Agent Banking Services definition

Agent Banking Services means the service provided by the Super Agent to its customers through the Super Agent’s appointed Agents. Such services shall include but not be limited to account opening, deposits, withdrawals, account opening services, funds transfer, salary payments, account enquires, bills payments.
Agent Banking Services means banking services that an agent is able to perform on behalf of a bank authorised according to this directive.
Agent Banking Services means banking services that an agent is able to

Examples of Agent Banking Services in a sentence

  • The Independent-Agent will not collect or receive, and will not be involved in collecting or receiving, any form of payment, compensation, gratification or emolument, for whatever purpose, from prospective or existing customers under the pretext of Agent Banking Services .

  • Provide the Independent-Agent with operational guidelines, manuals and/or risk management policy documents as shall be required for efficient rendering Agent Banking Services.

  • This Agreement and the incorporated documents represent the entire Agreement and understanding between the Independent-Agent and the Super Agent, all prior oral, written or implied agreements between them, with respect to the supply of the Agent Banking Services.

  • The Agent has applied to the Super Agent to be appointed as an Independent for the purpose of providing Agent Banking Services to the Super Agent’s customers on terms and conditions hereinafter defined and agreed by both parties which terms may be varied from time to time.

  • The Independent-Agent shall: Diligently market, offer and transact the Agent Banking Services as enumerated in “Appendix A” of this Agreement to both prospective and existing customers.

  • Render the Agent Banking Services at his/her/it’s registered business address/Service Location disclosed to and approved by the Super Agent.

  • This Agent Banking Services is subject to CBN’s regulatory review and the Super Agent and CBN shall be granted full and timely access to the Independent-Agent’s internal systems, documents reports, records, staff and premises and shall exercise such powers as it may deem necessary.

  • Acknowledges that all information, documents and data that the Independent-Agent supplied in respect of the Agent Banking Services from any source whatsoever shall remain the property of the Super Agent and such information shall be kept confidential.

  • The Super Agent shall Provide its branded kiosk(s) to the Independent-Agent to perform the Agent Banking Services to customers At its sole discretion; provide the Independent-Agent with training and documentation relating to Agent Banking Services to enhance the performance of the Independent-Agent.

  • This Agreement and the incorporated documents represent the entire Agreement and understanding between the Sole-Agent and the Bank, all prior oral, written or implied agreements between them, with respect to the supply of the Agent Banking Services.


More Definitions of Agent Banking Services

Agent Banking Services means the service provided by the Bank to its customers through the Bank’s appointed Agents. Such services shall include but not be limited to account opening, deposits, withdrawals, account opening services, funds transfer, salary payments, account enquires, bills payments.  "Sole Agent(s)" means person(s) registered and engaged by the Bank to provide Agent Banking Services.