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Template:Code ISDA 2002 2(b)

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2(b) Change of Account. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the Scheduled Settlement Date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change.

right [

label change account details rt
who Party: either
action change payment or delivery account details
how notify: written Party: other
when minimum: five Local Business Days before Scheduled Settlement Date
condition notice: written; reasonable objection from Party: other to Party: active]
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