I/We agree that this account(s) shall be operated solely at the discretion of The Co-operative Bank of Kenya Limited (“the Bank”) and hereby agree to indemnify the Bank at my/our cost against any loss of claims howsoever arising out of the account being closed by the Bank without notice due to unsatisfactory performance or due to any breach of disclosure requirements mandatory under any written laws or regulatory requirements to which the Bank shall now or subsequently be subject either under municipal or international law. Specifically, I/We confirm having read and understood and confirm having accepted by signing here under to be bound by the strict and mandatory Disclosure requirements and standards set out in the Foreign Account Tax Compliance Act to which the Bank is subject. I/We further confirm having read and understood the general terms and conditions a copy of which has been availed to me/us this day
I/We also, by signing below, hereby confirm having read and understood and issued to the Bank the indemnity in the terms provided to me and which I/We confirm having received and read and understood the terms of the indemnity on the aforementioned date.
I/We also confirm and accept that the Terms and Conditions and the terms of the Indemnity (together ‘Terms”) may be amended by the Bank and any such amended Terms are available on the Bank’s website www.co-opbank.co.ke or such other website as the Bank may designate as its official website from time to time.
*Terms and conditions apply