Company Registration Form

Payment Setup
Date / D D M M Y Y Y Y New / Amendment /

Company Information / Bank Use Only /

Group Name / Group Code /

Company Name / Company Code /

Business Address /

Contact Person (Details of company’s point of contact) /

Name /

Mobile Number / Contact Number /

Email Address / CNIC/Passport /

Account Information /
Product Offerings Authorization
Title of Account / Account Number /
Fund eBiz+ Corporate RTGS IBFT COC UBPS CBR COII Single Dual Triple
Transfer Cheque Cheques

Print Location Consumer Premises

(In case of Corp Cheque) Bank Premises

We hereby confirm that the information provided in this form is accurate and complete and we agree to notify Meezan Bank Limited of any changes herein.
We understand that the Terms and Conditions for Internet Banking Services form an integral part of this form/application. We hereby confirm having read
the Terms and Conditions for Internet Banking Services and provide our consent and acceptance to the same.

Authorized Signatory / Authorized Signatory /

Name / Name /

Date / Date /

Bank Use Only /

Customer application received and checked by /

Name / Designation /

Signature / Date /
 User Registration Form

Date / D D M M Y Y Y Y New / Amendment /

User Details /
For Bank use only /
Name /
User ID /
Designation /
OTP Token # /
CNIC/Passport /

Mobile Number / Department /

Email Address / Employee ID /

Profile Rights /
View Only / Cheque Printing User
Create Payments / Cheque Reprinting User
Checker /
Authorized Signatory / 1st Signatory / 2nd Signatory / 3rd Signatory /
Publisher /

Account Title / Account Number / Transaction Limit /

User Access Rights /

Account Detail / Real Time Gross Settlement (RTGS)

Fund Transfers (Meezan to Meezan) / Inter Bank Funds Transfer
Corporate Cheques / Cash Over Counter
eBiz+ Cheque (Pay Order) / Utility Bill Payment
Cheque Book Request Certificate of Islamic Investment

Signatures/

We hereby confirm that the information provided in this form is accurate and complete and we agree to notify Meezan Bank Limited of any changes herein.
We understand that the Terms and Conditions for Internet Banking Services form an integral part of this form/application. We hereby confirm having read
the Terms and Conditions for Internet Banking Services and provide our consent and acceptance to the same.

User / Authorized Signatory / Authorized Signatory /

Name / Name / Name /

Date / Date / Date /

Bank Use Only /

Maker / Maker /
Branch Manager/Operation Manager Branch Signature Verification Stamp
Checker / Checker /
The above signatures have been verified
 Terms and Conditions for Internet Banking Services

Payment System
1. DEFINITIONS
1.1 In these terms and conditions, the below mentioned words
and expressions shall, unless the context otherwise requires,
have the following meanings:
Account(s) means any of your account(s) maintained by you
with us to which we may allow access to Internet Banking
Services.
Bank means Meezan Bank Limited, a banking company
incorporated under the laws of Pakistan and having its
registered office at Meezan House, C-25, Estate Avenue,
SITE, Karachi, Pakistan and the terms We, Us and Our shall
be construed accordingly.
Business Day means a day when the Bank is open to
conduct banking business in Pakistan.
Customer means firm, company or any other association or
organization maintaining an account with the Bank, and
includes (where appropriate) any person authorized by the
customer to give instructions in relation to an account. The
terms You and Your shall be construed accordingly.
Cut-off Times means the cut-off time for giving internet
banking instructions via the website. The cut-off time for
online instructions is based upon the Bank’s Business Day
and the Pakistani Time Zone.
Internet Banking Service(s) means the service(s) to be
provided by the Bank, which would enable the customer to
obtain information from and give instructions to the Bank in
relation to an account by logging on to the Bank’s website.
Internet Banking ID means the unique identifier which is
issued by the Bank to the customer which enables the
customer to access the Internet Banking Service.
Password means an alphabetical and/or numeric code
initially assigned to the customer by the Bank and includes
any other code as may be subsequently adopted by the
customer for accessing the Bank’s Internet Banking Service.
eBiz+ means internet based platform through which
Internet Banking Services(s) and or any report pertaining to
the services / transactions carried out / executed using this
platform are made available to the nominated authorized
viewers of the customer.
eBiz+ Cheque means payorders being issued on the
customer’s request in favor of different beneficiaries.
Payment means that upon receipt of genuine and complete
payment instructions by the Bank, the Bank shall debit the
Debit Account to which such payment instructions pertain
and pay the amount to the beneficiary mentioned in such
payment instructions in any one of the following manners;
(i) By Funds Transfer between Meezan Bank to Meezan
Bank and/or
(ii) By IBFT (Interbank Funds Transfer); and/or
(iii) By RTGS (Real Time Gross Settlement); and/or
(iv) By issuance of eBiz+ Cheque and/or Corporate Cheques
(v) Utility Bill Payment
(vi) Cheque Book Request
(vii) Certificate of Islamic Investment
(viii) Cash Over Counter
Payment Instructions means the instructions issued by the
customer to the Bank, in a manner to be specified by the
Bank from time to time, for effecting payments.

Signature of Authorized Signatory Signature of Authorized Signatory

 Terms and Conditions for Internet Banking Services

Payment Instruments means a payment instrument issued

by the Bank, upon receipt of the payment instructions, being
a payorder which is known as eBiz+ Cheque and/or a cheque
which is known as Corporate Cheque. Additional terms and
condition may also apply on this instrument which shall be
intimated to the customer from time to time by the Bank.
Pakistan Time Zone means GMT+5.00, Islamabad, Pakistan.
Security Token means the physical device provided to the
customer by the bank which generates a numeric code used
by the customer for accessing the Bank’s Internet Banking
Service(s).
SBP means the State Bank of Pakistan.
Terms and Conditions means these terms and conditions
for availing Internet Banking Services as amended from time
to time.
Website means the bank’s website for availing Internet
Banking Services as modified and/or re-designed from time
to time.

2. AVAILING INTERNET BANKING SERVICES

2.1 By signing up for Internet Banking Services, you agree that
any use by you of Internet Banking Services shall constitute
your acceptance of these Terms and Conditions.
2.2 You must comply with all requirements designed to protect
the security of your use of the Internet Banking Services
which are notified by us to you in these Terms and
Conditions and from time to time in any other way.

3. CUSTOMER’S SECURITY OBLIGATIONS

3.1 You must keep your Internet Banking ID and the Password
secure and secret at all times and take steps so that the same
cannot be used fraudulently or without authorization. For
example:
(i) never write or otherwise record your Internet Banking
ID and Password in a way that can be understood by
someone else;

(ii) destroy any advice from us concerning your Internet

Banking ID and Password promptly after use;
(iii) avoid selecting a Password which may be easy to guess,
such as birthdays, telephone numbers, dates of birth,
etc.;
(iv) never record your Internet Banking ID and/or
Password on any software which retains it
automatically (for example, any computer screen
prompts or ‘save password’ feature or any similar
function on your internet browser);
(v) change your Password regularly and also whenever
required to do so by the Internet Banking Service;
(vi) change your Password immediately when you suspect
that the same has been breached or hacked and inform
us immediately;
(vii) do not disclose your Internet Banking ID and/or the
Password to anyone, including a member of our staff; and
(viii) do not share your security token with anyone, including
any member of our Bank.
3.2 If you become aware of or suspect any unauthorized use, you
must notify us immediately by calling us on +92-21-38103500
Ext: 2318, 2316, 2322 during customer service hours.
3.3 You must not allow anyone else to operate the Internet
Banking Services on your behalf.

Signature of Authorized Signatory Signature of Authorized Signatory

 Terms and Conditions for Internet Banking Services

3.4 Once you have logged onto the Internet Banking Service, you
must not leave the terminal or other device from which you
have accessed the Internet Banking Service unattended or let
anyone else use it until you have logged off the Internet
Banking Service. You will be responsible for ensuring that
you have properly logged off the Internet Banking Service at
the end of any session.
3.5 You must not access the Internet Banking Service from any
device such as from an office computer or similar network,
without first making sure that no one else is able to observe,
copy or hack your Internet Banking ID and/or the Password
and/or Security Token or access to the Internet Banking
Service pretending to be You.

4. PROCESSING YOUR INSTRUCTIONS

4.1 You agree that your use of the Internet Banking ID and, the
Password and the Security Token shall be adequate
identification of you for us. You authorize us to act upon all
apparently valid instructions (given to us on the Internet
Banking Service under your Internet Banking ID, and the
Password and the Security Token) as instructions properly
authorized by you, without obtaining any further written or
other confirmation or authorization from you. You agree that
we can act on any instructions given to us including
deducting money from your account even if these
instructions were not authorized by you.
4.2 Upon receiving an instruction we will be entitled to debit
your account with the applicable charges in respect of the
transaction. Instructions once confirmed on the Internet
Banking Service shall not be reversible. However, if you do
ask us to reverse an instruction after you have given it, we
may at our discretion try to do so to the extent that this is
possible under the rules and practices of the banking system.
You agree that you will be responsible for any costs we incur
as a result.
4.3 We may refuse to carry out an instruction given via the
Internet Banking Service, if, by way of example:
(i) a transaction exceeds a particular value or other limit; or
(ii) required documentation such as that required in case
of a trade and/or financing request has not been
provided; or
(iii) if We require written confirmation from you of a
particular instruction where we know or suspect any
breach of security.
If we come to believe that an instruction may not have been
properly authorized by you, we will be entitled, after making
reasonable efforts to check whether it was properly
authorized, to take steps to reverse any action taken on the
basis of that instruction. We will not be responsible for any
loss to you that results from such a reversal.
4.4 Instructions received by us via the Internet Banking Service
shall be acted upon in accordance with our Business Day and
the Pakistani Time Zone (subject to provision of all required
documentation) and any changes therein shall be notified to
you through the website from time to time.
4.5 It is clarified that any transaction to be carried out may not
always be simultaneous with an instruction being given.
Some matters may take time to process and certain
instructions may only be processed during normal banking
hours even though the Internet Banking Service may be
accessible outside such hours. Examples of instructions that
may take time to process include Pay Order issuance,
Financing requests, Guarantee and LC requests.

Signature of Authorized Signatory Signature of Authorized Signatory

 Terms and Conditions for Internet Banking Services

4.6 Bulk transactions (such as Bill payments, Fund transfers, PO

issuance) will be processed in batches and you will be
notified once the batches have been processed. There is no
guarantee that all the transactions as entered by you will be
processed in bulk. You need to request the online status of
any pending transactions for confirmation.

5. CUSTOMER’S LIABILITY TO BANK

5.1 You will be liable for any unauthorized use or misuse of your
Internet Banking ID and/or Password and/or Security Token
and shall be liable for all resulting losses and expenses
(including the amount of any transaction) if you:
(i) have acted fraudulently, or with gross negligence or
intentional misconduct;
(ii) are in default of observing any of your security
obligations as contemplated herein; or
(iii) have acted without reasonable care so as to facilitate
the unauthorized use of your Internet Banking ID and/
or the Password and/or security token;
(iv) fail to observe and comply with any terms and conditions
related to the use of Internet Banking Services.
5.2 You shall not be responsible for losses and expenses if it can
be proved that:
(i) the unauthorized use or misuse of your Internet
Banking ID and/or the Password and/or security token
occurred after you had notified us that you had
discovered or suspected that your Password had
become known to someone else; or
(ii) Your Internet Banking ID and/or the Password and/or
Security Token become known to the person giving the
unauthorized instruction as a result of any gross
negligence or wilful misconduct on our part.
5.3 You shall indemnify us, our employees, nominees or agents
promptly and on a full indemnity basis from and against all
actions, omissions, negligence, proceedings, claims, demands,
damages, actual losses (including actual direct, indirect
losses), actual costs and expenses including all duties, taxes,
legal costs and other levies and liabilities which We may incur
or suffer from or by reason of your use of the Internet
Banking Service.

6. BANK’S LIABILITY TO CUSTOMER

6.1 We will take reasonable practicable steps to ensure that our
systems, in connection with the Internet Banking Services,
have adequate security designs and to control and manage
the risks in operating the systems, taking into account any
law, rules, regulations, guidelines, circulars, codes of conduct
and prevailing market practices which may be applicable to
us from time to time.
6.2 We will not be liable for any loss or damage to you as a result
of your using the Internet Banking Services, including any
direct, indirect, consequential or special loss, even if we have
been advised of the same. Examples of circumstances in
which we will not be liable to you for loss or damage resulting
to you through the use of the Internet Banking Services
include (but are not limited to):
(i) any misuse of your Internet Banking ID and/or
Password and/or Security Token;
(ii) any incompatibility between your device or system and
the Internet Banking Services;
(iii) any technical breakdown or any machine, system,
communications or power failure for reasons beyond
our reasonable control which leads to the Internet
Banking Services being wholly or partly unavailable;

Signature of Authorized Signatory Signature of Authorized Signatory

 Terms and Conditions for Internet Banking Services

(iv) any strike, industrial dispute or other circumstances

beyond our reasonable control that leads either to the
Internet Banking Services being totally or partially
unavailable or to instructions given via the Internet
Banking Services not being acted upon promptly or at all;
(v) Your relying on any financial information provided as
part, or by means, of the Internet Banking Services
;
(vi) any access to information about your Accounts which is
obtained by a third party as a result of your using the
Internet Banking Services.
6.3 Our liability shall only be limited to direct loss or damage
which, in the ordinary course of events, might reasonably be
expected to result from the circumstances in question and
only if such loss or damage is caused by our gross negligence
or wilful default.

7. OPERATIONAL MATTERS
7.1 We shall take reasonably practicable steps to make the
Internet Banking Services available for use at all times. You
accept, however, that routine maintenance requirements,
excess demand on the systems and circumstances beyond our
control may mean it is not always possible for the Internet
Banking Services to be available at all times.
7.2 In connection with the Internet Banking Services, we are
entitled at any time to:
(i) Change the mode of operation; or
(ii) Add to, remove or otherwise change, end or suspend
any of the facilities available; or
(iii) End the Internet Banking Services.
If We decide to change or end the Internet Banking Services,
We will try to give you a notice of 30 (thirty) days or whatever
shorter period of notice may be reasonable in the
circumstances.
7.3 You must take all reasonably practicable measures to ensure
that any device from which you access the Internet Banking
Services is free of any computer virus or similar device or
software including, without limitation, devices commonly
known as software bombs, Trojan horses and worms
(collectively referred to as ‘Viruses’) and is adequately
maintained in every way. Since the Internet Banking Services
can be accessed through the internet or other
communication channels over which we have no control, you
must therefore ensure that any device you use to access the
Internet Banking Services is adequately protected against
acquiring Viruses.
7.4 You must not access the Internet Banking Services using any
device which you do not own unless you have first obtained
the owner's permission to do so. If you break this rule, you
must compensate us for any actual loss we suffer as a result.
7.5 If you access the Internet Banking Services from a country
outside Pakistan, you are responsible for complying with the
local laws of that country.

8. TERMINATION
8.1 You may cancel your use of the Internet Banking Services at
any time by giving us written notice (or in any other way we
notify you about from time to time). If you choose to
terminate the Internet Banking Services it shall be
terminated in respect of all of your accounts (if you have
multiple accounts), unless we, at our sole discretion,
otherwise decide.

Signature of Authorized Signatory Signature of Authorized Signatory

 Terms and Conditions for Internet Banking Services

8.2 We have the right to end or suspend your use of the Internet
Banking Services at any time. We will usually give you at least
30 thirty) days’ notice in writing of the same. However, we
may give you a shorter period of notice or no notice if we
consider it necessary, for example because of security
concerns in connection with your use of the Internet Banking
Services or because we are concerned that you have used or
may use the Internet Banking Services to operate any of your
Accounts in breach of your arrangements with us.
8.3 If your use of the Internet Banking Services comes to an end
for any reason, this will not affect any instructions you have
already given via the Internet Banking Services.

9. CHARGES AND OTHER MATTERS

9.1 You hereby authorize us to charge you for transaction(s)
performed through the Internet Banking Services, in
accordance with our Schedule of Charges prevalent at the
time of such transaction(s).
9.2 To protect both our customers and our staff, and to help
resolve any disputes between you and us, you acknowledge
that:
(i) We will record all telephone conversations between us
and customers of the Internet Banking Services;
(ii) We will keep a record of all instructions given by you
via the Internet Banking Services; and
(iii) We may listen to telephone calls made in respect of the
Internet Banking Services in order to assess and
improve the quality of the Internet Banking Services.

10. THIRD PARTY PRODUCTS AND SERVICES

10.1 Where we provide hypertext links to third party internet
websites, such links are not an endorsement by us of any
products or services in such websites. You use such links
entirely at your own risk and we accept no responsibility or
liability for the content, use or availability of such websites.
10.2 The entire content of our website is subject to copyright with
all rights reserved and the information held is for your
personal use only. You may not download (all or in part),
transmit or modify the website.

11. GOVERNING LAW AND JURISDICTION

11.1 These Terms and Conditions shall be solely governed by the
substantive and procedural laws of Pakistan and the Courts of
Pakistan shall have jurisdiction in respect of any dispute
relating to any matter contained herein.

DECLARATION BY THE CUSTOMER

“The below mentioned signatories of
________________________________________________
hereby declare and confirm that they have received, read and
understood the Terms and Conditions for Internet Banking
Services and agree to observe and be bound by the said
Terms and Conditions and any changes, supplements or
modifications thereto that may be notified to them by the
Bank from time to time.”

Signature of Authorized Signatory Signature of Authorized Signatory

Signatory Name / _________________________________________________________

For eBiz+ Signature Upload Purpose /

Please Sign within the space specified above with black ink only/

________________________________ ________________________________
Branch Manager / Operation Manager Branch Signature Verification Stamp

________________________________

For Bank Use Only

Signatory Number