Account Specific Service Agreement

From Open Risk Manual

Definition

Account Specific Service Agreement. A service-agreement that is account-specific, applicable in cases where a client holds multiple accounts with differing terms and conditions

Customers of financial service providers frequently hold multiple accounts - brokerage accounts, checking and savings accounts, trust accounts, and so forth - which may have specific terms and conditions associated with them.

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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