ICBC
E-banking Corporate Client Service Agreement
Party A: ________________________________________________
Party B: ICBC____________
To specify the rights
and obligations of both parties and standardize the business behaviors
of both parties, Party A and Party B reach the following agreement
with respect to E-banking under the mutual benefit principle.
Article I Definitions
The following terms have the meaning specified in the agreement.
"E-banking"
refers to the virtual bank providing clients with self-service
financial service through network and electronic terminals. ICBC
E-banking provides clients with inquiry, account transfer, financing
and payment and settlement through telephone banking, Internet
banking and mobile phone banking.
"Client certificate"
refers to the electronic document storing client's identity mark
and making digital signature on the E-banking trading information
sent by clients
"Enterprises"
refers to enterprises and undertaking and other units opening
account in ICBC.
"Subsidiaries"
refers to the subsidiaries, branches, offices, sales offices,
representative offices or other related organs that Party A can
effectively control, dominate or manage in term of finance and
opening deposit and loan accounts In party B.
"E-banking business
instructions" refers to the requirements of inquiry and account
transfer sent to the bank through the network with client number
(card number), or client certificate and the related password.
"Power of Attorney
for Account Inquiry and Account Transfer" refers to the written
certification documents that Party A's subsidiaries authorize
Party B to provide Party A with their account information or meanwhile
authorize Party B to transfer funds from their account according
to the E-banking business instructions of Party A.
Article II Rights
and obligations of Party A
I. Rights
(I) Party A willingly applies to register the E-banking of Party
B and has right to enjoy different services under according to
different registered item with approval of Party B.
(II) Party A has right to inquire about eh account information
or transfer funds from the account of the subsidiaries through
E-banking channels who sign Power of Attorney for Account Inquiry
and Account Transfer and according to the authorization of the
subsidiaries.
(III) Party A has right to cancel the E-banking within the registration
term.
(IV) When the agreement is terminated or suspended within the
service term, Party A doesn't have to return the
client certificate and the card reader.
(V) If Party A has question, suggestion and advices on the E-banking
of Party B, it can make consultancy and complaint by dialing 95588,
or accessing Party B's website or going to the business offices
of Party B.
II. Obligations
(I) Party B must abide by ICBC E-banking Regulations when
dealing with E-banking businesses.
(II) Party A shall provide related materials and fill in related
application form and seal the reserved bank seals. Party A shall
guarantee the authenticity, correctness, and completeness of the
application filled and materials provided when registering, canceling
and modifying the E-banking.
(III) When Party A receives client certificate, Party A shall
confirm and return the Receiving Slip of Corporate
Internet Banking Client Certificate and notice the bank to defreeze
the client certificate.
(IV) Party A must appoint a person to properly keep and use client
number (card number) password, and client certificate, and must
not let other use them and the appointed personal should take
the full responsibility for operation with client number (card
number) password, and client certificate.
(V) If the Party A's client certificate is damaged, locked, lost
or the password is disclosed when using the E-bankings, it should
go through the replacement, unlock, loss reporting or password
resetting in the business offices in time. Before completing the
procedures, Party B shall take the responsibilities for the consequences
caused.
(VI) When Party A uses the E-banking, if the provided materials
need altering, as adding (canceling) subsidiaries, adding (canceling)
account number, altering the opening account, account number of
account name of the subsidiaries, Party A should go through the
related procedures in time. Before completing the procedures,
Party A shall take the responsibilities for the consequences caused.
(VII) If Party A finds error in processing of E-banking business
instructions by Party B, it should promptly notice the Party B.
(VIII) When using Party B's E-banking, Party A shall pay various
fees in accordance with the charge standards of ICBC E-banking
business and agree Party B to actively deduct and collect from
the account of Party A.
(IX) Party A must not refuse making payment to Party B on account
of disputes with a third party.
(X) Party A shall not intentionally defame and damage Party B's
reputation or hostilely accuse Party B's E-banking.
(XI) When Party A deals with E-banking businesses, if the service
functions used involves in other business regulations or rules,
Party A should abide by them as well.
Article III Rights
and obligations of Party B
I. Rights
(I) Party B has right to decide whether to accept Party A's registration
application according to Party A's credit standing.
(II) Party B has right to specify the charge standards of the
E-banking businesses and publicize them on the website and in
the business offices. The charge standards are subject to change
without prior notice.
(III) Party B has right to upgrade and rebuild the E-banking system.
(IV) With respect to untimely payment, non-compliance of related
business regulations or ill-intentional operation, defaming, and
damage of Party B's reputation, Party A has right to solely terminate
providing E-banking to Party A and reserves the right to claim
Party A's responsibilities.
(V) If some subsidiaries of Party A have listed but not signed
Power of Attorney for Account Inquiry and Account Transfer in
the related application form, party B shall not be responsible
for providing Party A with unauthorized E-bankings.
(VI) Party B shall deal with businesses according to Party A's
E-banking business instruction and the time making account transfer
should follow the processing time in Party B's E-banking system.
All the operations made with Party A's client number (card number),
password and client certificate are deemed as acting by Party
A. The electronic information record produced from the operations
is the valid documents that Party B deals with E-banking businesses.
(VII) Party B shall not take the responsibilities for failure
in correct operation of E-banking business instruction submitted
by Party A in one of the following cases.
1. Party B receives unclear instructions with mistaken and incomplete
codes.
2. The account deposit balance or the credit amount of the Party
A is not enough.
3. The funds in Party A's account is frozen or deducted.
4. Party A fails to make correct operation in accordance with
Party B's related business regulations.
5. The responsibilities caused by force majeure or non Party B's
faults.
(VIII) Party B shall not return the related fees paid to Party
A when the agreement is terminated or suspended during the valid
term.
II. Obligations
(I) Party B takes responsibility for the legality of the related
software used in the E-banking.
(II) Party B takes responsibility for timely registration of E-banking
for Party A and provides related E-bankings according to Party
A's registration functions.
(III) Party B is responsible for providing Party A with consultancy
on E-bankings and publicizing introductions of functions, questions
and answers and trading rules, etc, on the Party B's website.
(IV) Party B is reliable for the confidential of the application
materials and other information related to party A, unless otherwise
specified by laws and regulations.
(V) After Party B approves Party A's application, Party B should
promptly provide Party A with the clients certificate and password
and guarantee the client certificate to be in the frozen state
before the providing.
(VI) Under the normal conditions of Party B's E-banking and funds
settlement system, Party B is responsible for timely and correctly
processing the E-banking business instructions sent by Party A.
Party B provides the following services.
1. 24-hour Internet inquiry service.
2. Real time processing the Intra-city payment instructions within
the system sent by Party A and realized real time account arriving.
3. Real time processing the Inter-city urgent payment instructions
within the system sent by Party A and realizing account arriving
within 2 hours. And processing the common instructions on the
day and realizing account arriving before the next day.
4. Processing the intra-city/inter-city payment instructions out
of the system sent by Party according to the related regulations
of People's Bank of China.
(VII) Party B shall immediately make a survey and notify the Party
A of the survey result promptly if Party B receives the problems
set forth by the party A with respect to E-banking businesses.
(VIII) In case of delayed payment and settlement resulted from
negligence, Party B should make the compensation according to
related regulations of "Payment and Settlement Measures"
of People's Bank of China.
Article IV Applicable
legal terms
Laws of P.R.C are applicable for the construction, effect, performance
and interpretation of the agreement. The generally-accepted financial
practices are applicable to the terms not specified by laws.
The agreement is the
supplement to the existing agreement and the arrangement of the
Party B, instead of the substitution agreement. In case of discrepancies
between the agreement and other exiting agreement and arrangement
with respect to E-banking businesses, the agreement prevails.
Article V Settlement
of disputes
The disputes arisen with connection to the performance of the
agreement should be resolved through negotiation. If the disputes
are not settled through negotiation, either party can submit arbitration
in ____________ arbitration organization.
Article VI Modification
and termination of the agreement
Addressing the system upgrading and function updating, Party B
reserves the right to modify the agreement and its terms. The
agreement and its term are subject to change without prior notice
to Party A.
The E-banking provided
by Party B is restricted by the state of Party A's registered
account. If the account can't be used because of loss reporting,
stop payment or account cancellation, the related service will
be automatically suspended. When the state of Party A's card (account)
resumes to be normal, Party B will provide the related service
again.
The agreement is terminated
when Party A completes the cancellation procedures of the Party
B's E-banking.
In case of Party A's
breach of the agreement or other business regulations of Party
B, Party B has right to suspend or terminate the agreement. The
termination of the agreement doesn't means the cancellation of
the uncompleted trading instruction occurred before the termination
nor eliminates any legal consequences brought by the trading before
the termination.
Article VII Effect
and operation of the agreement
The null or void of any terms of the agreement for any reason
shall not affect the effect of other terms of the agreement.
The agreement comes
into effect upon Party B providing client certificate and the
password to Party A.
Party
A's legal representative's (authorized representative) seals
and signature:
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Enterprise
official seal: Party B (bank signature and seal):
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Date
(MM/DD/YY):
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Date
(MM/DD/YY):
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