A. TERMS / SCOPE
Please read this page carefully. It provides important information about your Chibueze Microfinance Bank account(s).
The information contained here, along with any further instructions or conditions provided by the Bank from time to time, constitutes the terms of agreement between the customer and Chibueze Microfinance Bank Ltd.
By signing the application form, you agree to be bound by these terms and any associated local conditions or future amendments.
These conditions apply to every account opened under the Account Opening Form or through any other legally accepted means. Local conditions specific to certain countries or territories may supplement or amend these conditions and will be made available by the Bank. Where any conflict arises, local conditions take precedence over these terms, and specific service or product agreements take precedence over both.
You also agree to provide the Bank with all required documents or information regarding any account or service.
B. THE ACCOUNT
- The customer is fully responsible for the authenticity, correctness, and legal validity of all endorsements, orders, negotiable instruments, receipts, or other payment instructions deposited into the account.
- The Bank shall not be liable for loss of funds resulting from governmental actions, levies, embargoes, moratoriums, foreign exchange restrictions, or other factors beyond its control.
- Service charges determined by the Bank from time to time will be debited from your account.
- All notices or correspondence from the Bank will be sent to the physical, postal, or email address you have provided. These shall be considered received upon delivery or within seven (7) days of posting.
- The Bank will not be responsible for funds handed over to staff members who are not designated Cashiers or Tellers within the Bank premises and without an official deposit slip.
- Any discrepancy or anomaly in your account statement must be reported within 30 days of the statement date. Failure to do so releases the Bank from any liability concerning such discrepancies.
By maintaining an account with Chibueze Microfinance Bank, you acknowledge and accept the terms outlined above.