Common use of Application for Services Clause in Contracts

Application for Services. 1. To apply for online banking service, Party A shall apply to Party B in person with identification documents and original seal and apply for online banking password letter (user ID shall be set by Party A while applying) or apply through the automated channel provided by Party B. 2. If Party A does not complete the password change activation procedure within thirty days from the date of application for the online banking password issued by Party B, Party B will take the initiative to revoke the online banking password letter, and while using it for the first time, Party A should sign in to the website designated by Party B and enter the information in the password letter, and after confirming that it is correct, Party A should reset the online banking password by itself to serve as a proof of identity confirmation for Party A's future online banking transactions. 3. The online banking password set by Party A in the preceding paragraph shall be a mixture of 6 to 12 digits of English letters and numbers, and shall not have any of the following: (1) The user ID is the same as the online banking password.

Appears in 2 contracts

Sources: Personal Online Banking and Mobile Banking Service Contract, General Agreement for Deposit Account