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    18 views13 pages

    DOC095

    Uploaded by

    Mohammed Shoaib
    Terms and conditions to open private LC

    Copyright:

    © All Rights Reserved
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    of 13
    Definitions and Interpretations Definitions: “account” means any bank account (including any sub-account) ‘You hola wth Us “Alfected Instruetion” means an Instruction We thinks unclear conlieling, neorec. incomplete, unauthorised of would breach {ny applicable iw. order or sanction of any Authorty “asfiiate” means, relation toa company (a) any ofus Supsciaies (b) any ofits Holdeng Compares. oF {e) any ther Subsietary of any such Holding Company, Imelusing head offices end branches ofthe above “agreement” means the contract between the Portes comprising of these Standard Terms, the relevent Courity Supplement the relevant Service Supplements. the RCS andany ‘other trms and conditons agreed between the Parues ‘Application Form” means a form in which You apply to Us for any Serves (nelusing @ supplemental appiealen form) “Authorised Person” means any person authorised to act on ‘Your behalf in accordance wth s Mandate or others “authority” means sny government, quas-government, ‘aeministraive, regulatory or supervisor body of autnony, court brinibunal va jascicion over Us ora Bank Member ‘Banking Day” meane. for ny Service Location, a day on whieh banks are open for general Bankang business in such Service Location, ‘an Member" means Standard Charered PLC or any ofits afiates “channel” means any system. metium ox channel, including an elecronie banking channel, a website, SWIFT. the internet, Telephony, 8 Mobile Device, fax and emai, tough which the Portes may commineateinormaton and Gocumerts “client Group Member” means You or any of Your Afates ‘Client 19° means the ungue means of keniifeation nthe form or combmnation of @ password, PIN, personal idenificalion of ‘an Electrons Key) assigned to or selec by You. client Systems” means any communication line, modem connection oroer facies, sofware, harGvare. Mobile Devioes Or equipment provided and usad by You to transmit or recewe ‘ny information or document Controt” means where one pargon (ther directly or ncrectly land whether by share capil voting power, contact of ‘tneranee) has the power to appoint andor cemove the mejonty of the members of the governing bady of another person oF there controle or has the power to contol the affars and polices of at other person and tha oiner person i taken tobe *Controlled” by he fst person. “country Supplement” means each county supplement for 8 Service Location “Digital Certiicate” means an elecoric device used to venfy dent or protec electronic messages “Electronic Key” means a. smart card, security token, tlecvoric key orathersimiar authentication or verification device ‘inany form Er {© Copyng 2018 Sada Cuanered Bane Agr reseed “Force Majeure” means any (a) aed, eorm, earthquake, epidemic or other neural event, )warhosities, terronem, revlution, rotor cil deorder, (fe) stnke, lookout or other industrial action: (é change in any tat ot any change in the interpretation or enforcement of ny aw, te) actor order of any Authoaty order ot any cour o thar jut body. {change or impending change whch may impact the ovaiabily, legal usage, converbity, cred or translereilly of any currency, tty computer sysiem mafunetion or fare or any third party interference wan 2 computer system; i) err, feduee,nteuption, delay or non-svalaity of ary ‘pe0d8 or services supplied to You or Usby a third pay. oF () other oreumetance beyond Our ressonable corto Holding Company" means, sn relahon to & company, © company in respect of which the fest named company 16 Sunsiiary insolvency Proceedings” means sny corporate action, legal proceedings oF eter step m relation to (a) surpension of paymenis, moratorium of indebledness, Bankruptey, tending up, desoltion. administration and feorganieation (her than a solvent Iquidalon or ‘aorgarisation) er composition or amangement with erasers. (b) the appointment of a iqudator (other than in respect of 2 solvent iquldaion), receiver, edmivstratar or simiar fice in reepect of You or any of Your assets ©) expropriation aftechmart, sequestration, distress oF txeautton afecting any of Your asses othe enforcement of any securty ver Your assets; or (6) any analogous procedure or sep in any jurtedition ‘instruction* means ineructions 1m relation to sny Account, “raneacion or Serica which (e) conta the mformation We requre to cary out tne Inetrutons: ib) We receve via any Channel as agrees by Us: and (©) We befeve in good faith has been given by an [Authorised Person and are transmitted with such testing br authentication as We may spect and “Instruct” has the corresponding meaning ‘intelectual Property Rights" means any rigs in relation to tangle and sfangible intellectual and indusinal propery and the right to apply for them, ening anywhere, incuding =n Invention, patent, design oF uty model nights, logo, domain hemos, copyright, trade mark, sence mark, database right {opogtachy nght, commercial or conidential information, know how or trade sacrt and any other rights ofa similar ature or fect whether or no regsteved or capable of being registered ‘Losses" means any losses, damages, demands, claims, irbities, costs Gneludng legal costs) and expenses of any kind finluding any deel, wvcect or consequential losses, loss of prof aes of goodual and loss of reputation) whether or not hey Standard Terms “Malviare” means ary malicious or destuctue sofware which may be host, mirusive or disruptive, inelucing viruses, worms trojans, backdcors, spyware or keyloggers “Mandate” means any wsting, acceptable to Us, néeating the sautnonty of an Authorised Person “Mobile Device" means any mobile communcation device whieh @ User of Ruthorbes Person designates for acceesing = Service Notify” meens Our disclosure to You of inlormation by any ot the following methods, (a) verbally; (©) banding ever by Our oftesr, (©) uring by post. ey or emai and 1) posting on Our webs, and “Notified”, “Notifying” ena “Notification” have correspaneing meanings “Parties” means You ang Us ‘Payment Instrument” means any eneque. vavelers cheque, ‘seman rat. cashiers order, money erser, postal order or other ‘amlerinsteanert PIN’ means & secret number code unique to @ User or 2 parteuar Elston Key. RCS" means the regusiory compliance statement (also avaiable on wmv.se coma) sting out legal ad regulatory requirements that apply to Your relationship vith Us in relation to any Account. Tansection or repor, statement or information requested by “Report” means Seniee, any daa, You Security Procedures” means any _instuctions, recommendations, meatutes and ptocedures concerning ‘secur of authenieaion issued oF made avaiale to You. “Service” refers to any baniong facilites, Accounts. Channels or products and senices We prowde to You (nsivding any Sneilary scivtes, Transactions of services in connection wth the foregoing, whether oF ret performed by 2 thea pary service provider “service Level Agreement” mesns the procedural and ‘operational requirements for a Service as agreed between ihe Parties “Service Location” means the counityortemtorym vihicn We provide Services to You as specified inthe relevant Application Form “Service Supplement” means Ourterms appiable toa Service Younave eeectes “Set-Up Form” means a form. acceptable to Us, seting out the ‘etaip options You designate for 8 Service Software" means any sofware thet Wwe or Our supplier has supplied to You “Software Licence” meane any leence granted to Us or Youn comection wth the Sofware ‘Standard Terme” means these standard terms "Subsidiary" means, in relation to = company. any other company {@) whichis Contoles, dectyoriicectly, by he firstrames company. ‘more than half the issued share capital of which 16 Denetilly owned, directly or ndiecty, by the ret named ‘company, oF which 18 @ Subsitiay of another Subsiciary of the frst named company o e © opysgn 2015 Gandara Chanees Bank Al ngrereserves 32 Standard Chartered system Materials" means all User Guides, Sofware hardware. Electron Keys, card readers, Digtal Certificates and all other equipment. materals or ccumeniation on any media ‘made avaible to You “Tax” means any tax, levy, mpost, duty o° other charge or wahoiding ofa imlar nature (netuding ay associated penalty ‘orinverest payable) required by law “Transaction” means any transaction la) made between he Portes, Ib) effected by Us on Your Instruction, or (@)__made between You and any cer paty ‘and “Transacing’ hes the corresponding meaning ‘User" means anyone appoined by an Authorized Person in conection wth a Service ‘User Guides” means the operating and procedural gus, ‘manualeo technica specifications proves o Youln connection ‘han Aecount or 2 Serwce ‘User ID" means the unique means of ientction in the form ‘or @ combination of & password, PIN, personal identieation of ‘an Electone Key) assigned to of selected by 3 User “we”. "Our" and “Us” means the Banke Member iene’ in the relevant Applicaton Form 28 the provder of the retevant Services} in the relevant Serves Location “you”, “Your” and “Youre” mean the person tented inthe relevant Appicetion Fom as the clont receiving the relevant ‘Serwen(s)in the relevant Service Location, Rules for interpretation (a) References to certain general terms: Unless expresely slated otherwise m these Standard Terms, (0) a reference fo 8 person includes auch person's ‘executes, admnstalrs. successor, subetutes lupeluaing by novation! and assign, lw) referance tea document includes any venation ot is replacement: “person” includes. an indwidual, 2 sole proprietorship, a partnership, a body corporate, an Unincorporated association, a governmant, stale, ‘anagency of sate anda trust, law" includes (A) any agreement with any ‘Authority: and (6) any statute, common law. principles of equly, order, regulation, rue, oficial Sec, request, guideline, sanction, embargo or restnctve measure (wheter or nat having the force (of law) of any Authoriy end any interpretation, ‘spplieston or enforcement of such law the word “including” when isting examples, does roti the Isto such examples or examples of ‘ilar in, 2 gender includes al other genders: the singular inelodes the plural and vice versa; “wating” includes email, fox transmission or ‘ther slecrone means of communication legibly received and “writen” has the corresponding meaning, and Felerences to partnership include Dattnership and fintes habily partnership, Headings: Headings in the Agreement are for ‘convenvance any ang shall ot aft the interpretation of « ™ o wy ow, va Cy generat & (CB StanansTerre regaled 2016.v1— Page 2ol Standard Terms Chartered & 2. Your Responsibilities 21 You must: ® e © @ ° Follow Our instructions: follow the User Guides, Securly Procedutes and Our instructions relating to ary Service Compliance with law follow all appbcabie laws snd ‘campy wath the RCS. Information requirements: provide Us ath accurate and Up to-date information, any information and documents Wie reasonably request and netily Us immediately of any changes. Processes and controls: () implement and regulary feview robust provesses. end corals relating To Our ‘Services, nclucing (A) the detecton, prevention, removal of treats related to any Mahvare being inroduoed into the Chent Sysioms, System Materials or Chamels: and (8) ensuring the Services are used only ‘uihinthe authonation le ora unevonalty parameters uly eet up by You: ane vi) ensure that such processes land controle re adequate to protect Your interests Prevention and securly: tae all reasonable measures fo detect and prevent unauttonsed access to the ‘Services, including () keeping the System Uatenals ‘Ghent Systems, Chent ID, User ID and all nfonnstion relating to the Services secure and confidential so thal only Users and Authonsed Persons have access to then Sd tifensuve Users ané Aorisee Persons donot share ‘rcleclogs the relevant User IO or access 8 Service fom fn uneeoured publ internet access device or personal shared computer: Reporting Channel problems: immediatly noly Us of ‘ny (actual or polenta loge or damage to, or any actual or atiompted msuse of, any System Materials. Chen 1D {+ User 10 i falure to comay win Securty Procedures. {iy ectua or potential problems with any Channa; or) ceual or aftempied unnulnorises vancacton You shall help Us witn Our reasonable requests fo resolve any such problems, and Supporting requirements: ensure that You have the necsesary hardware sotware and systems for using try Channels and comply withthe tems govering any Channels. Services or System Materals that are not tomirallag by Us of that are provises by thd partes You ‘confi that You have assessed the Secuty Procedures ‘and User Guides and have determines that they are Adequate to protect Yourintarets, 22. Youconfim that: wb ‘any User ientifes in the Set-Up Form is authorised to fecoive Services and act on Your behelfand Youll actly Us immediately anything changes, and Wie may decioe information proved by orelaing fo You to any Client Group Member 23° You ate responsible for ary Electonie Key. Client ID. User 1D. Digital Centeate or Mobile Device We provi to You or which You use fo access a Series oF fo communtcate with Us ‘elecoricaly orto give Us Instructions 24 You shall be responsible for all Transactions that are ‘ulomabcaly processed while We are complying win Your Tequest fo turn off Your User's access lo Our System Matera Our Responsil 31 Inproviing the Senveas, We wil lities Standards: use reasonable car (© Cony 2018 Stansra Crater Bank Allnghls evened a 42 45 45 382 (b) Uicencing: provide You wath a revocable, nonexclusive, rentranefarable Sofware Licence, if requied for tho Semeces, (c) Channel connections: use reasonable endeavours re ‘establish any selected Channel under Our contol which Isnferfered with or comes Unavalable or provide You ‘eth altemative faites 98 soon as We ca. (2) Channet security: take all reasonable measures to prevent snauthorged access to any Channel We contol ‘excep for he matters referred fon Your Responsibies (e) Authorised access: accept «anyone using. Your Electronic Keys, Clent Ds, User IDs r Digtal Ceniicates a8 being authonsed oy You to do 20: and (i) any Instructions tranemited through any Channel as being senl by an Authoneed Person. We shall be under no Sbligston fo cheek the authorty ofthe person using any Electron Key, Chent 10, UserID, Digtal Cerseate or Mobile Davies: ana (Independent advice: not be responsible for providing you independent egal, 2x, accouning,secunty and oer ‘dvice relation to any Account. Service, Transaction or ‘Agreement ith Us ana We do nat eve You ary aevisory. Fiucrary oF simiar duties Instructions. Replacing a Mandate: You may provide Us wth a new Mandate ‘tary time, We may confnue to rly on an existing Mandate “nll We have updated Our records in accordance with Your new Hendate if We eannot process Your new Mandate, We wil Notify You as soon as We can, Incomplete and inconsistent Instructions: We may act on Incomplete or Inoneietent intrusions Wie reasonably believe \We ean conector clay euch information without refering to You Refusing ta act We may not process Your Instruction if () We cone it an Afected instruction: (©) the Security Procedures appears have been breaches or ‘cannot be executes! \e) Weave a valid reason for doing so, or (@) processing i may resul in an unauthorised overdraft Payment instructions: You authorise Us to send Your payment Instructions. You also uthonse Us, any Bark Member or any third party whe receives such instuctions to act as if You had sent the Instivcons dacty to them, Notice: i We cannat process Your Instruction, We wl Netty You ‘38 s00n 38 We can Stopping ® Transaction’ We wll ty to slop or cancel @ Transaction when You ask Us to but Vio wil not be responsible it We cannet do eo. Notices and Communications Form of notices and communications: Notees and communications must be legible and sent to the designated ‘department atthe last notifies contact deta. ‘When notices and communications to You are effective Unies othervase provided. Our notices and communications {0 You ace efectve (2) sent by fax, a the time shown onthe transmission report 2s being successhly sent: (6) deliveres personaly at the te of delvery, (@) sent by post, 5 Banking Days ater posting: ond (6) sent by any olher Channels as Notified by Us, al the te efectos oh o (CB StanceTeme_ tart 2006_vt Page 307 Standard Terms 53 54 62 6 ‘© copynght 2018 Stndara Chaneres Baie Al gts reserves ‘when notices and communications to Us are affective Your Communications are effective when We actualy receve them Verbal or eleettonic Instructions and communications (a) We can act on Your Instructons ot communications Teeeive verbslly of through any Channel i We Believe them fo be genuine and complete. We may require Your comfmaton por o setng on such instructions (>) You bear any rsks in sending Your Instructors or ommanestions verbally or trough aay Channel Recording of telephone conversations: Subject to any Epplicabe las We may record Our telephone conversations with ‘Yu snd vse the recarsed conversations or trenscnpts i any dispute 9 conection sah tne Agreement Digital Signatures and Electronic Contracts Digital signotues and electronic contracts: Insiructons onumenls snd communications which are () city signee snd supported by © Digtal Cerificate or Electron Key of dt) accepted via an elecxorve Chanel (luting cekthrough of any sther form of digtal suhenticaten), have been auzhonses Dy. You end shall have the samo legal effect, valty and fnoreesbily 28 f signed in wnting We may rely on such ‘2cceptance without ingly as othe authonty ofthe personecting fn Your behall, Use of Mobile Devices: (ai Our_modile banking functionality allows Users oF Auhonsed Persons to view Reports of authonse Instructions via @ Mobile Dove (e) When authorising Transactions via 9 Mobile Device. Your ‘Authonsed Persons may not beable fo view the ful Getals of he underiying Traneaction a the time of authorisation Youbeat any teks ansing Fomany instructions auhonses through 2 Mobile Demos (inlusing the nk of rau) woostes: (e) For mere effcient secess to Our nternet-based systems, ‘We may put: eookes” temporary on Your computer. You may disable the cookies, but in cong £0, You may not be {ble to aecess all of Our Services tb) Somelinks on Our website teas te websiles nat under Our ‘oni We ate not responsible for such websites nor for that content (e) For hypetinks to Our other webstes. the terms of such other websites aply there are na tems. the Agreement ppl. Authority of Your Authorised Person Acts of Authorised Person: [An Authorid Porton shall be deemed to have the author 10 {Wve Instuctone, gn any document and perform any act on Your Behalf nctuing {a} agreeing, supplementing, restating or varyng tne terms of the Agreeman, (©) acding, removing, amending or managing any Serviee {@) appointing any User(s; and (appointing any person, representaine of agent to act fon Your Behalf (including appoiring any successor) of Seceping an appomiment as an agent f° ary person, unless Youadviee Usin wnting Suen acwce) You ave Person ie and We acknowledged 8 at a 102 Standard Chartered & Amounts, Expenses and Debiting Accounts ‘Amounts and expenses: You must pay Us without set-of ‘seduction or counterclaim (a) anyfeesoramounte due or payable under he Agreement for any Transaction or as Noted by Us. ana (1 any expenses or Losses Wie ier in connection with the ‘Agreement ot for any Transaction Clayboacks. We may cancel, reverse or debt any payment We ‘mate under the Agreement or fo any Transacton anchisng any Interest pa), (a) tocorrect a msiake, {0} where We have not recowes cleared and uneondional fds i al prompt: (c) where Wie are requires to return the funds to the relevant payer or dear, oF ib} vinere We have reasona Debiting Your Accounts We may (a) debt ery amount due or payable undor the Agreement or for any Traneacton tom any of Your Accounts wah Us at any time: and {o1 —chatge terest on any amount ue under the Agreement fr for any Transaction at rate We reasonably cecide fom the aue date to Your actul payment dete rounds for ding 60 Arrangements with Financial Institutions \We may enter ino fee and information sharing arrangements ‘tha ners Insttuton of @ Bank Member. We may disclose Information felting to YOU to such persons. I You ask, We wi tothe extent permsible, ge You deals of such arrangements Indemnity and Limitation of Liability (2) General exclusion of lability: We are not Habe for any Loss that You sufler or meut connection wth any (i) Serviee, Channel, System Materials or Transaction, (i actor omission on the pat ofa Bank Member: or (li) Force Majeure event whether the Loss ances out of breach of contract, 2 tort Under statute of otherwise We remain fable for Your ‘oct oss caused by any fraud, gross negigence or vlul Irisconducton Our pat but exclude any lal frindrect reonseguentiallosses los of profe whether or notthey ‘ere foreseeable o ily to occur (©) Monetary Limitation: In relation to Services accessed through a Chanel, Outta iby for any claim for any Losses arising from fare o isruption of euch Chanel in any calendar year shal not exceed te higher ofthe total Summ of te Service charges paid by You forthe 0 days Defore the date of euch Loss or USS100,000, ‘Your indemnity. You indemnity Us on demand agatrst any Loss aising fom of ieurred by Us in connection ith. (8) Our providing any Service to You {bi You of Your Authorged Person not complying vith any bigation under the Agraomet (2) Our acting oF declining to act on Your instructions: (@) Ou holding any eecurly or deating with any secured asset: (e) Our maling cursney conversions n accordance vith the Agreement and (any Tax payable by Us on, ot caleusted by reerence: fo any amount paid or payable by of to You Under the ‘CB StandetcTerns_hteated 2076 v1 Page 2ot7 Standard Terms Agrooment (excluting any Tax payable by Usby relerence to Our net income receive or raceivabe by US) ‘This ndemnty is independent of Yourother obligations under the ‘Agreement and continues aRer such Agreement ends, 302 Other limitations of Habilty: Any other tnntston of Habit cortaines in any Service Supplement isin addon lo and does et limi this Clause Documents for transmission to third parties: You are responsible for ary document of date You prowse Us for transmission to ths parves and We are net responsible for and ave ne duty to reviw such documents before vanemission Nolieation o Us. You must ntiy Us n ring with 6 months fof bzcaming aware ofthe material fcts of any claim You have ‘gains Us. feirg which You weive all Yeur eights to claim Sgarst Us 104 Dealings No deatings by You: You may not assign. rovate, transfer for otnersige deal vath Your rights andor obligations under the ‘Agreement woinout Our consent Dealings by Us: We may assign, novste. transferor these deal wth sil or any of Our nghis andor oblgatone under the [Agresment without any person's consent You must comply wth (Our reasonable requests to give effect lo the same incising giving Your consents end sigring documents, We may disclose Information provided by You or relating o You forthese purposes ne 12, 24 Seton Wo may set any obigation You or any of Your Alias owe Us of any of Our Affisies against any ebigation We owe You under the Agreemant or any amount in any Account You hold ‘th Us We may so anything necessary to effect euch set-off Under this Clause vneluaing varying the cate for payment of fy amount By Us to You and making curency exchanges) For the purposes ofthis Claus, “obligation” includes eny obligation whether matured or unmaled,getual or contingent, present oF ‘gue, the amount of any such obigaton Is unascemained, We ray esumate the amourt forthe purpoees ofthe set-off 13. Currency Conversion 13.1 We may make currency conversions in cespact of any amount ‘received by Us from You or due to You rom Us or arising from ‘Your Insuetons using Our applicable prevaing exchange rate ‘You must pay Our usual charges for such corwetsions 14, Taxes 141 t1¥ou are requires 19 deduct any Tax ftom a payment to Us. You rmustinerease the amount payable so that We receive the amount ‘We wouls have received ino deducton hee been requires 142. 11Weare required to deduct any Tax trom a paymentto You. We Go not have to increase the amount payable so hat You recewve the amount You would have recewed ino deduction had been requred Each Party agrees to deduct the amount for the Tax, pay the “Tax to the relevant Authorty m accordance wath applicable aw oF agreement ang give the orginal receips tothe other Paty “a 18, 181 Termination and Suspension Termination by either Party Ether Pasty may terminate the vihole or any part of @ Service, oF the Agreement, by giving the ‘hve Party 30 days prior written notice eS ERNE © Copngit 2018 Standara Cranes Ban Argh reerves 182 183 154 158 187 rr 16. 164 182 183 164 Standard Chartered § Termination by Us: We may terminate the whole orany partofa ‘Transaction, Service or he Agreement immediatly without prot netics (3) You broach any term ofthe Agreement or any other ‘agreement between the Pare: (b) IL You are the subject of any IneoWvancy Proceedings in felaion to allor any pat of Your revenve or assets, (6) fits or ely to bacome unlaw fr either You o Us to perform our respecte obbgatione uncer the Agroerant, |) tfcomplyng wth he Agreement may cause Us to bresch any lau (6) _uponthe oveurence of any ereumstance affecting You or ‘the Service which We reasonably consider exceptonal: of (9 11You are an individual or a sole proprietor, such person ‘es or becomes neapactated (ur suspension We may suspend a Trensacion andor Service atany tme If We do, We vl Hoty You 8s eon as practeable ‘Your request to suspend Wewillsuspend the whole or any part ofa Service on Your request in wating Instructions prior to_ termination or suspension Any Instcucion given or any Transacton made prior to or at he me of termination o suspension wail not aflect a person's accrued rights and labaties uniess othersse agreed Surviving provisions. The provisions relating to clawtacks, indersties,iaton otlabiy, cisclosure ofaformation, set-of, currency conversions, taxes, retum or destruction of materia, fovering law and junedetion and the provitone under the easing, General surve termination of any Agreement Force Majeure: We may suspend proving any Service until a Force Majeure event has ceased, Retum or destruction of materials. Upon termination of the Agreement or closure ofan Account, You must (a) retum any materia relating tothe Sewvice We gave You ana (6) promptly tolow Our reasonable instructions in connection ‘eth terminating the Service oF closing the Account ans Cer fo Us in wring that thas been done and sign and retum any document We reasonably request Partnerships and Sole Proprietorships Liability: For parnershps, all parners (on a out and several basis} are bound by the Agieement, and lable for al debis and other lables owed by You to Us even i there are any ‘changes in Your parnership or You implement a name change, For sole propnetorehps, the inawisual constituting the sole ‘ropretorship s aie for all debis and other lables owed by You to Us even if there are any changes in the way the sole proprietorship ws constituted, You implementa name change or the sole proprietorship no anger exists ‘Cessation as partner Any person whe stops being 2 pares for ‘any reason remain lisle forall debts and other Habiliies You ‘ove Us which have accrued Up fo and incising the date that ‘such person ceases to be a partner. Continued dealings: Uniess You tell Us ethene in wating. ‘We may teat the remaining andior new parners as having fl authorty to act on Your behalt Notification of changes: You must promot notiy Us in wring (CB Stancarsarms_ltegated.2016.vi1 PageSt7 Standard Terms 7. m 73 18. 184 182 18. 194 192 13 ea Governing Law and Jurisdiction Governing law “The contractul relationship between the Parties relating to fa) the opening end operation of Accounts. w governed by the laws ofthe Serves Location in ehich an AecoUrE ‘maintained Services tther than Services relating fo the opening and ‘operation of Accounts) proved to Chent Group Member tmone Serves Location, ss governed by the lav of thst Servee Location: and Services (other than Seruices relating tothe opening and ‘operation o Accounts} proved te Cent Group Members inmore thanene Service Location. governed by thelavs ‘of England, starting Irom when the Services are provided of are to be provided in the eecond Sernce Location, ‘ut not retrospestvely and continue to apply evan ithe numberof Service Locations reduces lo one o © Juriedietion (2) The Parties submtto the non-exclusive jurisdiction ofthe cous ofthe junssction whose governing law applies In addition to Our nights under sub-paragraph (a) above, ‘We may ‘ake enforcement asvon any jeden where ‘You perform Your business or have any assets Waiver of immunity You erovoeatly wave any sovereign and tiher immunty You may have Ie any juredieton from legal proceeding, tachment betore ot afer judgment or execution tjudgment Process Agent Appointment of agent: if We request. You vill wrevocably appoint» process agent as Your agenttorecewe any document tna court action in connection vith the Agreement and not Us of the name ari axdress of the agant if You filto appoint such agent winin 7 Banking Days {in the relevant Service Location). We may appoint 2 prozess agers for You and Noy You secordingly Replacement agent: if thet person i= no longer Your agent for thal purpose, 2 replacement agent mist be appomied imeciately and You must nobly Us of he replacement agents name and address, IfYou fa 10 comply, We may apport a new Spent for You We wil Notify You of tne name and address of the replacement ager. General ther service providers: We may engage thré party sence providers, meling peyment, cleacng er setlement systems, ‘leenng houses, payment Inermadiaries. financial insttions. mobile walet providers and couners, wnether as mdependent Contractors, sub-corractors of agenis, in eomection vith a Service We shal not balabie for any ae or omission of any such sence provider, melsing is insolvency Service Level Agreement: Unless otherwase agreed, a Service Level Agreemant nas no legal eet. Intellectual Property Rights: All fclecual Property Rights inthe System Matenals or Our website reman vested in Us fF any leenear of her person We have contacted with. You ‘mutt not change, secomple, reverse engineer of make copies Crdervative works of any Soforare or rarieve with any Systems Haters of information stores on Luu aster. snare or sub- eee ‘© Copy 2015 Sando Cnanerea Bsn Al gH reseneo Standard ‘Chartered 184. No breach: Nothing n the Agreement obliges Us to door oavt to do anything itt would or might In Our reasonable opinion conettte breach of any applicable law. Exclusions: Except as expresly set out nthe Agreement, the Services an the System Htovals are provided on an “36 c* nae avaiable” basis and a ets, contons ans warranties fnpcose of kmpied bylaw vlaing to the Services or the System Hlatertale cluding but nol Ite to qualey. avatabéey. secunty and fines for purpose are excluded fo the evtent permits by ‘appeabie axe ‘Banking Day: We wal only act on any Instruction oF perform any ‘Senice on a Bankng Day nthe relevant Service Locations). 195 Records and certificates and other information being conclusive: A Our records of Your instructons or repors, tartifeates an ether information We provide You are based on (ur recorés and are concluswe inthe absonce of marfesteror {Any rata. proe of an amouré oving to of by You as Holified by Us's conclusive nthe absence of mandest eet 18. Entire agreement and non reliance: The Agreement i the fire agreement between the Parkes sbout is subject mater nd replaces al previous agreements Between the Parties on that subject matter and You nave nat relied on any oral or writen representation or warrenty made. of purportedly made, by US of ‘on Our behalf except as sa out in such Agreement Inconsistency, tfthere is any inconsistency between (a) these Standard Tens and the relevant Service Supplements ot anyother terms and conditions referred to many Application Form the later prevails, these Standard Terms and the relevant County ‘Supplement, the Courtry Supplement prevais. arc le) the English version ofthe Agreement and any vanslaons ‘the Englch version prevals. 49/10 Changes: We may change the Agreement or any Service and wil [Nott You of such change andthe effective cate of such change 1911 Severability: if any tarm of the Agreement is invabd ‘unenforceable or lagat na jurisdiction, ony that tems severed for that ynsaiction 49 12 Cumulative rights: The Parties! nghts under the Agreement are in adsinon to any ether nghis, independent of te Agreement. 4919 Exercise of rights: We donot exeraise anght orremedy under the Agreement, We may sil exercise te, 4814 Counterparts: The Agreement may consis of a number of copies, each signed by one or more Paris fo such Agreement ‘Such signed copies form one documert. 19/15 Thre party rights: Unless stated ctharwise Inthe Agreement (a) apergonat pry tothe Agreement hae no ght enjoy or enforce any bent under i and the consent of any person not 3 pay tothe Agreement nol required o amend such Agreerer co ° ® 20. 201 Intermediaries You are an inermediary acting fra third paty, You (@) represent to Us that You have (i) setslactonty perormed all knowyeu-customer ‘and other entmaney laundenng checks. in ‘ecardance wih any applicable law or ary act of ‘order of any Authonty and Your intemal poliies Uiseuding verfeation ofthe thd party's wentty fd source of une and nate of such thi party's transactions). and ‘ppropnate processes to detest and report any ‘suspicious sett involving the thd pany, ane ' a (C8 StancncTerre Mogated 2016.71 Papesot? Standard Standard Terms Chartered (©) Wl keep the formation obtamned under sub-paragraph {@) above up to date De cenecaee © Copyngs 2013 Sanda Cnarores fake Alighis eseNved (CB Stancararme tegrated 2016.11 Pape To 32 33 34 35 26 Introduction ‘The Standara Terme are incorporated into hese Account Terms, Definitions ‘Copiaise terme uted but pot desires m these Account Terms: hve the meanings set ou inthe Standard Tecms “Account Opening Application Form’ mans Gur Appleton Fem thch You sgh to open an Account. ‘Cash Deposit” maans a depost made by cath or electron wranster Coletion’ mesns fr any Non-Cash Depostthe process where \ie obtan or try to obtain payment in cleared and unconditional funds from the relevant dreverpayer and ‘Collect’ hes the corresponaing meaning “Deposit” means any deposi of money made by You oran Your penal ino an Account, Master Account’ means an Account You designate fr Virtual ‘Account Numbers tobe credited ‘Non-Cash Deposit means Deposit made other than by cs orelecttonictrenstor viral Account Numbers” means virtual account numbers wien We provide for You to assign fo Your payers “withdrawal meane any withdraval or tsnsier made by You er ‘on Your behalf rom an Account Deposits Ccash Deposits. We vill creat the relevant Account veh an ‘amount egunalent to any Cash Depast Any amount sianing 0 the eradtof an Account le only repayable athe Service Location ‘were such Account i mainiaines Non-Cash Deposits: The amount of 2 Non-Cash Oepest vl be credited tothe Aezount when presented o Us for Collection but You wil not be entitles to Withdraw or transfer the smount Greites belore We recewe full and Snel payment unless We ‘envise perma. Credit: We may at Our discretion, we mmeciale credit for Hon Gash Dapost upto int (specified by Us) and respective of ‘ether or nat We have recewved payment Uneleared Deposits: Wemay decine tocredit Your Accounts ‘ne value of ary Non-Cash Dapostrecewed stancing uneleared In such event, We vil tum such Ner-Cash Dapost to You or requested by You. e-preeent sen Non-Cash Depost fo! Colston Debiting Your Accounts: We may test eny Non-Cash Deposit ‘where no value ie recawed by Us win 14 days (or such other lime a8 may ba agreed) a8 Being unpac! All charges incurred including exchange rate

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