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General Terms and Conditions for Governing Accounts & Services at ICICI Bank Limited Sri Lanka In these General Terms and Conditions for Governing Accounts (the Terms) of ICICI Bank Limited Sri Lanka,
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Start by gathering all the necessary information: Before filling out general terms and conditions, gather all relevant information about your business, such as company details, contact information, and any specific policies or regulations that may apply.
02
Determine the scope and purpose: Define the scope of your general terms and conditions by identifying the products or services your business offers and the countries or regions where you operate. Clarify the purpose of your terms and conditions, which may include outlining the rights and responsibilities of both you and your customers.
03
Include essential sections: Generally, general terms and conditions consist of various sections that cover different aspects of your business. Examples of important sections often include:
3.1
Introduction: Provide a brief overview of your business and the purpose of the terms and conditions.
3.2
Definitions: Clarify any specific terms or concepts used throughout the document to avoid misunderstandings.
3.3
Terms of Service or Use: Outline the terms and conditions your customers must agree to in order to use your products or services.
3.4
Pricing and Payment: Specify the pricing structure and the accepted payment methods for your products or services.
3.5
Delivery and Returns: Explain the process for product delivery and return policies, including any applicable fees or timelines.
3.6
Intellectual Property: Address the ownership and usage rights of any intellectual property associated with your business, such as trademarks or copyrights.
3.7
Limitations of Liability: Define the extent to which your business can be held liable for any damages or losses incurred by customers.
3.8
Dispute Resolution: Establish the procedures for resolving disputes, which may include arbitration or mediation processes.
3.9
Governing Law: Specify the jurisdiction that governs your terms and conditions.
04
Seek legal advice if necessary: If you are unsure about certain legal aspects or want to ensure compliance with local regulations, consult with a legal professional to review and provide guidance on your general terms and conditions.

Who needs general terms and conditions:

01
Businesses selling products or services: General terms and conditions are essential for any business that sells products or offers services to customers. These terms and conditions help establish a legal agreement between the business and its customers, outlining the rights and obligations of both parties.
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E-commerce websites: Online retailers and e-commerce platforms often require general terms and conditions to govern the use of their website, the purchase process, and the return policies.
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Service providers: Service-oriented businesses, such as consulting firms, digital agencies, or software development companies, should have general terms and conditions to ensure clarity about the services provided, pricing, and other important aspects.
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Freelancers and independent contractors: Individuals offering services as freelancers or independent contractors should also consider having general terms and conditions to outline their terms of service, pricing, payment terms, and any relevant legal protections.
In summary, filling out general terms and conditions involves gathering necessary information, determining the scope and purpose, including essential sections, and seeking legal advice if needed. General terms and conditions are necessary for businesses selling products or services, e-commerce websites, service providers, and freelancers or independent contractors.
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General terms and conditions refer to the standard set of rules and regulations that govern the relationship between a company and its customers or users.
Companies or businesses that provide goods or services to customers are required to have and file general terms and conditions.
General terms and conditions can be filled out by outlining the terms of service, payment terms, cancellation policy, and any other relevant information related to the business transaction.
The purpose of general terms and conditions is to clearly outline the rights and responsibilities of both the company and the customer, and to provide legal protection in case of disputes.
General terms and conditions should include information regarding pricing, payment methods, delivery terms, warranties, and dispute resolution procedures.
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