Common use of Suspension of Access Clause in Contracts

Suspension of Access. The Bank reserves the right to suspend, deny or terminate the Customer’s access to Alternative Networks for objective reasons related to their secure use or if it suspects that they are used without authorization or fraudulently or for reasons related to the certification and verification of the Customer's identity and financial/banking profile, in accordance with the international and European financial sanctions pursuant to the applicable regulatory and legislative framework and the Bank’s internal policy. In such cases the Bank shall inform the Customer of the suspension and the reasons for it, in any way the Bank sees fit, where possible, before the suspension of the access and at the latest immediately thereafter, unless giving such information would compromise objectively justified security reasons or is prohibited by other relevant legislation. As soon as the reasons for the suspension no longer apply, the Bank will lift the suspension.

Appears in 5 contracts

Samples: Single Agreement, Single Agreement, Single Agreement

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Suspension of Access. The Bank reserves the right to suspend, deny or terminate the Customer’s access to Alternative Networks for objective reasons related to their secure use or if it suspects that they are used without authorization or fraudulently or for reasons related to the certification and verification of the Customer's identity and financial/banking profile, in accordance with the international and European financial sanctions pursuant to the applicable regulatory and legislative framework and the Bank’s internal policy. In such cases the Bank shall inform the Customer of the suspension and the reasons for it, in any way the Bank sees fit, where possible, before the suspension of the access and at the latest immediately thereafter, unless giving such information would compromise objectively justified security reasons or is prohibited by other relevant legislation. As soon as the reasons for the suspension no longer longe r apply, the Bank will lift the suspension.

Appears in 1 contract

Samples: www.nbg.gr

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