Common use of WITHDRAWALS AND PAYMENTS Clause in Contracts

WITHDRAWALS AND PAYMENTS. 1.1. The Customer effects withdrawals from his Current Account in MUR, only by means of cheques supplied to him by the Bank for that particular account. Cheques should be signed as per the specimen signature supplied to the Bank and any alteration in the cheque must be authenticated by the drawer’s full signature. The Bank reserves its right not to honour any cheque issued by the Customer in case the signature appearing on the cheque differs from the specimen signature supplied by the Customer to the Bank and in case of any other discrepancies.

Appears in 4 contracts

Samples: bankone.mu, bankone.mu, bankone.mu

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