Common use of Costs, Fees and Charges Clause in Contracts

Costs, Fees and Charges. 10.1 The Bank may (a) debit the Account(s) with the full amount of or (b) demand that you pay to the Bank in such manner as the Bank may impose and stipulate from time to time (as the case may be) any charges, commissions, stamp duty, fees or any other costs and expenses, interest, withholding or other taxes and penalties (including without limitation legal fees on a full indemnity basis and stamp fees) payable by you to the Bank in respect of : (a) any Products and/or Services; (b) any liability of any nature arising in respect of the Wealth Account or otherwise; (c) any overdrawn sums on the Account(s); (d) the performance, protection, preservation or enforcement of the Bank’s rights under the Agreement; or (e) any goods and services tax or other taxes or levies now or hereafter imposed by law, both within or outside Malaysia or required to be paid in respect of any monies payable to or received or receivable by the Bank or any expenses incurred by the Bank. 10.2 The fees and charges are available from the Bank's branches, website or any other delivery channel of the Bank. The Bank may vary such fees and charges with prior notice. You may continue to operate the Wealth Account and the applicable Account(s), Products and Services or make use of the same only if you agree with such revised rate of charges or fees without reservation. 10.3 A charge at the amount stated in the Bank's fees and charges guide will be levied if the Wealth Portfolio remain inactive for such duration as the Bank may prescribe from time to time or if you close your Wealth Account within such time period as the Bank may prescribe from time to time. 10.4 In the case of unit trust investment services, you acknowledge that fund management companies and funds would pay monies (by way of commissions, discounts, fees or otherwise) to the Bank in connection with or in relation to the issue of Units to or for you or other dealings in respect of or relating to the Funds or Units. You agree that the Bank may retain such commission, discounts, fees or otherwise received by the Bank for its benefit and without any obligation to account to you.

Appears in 3 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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Costs, Fees and Charges. 10.1 15.1 The Bank may (ai) debit the Account(s) with the full amount of or (bii) demand that you pay to the Bank in such manner as the Bank may impose and stipulate from time to time (as the case may be) any charges, commissions, stamp duty, fees or any other costs and expenses, interest, withholding or other taxes and penalties (including without limitation legal fees on a full indemnity basis and stamp fees) payable by you to the Bank in respect of : (a) a. any Products and/or Services; (b) b. any liability of any nature arising in respect of the Wealth Account Account(s) or otherwise; (c) c. any overdrawn sums on the Account(s); (d) d. the performance, protection, preservation or enforcement of the Bank’s rights under the Agreement; or (e) e. any goods and services tax or other taxes or levies now or hereafter imposed by law, both within or outside Malaysia or required to be paid in respect of any monies payable to or received or receivable by the Bank or any expenses incurred by the Bank. 10.2 15.2 The fees and charges are available from the Bank's branches, website or any other delivery channel of the Bank. The Bank may vary such fees and charges with prior notice. You may If you continue to operate the Wealth Account and the applicable Account(s), Products and Services ) or make use of the same only if Services, you agree with shall be deemed to have agreed to such revised rate of charges or fees without reservation. 10.3 15.3 A charge at the amount stated in the Bank's fees and charges guide will be levied if you fail to maintain the Wealth Portfolio minimum balance required for the Account(s) or if the Account(s) remain inactive for such duration as the Bank may prescribe from time to time or time. Charges at the amount stated in the Bank's fees and charges guide may also be levied if you close your Wealth Account any Account(s) within such time period as the Bank may prescribe from time to time. 10.4 15.4 In the case of unit trust investment servicesUnit Trust Investment Services, you acknowledge that fund management companies Fund Management Companies and funds Funds would pay monies (by way of commissions, discounts, fees or otherwise) to the Bank in connection with or in relation to the issue of Units to or for you or other dealings in respect of or relating to the Funds or UnitsFund. You agree that the Bank may retain such commission, discounts, fees or otherwise received by for the benefit of the Bank for its benefit and without any obligation to account to youyou any commission, discount, fees or otherwise which the Bank may receive from any Fund Management Companies or any Fund or other persons in connection with or in relation to the dealing of Units or other transactions done or carried out by you with or through the Bank or using Unit Trust Investment Services or any other dealings in respect to the Funds and Units.

Appears in 1 contract

Samples: Terms and Conditions

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