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Current Position:HOMENotification

Notification

August 7. 2020

Partial Revision to the Seven Bank Account Terms and Conditions

The Seven Bank Account Terms and Conditions have been partially revised as follows.

【Terms and conditions revised】
  • Account Linking Service Terms and Conditions
  • Automatic Payment Service Terms and Conditions
【Date of revision】

Aug.21.2020

■Account Linking Service Terms and Conditions

【comparison table】

Before

After

Article 3 (Relationship with External Service Provider)
1. If the customer performs the authentication procedure prescribed in Article 2, Paragraph 1, the Bank provides the external service provider with the information that the customer has approved from among the following items of information, only to the extent that the external service provider requires such information in order to provide the linked service. The external service provider may provide the information that it has thus acquired to the linked third party service provider:
(1) information concerning the balance of the customer's account (ordinary deposit/time deposit/credit card loans);
(2) information concerning the statement of the customer's account (ordinary deposit/time deposit/credit card loans); and
(3) information concerning the customer's registered transferees.
2. If the customer performs the authentication procedure prescribed in Article 2, Paragraph 1 in the Account Linking Service, the customer may give an instruction to the Bank to conduct a transaction that the customer has approved from among the following transactions:
(1) domestic money transfer;

Article 3 (Relationship with External Service Provider)
1. If the customer performs the authentication procedure prescribed in Article 2, Paragraph 1, the Bank provides the external service provider with the information that the customer has approved from among the following items of information, only to the extent that the external service provider requires such information in order to provide the linked service. The external service provider may provide the information that it has thus acquired to the linked third party service provider:
(1) information concerning the balance of the customer's account (ordinary deposit/time deposit/credit card loans);
(2) information concerning the statement of the customer's account (ordinary deposit/time deposit/credit card loans); and
(3) information concerning the customer's registered transferees.
2. If the customer performs the authentication procedure prescribed in Article 2, Paragraph 1 in the Account Linking Service, the customer may give an instruction to the Bank to conduct a transaction that the customer has approved from among the following transactions:
(1) domestic money transfer;
(2) application for Automatic Payment Service
(3) fund transfer based on Automatic Payment Contract

Account Linking Service Terms and Conditions

■Automatic Payment Service Terms and Conditions

【comparison table】

Before

After

(New addition)

Article 3 (Account Linking Service)
1. The maximum amount that can be used for direct debit using the Account Linking Service per day will be the amount specified by the Bank. The limit is the sum of all receiving companies.
2. The Bank may change the daily usage limit in the preceding paragraph by the Bank without prior notice to the customer.

Automatic Payment Service Terms and Conditions

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