Common use of Establishing Accounts Clause in Contracts

Establishing Accounts. The Customer’s Singapore Dollar-denominated, (i) interest-bearing account (the “Interest Account”) and (ii) non interest–bearing account ( the “Non-Interest Account”) (each individually the “Account” and collectively the “Accounts”) maintained with the Bank shall be subject to these Global Account Terms (the “Account Terms”) and the Account Application and the Signature List executed by the Customer regarding the Accounts attached hereto (together, the “Account Applications”); and, by continuing to use the Accounts, the Customer acknowledges its acceptance of these Account Terms and the relevant Account Applications.