Corporate Online Terms and Conditions update - 28 March 2022
The following changes have been made to the Corporate Online Terms and Conditions effective from Monday, 28 March 2022.
Please contact your Westpac representative if you require further details.
Changes to the Corporate Online Terms and Conditions
Clause | Effect of change |
---|---|
Clause 15.9 | Clause 15.9 under the previous title ‘Anti-Money Laundering, Counter-Terrorism Financing and Economic and Trade Sanctions Obligations’ has been updated including: 1. to explain that Westpac may delay or refuse or block access to Corporate Online including on the following grounds:
2. to provide that a Corporate Online user will undertake not to initiate, engage in or effect a transaction that involves a payment to, from or through a Sanctioned Jurisdiction, and not to access or use Corporate Online in a Sanctioned Jurisdiction. Corporate Online users will indemnify Westpac against potential losses for breach of these undertakings. |
Clause 16 | We have added a definition of ‘Sanctioned Jurisdiction’ in clause 16 titled ‘Definitions’. |
Corporate Online Terms and Conditions
Corporate Online Terms and Conditions (PDF 280KB) effective from Monday, 28 March 2022.