Examples of Private Customer in a sentence
If the aggregate balance of the Preferred Private Customer’s accounts does not reach HUF 50 000 000 on the last banking day of the second month of a calendar quarter, the Bank is entitled to reassign the Preferred Private Customer to Retail Customer status.
If a Preferred Private Customer is reassigned to Retail status from Preferred Private Banking status, the frame agreement on the provision of financial services for key account private customers and any other agreements attached to it become null and void with the signing of the frame agreement on the provision of financial services for key account retail customers.
If the Bank reassigns a Preferred Private Customer to Retail Customer status, but the Preferred Private Customer does not accept the reassignment the Preferred Private Customer is entitled to terminate the frame agreement on the provision of financial services for key account private customers within 60 days from the receipt of the notice of reassignment.
The List of Conditions constitutes an inseparable part of the Agreement for the Provision of Financial Services concluded between the Preferred Private Customer and the Bank.
You are classified as a Private Customer within the meaning of the FSA handbook unless we specify otherwise in correspondence with you.
In case the Preferred Private Customer accepts the reassignment the Preferred Private Customer must conclude the frame agreement on the provision of financial services for key account retail customers with the Bank within 60 days from the receipt of the notice of reassignment.
Precondition for Preferred Private Customer status The aggregate balance of the Preferred Private Customer’s accounts managed by the Bank must be at least HUF 70 000 000 in case of accounts opened before 1 December 2019, and at least HUF 100 000 000 in case ofaccounts opened after 30 November 2019 on the last banking day of the second month of a calendar quarter.
Precondition for Preferred Private Customer status The aggregate balance of the Preferred Private Customer’s accounts managed by the Bank must be at least HUF70 000 000 on the last banking day of the second month of a calendar quarter.
In case the Preferred Private Customer accepts the reassignment the Preferred Private Customer must conclude the frame agreement on the provision of financial services for key account retail customers with the Bank within 60 days from the receipt of the notice of reassignment.Only Preferred Private Customers are entitled to use the Real Time Gross Settlement (RTGS) transfer service and the Bank’s Portfolio Management service.
The Bank’s installed Spectra and Spectra Light services - available in the frame of the Home Banking service described in section 1.1. - will be ceased in the Private Customer segment according to the scheduling to be announced in separate notice.