Common use of Payment Instruments Clause in Contracts

Payment Instruments. To enable the Account holder to perform payment transactions on their account, the Bank may make a transfer service available to them, upon request. The Bank may refuse the issue or use of transfers if the account has insufficient provision, or if there is a prohibition on holding bank accounts or judicial order against the Account holder or a protection measure affecting the Account holder (a minor, family consent, temporary judicial protection with appointment of a special proxy, partial guardianship or plenary guardianship, appointment of an interim administrator, assistance from a court-appointed guardian) if authorization for the payment instrument(s) is not included in the court ruling ordering the protection measure. As soon as a payment instrument has been issued, the Account holder must take all reasonable steps to ensure that it is secure in accordance with Article 17-7. If the Account holder has subscribed to the Private Online Space service, they may also perform payment transactions through their cash account linked to their securities account through the Private Online Space. The terms and conditions for access to and use of said service, as well as precautionary measures to be taken by the Account holder, are set forth in the General Terms and Conditions for access to and use of the 'Private Online Space' service.

Payment Instruments. To enable the Account holder to perform payment transactions on their account, the Bank may make a transfer service available to them, upon request. The Bank may refuse the issue or use of transfers if the account has insufficient provision, or if there is a prohibition on holding bank accounts or judicial order against the Account holder or a protection measure affecting the Account holder (a minor, family consent, temporary judicial protection with appointment of a special proxy, partial guardianship or plenary guardianship, appointment of an interim administrator, assistance from a court-appointed guardian) if authorization for the payment instrument(s) is not included in the court ruling ordering the protection measure. As soon as a payment instrument has been issued, the Account holder must take all reasonable steps to ensure that it is secure in accordance with Article 17-7. If the Account holder has subscribed to the Private Online Space service, they may also perform payment transactions through their cash account linked to their securities account through the Private Online Space. The terms and conditions for access to and use of o f said service, as well as precautionary measures to be taken by the Account holder, are set forth in the General Terms and Conditions for access to and use of the 'Private Online Space' service.