An account agreement is a set of conditions that outline both your rights and responsibilities and those of the bank concerning your bank account. This agreement must be read, agreed upon, and signed before your account is activated.
An agreement signed by the customer and the bank which specifies account services, conditions, right, responsibilities and limitations for all parties. · See Also · Account
The account terms that apply to your credit card account. The agreement states your annual percentage rates, account fees, payment calculation method, and rights in billing disputes, as well as other important account information.