SBM Bank definition

SBM Bank or “Issuer” shall mean SBM Bank (India) Limited (CIN No. U65999MH2017FLC293229), a company incorporated in India under the provisions of Companies Act 2013 and a banking company under the Banking Regulations Act 1949 and who is licensed to carry on its business of banking by the Reserve Bank of India (“RBI”) and having its Registered Office at 101, Raheja Centre,1st Floor Free Press Journal Marg, Nariman Point Mumbai, Maharashtra 400021 (hereinafter called “SBM Bank” or “Bank” which expression shall, unless repugnant to the context thereof, mean and include its successors and assigns).
SBM Bank or “Bank”) in partnership with Resilient Innovations Pvt Ltd (“RIPL”) through PostPe application
SBM Bank means SBM Bank (India) Limited, a company incorporated in India under the provisions of Companies Act 2013, being a Banking company incorporated under the Banking Regulations Act 1949, which is licensed to carry on its business of banking by the Reserve Bank of India bearing CIN U65999MH2017FLC293229, and having its Registered Office at 101, Raheja Centre, 1st Floor Free Press Journal Marg, Nariman Point Mumbai 400021

Examples of SBM Bank in a sentence

  • SBM Bank shall reverse the credit transaction to the cardholder’s bank account, if no consent/response is received from the cardholder.

  • SBM Bank may, at its sole discretion, utilize the services of external service provider/s or agent/s and on such terms as required or necessary, in relation to its products/ services.

  • SBM Bank reserves the right to offer to the Card Holders, whose accounts have been maintained in good standing as per the credit norms of SBM Bank, certain facilities, memberships and services at such fees and on such terms and conditions as it may deem fit.

  • Notices or communication may be made to: (i) the Card Holder’s address or facsimile number as recorded in SBM Bank’s records and to which notices / communications are to be sent (as specified in the Application Form), and (ii) SBM Bank’s zonal / regional / branch /office address or facsimile number (as specified in the application form), or to such other address or facsimile number as may be designated by the Card Holder and SBM Bank in writing to each other.

  • SBM Bank reserves the right to revise the policies, features and benefits offered on the Card from time to time and may notify the Card Holder of any such revisions/changes in any manner as deemed appropriate.

  • It must be distinctly understood that the Card is purely a facility to the Card Member to purchase goods and/or avail of services, SBM Bank holds out no warranty or makes no representation about quality, delivery or otherwise of the merchandise.

  • SBM Bank reserves the right to use the information provided by the Card Holder on his application and during surveys, information from external sources, including consumer reports, for marketing activities carried out by SBM Bank / Affiliates.

  • The Card Holder will be bound by such revisions/changes unless the Card is returned to SBM Bank for cancellation before the date on which the revisions/changes are made.

  • SBM Bank shall not be liable, in any way, to the Card Holder, in case of defect or breach in the performance of carrying out such facilities, memberships or services or the non-performance thereof, whether by SBM Bank, or a merchant or any other third party.

  • The existence of the claim or dispute shall not relieve the Card Holder of his obligation to pay all the Charges to SBM Bank and the Card Holder agrees to pay such charges promptly.


More Definitions of SBM Bank

SBM Bank or “Issuer” shall mean SBM Bank (India) Limited (CIN No. U65999MH2017FLC293229), a company incorporated in India under the provisions of Companies Act 2013 and a banking company under the Banking Regulations Act 1949 and who is licensed to carry on its business of banking by the Reserve Bank of India

Related to SBM Bank

  • INTERCAM BANCO undertakes to provide the "CUSTOMER" the Host to Host Banking service, through which it will allow the "CUSTOMER" to send or receive files in ".txt" format, for payments in SPEI, SPID, international transfers, credit card payments, as well as for balance inquiries and electronic account statements through SWIFT MT940 and SWIFT MT942. Likewise, the "CUSTOMER" must designate and register the beneficiaries in the terms set forth in the common legislation. Notwithstanding the foregoing, "INTERCAM BANCO" may make available to the "CUSTOMER" other formats that expand the range of operations and services provided through Host to Host Banking that "INTERCAM BANCO" will make known to the "CUSTOMER". "INTERCAM BANCO" will provide the connection to the Host to Host Banking service through a Secure File Transfer Protocol, "SFTP" (for its acronym in English), or through an Application Programming Interface, "API" (for its acronym in English). For purposes of the foregoing, in order to request the activation of the Host to Host Banking service, the "CUSTOMER" must have previously contracted an "Account" with "INTERCAM BANCO" in terms of Chapter I of this "Agreement". The "CUSTOMER" shall indicate to "INTERCAM BANCO" through the Host to Host Banking service the personnel authorized to register and carry out operations in the "Account(s)", who shall be solely responsible for the use of the system used by the "CUSTOMER" for its connection to the Host to Host Banking service. THIRTEENTH ONE. "INTERCAM BANCO" will provide the Host to Host Banking service from 9:00 a.m. to 4:00 p.m. every "BUSINESS DAY". Likewise, "INTERCAM BANCO" may extend or restrict the hours in accordance with its operational needs, having to previously inform the "CUSTOMER" by the means agreed by both for such purpose under this service and/or "Contract".

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  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

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  • Company Bank has the meaning set forth in the preamble to this Agreement.