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jct_project_bank_account_documentation_template.docx
England and Wales
Free to use
🏚️ Project bank account agreement
A project bank account agreement is a contract between a construction company and a financial institution that outlines the terms of the construction company's use of the financial institution's project bank account. The agreement covers the construction company's obligations to the financial institution, including the repayment of any funds advanced by the financial institution, and the financial institution's rights and remedies in the event of the construction company's default.
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