Transcription
CITIBANK ACCOUNTTERMS AND CONDITIONS(Effective 30 June 2022)WMP /Retail Bank T&C / Version 20 /20220630Citibank Berhad(Registration No. 199401011410(297089-M))
Table of ContentsPART A . 1DEFINITIONS AND TERMS APPLICABLE GENERALLY . 1DEFINITIONS . 1TERMS APPLICABLE GENERALLY . 11Customer Instructions . 11Deposits and Withdrawals . 16Deposits . 17Withdrawals . 18Checks . 18Collection of Checks . 19Bills of Exchange/ Promissory Notes . 20Funds Transfer . 20Stop Payment Instructions and Stop Payment Cancellation Instructions . 22Statements/ Confirmations. 24Individual/Joint Account(s) . 25In-Trust-For . 27Account(s) in the name of a company . 29Charges/Commissions . 29Interest (Not applicable to the Islamic Account(s)) . 30Suspension of Account(s) . 30Blocking of Accounts or Witholdings of Funds . 30Closing of Account(s) . 31Assignment/ Transfer . 33Overdraft Facilities . 34Payments to and from Citibank Berhad, Malaysia . 35Facilities . 36Set-Off and Account Combination . 38Exemption from Liability . 40Dealings with Citibank Berhad, Malaysia . 42Indemnity. 43Disclosure of Customer Information . 45Communication and Service of Documents and Change of Personal Details . 52Obligation . 56Payment Obligations . 56Application of other Terms . 58Waiver and Exercise of Rights . 58Rights Cumulative . 58Invalid or Unenforceable Provisions . 58Rules and Regulations of Regulatory Bodies . 58Governing Law and Jurisdiction . 59Headings . 59Privacy for Consumers at Citi . 59Modification of or Additional Service/Products . 59My Representation . 60Compliance with Laws . 61Complying with Court Orders and Directives . 61Amendment of terms and conditions . 61PART B. 63SERVICES . 63WMP /Retail Bank T&C / Version 20 /20220630i
Telephone Banking Service . 63Citibank Online Internet Banking ("Citibank Online") . 66Security Code for Citibank Online and Citi Mobile Service . 69Citibank Debit & ATM Card Service . 71International Debit & ATM Card Service . 85Citibank GIRO Service . 86Citigold and Citi Priority Membership Terms and Conditions . 89Citi Mobile Service Terms of Use . 90PART C . 95PRODUCTS . 95Savings Account (applicable to all types of Savings Account) . 95Citibank AcceleRate Savings Account (Protected by PIDM up to RM250,000 for each depositor) . 96Checking Account (applicable to all types of Checking Account) . 98Premium Checking Account (Protected by PIDM up to RM250,000 for each Depositor) . 100Citibank Step-Up Interest Account (Protected by PIDM up to RM250,000 for each Depositor) . 101Citibank Max Yield Account (Protected by PIDM up to RM250,000 for each Depositor) . 105Time Deposit . 108Islamic Account Terms and Conditions . 110Terms Applicable Generally . 110Savings Account-i (Protected by PIDM up to RM250,000 for each Depositor) . 112Checking Account-i (Protected by PIDM up to RM250,000 for each Depositor) . 112PART D . 114INVESTMENTS . 114Investment Terms and Conditions (applicable to all types of investments) . 114Application of Investment Terms. 114Customer Investment Profile . 114Risk Acknowledgement . 114Non Applicability of Compensation Fund set up under CMSA . 116United States Persons . 116United States Laws, etc . 117Settlement . 117Representations and Warranties . 118Affirmative Covenants. 122Off-setting Contracts . 122Termination of Contracts and Investment Accounts. 123Delivery . 125Investment Account . 125Nominee services . 129Investment Funds . 133Investment Decision/Indemnity and Request to Receive Information on Offshore Products and Services . 135Unit Trusts Account . 136Definitions . 136General . 137Transactions. 138Instructions . 139Statements. 141Investment Information . 141My Rights and Benefits as Investor. 142Investment Decision/Indemnity . 143Payments and Receipts . 144Safekeeping Services . 146Subscriptions/Redemptions . 147Right of Set-Off and Consolidation . 148WMP /Retail Bank T&C / Version 20 /20220630ii
Termination . 148Power to Delegate . 149Other Capacities . 150Taxes . 150Miscellaneous . 151Joint Account . 153In-Trust Account . 154Exclusion from Liability . 154Fees and Expenses . 155Funds Investment under EPF Plan . 155Dual Currency Account (Not protected by PIDM) . 156Definitions and Interpretation . 156Introduction to DCA . 158Subscription to Dual Currency Account . 158Confirmation Advice . 159Returns. 159Pre-termination and Partial Withdrawals . 160Adjustments . 161Termination of Contract . 161Maturity . 162Joint Account . 162Transfers and Assignments . 163Closure of the Settlement Account(s) . 163My Representation . 164My Indemnity to You . 165Investment Decision . 166Gold Account (Not protected by PIDM). 167Market Linked Investment Account . 171Definitions and Interpretation . 171Introduction . 174Subscription to Market Linked Investment . 175Confirmation Advice . 175Returns. 176Pre-termination and Partial Withdrawals . 176Adjustments . 178Termination of Contract . 178Maturity . 179Lien and Right of Set-off . 180Joint Account . 180Transfers and Assignments . 181Closure of Settlement Account . 181My Representation . 182My Indemnity to You . 183Investment Decision . 184Private Retirement Schemes. 185Definitions . 185General . 186Transactions. 186Instructions . 187Statements. 189Investment Information . 189My Rights and Benefits as Investor. 190Investment Decision/Indemnity . 190WMP /Retail Bank T&C / Version 20 /20220630iii
Payments and Receipts . 191Subscriptions/Redemptions . 192Termination . 192Power to Delegate . 193Other Capacities . 194Taxes . 194Miscellaneous . 195Exclusion from Liability . 196Fees and Expenses . 197Retail Bond Investments . 198Definitions
WMP /Retail Bank T&C / Version 20 /20220630 Citibank Berhad (Registration No. 199401011410 (297089-M)) CITIBANK ACCOUNT TERMS AND CONDITIONS
