Common use of SMS Service Clause in Contracts

SMS Service. 1. The Bank and the Customer enter into an SMS Service Agreement. 2. The Bank sends to the Customer the information determined by the agreement between the parties and/or by this article via short text message (SMS), to the cell phone number indicated in the agreement. The Customer is authorized to choose the following types of messages: info service 2022, making transfer/deposit to the account, and total POS terminal payments. 3. If “Info Service 2022” is selected in the agreement, the Customer can send any of the SMS codes listed below from the cell phone number indicated in the agreement to number 2022 to request the corresponding type of information. 2022. SMS code Meanings 0 SMS codes and their meanings 1 Information about the available balance in current accounts 2 Information about the available balance in current accounts 3 Information about deposit account balances 4 Information about savings plan deposit balances 5 Information about credit installment arrears 6 Information about current account balances 7 Official currency exchange rates: USD, EUR, GBP, RUR 8 Commercial currency exchange rates: USD/GEL, EUR/GEL, EUR/USD 9 Commercial currency exchange rates: GBP/GEL, RUR/GEL 10 Deposit account details 11 Information about credit cards 12 Credit card information 13 Option of Language preferences (Georgia/English) 14 Information about the types and numbers of plastic cards and the method of card blocking. 4. If “total deposits in POS terminal” mode is selected by the Customer in the agreement, the Customer will receive information about total turnover on each POS terminal individually. A text message is sent when the amount is deposited to the account and includes information about the transactions of the previous day. If an amount is returned by a POS terminal, the returned amount will be excluded from the total turnover on the date of return. Information about deposited/executed turnover of non-banking days is sent the next banking day, individually day by day. 5. For sending notifications to the Bank, the Customer pays the cell phone company the established cost of sending text messages. 6. The Customer is authorized to change, add or terminate the notifications selected by the agreement at any time. 7. In the case of a change of telephone number from the one indicated in the agreement, the Customer is obliged to immediately notify the Bank in writing and enter into a new agreement with the Bank. Otherwise, the Bank shall not be responsible for violation of information confidentiality and any loss/damage incurred.

Appears in 2 contracts

Sources: Banking Service Conditions, Banking Service Conditions