Common use of CONFIDENTIALITY. BANKING SECRECY Clause in Contracts

CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes to ensure the preservation of data (information) about the Client, which, in accordance with the Legislation requirements, is recognized as banking secrecy. The Bank shall be held liable for unlawful disclosure (disclosure) or usage of data (information) that contains banking secrecy in accordance with the requirements and in accordance with the procedure established by the Law. The Bank shall have the right to disclose banking secrecy in the cases and in accordance with the procedure provided by the Legislation and this Agreement. 7.2. By signing the Banking Services Application, the Client entitles the Bank to transfer information about him, which is banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, third parties who, in accordance with the legislation, are entitled to such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusively, rating agencies, audit firms, that shall verify/rate the Bank, any natural or legal person, in order to exercise the Bank's rights as a creditor, as well as in case when it is necessity to protect Bank's rights and interests, including those persons, who will provide the Bank with services for collection of arrears under the Agreement and/or carry out other actions related to the realization of Bank's rights under the Agreement, to other persons in order to comply with the Legislation requirements, the Agreement and other agreements between the Client and the Bank. 7.3. The Bank is part of the OTP group, which includes OTP Bank (Hungary), its local and foreign subsidiaries and their subsidiaries (OTP Group). OTP Group companies are constantly exchanging information through a common information system, the task of which is to minimize general group risks. The Client authorizes the transfer of information about him and/or any of his affiliated companies (including, but not limited to, confidential information and banking secrecy) inside the OTP Group for the confidential use. The mentioned information may be transmitted, in particular, in regards to the provision of any service or banking product to the Client, as well as for data processing purposes, statistical analysis and risk analysis. This authorization applies to the Bank, other members of the OTP Group in Hungary and abroad, which are organized and operate as the one bank. 7.4. The Client permits the Bank to disclose confidential information about him (information containing banking secrecy) to the audit company(ies), and mentions such information in a corresponding electronic message sent to the Bank through the Client-Bank System. 7.5. In order to comply with the Legislation requirements and to make sure the Bank uses enough measures to prevent and counteract to legalization (laundering) of the proceeds of crime, terrorist financing, and financing proliferation of weapons of mass destruction, the Client authorizes the Bank to collect, store, use, transmit and disclose confidential information about him (information containing banking secrecy) on requests from banks, correspondent banks, including, but not limited to: information on the origin of funds, issuing of account statements; information on bank's clients identification - individuals and legal entities (including information about the management bodies and their composition; the data identifying the persons who have the right to dispose of the accounts and property; information about the controllers of the legal entity); necessary information for another bank to ascertain the essence and purpose of conducting its client's financial transaction (operations) or reconfirm information provided by the client; other requested information required by the bank to prevent risky activities.

CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes to ensure the preservation of data (information) about the Client, which, in accordance with the Legislation requirements, is recognized as banking secrecy. The Bank shall be held liable for unlawful disclosure (disclosure) or usage of data (information) that contains banking secrecy in accordance with the requirements and in accordance with the procedure established by the Law. The Bank shall have the right to disclose banking secrecy in the cases and in accordance with the procedure provided by the Legislation and this Agreement. 7.2. By signing the Banking Services Application, the Client entitles the Bank to transfer information about him, which is banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, third parties who, in accordance with the legislation, are entitled to such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusively, rating agencies, audit firms, that shall verify/rate the Bank, any natural or legal person, in order to exercise the Bank's rights as a creditor, as well as in case when it is necessity to protect Bank's rights and interests, including those persons, who will provide the Bank with services for collection of arrears under the Agreement and/or carry out other actions related to the realization of Bank's rights under the Agreement, to other persons in order to comply with the Legislation requirements, the Agreement and other agreements between the Client and the Bank. 7.3. The Bank is part of the OTP group, which includes OTP Bank (Hungary), its local and foreign subsidiaries and their subsidiaries (OTP Group). OTP Group companies are constantly exchanging information through a common information system, the task of which is to minimize general group risks. The Client authorizes the transfer of information about him and/or any of his affiliated companies (including, but not limited to, confidential information and banking secrecy) inside the OTP Group for the confidential use. The mentioned information may be transmitted, in particular, in regards to the provision of any service or banking product to the Client, as well as for data processing purposes, statistical analysis and risk analysis. This authorization applies to the Bank, other members of the OTP Group in Hungary and abroad, which are organized and operate as the one bank. 7.4. The Client permits the Bank to disclose confidential information about him (information containing banking secrecy) to the audit company(ies), and mentions such information in a corresponding electronic message sent to the Bank through the Client-Bank SystemInternet Banking System "OTP Online". 7.5. In order to comply with the Legislation requirements and to make sure the Bank uses enough measures to prevent and counteract to legalization (laundering) of the proceeds of crime, terrorist financing, and financing proliferation of weapons of mass destruction, the Client authorizes the Bank to collect, store, use, transmit and disclose confidential information about him (information containing banking secrecy) on requests from banks, correspondent banks, including, but not limited to: information on the origin of funds, issuing of account statements; information on bank's clients identification - individuals and legal entities (including information about the management bodies and their composition; the data identifying the persons who have the right to dispose of the accounts and property; information about the controllers of the legal entity); necessary information for another bank to ascertain the essence and purpose of conducting its client's financial transaction (operations) or reconfirm information provided by the client; other requested information required by the bank to prevent risky activities.

CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes is obliged to ensure the preservation of data information (information) about the Client, which, in accordance with the Legislation requirementsrequirements of the Legislation, is recognized as banking bank secrecy. The Bank shall be held liable is responsible for unlawful the illegal disclosure (disclosure) or usage use of data information (information) that contains banking secrecy secrets in accordance with the requirements and in accordance with the procedure manner established by the Law. The Bank shall have has the right to disclose banking bank secrecy in the cases and in accordance with the procedure manner provided by the Legislation and this Agreement. 7.2. By signing the Banking Services ApplicationApplication for the provision of banking services/Cash Document, the Client entitles gives permission to the Bank to transfer information about him, which is constitutes banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, and third parties who, in accordance with the legislationLegislation, are entitled have the right to receive such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusivelylimited to, rating agencies, audit firms, auditing companies that shall verifywill carry out an inspection/rate rating of the Bank, any natural or and legal person, in order to exercise persons for the purpose of exercising the Bank's rights as a creditor, as well as in the case when it is necessity of the need to protect the Bank's rights and interests, including those persons, persons who will provide the Bank with debt collection services for collection of arrears under the Agreement and/or carry out other actions related to the realization implementation of the Bank's rights under the Agreement, to other persons in order to comply with fulfil the Legislation requirementsrequirements of the Legislation, the Agreement and and/or other agreements concluded between the Client and the Bank. 7.3. The Bank is part of the OTP groupGroup, which includes OTP Bank (Hungary), its local and foreign subsidiaries branches and their subsidiaries (the OTP Group). Companies of the OTP Group companies are constantly exchanging exchange information through a common information system, the task of which is to minimize general the risk of the group risksas a whole. The Client authorizes the transfer for confidential use of information about him and/or any of his affiliated companies subsidiaries (including, but not limited to, confidential information and banking secrecybank secret information) inside within the OTP Group for the confidential useGroup. The mentioned specified information may be transmittedtransferred, in particular, in regards to connection with the provision of any service or banking product to the Client, as well as for the purposes of data processing purposesprocessing, statistical analysis and risk analysis. This authorization applies to the Bank, other members of the OTP Group in Hungary and abroad, which are organized and operate function as the one a single bank. 7.4. The Client permits gives the Bank permission to disclose confidential information about him (information containing banking secrecybank secrets) to the audit company(iescompany(s), and mentions such information which he will indicate in a the corresponding electronic message notification sent to the Bank through using the Client-Bank SystemClient- Bank. 7.5. In order to comply with the requirements of the Legislation requirements and to make sure the Bank uses enough Bank's use of sufficient measures to prevent and counteract to counter the legalization (laundering) of the proceeds of crime, terrorist financing, the financing of terrorism and the financing of the proliferation of weapons of mass destruction, the Client authorizes grants the Bank permission to collect, store, use, transmit transfer and disclose confidential information about him it (information containing banking secrecysecrets) on requests from at the request of banks, correspondent banks, including, including but not limited to: information on the origin of funds, issuing provision of account statements; information on regarding the identification of the bank's clients identification Clients - individuals and legal entities (including information about the management bodies and their composition; the data identifying the persons who have the right to dispose of the accounts and property; information about the controllers of the a legal entity); necessary information for required by another bank to ascertain clarify the essence and purpose of conducting its client's the financial transaction (operationstransactions) carried out by its Client or reconfirm to check the information provided by the clientClient; other requested information required by information, which is necessary for the bank to prevent risky activities.

CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes is obliged to ensure the preservation of data information (information) about the Client, which, in accordance with the Legislation requirementsrequirements of the Legislation, is recognized as banking bank secrecy. The Bank shall be held liable is responsible for unlawful the illegal disclosure (disclosure) or usage use of data information (information) that contains banking secrecy secrets in accordance with the requirements and in accordance with the procedure manner established by the Law. The Bank shall have has the right to disclose banking bank secrecy in the cases and in accordance with the procedure manner provided by the Legislation and this Agreement. 7.2. By signing the Banking Services ApplicationApplication for the provision of banking services/Cash Document, the Client entitles gives permission to the Bank to transfer information about him, which is constitutes banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, and third parties who, in accordance with the legislationLegislation, are entitled have the right to receive such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusivelylimited to, rating agencies, audit firms, auditing companies that shall verifywill carry out an inspection/rate rating of the Bank, any natural or and legal person, in order to exercise persons for the purpose of exercising the Bank's rights as a creditor, as well as in the case when it is necessity of the need to protect the Bank's rights and interests, including those persons, persons who will provide the Bank with debt collection services for collection of arrears under the Agreement and/or carry out other actions related to the realization implementation of the Bank's rights under the Agreement, to other persons in order to comply with fulfil the Legislation requirementsrequirements of the Legislation, the Agreement and and/or other agreements concluded between the Client and the Bank. 7.3. The Bank is part of the OTP groupGroup, which includes OTP Bank (Hungary), its local and foreign subsidiaries branches and their subsidiaries (the OTP Group). Companies of the OTP Group companies are constantly exchanging exchange information through a common information system, the task of which is to minimize general the risk of the group risksas a whole. The Client authorizes the transfer for confidential use of information about him and/or any of his affiliated companies subsidiaries (including, but not limited to, confidential information and banking secrecybank secret information) inside within the OTP Group for the confidential useGroup. The mentioned specified information may be transmittedtransferred, in particular, in regards to connection with the provision of any service or banking product to the Client, as well as for the purposes of data processing purposesprocessing, statistical analysis and risk analysis. This authorization applies to the Bank, other members of the OTP Group in Hungary and abroad, which are organized and operate function as the one a single bank. 7.4. The Client permits gives the Bank permission to disclose confidential information about him (information containing banking secrecybank secrets) to the audit company(iescompany(s), and mentions such information which he will indicate in a the corresponding electronic message notification sent to the Bank through using the Client-Bank SystemClient- Bank. 7.5. In order to comply with the requirements of the Legislation requirements and to make sure the Bank uses enough Bank's use of sufficient measures to prevent and counteract to counter the legalization (laundering) of the proceeds of crime, terrorist financing, the financing of terrorism and the financing of the proliferation of weapons of mass destruction, the Client authorizes grants the Bank permission to collect, store, use, transmit transfer and disclose confidential information about him it (information containing banking secrecysecrets) on requests from at the request of banks, correspondent banks, including, including but not limited to: information on the origin of funds, issuing provision of account statements; information on regarding the identification of the bank's clients identification Clients - individuals and legal entities (including information about the management bodies and their composition; the data identifying the persons who have the right to dispose of the accounts and property; information about the controllers of the a legal entity); necessary information for required by another bank to ascertain clarify the essence and purpose of conducting its client's the financial transaction (operationstransactions) carried out by its Client or reconfirm to check the information provided by the clientClient; other requested information required by information, which is necessary for the bank to prevent risky activities. 7.6. By signing the Application for the provision of banking services/Cashier Document, the Client gives the Bank permission for the Bank to provide other payment service providers with information containing bank secrets, commercial secrets, payment service provider secrets, financial monitoring secrets.

CONFIDENTIALITY. BANKING SECRECY. 7.1. The Bank undertakes to ensure the preservation of data (information) about the Client, which, in accordance with the Legislation requirements, is recognized as banking secrecy. The Bank shall be held liable for unlawful disclosure (disclosure) or usage of data (information) that contains banking secrecy in accordance with the requirements and in accordance with the procedure established by the Law. The Bank shall have the right to disclose banking secrecy in the cases and in accordance with the procedure provided by the Legislation and this Agreement. 7.2. By signing the Banking Services Application, the Client entitles the Bank to transfer information about him, which is banking secrecy, to the enterprises, institutions, organizations, state authorities, state registrars, third parties who, in accordance with the legislation, are entitled to such information or who are in contractual relations with the Bank and/or have entered into an agreement with the Bank regarding the non-disclosure of confidential information, including, but not exclusively, rating agencies, audit firms, that shall verify/rate the Bank, any natural or legal person, in order to exercise the Bank's rights as a creditor, as well as in case when it is necessity to protect Bank's rights and interests, including those persons, who will provide the Bank with services for collection of arrears under the Agreement and/or carry out other actions related to the realization of Bank's rights under the Agreement, to other persons in order to comply with the Legislation requirements, the Agreement and other agreements between the Client and the Bank. 7.3. The Bank is part of the OTP group, which includes OTP Bank (Hungary), its local and foreign subsidiaries and their subsidiaries (OTP Group). OTP Group companies are constantly exchanging information through a common information system, the task of which is to minimize general group risks. The Client authorizes the transfer of information about him and/or any of his affiliated companies (including, but not limited to, confidential information and banking secrecy) inside the OTP Group for the confidential use. The mentioned information may be transmitted, in particular, in regards to the provision of any service or banking product to the Client, as well as for data processing purposes, statistical analysis and risk analysis. This authorization applies to the Bank, other members of the OTP Group in Hungary and abroad, which are organized and operate as the one bank. 7.4. The Client permits the Bank to disclose confidential information about him (information containing banking secrecy) to the audit company(ies), and mentions such information in a corresponding electronic message sent to the Bank through the Client-Bank System. 7.5. In order to comply with the Legislation requirements and to make sure the Bank uses enough measures to prevent and counteract to legalization (laundering) of the proceeds of crime, terrorist financing, and financing proliferation of weapons of mass destruction, the Client authorizes the Bank to collect, store, use, transmit and disclose confidential information about him (information containing banking secrecy) on requests from banks, correspondent banks, including, but not limited to: information on the origin of funds, issuing of account statements; information on bank's clients identification - individuals and legal entities (including information about the management bodies and their composition; the data identifying the persons who have the right to dispose of the accounts and property; information about the controllers of the legal entity); necessary information for another bank to ascertain the essence and purpose of conducting its client's financial transaction (operations) or reconfirm information provided by the client; other requested information required by the bank to prevent risky activities.