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    Company Information: Business Online Banking Solutions Form

    Uploaded by

    Maria Alvarez
    This document is a business online banking solutions form for a company. It contains information about the company and authorized representatives who will use the online banking services. It lists the available services like account balance inquiries, fund transfers between accounts, and transaction histories. It outlines the duties and responsibilities of both the company and bank regarding the use of online banking. The company must submit documentation defining user access and limits, while the bank will provide logins and notifications. Both parties are responsible for security and any issues beyond their control.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Company Information: Business Online Banking Solutions Form

    Uploaded by

    Maria Alvarez
    40 views1 page
    This document is a business online banking solutions form for a company. It contains information about the company and authorized representatives who will use the online banking services. It lists the available services like account balance inquiries, fund transfers between accounts, and transaction histories. It outlines the duties and responsibilities of both the company and bank regarding the use of online banking. The company must submit documentation defining user access and limits, while the bank will provide logins and notifications. Both parties are responsible for security and any issues beyond their control.

    Original Title

    BOB Solutions

    Copyright

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    This document is a business online banking solutions form for a company. It contains information about the company and authorized representatives who will use the online banking services. It lists the available services like account balance inquiries, fund transfers between accounts, and transaction histories. It outlines the duties and responsibilities of both the company and bank regarding the use of online banking. The company must submit documentation defining user access and limits, while the bank will provide logins and notifications. Both parties are responsible for security and any issues beyond their control.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    40 views1 page

    Company Information: Business Online Banking Solutions Form

    Uploaded by

    Maria Alvarez
    This document is a business online banking solutions form for a company. It contains information about the company and authorized representatives who will use the online banking services. It lists the available services like account balance inquiries, fund transfers between accounts, and transaction histories. It outlines the duties and responsibilities of both the company and bank regarding the use of online banking. The company must submit documentation defining user access and limits, while the bank will provide logins and notifications. Both parties are responsible for security and any issues beyond their control.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Business Online Banking Solutions Form

    Company Information Date

    Name

    Account Number

    Authorized Representative/s

    1 Name Contact No. E-Mail Address Signature

    2 Name Contact No. E-Mail Address Signature

    Business Online Banking Service Availments

    Account Information Balance Inquiry Transaction History

    Fund Transfer to BDO Accounts Own Other Party

    Other Services

    Client Authorized Signatories

    Signature over Printed Name Signature over Printed Name


    Name & Position, Date Name & Position, Date

    Bank Authorized Signatories

    Name & Position, Date Name & Position, Date

    Business Online Banking Terms and Conditions

    Duties and Responsibilities of the Company Duties and Responsibilities of the Bank
    1. The Company shall submit a Board Resolution (or its equivalent) containing an 1. BDO shall submit the initial username and corporate ID via the enrolled email account
    Authorization Matrix which defines the signing class and approval limits of its users. of the Company’s users.
    2. The Company shall assign an Authorized Representative who shall be responsible to 2. BDO shall only process transactions that fully comply with the Company’s
    enroll accounts and users, enroll additional accounts and users, disenroll accounts and Authorization Matrix.
    users, as well as change any other enrolled information through Business Online
    3. BDO shall only process transactions that comply with acceptable file formats agreed
    Banking’s (BOB) Administration module. Accounts shall include Owned accounts as
    upon by BDO and the Company’s authorized representatives.
    well as Other Party accounts.
    4. BDO shall submit automated notifications via email to concerned users of the
    3. The Company shall be responsible for duly informing the bank in writing for any
    Company for financial transactions submitted to the BOB facility. Users may opt to
    amendments in its availment of BOB. However, in case the change relates to the signing
    class or signing limits of User/s, the Company shall submit a notarized and certified
    Board Resolution or equivalent document, specifying the new signing class and/or
    signing limits. Any scheduled transaction approved before the requested amendment for any loss or damage in connection with transactions coursed through BOB under the
    shall still be valid unless cancelled in BOB by the Company. following conditions:
    4. The Company shall be responsible for providing safeguards and procedures necessary • Disruption, failure or delay relating to BOB due to circumstances beyond the control
    to satisfy its requirements for the safety of data received via BOB. This shall include the of BDO, fortuitous events like prolonged power outages, breakdown in computers
    confidentiality and security of the access credentials of its users. and communication facilities, typhoons, floods, public disturbances and calamities
    and similar or related cases.
    5.
    cover any of its transactions, immediate or scheduled, and that these accounts are • Inaccurate, incomplete or delayed information received by the Company due to
    active. disruption of any communication facility used by BDO’s BOB.
    6. The Company and its users shall be responsible for checking the status of their BOB 6. BDO may terminate or suspend the Company’s enrolment in BOB in the following
    transactions via logging on to the facility from time to time. cases:
    7. The Company shall be responsible in ensuring that its users carry out only legitimate • The Company has breached BDO terms and conditions.
    and lawful banking transactions via the BDO BOB facility. • BDO has learned that the Company has declared bankruptcy, insolvency, liquidation
    8. In case the BOB facility is unavailable, the Company shall perform its banking or other similar circumstances.
    transactions via other channels (e.g. thru its Branch of account) or wait for the • BDO believes that the Company’s enrolled accounts are being mishandled or that
    availability of the BOB facility. The company agrees that BDO cannot be held liable for the BOB facility is being used for any unlawful or illegal activity.
    the Company’s failure to use the BOB facility to process its banking transactions.
    9. In the event that the company wishes to terminate the use of the BOB facility, the
    Company shall submit a written request, duly signed by its Authorized representative.
    10. The Company acknowledges the right of BDO to terminate or suspend its BOB
    enrolment as stated in the Bank’s duties and responsibilities.

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