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Text Banking Service Terms and Conditions Effective from 1 December 2012Contents Section×Page 1. Introduction2 2. Text Banking Messages3 3. Security3 4. Termination and Suspension4 5. Responsibilities
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Text banking service allows customers to check account balance, transfer funds, and receive account alerts through text messages on their mobile phones.
Financial institutions offering text banking services are required to file reports with regulatory authorities.
Financial institutions can fill out text banking service reports electronically through the designated regulatory portal.
The purpose of text banking service is to provide customers with convenient access to their account information and transactions through their mobile phones.
Reports on text banking service must include details of customer transactions, account balances, and any alerts sent to customers.
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