Contract for the formation of a bank account in Iranian law and comparative

By creating a bank account agreement, an account is opened under the name of the applicant in the name of the bank. In accordance with the provisions of this agreement and the intention of the parties to the contract, the bank undertakes to accept all the funds the account holder or third parties intend to deposit into this account with the account holder, and, accordingly, the account holder has the right to deposit funds into this account Will have. The same funds are deposited in the account of the bank and the bank shall receive the equivalent of the received funds due to the owner of the account. Therefore, the owner of the account will have the right, at any time by issuing the checks, to demand the same funds from the bank, and the bank will be obligated. Among the above obligations, only the obligation of the bank to accept the transfer of funds is accrual and only due to the conclusion of the contract is made and payable, and other obligations contained in this contract are suspended for the deposit of funds and are not due to the conclusion of the contract and are not required This paper examines the contract for the formation of a bank account as well as the general and specific terms and conditions of this contract.