Common use of Personal Account Clause in Contracts

Personal Account. 6. Following its activation hereunder, the Bank shall maintain for the Client a payment account being a Personal Account (“Personal Account”). The Personal Account opened for and in the name of an individual Client shall be used to accumulate cash funds and perform financial settlements ordered by the Client on the terms and to the extent stipulated in the Terms and Conditions.

Appears in 3 contracts

Samples: Joint Agreement, Joint Agreement, Joint Agreement

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Personal Account. 6. Following its activation hereunder, the Bank shall maintain a bank account for the Client a payment account being a Personal Account (“Personal Account”). The Personal Account opened for and in the name of an individual Client shall be used to accumulate cash funds and perform financial settlements ordered by the Client on the terms and to the extent stipulated in the Terms and Conditions.

Appears in 2 contracts

Samples: Joint Agreement, Joint Agreement

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