Common use of Opening of Accounts Clause in Contracts

Opening of Accounts. 1.1 The opening of an Account with the Bank is subject to the approval of the Bank. The Customer shall be bound by such terms and conditions imposed by the Bank from time to time on the opening, maintenance and operation of such Account. 1.2 The Customer agrees to open, maintain and operate one Multi Currency Current Account and one Multi Currency Term Deposit for each Wealth Portfolio subject to these terms and conditions.