Instructions by Fax. 1. Instructions shall be signed by authorized signer (s) in accordance with the Customer’s signature card with the Branch. Authorized Person(s) is/are authorized to give instructions on behalf of the Customer either by facsimile transmission, telecopier or telex (each being a communication by “FAX”): The Customer chooses following item(s) as marked “x” in the box “□”:
(a) To transfer funds or make any debit or credit arrangement from bank account in the Customer’s name to a particular individual, firm or corporation. The names and account numbers are as follows: Debiting account number(s): Crediting account name(s), number(s) and bank information(s) are as below:
(b) To transfer funds from bank account in the Customer’s name to any individual, firm or corporation. □ (c) Relating to foreign exchange transaction.
Instructions by Fax. 12.1. The Customer assumes the entire responsibility related with the consequences of sending fax instructions to the Bank, and agrees and declares that the Bank shall not have any responsibility if the Bank does/can not process the instruction because of technical and/or natural reasons, or because the instruction is contradictory in content, and/or without any reason.
12.2. The Customer informs a fax number in writing, in the application form and/or at the end of this Agreement. The Customer agrees and undertakes to send fax instructions from this number, and that all faxes sent from this number are the Customer’s own instructions. All pages of a fax instruction should have been signed by the Customer or its officials. The Customer is obliged to take the necessary precautions to ensure that only the Customer and/or its officials transmit fax instructions to the Bank. Changes in the Customer’s officials shall be informed to the Bank in writing, together with the supporting documents. Otherwise, the Bank shall not be responsible for the transactions processed upon instructions sent by old officials.
12.3. The Bank is not responsible for the fax instruction being inaccurate or insufficient, or it being transmitted inaccurately or incompletely, or in an altered state. Furthermore, the Customer agrees, declares and undertakes that, the Bank shall not be responsible for not being able to differentiate the signature similarities between the fax instruction, original confirmation instruction and/or the signature circular, where there are similarities that cannot be recognized at a first glance; fraud and counterfeit dimensions of fax instructions; that general or private communication tools and systems do not function or malfunction; in case the Customer sends a fax instruction from another number than the one written in this Agreement. When determining the time of receipt of a fax instruction, the Bank records shall be considered. When checking the signatures on a fax instruction, the Bank takes reasonable care. The original copy of the fax instruction shall be sent to the Bank immediately, as a confirmation. The Bank processes the fax instruction without waiting for the original copy. However, the Bank is entitled not to process the fax instruction and wait for the original document. The Customer agrees, declares and undertakes that the
Instructions by Fax. 12.1. The Customer assumes the entire responsibility related with the consequences of sending fax instructions to the Bank, and agrees and declares that the Bank shall not have any responsibility if the Bank does/cannot process the instruction because of technical and/or natural reasons, or because the instruction is contradictory in content, and/or without any reason.
12.2. The Customer informs a fax number in writing, in the application form and/ or at the end of this Agreement. The Customer agrees and undertakes to send fax instructions from this number, and that all faxes sent from this number
12.3. The Bank is not responsible for the fax instruction being inaccurate or insufficient, or it being transmitted inaccurately or incompletely, or in an altered state. Furthermore, the Customer agrees, declares and undertakes that, the Bank shall not be responsible for not being able to differentiate the signature similarities between the fax instruction, original confirmation instruction and/or the signature circular, where there are similarities that cannot be recognized at a first glance; fraud and counterfeit dimensions of
