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Betingelser for Danske Netbank Erhverv Master - Danske Bank

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<strong>Danske</strong> <strong>Bank</strong> A/S. CVR No. 61 12 62 28 - KøbenhavnThis is a translation of an original document in the Danish language. In case of discrepancies, the Danish version prevails.cuted on the specified date (see 1.2 Cut-off times,booking date and value date).If you have ordered an international payment, youmay get a message, along with our confirmationthat we have received your order, stating that wewill send you a text message with a code to themobile phone number you have registered in your<strong>Danske</strong> e<strong>Bank</strong>ing solution. The text message willstate the amount you are transferring and a codewhich you must enter in your <strong>Danske</strong> e<strong>Bank</strong>ingsolution. If the code is not entered, the bank maychoose not to complete the order.We are not obliged to execute orders <strong>for</strong> whichcover is insufficient or which cannot be executedbecause of incomplete in<strong>for</strong>mation. We are alsonot obliged to execute orders if you or your mandatoris subject to bankruptcy, reconstruction orother insolvency proceedings; or opens negotiations<strong>for</strong> rescheduling of debt, debt relief or acomposition with creditors, including a request<strong>for</strong> a voluntary composition with <strong>Danske</strong> <strong>Bank</strong> orany other creditor. Similarly, we are not obligedto execute orders if you or your mandator dies.1.2 Cut-off times, booking date and value dateA number of cut-off times apply to the receiptof orders. See the Useful In<strong>for</strong>mation menuitem in <strong>Danske</strong> e<strong>Bank</strong>ing <strong>for</strong> cut-off times <strong>for</strong>the various services.1.3 Securities tradingSecurities trades with us are subject to ourTerms and conditions <strong>for</strong> trading in financialinstruments.Orders <strong>for</strong> the purchase or sale of securitiesthrough <strong>Danske</strong> e<strong>Bank</strong>ing can be executed asan immediate trade, an average-price trade ora market order with or without a limit.Immediate trades and average-price trades aremade with <strong>Danske</strong> <strong>Bank</strong> as seller or buyer.Market orders with or without a limit traded ona commission basis are executed by us in ourown name but <strong>for</strong> the customer’s account. Wemay, however, act as a party to a trade. Underthe Commissions Act, we are then contracting<strong>for</strong> our own account.You can enter orders into <strong>Danske</strong> e<strong>Bank</strong>ingfrom 6.00am to 12.00 midnight. We consideran immediate trade to have been concludedwhen you have accepted the price and sent theorder to us via <strong>Danske</strong> e<strong>Bank</strong>ing.You can execute immediate trades in selectedshares and bonds though <strong>Danske</strong> e<strong>Bank</strong>ingfrom Monday to Friday during the followingperiods (CET):Denmark 9.00am – 10.00pmUSA 3.30pm – 10.00pmSweden 9.30am – 5.30pmNorway 10.00am – 4.00pmFinland 9.30am – 4.30pmSwitzerland 9.00am – 5.00pmThe Netherlands 9.00am – 4.30pmOther Europeanexchanges 9.00am – 5.30pmTrades executed on a commission basis with orwithout a limit are, if possible, executed between9.00am and 10.00pm (CET), depending on theopening hours of the relevant exchange.Page 2 of 10<strong>Danske</strong> <strong>Bank</strong>, Holmens Kanal 2-12, DK-1092 København KTel. +45 33 44 00 00, fax +45 70 12 10 80

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