Client Updates

CHOOSE BY ALPHABET

A | B | C | D | E | F | G | H | J | K | L | M | N | O | P | R | S | T | V | W | Y | Z

Enter our
BLOG

Follow HFN

Client Updates
 

Mar 23, 2014

Client Update – Amendment No. 19 to the Banking (Service to Customer) Law

HFN's Banking and Finance department recently published a client update regarding Amendment No. 19 to the Banking (Service to Customer) Law.

The amendment imposes on banks an obligation to provide the client with a written notice regarding its intention to set a loan for immediate payment or to initiate legal proceedings against the client due to non-compliance with the terms of the loan. The amendment passed in the Knesset earlier this month and will take effect in six months.

To read the full client update, please click here (Hebrew).

Back