Account Holder. 1.1. I, as the account holder and authorised user of my IMB Personal account, hereby agree and confirm that I know and understand that: – 1.1.1. IMB is an approved co-brand partner of Flexpay (Pty) Ltd (hereafter referred to as “Flexpay”) as an authorised distribution channel of Access Bank South Africa Limited (hereafter referred to as “Access Bank”). 1.1.2. I will be depositing my money into an Access Bank bank account held in my name and that I will be able to access my money by using the Debit Card provided by IMB or by the following self- service channels: IMB Online Financial Services platform and IMB Mobile Application, and that I will not be able to interact directly with Access Bank. 1.1.3. I hereby authorise IMB to open an account in my name with Access Bank using the IMB Online Financial Services platform and/or IMB Mobile App (hereafter referred to as “my account”) in terms of the agreement entered into between IMB, Flexpay and Access Bank Bank 1.1.4. I will instruct all actions to be taken on my account and with my money via the authorized systems provided by IMB, who will perform a daily reconciliation on my account and ensure compliance with all regulatory requirements demanded by Access Bank. 1.1.5. I appoint IMB as my agent to administer and deal with the funds held in my account (“the Funds”); 1.1.6. I hereby specifically authorise IMB in terms of this mandate to: 1.1.6.1. Open, operate, manage, and close an account in my name and on my behalf subject to the terms and conditions herein. 1.1.6.2. I hereby grant IMB the necessary authority to transact on my account on my behalf, subject to the receipt of electronic instructions from myself via the IMB user platforms; 1.1.6.3. authorise payment of fees to IMB pertaining to the opening, operation, and management of my account. 1.1.6.4. Access Bank and all other product providers contracted to IMB are entitled to act on all instructions given to it by IMB on my behalf in respect of my account and/or accounts held in my name by the product provider concerned; 1.1.7. I hereby confirm and acknowledge that IMB is obliged to act on and accept all instructions and transactions given by me to IMB via the IMB user platforms and that any transactions and/or instructions given after my access codes have been entered or applied will be considered to be instructions and/or payments authorised by me provided that I have enough money in my account to cover both the transaction value and the transaction fee. 1.1.8. I hereby confirm and acknowledge that IMB cannot act on or process my transaction instructions unless I have enough money in my account to cover both the transaction value and the transaction fee. receive confirmation of transactions and account statements on a monthly basis and IMB will be responsible for the reconciliation thereof; 1.1.10. I confirm that IMB acts as my agent and assumes, except in so far as there may be a right of recovery against IMB, all risks connected with the administration of the entrusted Funds by IMB, as well as the responsibility to ensure that IMB executes the instructions as recorded in this Mandate; 1.1.11. should I instruct IMB to make any payments to a third party from my account, I hereby unconditionally absolve and indemnify IMB and Access Bank from and against all and/or any loss, damage, costs and expenses which I or any other person whatsoever, including any minor children, may sustain or incur, either directly or indirectly as a result of the Access Bank or IMB paying any amounts into the bank account of any third party; 1.1.12. all warranties given or statements made by me in terms hereof are deemed to be given or made in favour of the Access Bank and Access Bank will be deemed to have accepted the benefits given to it by this Mandate when it receives any deposit from me or from IMB on my behalf; 1.1.13. I further hereby specifically authorise IMB to accept payments on my behalf from multiple payers (including myself) and to make payments on my behalf to multiple beneficiaries (including myself) based on instructions given by me to IMB via the IMB user platform/s 1.1.14. I accept that IMB operates and functions within the requirements of the Electronic Transactions and Communications Act, and as such whenever I click “Submit” or “Accept” once I have logged on to the IMB Online Financial Services platform or the IMB Mobile App using my Personal Identification Number (PIN) and User Name, such action will be deemed an electronic signature by myself and am I bound by the terms and conditions as presented by the preceding action 1.1.15. I accept that under the Electronic Communications and Transactions Act, 25 of 2002 and in terms of the National Payment System Act, 78 of 1998 I have 7 (seven) days to cancel without any reason this agreement and that IMB must with Thirty (30) days refund all monies paid to it for the supply of its services less cost of account closure 1.1.16. I consent to IMB carrying out identity and fraud prevention checks and sharing information relating to this application, my account and any or all transactions on my account with the South African Fraud Prevention Service (SAFPS) Department of Home Affairs (DHA) the Financial Intelligence Centre (FIC) and/or any other government agency and/or product provider with whom IMB have contracts with. This includes the collection and sharing of biometric information to verify my identity. Should my conduct of my account at any time in the future reasonably cause IMB to suspect that my accounts are being used for improper and/or illegal purposes, I hereby irrevocably consent to IMB providing details of this suspicion to the relevant authorities. I understand and agree that the record of this suspected fraud will then be available to other members of the SAFPS if they carry out credit/other checks on my name. 1.1.17. I consent to IMB checking my credit record with any credit reference agency. I also consent to IMB providing credit reference agencies with regular updates about the conduct of my accounts, including the failure to meet the agreed terms and conditions. I also agree that the credit reference agencies may, in turn, make my record and details available to other credit grantors. 1.1.18. I confirm and agree that the information provided by me to IMB upon and at all other times will be true, accurate, current, and complete. I also agree that I will ensure that this information is kept accurate and up to date at all times and that if IMB has reason to believe that the information or documents I have provided them with are false and tampered with in any way, they will immediately close my account and notify any relevant authority where necessary. 1.1.19. I confirm further that I have read and accept the standard terms and conditions of ACCESS BANK Bank as set out on its website which I found at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/.
Appears in 1 contract
Sources: Account Terms and Conditions
Account Holder. 1.1. I, as the account holder and authorised user of my IMB Personal account, hereby agree and confirm that I know and understand that: –
1.1.1. IMB is an approved co-brand partner of Flexpay (Pty) Ltd (hereafter referred to as “Flexpay”) as an authorised distribution channel of Access Bank South Africa Grobank Limited (hereafter referred to as “Access BankGrobank”).
1.1.2. I will be depositing my money into an Access Bank a Grobank bank account held in my name and that I will be able to access my money by using the Debit Card provided by IMB or by the following self- service channels: IMB Online Financial Services platform and IMB Mobile Application, and that I will not be able to interact directly with Access BankGrobank.
1.1.3. I hereby authorise IMB to open an account in my name with Access Bank Grobank using the IMB Online Financial Services platform and/or IMB Mobile App (hereafter referred to as “my account”) in terms of the agreement entered into between IMB, Flexpay and Access Bank Grobank Bank
1.1.4. I will instruct all actions to be taken on my account and with my money via the authorized systems provided by IMB, who will perform a daily reconciliation on my account and ensure compliance with all regulatory requirements demanded by Access BankGrobank.
1.1.5. I appoint IMB as my agent to administer and deal with the funds held in my account (“the Funds”);
1.1.6. I hereby specifically authorise IMB in terms of this mandate to:
1.1.6.1. Open, operate, manage, and close an account in my name and on my behalf subject to the terms and conditions herein.
1.1.6.2. I hereby grant IMB the necessary authority to transact on my account on my behalf, subject to the receipt of electronic instructions from myself via the IMB user platforms;
1.1.6.3. authorise payment of fees to IMB pertaining to the opening, operation, and management of my account.
1.1.6.4. Access Bank Grobank and all other product providers contracted to IMB are entitled to act on all instructions given to it by IMB on my behalf in respect of my account and/or accounts held in my name by the product provider concerned;
1.1.7. I hereby confirm and acknowledge that IMB is obliged to act on and accept all instructions and transactions given by me to IMB via the IMB user platforms and that any transactions and/or instructions given after my access codes have been entered or applied will be considered to be instructions and/or payments authorised by me provided that I have enough money in my account to cover both the transaction value and the transaction fee.
1.1.8. I hereby confirm and acknowledge that IMB cannot act on or process my transaction instructions unless I have enough money in my account to cover both the transaction value and the transaction fee. receive confirmation of transactions and account statements on a monthly basis and IMB will be responsible for the reconciliation thereof;
1.1.10. I confirm that IMB acts as my agent and assumes, except in so far as there may be a right of recovery against IMB, all risks connected with the administration of the entrusted Funds by IMB, as well as the responsibility to ensure that IMB executes the instructions as recorded in this Mandate;
1.1.11. should I instruct IMB to make any payments to a third party from my account, I hereby unconditionally absolve and indemnify IMB and Access Bank Grobank from and against all and/or any loss, damage, costs and expenses which I or any other person whatsoever, including any minor children, may sustain or incur, either directly or indirectly as a result of the Access Bank Grobank or IMB paying any amounts into the bank account of any third party;
1.1.12. all warranties given or statements made by me in terms hereof are deemed to be given or made in favour of the Access Bank Grobank and Access Bank Grobank will be deemed to have accepted the benefits given to it by this Mandate when it receives any deposit from me or from IMB on my behalf;
1.1.13. I further hereby specifically authorise IMB to accept payments on my behalf from multiple payers (including myself) and to make payments on my behalf to multiple beneficiaries (including myself) based on instructions given by me to IMB via the IMB user platform/s
1.1.14. I accept that IMB operates and functions within the requirements of the Electronic Transactions and Communications Act, and as such whenever I click “Submit” or “Accept” once I have logged on to the IMB Online Financial Services platform or the IMB Mobile App using my Personal Identification Number (PIN) and User Name, such action will be deemed an electronic signature by myself and am I bound by the terms and conditions as presented by the preceding action
1.1.15. I accept that under the Electronic Communications and Transactions Act, 25 of 2002 and in terms of the National Payment System Act, 78 of 1998 I have 7 (seven) days to cancel without any reason this agreement and that IMB must with Thirty (30) days refund all monies paid to it for the supply of its services less cost of account closure
1.1.16. I consent to IMB carrying out identity and fraud prevention checks and sharing information relating to this application, my account and any or all transactions on my account with the South African Fraud Prevention Service (SAFPS) Department of Home Affairs (DHA) the Financial Intelligence Centre (FIC) and/or any other government agency and/or product provider with whom IMB have contracts with. This includes the collection and sharing of biometric information to verify my identity. Should my conduct of my account at any time in the future reasonably cause IMB to suspect that my accounts are being used for improper and/or illegal purposes, I hereby irrevocably consent to IMB providing details of this suspicion to the relevant authorities. I understand and agree that the record of this suspected fraud will then be available to other members of the SAFPS if they carry out credit/other checks on my name.
1.1.17. I consent to IMB checking my credit record with any credit reference agency. I also consent to IMB providing credit reference agencies with regular updates about the conduct of my accounts, including the failure to meet the agreed terms and conditions. I also agree that the credit reference agencies may, in turn, make my record and details available to other credit grantors.
1.1.18. I confirm and agree that the information provided by me to IMB upon and at all other times will be true, accurate, current, and complete. I also agree that I will ensure that this information is kept accurate and up to date at all times and that if IMB has reason to believe that the information or documents I have provided them with are false and tampered with in any way, they will immediately close my account and notify any relevant authority where necessary.
1.1.19. I confirm further that I have read and accept the standard terms and conditions of ACCESS BANK GROBANK Bank as set out on its website which I found at ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇▇/.
Appears in 1 contract
Sources: Imb Account Terms and Conditions
Account Holder. 1.1. I, as the account holder and authorised user of my IMB Personal account, hereby agree and confirm that I know and understand that: –
1.1.1. IMB is an approved co-brand partner of Flexpay (Pty) Ltd (hereafter referred to as “Flexpay”) as an authorised distribution channel of Access Bank South Africa Limited (hereafter referred to as “Access Bank”).
1.1.2. I will be depositing my money into an Access Bank bank account held in my name and that I will be able to access my money by using the Debit Card provided by IMB or by the following self- service channels: IMB Online Financial Services platform and IMB Mobile Application, and that I will not be able to interact directly with Access Bank.
1.1.3. I hereby authorise IMB to open an account in my name with Access Bank using the IMB Online Financial Services platform and/or IMB Mobile App (hereafter referred to as “my account”) in terms of the agreement entered into between IMB, Flexpay and Access Bank Bank
1.1.4. I will instruct all actions to be taken on my account and with my money via the authorized systems provided by IMB, who will perform a daily reconciliation on my account and ensure compliance with all regulatory requirements demanded by Access Bank.
1.1.5. I appoint IMB as my agent to administer and deal with the funds held in my account (“the Funds”);
1.1.6. I hereby specifically authorise IMB in terms of this mandate to:
1.1.6.1. Open, operate, manage, and close an account in my name and on my behalf subject to the terms and conditions herein.
1.1.6.2. I hereby grant IMB the necessary authority to transact on my account on my behalf, subject to the receipt of electronic instructions from myself via the IMB user platforms;
1.1.6.3. authorise payment of fees to IMB pertaining to the opening, operation, and management of my account.
1.1.6.4. Access Bank and all other product providers contracted to IMB are entitled to act on all instructions given to it by IMB on my behalf in respect of my account and/or accounts held in my name by the product provider concerned;
1.1.7. I hereby confirm and acknowledge that IMB is obliged to act on and accept all instructions and transactions given by me to IMB via the IMB user platforms and that any transactions and/or instructions given after my access codes have been entered or applied will be considered to be instructions and/or payments authorised by me provided that I have enough money in my account to cover both the transaction value and the transaction fee.
1.1.8. I hereby confirm and acknowledge that IMB cannot act on or process my transaction instructions unless I have enough money in my account to cover both the transaction value and the transaction fee.
1.1.9. I acknowledge that I will not be able to transact directly on my account at Access Bank bank’s branches or head office. All transactions must be addressed to and actioned by IMB. I will receive confirmation of transactions and account statements on a monthly basis and IMB will be responsible for the reconciliation thereof;
1.1.10. I confirm that IMB acts as my agent and assumes, except in so far as there may be a right of recovery against IMB, all risks connected with the administration of the entrusted Funds by IMB, as well as the responsibility to ensure that IMB executes the instructions as recorded in this Mandate;
1.1.11. should I instruct IMB to make any payments to a third party from my account, I hereby unconditionally absolve and indemnify IMB and Access Bank from and against all and/or any loss, damage, costs and expenses which I or any other person whatsoever, including any minor children, may sustain or incur, either directly or indirectly as a result of the Access Bank or IMB paying any amounts into the bank account of any third party;
1.1.12. all warranties given or statements made by me in terms hereof are deemed to be given or made in favour of the Access Bank and Access Bank will be deemed to have accepted the benefits given to it by this Mandate when it receives any deposit from me or from IMB on my behalf;
1.1.13. I further hereby specifically authorise IMB to accept payments on my behalf from multiple payers (including myself) and to make payments on my behalf to multiple beneficiaries (including myself) based on instructions given by me to IMB via the IMB user platform/s
1.1.14. I accept that IMB operates and functions within the requirements of the Electronic Transactions and Communications Act, and as such whenever I click “Submit” or “Accept” once I have logged on to the IMB Online Financial Services platform or the IMB Mobile App using my Personal Identification Number (PIN) and User Name, such action will be deemed an electronic signature by myself and am I bound by the terms and conditions as presented by the preceding action
1.1.15. I accept that under the Electronic Communications and Transactions Act, 25 of 2002 and in terms of the National Payment System Act, 78 of 1998 I have 7 (seven) days to cancel without any reason this agreement and that IMB must with Thirty (30) days refund all monies paid to it for the supply of its services less cost of account closure
1.1.16. I consent to IMB carrying out identity and fraud prevention checks and sharing information relating to this application, my account and any or all transactions on my account with the South African Fraud Prevention Service (SAFPS) Department of Home Affairs (DHA) the Financial Intelligence Centre (FIC) and/or any other government agency and/or product provider with whom IMB have contracts with. This includes the collection and sharing of biometric information to verify my identity. Should my conduct of my account at any time in the future reasonably cause IMB to suspect that my accounts are being used for improper and/or illegal purposes, I hereby irrevocably consent to IMB providing details of this suspicion to the relevant authorities. I understand and agree that the record of this suspected fraud will then be available to other members of the SAFPS if they carry out credit/other checks on my name.
1.1.17. I consent to IMB checking my credit record with any credit reference agency. I also consent to IMB providing credit reference agencies with regular updates about the conduct of my accounts, including the failure to meet the agreed terms and conditions. I also agree that the credit reference agencies may, in turn, make my record and details available to other credit grantors.
1.1.18. I confirm and agree that the information provided by me to IMB upon and at all other times will be true, accurate, current, and complete. I also agree that I will ensure that this information is kept accurate and up to date at all times and that if IMB has reason to believe that the information or documents I have provided them with are false and tampered with in any way, they will immediately close my account and notify any relevant authority where necessary.
1.1.19. I confirm further that I have read and accept the standard terms and conditions of ACCESS BANK Bank as set out on its website which I found at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/.
Appears in 1 contract
Sources: Account Terms and Conditions