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Ocbc premier banking fixed deposit rate12/5/2023 "CTS" means the image based systems, processes and procedures for the electronic clearing and archival of, inter alia, CTS Items and known as "Cheque Truncation System". "Customer" refers to an Account holder with the Bank whether alone or jointly with any other person. "Card" refers to the Card issued by the Bank which enables the Customer to access the Account(s) to which the Card is linked. "Business Day" means any day on which banks in Singapore and (if applicable) the country of the currency of the deposits are opened for business other than Saturdays, Sundays, and gazetted public holidays. "Bank" refers to Oversea-Chinese Banking Corporation Limited and shall include its successors and assigns. "Account" refers to such account(s) which the Customer may have with the Bank whether alone or jointly with any other person(s) and includes savings account, current account, time deposits, structured deposits and any other type of account which may be offered by the Bank from time to time. Additional Terms and Conditions Applicable to Cheque Truncationġ.1 In these Terms and Conditions, except to the extent that the context requires otherwise, the following terms shall have the following respective meanings:.Combining of Accounts, Set-Off and Security Rights.Payments to the Bank and Right to Debit. Terms and Conditions Governing Deposit Accounts
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