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The Cash Management Agreement is a crucial document used when establishing a formal relationship between a bank and a corporate client for comprehensive cash management services in the Philippines. It is typically implemented when a business requires sophisticated banking services to manage its cash flows, including but not limited to account management, liquidity management, collection and payment services, and electronic banking facilities. The agreement must comply with Philippine banking regulations, particularly those issued by the Bangko Sentral ng Pilipinas (BSP), and includes detailed provisions for service delivery, security measures, fee structures, and operational procedures. This document is essential for businesses operating in the Philippines that need to optimize their cash management processes while ensuring regulatory compliance and maintaining proper financial controls.

1. Parties: Identification of the bank and the client entity, including their complete legal names, addresses, and registration details

2. Background: Context of the agreement, brief description of the parties' business relationship, and purpose of the cash management services

3. Definitions: Detailed definitions of terms used throughout the agreement, including technical banking terms and service-specific terminology

4. Scope of Services: Comprehensive outline of the cash management services to be provided by the bank

5. Account Operations: Rules and procedures for operating the accounts, including authorized signatories and transaction requirements

6. Service Requirements: Technical and operational requirements for accessing and utilizing the cash management services

7. Security Procedures: Security protocols, authentication methods, and safeguards for protecting transactions and access

8. Fees and Charges: Detailed fee structure, payment terms, and billing procedures

9. Representations and Warranties: Standard representations and warranties from both parties

10. Obligations and Responsibilities: Specific duties and responsibilities of both the bank and the client

11. Anti-Money Laundering Compliance: Compliance requirements under Philippine AML laws and related regulations

12. Confidentiality: Provisions for protecting confidential information and data privacy

13. Limitation of Liability: Extent and limitations of the bank's liability for various scenarios

14. Force Majeure: Provisions for unforeseen circumstances and their impact on services

15. Term and Termination: Duration of the agreement and conditions for termination

16. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes

17. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability