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Notice of Agreement Revision

작성자
Shinhan Canada
작성일
2019-08-23 16:15
조회
36
Shinhan Bank Canada has revised its Banking Agreement and other agreements (see below) in an effort to better serve your needs. The revision is effective from October 24, 2019, and the revised agreements are available on our website from the effective date.

The Bank reserves the right to make additional changes on this revised terms.

Summary of Key Changes

1. Personal Banking Agreement - Revision
In alignment with current practice of the Bank, the Personal Banking Agreement has been revised. Products and services that are no longer available have been eliminated.

2. Personal Cardholder Agreement – Revision
As new feature of the new debit card that the Bank provides, such as Interac Flash, is added, the Cardholder Agreement has been updated.

3. Online Banking Agreement – Revision
Unnecessary or unclear parts were eliminated and the new agreement has been modified.

4. Electronic Communication Agreement – New
To activate electronic communication with the customers effective and to comply with relevant Regulations, Electronic Communication Agreement has been drafted and provided to the customers who choose to communicate with the Bank through electronic means.

5. Joint Account Agreement – Revision
The revised Joint Account Agreement eliminates the choice of right of survivorship and makes every joint account with right of survivorship.

6. Power of Attorney (for Ontario only) – Revision
The scope of the current Power of Attorney has been covering has been narrowed down, and other standard sections have been enhanced.