on opening an account/ confirming an SMS message, the Client agrees to all terms and conditions related to the beneficial account in question, including standard tariffs
5.8 Policy for the prevention of tax evasion:
5.8.1 Parties declare and guarantee that:
5.8.1.1. Each of them as well as their related persons shall conduct their activities in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the above-mentioned issues under permanent control.
5.8.1.2. Parties, as well as persons connected to them: authorized persons, representatives, shall not participate in any activities, which may facilitate of (direct or indexed interest ratesindirect) corruption, tax fraud and tax evasion in any form.
5.8.1.3. None of them or their Associated Persons have been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.8.1.4. A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its authorized person, representative, , of the liability and the corresponding sanctions, as provided by the legislation (Including potential criminal responsibility);. In addition, the Parties confirm that a Party shall not be liable for an action of an authorized person, or an associated person, if the person was not acting on behalf and by order of the Party.
5.8.1.5. These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.8.1.6. Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger due full and due fulfillment of the obligations under the Agreement(s).
Appears in 1 contract
Sources: Agreement on Carrying Out Banking Operations for Individuals
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon the bank’s request immediately to present and supply the bank with any and all signed originals or duly certified copies of documents (invoice, agreement, letter, etc.) related to the client and performed operations by the client. The client shall be responsible for authenticity, accuracy and validity of the documents so presented and supplied;
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for all and any expenses incurred by the bank (including ones related to sending notification to the customer) related to conclusion, attestation, registration, performance and cancellation of this agreement and any other agreement formed within it and/or any expenses because of the breach of the undertaken obligation.
5.2 the bank shall be under obligation:
5.2.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 to observe the conditions of this agreement.
5.3 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 The bank is not obliged to provide client with information on changes (including changes related to the beneficial or indexed interest rates);
Appears in 1 contract
Sources: Banking Operations Agreement
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment amednment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to Prtioor the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the(Ebaxcnekpt for the bank;remote account(s) according to subparagraph 1.4.1thoef Agreement, in which case providing or submission of documents by the Client to open the account is not mandat;ory)
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following numberfollowingnumber: +99532 272727) of 272727o)f any change as to the address, phone numbernumbe-r, e-e mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;ZLWK WKH FOLHQWl¶▇▇▇▇▇ dinWgD; [ HQWUHSUHQHXULD
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon the bank’s request immediately to present and supply the bank with any and XSRQ WKH EDQN¶V toUpHreTseXntHaVndWsu pLplyPthPeHbaGnkLwDithWaHnyOa\nd all signed originals or duly certified copies of documents (invoice, agreement, letter, etc.) related to the client and performed operations by the client. The client shall be responsible for authenticity, accuracy and acccuyraand validity of the documents so presented and supplied;
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank thebank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for all and any expenses incurred expensseincurred by the bank (including ones related to sending notification to the customer) related to conclusion, attestation, registration, performance and cancellation of this agreement and any other agreement formed within it and/or any expenses because of the breach of the undertaken obligation.
5.2 the bank shall be under obligation:
5.2.1 to provide the client with information on the status of the client’s account upon its request;
WR SURYLGH WKH FOLHQW ZLWK LQIRUPDWLRQ RQ WKH VWDW 5.2.2 to perform the client’s instruction according to this agreement and relevant legislation;
WR SHUIRUP WKH FOLHQW¶V LQVWUXFWLRQ DFFRUGLQJ WR W 5.2.3 to observe the conditions of this agreement.
5.3 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 The bank is not obliged to notobligedto provide client with information on changes (including changes related to the beneficial or indexed interest rates);
5.5 Policy for the prevention of tax evasion
5.5.1 Parties declare and guarantee that:
5.5.1. 1Each of them as well as their subsidiaries, parent companies, and related persons shall conduct their activities and business relationships in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the abo-vmeentioned issues under permanent control.
5.5.1. 2Parties, as well as persons connected to them: members ofstehneior management, authorized persons, representatives, employees or other staff of their subsidiaries or parent companies shall not participate in any activities, which may facilitateof (direct or indirect) corruption, tax fraud and tax evasion in any form.
5.5.1. 3None of them or their Associated Personhsave been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.5.1. 4A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its senior management, authorized person, representative, employee or other staff or associated person, of the liability and the correspdoing sanctions, as provided by the legislation (Including potential criminal responsibility). In addition, the Parties confirm that a Party shall not be liable for an action of a member of the senior management, authorized person, other personnel or an associated person and/or associated company, if the person was not acting on behalf and by order of the Party.
5.5.1. 5These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.5.1. 6Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger dufuell and due fulfillment of the obligations under the Agreement(s). Depending on the seriousness of violations of the above guarantees, the Bank harisghthteto demand that the contracting Party provide its statements and records.
Appears in 1 contract
Sources: Banking Operations Agreement
OBLIGATIONS AND RIGHTS OF THE PARTIES. 5.1 The client shall be under obligation:
5.1.1 to notify the bank promptly of any change and amendment to the documents and information provided to the bank, as well as to notify the bank in writing of change of persons entitled to manage the accounts or receive information from the accounts and attach the relevant documents to the notification. Prior to the receipt of the notification on the amendment and the attached documents the bank shall perform operations based on the documents and signature samples formerly supplied to the bank;
5.1.2 to promptly notify the bank in writing or through the internet-banking or contacting the Call Center of the bank through the telephone code (to the following number: +99532 272727) of any change as to the address, phone number, e-e- mail address and/or other contact information;
5.1.3 upon opening of each new account to supply to the bank the documents required thereby in accordance with the client’s tax/entrepreneurial standing;
5.1.4 to use account designated for entrepreneurial purposes solely in case of relevant tax/entrepreneurial standing. The client shall otherwise not be entitled to use the account for entrepreneurial purposes;
5.1.5 upon If requested by the bank’s request Bank, immediately supply/present/transfer to present the Bank the information related to the client and supply the bank with banking transactions performed by the latter, a signed original of any and all signed originals or duly certified copies of documents (invoice, agreement, letter, letter and/or etc.) related to or a properly certified copy thereof (the performed operations by the client. The client shall be held responsible for the authenticity, accuracy and validity legality of the documents so presented and suppliedinformation/document(s));
5.1.6 to comply with the conditions of this agreement;
5.1.7 to comply with the procedures described in the sources disseminated by the bank;
5.1.8 to pay the commission fees on time;
5.1.9 to sign and submit to the bank in no later than 3 (three) calendar days after receipt of the request from the bank any kind of document necessary for the latter to effect its rights and carry out the obligation(s) of the client hereunder;
5.1.10 to fully compensate for Fully reimburse any and all and any expenses incurred by the bank (including ones related to sending notification to the customer) costs related to conclusion, attestation, registration, performance and cancellation execution andcancelation of this agreement and any other agreement formed signed within it and/or any expenses because of the breach of scope hereof and/orthe costs incurred by the undertaken obligationbank due to the client’s default on obligations assumed by this agreement (including the client notification costs).
5.1.11 To act according to the rules under the Bank’s Employee Discrimination, Violence and Harassment Policy (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇/web/en/web/guest/employee-protection-policy) in relations with the Bank.
5.2 The Client is aware of the possible consequences of providing false, imprecise, incomplete and/or unconfirmed information
5.3 The bank shall be under obligation:
5.2.1 5.3.1 to provide the client with information on the status of the client’s account upon its request;
5.2.2 5.3.2 to perform the client’s instruction according to this agreement and relevant legislation;
5.2.3 5.3.3 to observe the conditions of this agreement.
5.3 5.4 The client shall be prohibited from using any service provided hereunder for illegal purposes, including for a purchase of goods or service that are prohibited under the laws of Georgia.
5.4 5.5 The bank is not obliged to provide client with information on changes (including changes related to the beneficial or indexed interest rates);
5.6 By signing an application on opening an account/ confirming an SMS message the Client confirms that the information provided therein is true and correct, and fully expresses the account/card holder’s will
5.7 By signing an application on opening an account/ confirming an SMS message, the Client agrees that the Bank will open a current (payment) and/or call deposit account (in any currency) for transferring money to/from the deposit account an/or for the purpose of credit repayment. This means that by signing an application on opening an account/ confirming an SMS message, the Client agrees to all terms and conditions related to the account in question, including standard tariffs
5.8 Policy for the prevention of tax evasion:
5.8.1 Parties declare and guarantee that:
5.8.1.1. Each of them as well as their related persons shall conduct their activities in good faith and lawful conduct, observing high standards of ethics. Parties have zero tolerance policy towards corruption, tax fraud, facilitation of tax evasion in any form and any other kind of criminal acts and keep the above- mentioned issues under permanent control.
5.8.1.2. Parties, as well as persons connected to them: authorized persons, representatives, shall not participate in any activities, which may facilitate of (direct or indirect) corruption, tax fraud and tax evasion in any form.
5.8.1.3. None of them or their Associated Persons have been found guilty and/or accused in corruption, tax fraud and facilitation of tax evasion cases.
5.8.1.4. A breach of any provision of the above Policy may lead to the termination of both this contract and any previous agreement between the Parties. However, such termination does not relieve the infringing party and/or member of its authorized person, representative, , of the liability and the corresponding sanctions, as provided by the legislation (Including potential criminal responsibility). In addition, the Parties confirm that a Party shall not be liable for an action of an authorized person, or an associated person, if the person was not acting on behalf and by order of the Party.
5.8.1.5. These representations and warranties shall remain in force until the Parties to this Agreement duly and timely fulfill the provisions of this Agreement and/or all other agreement(s) previously concluded by the Parties, in spite of full or partial termination of such agreement(s).
5.8.1.6. Any party shall immediately inform the other side of the circumstance(s), which may result in a contradiction and/or violation of these guarantees, as well as the occurrence of any events or circumstances that may endanger due full and due fulfillment of the obligations under the Agreement(s).
Appears in 1 contract
Sources: Banking Operations Agreement