Procedure for connection to the Banking Service Sample Clauses

The "Procedure for connection to the Banking Service" clause defines the steps and requirements a user or entity must follow to gain access to a bank's online or electronic services. Typically, this involves submitting an application, providing necessary identification or documentation, and completing any required agreements or technical setup, such as installing security software or receiving login credentials. By outlining these procedures, the clause ensures a standardized and secure onboarding process, minimizing the risk of unauthorized access and clarifying expectations for both the bank and the user.
Procedure for connection to the Banking Service. 5.6.1.2.1. In order for the Beneficiary Client to receive the Banking Service, the relevant Agreement on Guaranteed Payments or the Application for Provision of the Banking Service “Guaranteed Payments” shall be concluded between the Bank and the Beneficiary Client” In the circumstances of concluding a Guaranteed Payments Agreement between the Bank and the Beneficiary Client, the Bank shall provide the Banking Service to the Beneficiary Client in the manner and under the conditions stipulated by the Guaranteed Payments Agreement. In the circumstances of concluding an Application between the Bank and the Beneficiary Client for the provision of the Guaranteed Payments Banking Service, the Bank shall provide the Banking Service to the Recipient Client in the manner and under the conditions provided for in clause 5.6 of the Agreement. The procedure for concluding an Application between the Bank and the Beneficiary Client for the provision of the Guaranteed Payments Banking Service is defined in clause 5.6.1.2.2 hereof. 5.
Procedure for connection to the Banking Service. 5.6.1.2.1. In order to receive the Banking Service by the Beneficiary Client, the Beneficiary Client submits to the Bank a written Application for the Guaranteed Payment Banking Service, signed by the authorized persons of the Beneficiary Client and with the affixed seal of the Beneficiary Client (if any). 5.
Procedure for connection to the Banking Service. 5.6.1.2.1. In order for the Beneficiary Client to receive the Banking Service, the relevant Agreement on Guaranteed Payments or the Application for Provision of the Banking Service “Guaranteed Payments” shall be concluded between the Bank and the Beneficiary Client” In the circumstances of concluding a Guaranteed Payments Agreement between the Bank and the Beneficiary Client, the Bank shall provide the Banking Service to the Beneficiary Client in the manner and under the conditions stipulated by the Guaranteed Payments Agreement. In the circumstances of concluding an Application between the Bank and the Beneficiary Client for the provision of the Guaranteed Payments Banking Service, the Bank shall provide the Banking Service to the Recipient Client in the manner and under the conditions provided for in clause 5.6 of the Agreement. The procedure for concluding an Application between the Bank and the Beneficiary Client for the provision of the Guaranteed Payments Banking Service is defined in clause 5.6.1.2.2 hereof. 5.6.1.2.2. In order to receive the Banking Service by the Beneficiary Client in accordance with this Agreement, the Beneficiary Client submits to the Bank a written Application for provision of the Guaranteed Payments Banking Service, signed by the authorized persons of the Beneficiary Client and sealed by the Beneficiary Client. Upon receipt by the Bank of the Application for Provision of the Guaranteed Payments Banking Service from the Beneficiary Client, the Bank shall consider it and may either approve such Application for the provision of the Guaranteed Payments Banking Service or, at its own discretion, not to accept such Application for the provision of the Guaranteed Payments Banking Service for execution. Approval of the Application for the provision of the Guaranteed Payments Banking Service submitted by the Recipient Client shall be carried out by the Bank by signing it by the authorized representatives of the Bank. 5.6.1.2.3. In case and after the Bank approves the Beneficiary Client's Application for the Guaranteed Payment Banking Service or conluding between the Bank and the Beneficiary Client Guaranteed Payments Agreement, the Beneficiary Client is entitled to initiate, via the Client-Bank System or in writing, the connection of the Payer Clients, with which the Client has been cooperating (has been in a contractual relationship) for at least the last 6 (six) calendar months, to the Banking Service by the Bank: - creating relevant...

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