Some words and expressions used in this agreement carry specific meanings which are as follows: |
'We'/ 'us'/ 'our'/ 'Bank' refer to "MCB", MCB Bank Limited, a banking company incorporated under the laws of the Islamic Republic of Pakistan, having its registered office at MCB Build-ing, F6/G6, Jinnah Avenue, Islamabad. |
'You'/ 'your' mean you, the customer, who is registered with us to use the MCB Internet Bank-ing Service |
Agreement | or "Terms and Conditions" mean this Agreement and the terms and conditions contained herein. |
Business Day | means any day on which the Bank is open to its customers / the public for any services. |
Eligible Account(s) | mean any and all current or saving deposit account(s) held by you with the Bank in which credits and debits may be affected by virtue of the Service and Accounts that you register with us |
to use the Service for. |
Joint Account | means accounts with operating instructions of either or survivor, where only primary account holder shall be eligible to register for internet banking service and operate the same |
MCB Internet Banking Service | or "Service" means MCB Internet Banking Services provided by us which enable you, through the Internet whether used via a computer, mobile phone browser or any other device |
whatsoever, to ac-cess your Eligible Account to the extent provided, to view and obtain information available with us, pay your credit card bills, make bill payments, add a beneficiary(ies) and give stand-ing instructions or affect transactions through your Eligible Account, as allowed by us or available through the Service. The bank reserves the right to link any & all accounts reside with the customer at any point in time. |
MCB Internet Banking Service Software | means any software supplied to you to enable you to access the MCB Internet Banking Ser-vice from time to time. |
Password | or "Security Code" means the Electronic Banking Personal Identification Code (secret word or combination of words, numbers and special characters used for identification) or secret code chosen by |
you that is used to confirm your identity, whenever you use the MCB Internet Banking Service. |
Statement | means bank statement for MCB Internet Banking Services or any service obtained by you from the Bank with reference to your Eligible Account(s), or any other or similar documenta-tion, as applicable, |
depending on the MCB Internet Banking Service or other services provid-ed by the Bank. |
Your System | means the equipment and software contained on such equipment used by you to access the MCB Internet Banking Service, including, without limitation, handheld devices such as mobile phones, smart |
phones, computers or other hardware. |
Viruses | has the meaning ascribed to it in section 6.2 below. |
1. The Accounts On Which You May Use The MCB Internet Banking Services |
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2. Your Responsibilities For Security |
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Safeguarding your Password |
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Other security safeguards |
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3. Your Authority To Us To Carry Out Instructions |
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Your liability for unauthorized instructions |
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Acting on your instructions |
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4. If You Hold Any Joint Accounts |
MCB Internet Banking service is available on joint accounts with operating instructions (either or survivor), where only pri-mary account holder is eligible to register for this service. |
5. Operating Times, Changes and Disruptions |
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6. MCB Internet Banking Service Software And Hardware |
Software compatibility: |
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Protecting against Viruses: |
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Access through third party MCB Internet Banking Services: |
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Ownership rights in connection with the MCB Internet Banking Service Software and other information: |
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7. The Extent of Our Liability for Your Loss or Damage |
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8. If You Breach A Term Of This Agreement |
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9. Ending Your Use Of The MCB Internet Banking Service |
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10. About Our Charges |
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11. Our Right To Make Changes To This Agreement |
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12. The Validity Of The Terms Of This Agreement |
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13. Communications Between Us |
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14. MCB Internet Banking Service Quality: Recording Your Calls And Instructions |
To protect both our customers and our staff, to help resolve any disputes between you and us and to ensure the quality of our services provided, you acknowledge and agree that: |
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15. Our Advertising |
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16. The Laws Governing This Agreement |
This Agreement is governed by the laws of Pakistan. Both parties agree to submit to the jurisdiction of the Pakistani Courts in connection with any dispute. This does not affect our right to pursue our remedies in the courts of any other jurisdiction which is appropriate. |