Terms & Conditions - Baiduri Bank
Terms & Conditions - Baiduri Bank
Terms & Conditions - Baiduri Bank
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16. The Customer warrants that all particulars given to the <strong>Bank</strong>/Finance are, to<br />
the best of the Customer’s knowledge, accurate and undertakes to notify<br />
the <strong>Bank</strong>/Finance of any changes thereto in writing.<br />
17. The Customer shall promptly notify the <strong>Bank</strong>/Finance in writing of any<br />
variation in the Customer’s signature or that of the authorized signatories,<br />
the authorized manner of signing or the signature requirements. The<br />
<strong>Bank</strong>/Finance shall be entitled to a reasonable period (of not less than<br />
seven (7) business days from receipt) to process such notification of<br />
change.<br />
18. All communications and notices from the Customer on any Account(s) shall<br />
be forwarded by the Customer to the branch of the <strong>Bank</strong>/Finance where the<br />
said Account(s) is domiciled unless otherwise specifically advised by the<br />
<strong>Bank</strong>/Finance. The <strong>Bank</strong>/Finance shall be entitled to a reasonable period of<br />
time at determined by the <strong>Bank</strong>/Finance to act on and process such<br />
communications and notices.<br />
19. The <strong>Bank</strong>/Finance may amend, add to, or delete any provision of these<br />
<strong>Terms</strong> and <strong>Conditions</strong> at its sole discretion, by posting notice of such<br />
changes in the bank hall of the <strong>Bank</strong>/Finance’s premises in Brunei<br />
Darussalam, or posting notice of such changes near its ATM machines in<br />
Brunei Darussalam, including but not limited to publication on the website,<br />
pamphlets and/or by any other reasonable means of notification of such<br />
changes, and the Customer shall be bound by such changes immediately<br />
upon such posting or notification. If such change is unacceptable, the<br />
Customer shall promptly discontinue operating the Account(s) and close the<br />
Account(s). Continuing with the operation of an account or service after<br />
posting or notification of any such change shall be deemed to be in<br />
agreement to such change in relation to that account and service.<br />
20. All communications to the Customer sent by ordinary post addressed to the<br />
latest correspondence address on record with the <strong>Bank</strong>/Finance shall be<br />
deemed to have been duly delivered to and received by the Customer within<br />
5 days from the date of posting.<br />
21. The <strong>Terms</strong> and <strong>Conditions</strong> herein shall be governed by and construed in<br />
accordance with the applicable laws of Brunei Darussalam. If so decided at<br />
the sole discretion of the <strong>Bank</strong>/Finance, the Customer will submit to any<br />
other jurisdiction outside of Brunei Darussalam.<br />
22. The rights remedies powers and privileges provided herein are cumulative<br />
and are not exclusive of any rights remedies powers and privileges provided<br />
by laws.<br />
<strong>Terms</strong> and conditions applicable for <strong>Baiduri</strong> <strong>Bank</strong> Berhad and <strong>Baiduri</strong> Finance Berhad