PKO Bank Polski SA

12/11/2020 | Press release | Distributed by Public on 12/11/2020 08:41

Amendments in the Principles of making closed cash deposits and withdrawals in PKO Bank Polski SA

Please be advised that as of January 1st, 2021 we amend the content of the Principles of making closed cash deposits and withdrawals in PKO Bank Polski SA (Principles).

Amendments concern issues regarding an Act amending certain acts to reduce the regulatory obligations. This Act extends the standards of legal protection (amendments in abusive clauses) provided so far for consumers to entrepreneurs operating on the basis of CEIDG. The Act is entering into force on January 1st 2021. With reference to above point 28 of the Principles shall receive new wording. Other amendments to the Principles are of formal nature.

The Account Holder may terminate the closed cash deposits and withdrawals agreement within 14 calendar days as of the notification receipt date, if they do not accept the changes to the Principles.

As a result of the termination notice, the closed cash deposits and withdrawals agreement will be terminated following the lapse of the notice period according to the terms specified in the agreement.

The changes shall be deemed accepted unless the agreement is terminated within the above deadline.

In case of any questions, please contact your Advisor at the Corporate Customer Service Center or your Relationship Manager.

Principles of making closed cash deposits and withdrawals in PKO Bank Polski S.A. (Download PDF)