Standard Chartered Form NEFT-2A

Sir I am looking for the standard chartered NEFT form so can you please give me the same

[Pathak]

Hey buddy below I have given you the form for the NEFT for the Standard Chartered Bank you can download it easily



Terms Used in the form

i) “Customer” means the person named here-in above who has executed this Agreement

ii) “Bank” means Standard Chartered Bank

iii) “NEFT Facility” means the Electronic Funds Transfer Facility through the RBI NEFT System.

iv) “Security Procedure” means a procedure established by agreement between the bank and the customer for the purpose of verifying that the payment order or communication amending or canceling a payment order transmitted electronically is that of the customer or for detecting error in the transmission for the content of the payment order or communication.

v) Words or expressions used in this Agreement, but not specifically defined herein shall have the respective meanings assigned to them in the RBI NEFT
Regulations,
2005.


Agreement details

1) This Agreement shall govern every payment order issued by the customer during the period of validity of the Agreement.

2) This Agreement shall be in addition to and not in derogation of the RBI NEFT Regulations, 2005. The customer has gone through the understood the RBI (N
EFTSystem) Regulations, 2005 and agrees that the rights and obligations provided therein in so far as it relates to the originator shall be binding on him/
it regard to every

3) The customer understands and agrees that nothing in this Agreement shall be construed as creating any contractual or other rights against the Reserve Bank or any
participant in the NEFT System other than the bank.


1) This Agreement shall come into force as soon as a security procedure is established
by mutual agreement between the bank and the customer.

2) The Agreement shall remain valid until it is replaced by another agreement or
terminated by either party or the account is closed whichever is earlier.

3) Either party to this Agreement may terminate this Agreement by giving one month’s notice in writing to the other party. Notwithstanding the termination of the

Agreement the parties to the agreement shall be bound by all transactions between them in regard to NEFT Facility availed of by the customer, before the termination of the Agreement.

standard chartered NEFT form