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How is Bank Mandate defined in a legal contract?

• Bank Mandate means the written instructions provided by the customer to the bank, appointing the bank as the customer’s banker in a format that the bank chooses periodically.
  Seen in 7 SEC filings
• Bank Mandate means the bank mandate signed by the client when submitting the application.
  Seen in 5 SEC filings
• Bank Mandate means the agreed documentation regarding the opening and operation of a Project Bank Account.
  Seen in 4 SEC filings
• Bank Mandate means the resolutions, instructions, authorized representatives, and contacts related to an account, which can be amended from time to time.
  Seen in 3 SEC filings
• Bank Mandate means the resolutions, instructions, authorized representatives, and contacts related to a Trust Account, that can be changed as need be, with an effective amendment only after a period.
  Seen in 2 SEC filings
• Bank Mandate means the specific terms agreed between account owners and us.
  Seen in 2 SEC filings

Please note, definitions including agency, company, association, individual, location, region, country or organization were excluded as per the guidelines.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Bank Mandate means the written instructions given from the customer, appointing the bank as their own banker.

Relevant Contract Types

• Banking Services Agreement
• Loan Agreement
• Savings Account Contract
• Credit Card Agreement

Relevant Circumstances

• Opening a new account with a Bank
• Applying for a Credit Card
• Establishing a loan or credit line

Relevant Sectors

• Banking
• Finance
• Corporate

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Genie Definition 2

• Bank Mandate means the resolutions, instructions and contacts provided by an account holder that can be amended as required.

Relevant Contract Types

• Term Deposit Agreement
• Checking Account Agreement
• Investment Account Agreement

Relevant Circumstances

• Establishing an investment account
• Creating a new checking account
• Opening a term deposit account

Relevant Sectors

• Investment Banking
• Retail Banking
• Financial Services

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