Terms and Conditions

Welcome to Swiss OffShore Bank. Please read these Terms and Conditions carefully before using our banking services, website, or mobile applications. By accessing or using our services, you agree to comply with and be bound by the following terms:

1.1 These Terms and Conditions govern your use of our banking products and services, including but not limited to savings accounts, fixed deposits, loans, digital banking, and online transactions.

1.2 We reserve the right to modify or update these terms at any time without prior notice. Continued use of our services after changes constitutes your acceptance of the updated terms.

2.1 You must provide accurate and complete information when opening an account. Any false information may lead to account suspension or closure.

2.2 You agree to maintain sufficient funds in your account as per the requirements of the specific product or service.

2.3 All accounts are subject to verification and approval by the bank in compliance with regulatory requirements.

3.1 Deposits are subject to verification and clearance. The bank reserves the right to reject any deposit without providing a reason.

3.2 Withdrawals are subject to the availability of funds and compliance with withdrawal limits and procedures.

3.3 Interest rates applicable on deposits will be as per the bank’s current rates and subject to change without notice.

4.1 Fixed Deposits (FDs) and other investment products are governed by specific terms related to tenure, interest rates, premature withdrawals, and penalties.

4.2 Early withdrawal of FDs may attract penalties as per the bank’s policy.

4.3 Interest will be paid according to the tenure selected and the bank’s prevailing rates.

5.1 Loan products are subject to eligibility criteria, credit assessment, and approval by the bank.

5.2 Interest rates, repayment schedules, and terms will be communicated clearly at the time of loan sanction.

5.3 Failure to repay loans as per the agreed schedule may result in penalties, legal action, or adverse impact on your credit rating.

6.1 Access to internet and mobile banking requires secure login credentials. You are responsible for maintaining the confidentiality of your login details.

6.2 The bank is not liable for any unauthorized access or transactions resulting from your failure to safeguard your credentials.

6.3 Transactions made through digital channels are subject to verification and security protocols.

7.1 We collect and use personal data as per our Privacy Policy to provide services, comply with legal obligations, and improve customer experience.

7.2 By using our services, you consent to the collection, processing, and sharing of your data with authorized third parties as necessary.

8.1 Applicable fees, charges, and penalties will be as per the bank’s tariff schedule, which may be updated from time to time.

8.2 You agree to pay all applicable fees for services used, including account maintenance, transactions, and penalties.

9.1 The bank is not liable for any loss or damage arising from unauthorized transactions caused by negligence or fraud on the part of the account holder.

9.2 We do not guarantee uninterrupted service and are not responsible for technical failures, delays, or errors beyond our control.

10.1 Any disputes arising out of these terms shall be resolved amicably between the parties.

10.2 If unresolved, disputes will be subject to the jurisdiction of the courts located in [Your Bank’s Jurisdiction].

11.1 The bank reserves the right to close or suspend your account or access to services at its discretion with or without cause.

11.2 You may close your account by providing a written request, subject to clearing all dues and complying with closure formalities.

By using our banking services, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.