Personal Account Opening - Application Form - New - PDF 2019
Personal Account Opening - Application Form - New - PDF 2019
Personal Account Opening - Application Form - New - PDF 2019
Joint Account
Nationality:
Malawian Non Malawian (state nationality) ........................................................ (If USA complete FATCA Form)
C. Occupation details
Employer's Business:.................................................................................................................................................................................
D. Contact Details
Physical Address:.......................................................................................................................................................................................
Postal Address:..........................................................................................................................................................................................
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Personal Account Opening Application Form
Name Type of Relation Occupation NBM Account Number (If available) Telephone No.
1.
2.
3.
F. Identification Details
Other:.........................................................................................................................................................................
Property Owned
1.
2.
3.
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I. ELECTRONIC PRODUCTS AND SERVICES
Funds Transfer ((Within NBM and Other Local Banks) MRA Tax Payment
If approved:
If approved:
If approved:
If approved:
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Personal Account Opening Application Form
Page 4 of 7
8. Credit Record Mo626ice/Digital
8.1 We may make enquiries about your credit
record with any credit reference agency The Service
or any other party, where available. 1.1 The service is designed to allow National
Bank of Malawi customers to enquire
8.2 We may provide credit reference balances, transactions, top up mobile
agencies with regular updates regarding phone units, inform user of transaction
the conduct of your account including movement in accounts and various other
any failure on your part to meet these facilities related to the product as will be
terms and conditions, where agencies are introduced from time to time.
present.
1.2 The customer shall follow National Bank of
9. Confidentiality Malawi Security procedures at all times to
9.1 We will treat your personal information as avoid unauthorized access to the National
private and confidential (even when you Bank of Malawi login information.
are no longer a customer). Nothing about 1.3 National Bank of Malawi does not guarantee
your accounts nor your name and address that the service or the use thereof by the
will be disclosed to anyone, rather than in customer will be uninterrupted.
four exceptional circumstances permitted
by the applicable law. These are: 2. Termination
• Where we are legally compelled to do so; 2.1 National Bank of Malawi shall cease to
• Where it is in the public interest to disclose; provide the Service to the customer if the
• Where our interest require disclosure customer ceases to be a National Bank
(This will not be used as a reason for of Malawi customer or otherwise ceases
disclosing information about you or your to utilize the system for any reason or
accounts, including companies in our National Bank of Malawi reasonably
group for marketing purposes). believes that the Service is not of value
• Where disclosure is made at your request to a customer who has not used it for
or with your written consent. a period of at least 3 months. National
Bank of Malawi may also cease to provide
10. General the service where the customer uses the
10.1 We may check by reference to third service for fraudulent purposes or commits
parties the correctness of details given in gross negligence in the operation of the
the application form you have completed service.
for opening of the account. 2.2 This agreement may be amended to
10.2 You may not transfer the account into the include a development in, or to reflect a
name of another person. change in the law including any code of
10.3 You must notify us immediately if practice (or the way in which they are
you are placed under receivership or applied) or to correct a mistake.
sequestration or placed under any other 2.3 National Bank of Malawi shall inform
form of insolvency or legal disability. the customer of any change by sending
10.4 You must notify us immediately of any an e-mail, separate written notice or by
change in any of the details you provided advertising on its broadcast.
us when you opened the account. 2.4 National Bank of Malawi shall give at
10.5 We reserve the right to amend these terms least one month’s prior notice for any
and conditions and will give you notice thereof amendment to this Agreement.
in writing.
3. Disclaimer
3.1 National Bank of Malawi shall not be liable
Page 5 of 7
for any losses the customer may suffer on National Bank of Malawi’s procedures.
any Account if the Account is subject to The customer hereby agrees to provide
unauthorized access or an unauthorized National Bank of Malawi with all the
transaction unless that unauthorized assistance, technical or otherwise, which
access or unauthorized transaction is National Bank of Malawi may need in the
caused by the Bank’s negligence. said investigation.
3.2 Should the customer believe that there
has been any unauthorized access or 4. Governing Law
any unauthorized transaction affecting This agreement shall be governed by the
their account, the customer shall inform Laws of Malawi and the parties here to
National Bank of Malawi immediately by consent to exclusive jurisdiction of the
phone followed by written confirmation Malawi courts in all matters regarding it.
and provide the Bank with reasonable
assistance to investigate the position in
accordance with
I/We agree to all the foregoing information and all the above Terms and Conditions for all the products.
I/We,.........................................................................................................................................
declare that the information I/We have given is true and I/We will be liable for any information or part
thereof, which is false. I/We understand that in the event of the discovery that the given information
is false: the Bank will be justified to close the account and report the same to relevant authorities
without giving notice whatsoever.
I/We,...........................................................................................................................................
declare that I/We have understood all the terms and conditions herein.
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Personal Account Opening Application Form
A/C No.:.................................................................
Account Mandates
Savings Joint Account NBM M6
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Personal Account Opening Application Form
Service Centre:……………………………………………..........................................................................……………..............................……….
Date :………………………………………………......................................................................................................................…………………..
…………...……………………………………………………………………………………………………………………………………………………
Hereby appoint you our Bankers and authorize and request you to open an account in our joint names to be called …………….……………
…..................................……………………………………….…………………………………………………………………………………….… and
1. To honour and comply with all cheques drafts bills of exchange promissory notes acceptances negotiable instruments and orders
expressed to be drawn accepted made or given by
*either
Both
Any one or more
All of us
And to debit the
Same to such banking account whether the banking account is overdrawn or any overdraft increased by any payment thereof or
in relation thereto or is in credit otherwise but without prejudice to your right to refuse to allow any overdraft or increase of overdraft
and for any balance on the said account which may become due to you at any time we agree to be jointly and severally liable and
that in the event of the death of anyone or more of us we agree the survivor(s) shall have full control of all monies then and
thereafter standing to the credit of the said account and of all securities and articles deposited with you in our joint names.
2. To honour and comply with all instructions to deliver or dispose of any securities or documents or property held by you on our
behalf; to hold us liable on all agreements and indemnities in connection with the issue of letters of credit, drafts and telegraphic
transfers and with all banking transactions.
NBM M3
3. To treat all cheques drafts bills of exchange promissory notes acceptances negotiable instruments and orders as being endorsed on
our behalf and to discount or otherwise deal with them provided such endorsements purport to be signed by
*either
Both
Anyone or more
All of us
4. To permit
* either
Both
Any one or more
All of us to negotiate for and take advances by way of loans overdrafts discount or otherwise with or without security and pledge any
species of security for repayment of such advances
5. Subject to any specific instructions to you to the contrary all payments and remittances received by you from time to time in the
name(s) or for the credit of either or any one or more of us shall (unless there shall be at your same branch an account in such
name(s) to which such payments and remittances shall be credited) be placed by you to the credit of such joint account.
In the event of the said account becoming overdrawn at any time we hereby agree that you shall be entitled to charge compound
interest on the sum by which the said account is overdrawn calculated on daily balances with monthly rests and that the rate of
interest charged from time to time shall be at your sole discretion above the minimum commercial rate in force at that time. You shall
not be bound to notify us in advance of any change in the rate of interest but on receipt of a written request from us you shall be
obliged to specify the rate of interest being charged at the time of such request.
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Personal Account Opening Application Form
6. To hold on the death of either both/any one or more of us any credit balance(s) on any account or accounts in our joint names nay
any securities deeds boxes and parcels and their contents and property of any description held in our joint names to the order of the
survivor/s without prejudice to any right you may have in respect of such balance securities etc. arising out of any lien charge pledge
set-off counterclaim or otherwise whatsoever or to any step which you may deem it desirable to take in view of any claim by any
person other than the survivor
We declare ourselves jointly and severally liable on all the foregoing transactions.
In the absence of contrary written instructions signed by either/both/any one or more/all of us the foregoing conditions shall apply to
each and every account of whatever nature now or hereafter opened by you in our joint names
Signed By:
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Personal Account Opening Application Form
Date :………………………………………………......................................................................................................................…………………..
We request you to open a joint savings account subject to the regulations relating to Savings Accounts for the time being in force, in the
names(s) of ………………………………………………………………………………………………
…………………………………………………………………………………………………………………………...…………
and we authorize you to permit withdrawals by any one of us of any amount, whether principal or interest, which may be standing to our joint
credit on such account.
We further authorize and request that subject to any specific instructions to you to the contrary all payments and remittances received by
you from time to time in the names(s) or for the credit of ether or any one or more of us shall (unless there shall be at your same branch an
account in such names(s) to which such payments are remittances shall be credited) be placed by you to the credit of such joint account.
This authority is to remain in force until any one of us shall have expressly revoked it by a notice in writing delivered to you at the above
mentioned branch; and it shall not be revoked by the death of any one or more of us whereafter the signature of the survivor or survivors may
be accepted as a sufficient discharge for any balance on this account or any part of such balance.
Signed By:
NBM-M6
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Personal Account Opening Application Form
*(b) To encash or place to credit of my/our banking account(s) al such cheques, Drafts, Promissory Notes, Bills of Exchange, Money
Orders, Postal Orders and Fixed Deposit Receipts and to delay with the proceeds as he/she/may this fit.
*(e) To endorse for the credit of my/our Savings/Deposit Account, Cheques, Drafts and Promissory
Notes, Bills of Exchange and to discharge Money Orders, Postal orders and Fixed Deposit Receipts on my/our behalf, and I/we
declare that………........................…………................................................................................................…………………………………
Has/have my /our authority to encash or place to credit of my /our Savings/Deposit Account all such Cheques,
Promissory Notes, Bills of Exchange, Money Orders, Postal orders and Fixed Deposit Receipts, and /or to deal with the proceeds
thereof as …………...................................…………………………..may fit.
*(f) To sign the Bank’s Certificate showing the balance or state of my/our Savings Deposit Account at any time
*(h) To negotiate for and take Discounts and Loans for any sum with or without security, on my /our Account and upon such terms as you
may require, and to pledge or deposit any species of security for repayment of such Discounts or loans; to establish credits; and to give
discharge for any boxes, parcels, bonds, deeds, stock, shares, money or security in your custody or standing at any time in your books;
and generally, in all dealings san transactions between me/us and you. To act ad fully and effectually for all intents and purposes an i/we
could if personally present and acting in the matters and transactions aforesaid; for all which this shall be a full and sufficient authority,
to you , your Managers, Clerks and Officers and in the case of the dissolution of our partnership, as to
all matters and things which , after such dissolution, the said (name)…………………………………………….…….shall do or purport
to do by virtue or in pursuance hereof, I/we engage that (so far as you are interested or concerned) such acts of the said (name)
………………………………………………………….shall be binding upon us and each of us, and all other persons claiming form or
under us, or either of us, unless notice in writing o such dissolution, by some party entitled to give the same, shall have been previously
received by you
Delegatee………..........................................…………………………….Signature…………………………………......................……………
Witness(banker) ……………................………….............................…..Signature………...................................………................………..
* Delete if inapplicable.
# The reminder of the form should be deleted if the authority is being given by an individuals who are not partners
NB All deletions must be initialed by witness as well as the signatory
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Personal Account Opening Application Form
.........................................................................................................................................................................................
ON CONDITION THAT, until such time as he said minor attains the age of ………………...years , namely The
……………...day of ……………………
My signature alone shall be accepted and be valid in respect of all operations on the account above mentioned, after
which date the said minor shall be entitled to pay in and draw out monies then and thereafter standing to his/her credit
and to close the account should he/she so desire, and I hereby approve of anything that may be done by the said minor
or by the Bank by virtue hereof.
(Sign here)……………………………………………………………….
NBM M9 (1995)
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