Common use of Current Account Clause in Contracts

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this Contract, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment of an outstanding credit or liability regarding the Bank (if the debt or liability are in a foreign currency, the equivalent sum shall be determined according to the exchange rate defined for the Bank at the time of write-off). 4.16.3 In the cases under the applicable laws and/or contract, Contract, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-e- application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Agreement. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations. 4.8. Partial fulfillment of a payment order shall not be acceptable; 4.9. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this ContractAgreement, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment of an outstanding credit or liability regarding the Bank (if the debt or liability are in a foreign currency, the equivalent sum shall be determined according to the exchange rate defined for the Bank at the time of write-off). 4.16.3 In the cases under the applicable laws and/or contract, Contractagreement, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Agreement. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations. 4.8. Partial fulfillment of a payment order shall not be acceptable; 4.9. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this ContractAgreement, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment of an outstanding credit or liability regarding the Bank (if the debt or liability are in a foreign currency, the equivalent sum shall be determined according to the exchange rate defined for the Bank at the time of write-off). 4.16.3 In the cases under the applicable laws and/or contract, Contractagreement, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-e- application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Agreement. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations. 4.8. Partial fulfillment of a payment order shall not be acceptable; 4.9. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this ContractAgreement, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment of an outstanding credit or liability regarding the Bank (if the debt or liability are in a foreign currency, the equivalent sum shall be determined according to the exchange rate defined for the Bank at the time of write-off). 4.16.3 In the cases under the applicable laws and/or contract, Contract, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this Contract, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment At any time (including the deadline of fulfillment of an outstanding credit or liability regarding obligation), the Bank (if has the right, without the client’s further approval, to write off without acceptance a sum from the client’s currency account in which the loan payments are to be made unless otherwise instructed by the client/borrower. If a debt is in a currency different from the one of the sum in the account or the sum in the same currency is insufficient to repay the debt or liability are in a foreign currencyfull, the Bank is entitled to the conversion for the purpose of topping up/covering the bills payable from the currency in the relevant account, with the equivalent sum shall be determined according to by the exchange rate defined for by the Bank at the time of the write-off). Unless the Client instructs otherwise regarding the write-off, the Bank shall rely on the regulation above. 4.16.3 In the cases under the applicable laws and/or contract, Contract, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-e- application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents do cuments requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Agreement. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations. 4.8. Partial fulfillment of a payment order shall not be acceptable; 4.9. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this ContractAgreement, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment of an outstanding credit or liability regarding the Bank (if the debt or liability are in a foreign currency, the equivalent sum shall be determined according to the exchange rate defined for the Bank at the time of write-off). 4.16.3 In the cases under the applicable laws and/or contract, Contractagreement, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.

Current Account. 4.1. The Client may hold one or more multicurrency accounts with the Bank. 4.2. For effecting operations from the account(s), the Client will be assigned the IBAN (Interntional Bank Account Number) account number - a 22 digit number registered in accordance with the international standards; 4.3. The Client’s account(s) shall be opened upon submission to the Bank of the Client’s relevant application and the documents requested by the Bank. The Client shall be responsible for completeness and authenticity thereof. 4.4. The Client consents that the Bank may open additional account(s) in compliance with the rules and procedures established by the Bank on the grounds of the e-application provided that the Client already holds an account with the Bank. 4.5. Monetary resources can be credited to the Client’s account by means of cash or clearing. 4.6. Upon registration of the Client with the Public Registry National Agency, on the grounds of an e-application and on consent of the client’s authorized person, the Bank shall be entitled to open an account to the client. Before appearance of the client’s authorized representative and submission of the documents requested by the Bank, the Bank shall only be entitled to enter sums to the client’s account (transfer a sum from the current account to the term deposit account). Unless within 30 days from opening the account the client’s authorized representative submits the documents requested by the Bank, the account shall be closed and the sums in it shall be returned to the client. 4.7. The Bank shall ensure that the sum(s) deposited and/or credited to the Client’s accounts including transfer of 10 000 (ten thousand) GEL/its equivalent in a foreign currency or more are posted no later than the next banking day from submission of the Client’s relevant order and/or within the term stipulated in the laws. 4.8. Generally, the sums in the Client’s account(s) shall be written off at its order, request and permission in the way specified in this Contract. The Client acknowledges that without its request, the Bank is not obliged to write off sums from the Client’s account(s) for the purpose of fulfillment of any of its obligations 4.9. Partial fulfillment of a payment order shall not be acceptable; 4.10. For the purpose of writing off the funds from the Client’s account(s), the Bank shall effect operations on the basis of electronic or printed payment documents submitted by the Client during the business day; the Client’s orders received by the Bank upon expiration of the business day shall be deemed received on the next banking day, which shall not prevent the Bank from fulfillment of the payment order on the day of submission thereof. 4.11. The payment order shall be completed by the Bank or the Client. By signing the payment order completed complete d by the Bank, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.12. In case of an e-payment order (instructing the bank to effect a transaction via internet banking and/or etc. means or effecting the relevant operation by the Client), the Client bears responsibility for the completed payment order. In case of an electronic request to the Bank regarding the fulfillment of the payment order, the Client acknowledges the accuracy of the data specified therein and that the payment order is given on its own free will for which the Client shall bear the responsibility. 4.13. The Client has the right to cancel the payment order given to the Bank unless the transfer has already been made (i.e. a sum has been written off from the Client’s account) provided the payment order does not materially contradict the Client’s relevant obligation or the Georgian laws. 4.14. The Client shall be advised that in case of a note: “Payment order is not subject to cancellation or revocation by the payer” made by the Bank on the payment order, it becomes irrevocable and the Client shall not be entitled to revoke it. 4.15. By the communication means specified in this Contract, the Client shall be reported the Bank’s refusal or inability to fulfill the payment order. 4.16. In the following cases, the sums shall be written off without acceptance from the Client’s account: 4.16.1 payment of any outstanding payment, service fee and/or penalty owed to the Bank; 4.16.2 payment of an outstanding credit or liability regarding the Bank (if the debt or liability are in a foreign currency, the equivalent sum shall be determined according to the exchange rate defined for the Bank at the time of o f write-off). 4.16.3 In the cases under the applicable laws and/or contract, Contract, and/or another document executed by the Client and the Bank (e.g.: guarantee, collection order). 4.16.4 return of the sums erroneously or unlawfully credited to the account or sums erroneously or unlawfully handed out/received and/or dubious sum(s). 4.17. The Bank shall be authorized to reject the Client’s order if: 4.17.1. The Client or the person submitting the payment order cannot be duly identified; 4.17.2. The payment order was drawn up in breach of the legal requirements or the Bank regulations; 4.17.3. The data specified in the payment order are inaccurate, which makes it impossible to fulfill it. 4.17.4. The sum specified in the order is larger than the balance available in the Client’s account at the time of submission of the payment order and/or exceeds the limits established by the Bank save the cases under the laws; 4.17.5. The Bank suspects an attempted illicit transaction. 4.18. Cash vouchers shall be used for the purpose of withdrawal of sums from the account.