Common Contracts

1 similar Agreement on Banking Transactions for Legal Entities contracts

TBC Bank JSC proposes the following amendments (additions) to the Agreement on Banking Transactions for Legal Entities (hereinafter the “Agreement”) published on www.tbcbank.ge in compliance with Paragraph 8.5 thereof:
Agreement on Banking Transactions for Legal Entities • February 6th, 2023

„12.5.1.3 If a card operation(s)/transaction(s) is/are not accepted and/or adjustment of a card operation(s)/transaction(s) is requested, apply to the Bank in writing within 13 (thirteen) months of performance of an unauthorized operation (transaction/debiting of an account by the amount of operation/execution of incorrectly performed operation (“incorrectly performed operation ” is defined in line with the Georgian legislation) (transaction/debiting of an account by the amount of operation) unless the time limit hereunder is breached by the Customer/Card holder by objective reason(s)/beyond the Customer’s/Card holder’s control, and not due to unreasonable delay (the burden of proof lies with the Customer/Card holder). Though the Customer/Card holder fails to observe the time limit(s) set for the complaint, the Bank will spare no efforts to assist the Customer/Card holder in refunding the amounts transferred as a result of an unauthorized or incorrectly performed operation. The Custome