User Manual

PRIORITY BANKINGSERVICES ANDPRIVILEGESLOCAL TERMS ANDCONDITIONSamount of which ("Service Charge") shall be determined by StandardChartered Bank at its sole discretion from time to time. Any servicecharge will be debited from Priority Banking Customer's DesignatedAccount ("Designated Account"). The designated account shall be aforeign currency remittance account and may not be a joint account.9.5 Priority Banking Customer shall bear any correspondent chargeswhen using the Service.9.6 Priority Banking Customer agrees to provide such documents and totake such action as may be required by Standard Chartered Bank forverification and validation purposes. In addition to the application formfor the Service, Priority Banking Customer agrees to complete andexecute any other documents required by Standard Chartered Bank.9.7 All applications are subject to the approval of Standard CharteredBank and Standard Chartered Bank is entitled to reject anyapplication at its sole discretion without giving any reason therefore.Standard Chartered Bank is not obliged under any circumstancesto process any emergency cash application submitted to it outsideof its normal banking business hours in the country in which theapplication bank is situated.9.8 Upon approval of the Application by Standard Chartered Bank, anamount equivalent to the amount of cash applied for by PriorityBanking Customer pursuant to the Service (the "Emergency CashAmount") will be debited from the Priority Banking Customer'sdesignated account at such time as Standard Chartered Bank maydetermine at its sole discretion.9.9 The emergency cash amount will be paid in the currency of thecountry in which the application bank is located or such othercurrency as Standard Chartered Bank may determine at its solediscretion.9.10 If the amount held in Priority Banking Customer's designatedaccount is in a currency other than the currency in which theemergency cash amount is be paid to respective Priority BankingCustomer pursuant to the Service, Standard Chartered Bank willconvert the emergency cash amount and any service charge intothe currency of the amount held in Priority Banking Customer'sdesignated account at such time as Standard Chartered Bankmay determine at its sole discretion and at a rate of exchangewhich Standard Chartered Bank reasonably considers appropriateat its sole discretion before debiting Priority Banking Customer'sdesignated account.10 Services Provided by Third PartiesFrom time to time the Bank may introduce Priority BankingCustomer to other Priority Banking privileges and service providedby third parties. Any services provided by third parties are subjectto their terms and conditions and the Bank will not be liable for anyloss that Priority Banking Customer incurs in connection with suchservices.11 Unless the Bank is legally prohibited from excluding or limitingliability, it will not be liable for any loss, damage, claims, liability,costs (including legal costs) charges and expenses that PriorityBanking Customer incurs in connection with the associated service,howsoever caused and whether or not reasonably foreseeable,except direct loss due to fraud or wilful negligence by the Bank.12 Nothing in these terms and conditions will affect or limit theBank's rights under all other terms, conditions and/or rules (the"Banking Agreement") from time to time applicable to PriorityBanking Customer's Priority Banking account and/or governingthe relationship between Priority Banking Customer and the Bank.Priority Banking Customer agrees to be bound by these terms andconditions and all marketing materials relating to related services. Inthe event of any inconsistency between these terms and conditionsand the "Banking Agreement", these terms and conditions willprevail insofar as they relate to services stipulated in these termsand conditions.13 The Bank is entitled to modify, suspend or terminate the servicesstipulated in these terms and conditions and amend these terms andconditions at any time without notice to Priority Banking Customer.Priority Banking Customer will not hold the Bank liable for anysuch modification, suspension, termination or amendment and theBank will not be required to furnish reasons for such modification,suspension, termination or amendment.14 These terms and conditions will be governed by and construed inaccordance with the laws of the People's Republic of China andPriority Banking Customer agrees to submit to the non-exclusivejurisdiction of the courts of the People's Republic of China.15 The Bank reserves ultimate right to explain the above terms andconditions. The English translation of these terms and conditions isprovided for Priority Banking Customer's reference only and shouldnot be regarded as any undertakings and warranties of the Bankunder any situation. The Chinese version shall prevail for all purposesin the event of any inconsistency between the English and Chineseversions of these terms and conditions..Priority Banking Customeris advised to consult with the independent third party for the propertranslation of the Chinese version.