CONDITIONS FOR THE TERMINATION OF THE ACCOUNT. The general terms of remuneration applicable to the Account, including the value dates applied by the Bank, are detailed in the Tariff Conditions of Professionals. The Accounts are closed each calendar month (except for different periods of time accepted by the Bank) for the calculation of interest expense related to the eventual operation of the Account by overdraft. Each transaction entered into the Account has two dates, namely the date of entry in the account corresponding to that of its accounting record, and the value date which is the effective date for the calculation of interest in accordance with the tariff conditions of professionals. The value date is thus an element of the billing of services provided by the Bank. Debit interest, in addition to fees and expenses as detailed in the Professionals Tariff Terms, are due to the Bank when the Account shows a debit balance in value. The payment of any interest expense and these fees and expenses is made by debiting the Account (s) at the same frequency as that provided for the account. The value date is the first day after the period to which the settlement relates. Interest thus debited becomes an item of the Account. The Client is informed of the conventional interest rate, the details of the commissions, fees and taxes, as well as the Global Effective Rate (GER), by means of information given on his account statements, unless he has asked to receive a specific statement of interests and commissions called "statement of interests and commissions". In the latter case, this information appears on this statement of interests and commissions. Unless waived, the calculation of the interest expense is made on the daily balances by the value of each chapter of the Account (s) according to the number method, each of the debit balances in value being multiplied by its duration in days referred to a year. conventional of three hundred and sixty (360) days. The interest rate applied will be that conventionally agreed between the Bank and the Client. This conventional rate consists of an index and an increase applied to the Customer. In case of the negative value of the index, the value of the index will be deemed to be equal to zero, and only the increase will be applied to the Customer. In the event of a non-formalized overdraft situation, the Client accepts that the Bank applies the conventional rate shown on the statement of account, which may vary at any time. This conventional rate appearing on the state...
