Common use of LIABILITIES OF THE PARTIES Clause in Contracts

LIABILITIES OF THE PARTIES. 5.1. The Bank is responsible for: 5.1.1. disclosure of banking secrecy – in accordance with the applicable legislation of the Republic of Kazakhstan; 5.1.2. delay in crediting the Account received by the Bank in favor of the Customer - in the amount of 0.02% of the untimely credited amount for each day of delay; 5.1.3. error transaction on the Account. The Bank's responsibility in this case is limited to the cancellation of erroneous transaction; 5.1.4. unauthorized payments made by its fault, after notification of the Customer of the loss, theft or unauthorized use of card has entered into force. Losses related to unauthorized payment shall be reimbursed by the Bank as a chargeback on the Account of the amount of unauthorized payment and commission for unauthorized payment; 5.1.5. unjustified denial of execution of payment service to the Customer. If the Customer has paid a commission for the service, the Bank shall compensate the Customer for the damage in the amount of the commission paid by the Customer. If the Customer has not paid the commission for the service, the Bank shall compensate the Customer for the damage in the amount of one monthly calculation index. 5.2. The Bank is not responsible for: 5.2.1. denial of servicing cards/club cards Priority Pass/Dragon Pass by third party;