Article 853. Settlement of counter claims of the bank and the customer on the account.
Monetary requirements of the bank for the client related to crediting the account (Article 850) and payment for the bank’s services (Article 851), as well as the customer’s requirements for the bank to pay interest on the use of funds (Article 852) are terminated by credit (Article 410), unless otherwise specified stipulated by the bank account agreement. The offset of these requirements is carried out by the bank. The bank is obliged to inform the client about the offset taken in the manner and within the timeframes stipulated by the contract, and if the relevant terms are not agreed by the parties, in the manner and within the time limits that are common for the banking practice of providing clients with information on the status of funds in the relevant account.
References to other articles of chapter 45. Bank account: