Inclusion / Merger of Companies to Access Velocity Ocbc Under a Primary Organisation ID

Total Page:16

File Type:pdf, Size:1020Kb

Inclusion / Merger of Companies to Access Velocity Ocbc Under a Primary Organisation ID

Inclusion of Companies to Access Velocity@ocbc under a Primary Organisation ID Purpose This document is applicable for Velocity Premium Service Package ONLY. It serves as a guidance notes for companies that would like to share the same Organization ID to access Velocity@ocbc. The exercise of allowing Organization ID sharing is referred to as “Inclusion of Companies to Access Velocity@ocbc under a Primary Organisation ID”.

Definition  Primary Organisation = company that will hold the main Velocity@ocbc access for all inclusion companies  New Inclusion Companies = companies that will be included into Primary Organization ID for Velocity@ocbc.. Also known as Specified Company.  Existing Inclusion Companies = companies that were already included into Primary Organization ID for Velocity@ocbc.

Velocity Inclusion related Documents Bank's Standard Velocity Form Primary Specified Board and/or Organization Company Resolution User Matrix Form Inclusion Inclusion No Resolution Resolution Scenarios . (To depict the (To authorise the authorised (To define access rights for ALL inclusion) (To authorise the signatories for new users and to modify access inclusion) Banking rights of existing users) OR Services)

1) Velocity Application Form

- To be submitted under the name of Primary Organization and signed by its authorized signatories - Select Premium Service Package - Any insertion is to be signed by the Primary Organization's authorized signatories Primary Organization To be submitted To be submitted To be submitted does not & signed by the & signed 2) User Matrix Form & signed by the have Primary separately by 1 Primary existing Organization, ALL inclusion - To be submitted under the name Organization if it Velocity at during inclusion entities, during of Primary Organization and is not in place the point of request inclusion request signed by its authorized signatories inclusion - To list down all account numbers, including primary and sub entities - To define all user access rights - Any insertion is to be signed by the Primary Organization's authorized signatories

Sub entities do not need to submit/sign any Velocity form

2 Primary To be submitted To be submitted To be submitted 1) Change Service Package Organization & signed by the & signed & signed by the Form have Primary separately by the Primary existing Organization, NEW inclusion Organization if it - To be submitted under the name Velocity but during inclusion entity, during is not in place of Primary Organization and intend to request inclusion request signed by its authorized signatories change - Select Premium Service Package service - Any insertion is to be signed by package the Primary Organization's authorized signatories

Velocity@ocbc Inclusion (Premium) Ver: GTB VeloInclusionPREMIUM 04072016 Inclusion of Companies to Access Velocity@ocbc under a Primary Organisation ID

2) User Matrix Form

- To be submitted under the name of Primary Organization and signed by its authorized signatories - To list down all account numbers, including primary and sub entities - To define all user access rights - Any insertion is to be signed by the Primary Organization's authorized signatories

Sub entities do not need to submit/sign any Velocity form

User Matrix Form Primary - To be submitted under the name Organization To be submitted To be submitted of Primary Organization and have To be submitted & signed by the & signed signed by its authorized signatories existing & signed by the Primary separately by the - To add new entity/account, list 3 Velocity and Primary Organization, NEW inclusion down all relevant account numbers want to add Organization if it during inclusion entity, during - To define all user access rights new is not in place request inclusion request - Any insertion is to be signed by inclusion the Primary Organization's entity authorized signatories

Velocity Application Form

- To be submitted under the name of the NEW Primary Organization and signed by its authorized signatories - Select Premium Service Package - Any insertion is to be signed by the NEW Primary Organization's authorized signatories

To be submitted To be submitted Re- To be submitted & signed by the & signed appointment & signed by the 2) User Matrix Form NEW Primary separately by 4 of New Primary Organization, ALL inclusion Primary Organization if it - To be submitted under the name during inclusion entities, during Organization is not in place of the NEW Primary Organization request inclusion request and signed by its authorized signatories - To list down all account numbers, including primary and sub entities - To define all user access rights - Any insertion is to be signed by the Primary Organization's authorized signatories

Sub entities do not need to submit/sign any Velocity form

Note: All subsequent maintenance requests are to be submitted under the name of Primary Organization and signed by its authorized signatories

Date Precedence of Documents

Velocity@ocbc Inclusion (Premium) Ver: GTB VeloInclusionPREMIUM 04072016 Inclusion of Companies to Access Velocity@ocbc under a Primary Organisation ID

Velocity@ocbc Inclusion (Premium) Ver: GTB VeloInclusionPREMIUM 04072016

Recommended publications