Common use of LIMITS OF THE OPERATIONS Clause in Contracts

LIMITS OF THE OPERATIONS. 9.1 The applicable Limits shall first be specified on the front page of the Agreement (in E-Services Agreement). 9.2 The Customer can change the Limits either: 9.2.1 by signing a new E-Services Agreement with the Bank (in such case, the latest E-Services Agreement, concluded between the Parties shall regulate the Bank’s, Customer’s and E-User’s relations when using E-Services and cancel all the previous E-Services Agreements), or 9.2.2 via Net Bank by its appointed Administrator. The Administrator shall not however be able to change via Net Bank his/her own Limits. This can only be done by the authorised Bank’s representatives in the Bank’s office, after the Customer submits the respective request to the Bank. 9.3 The Bank shall be entitled, for the purpose of protecting the interests of the Customer and/or the Bank, to establish new Limits and/or to change the existing Limits by informing the relevant E-User and Customer thereof without delay. 9.4 Concerning Payments, the Limits apply to Authorizing, but not to Entering and Approving. 9.5 The Limits do not apply to currency exchange transactions.

LIMITS OF THE OPERATIONS. 9.1 The applicable Limits shall first be specified on the front page in Special Terms and Conditions of the Agreement (in E-Services Agreement). 9.2 The Customer can change the Limits either: 9.2.1 by signing a new E-Services Agreement with the Bank (in such case, the latest E-Services Agreement, concluded between the Parties shall regulate the Bank’s, Customer’s and E-User’s relations when using E-Services and cancel all the previous E-Services Agreements), or 9.2.2 via Net Bank by its appointed Administrator. The Administrator shall not however be able to change via Net Bank his/her own Limits. This can only be done by the authorised Bank’s representatives in the Bank’s office, after the Customer submits the respective request to the Bank. 9.3 The Bank shall be entitled, for the purpose of protecting the interests of the Customer and/or the Bank, to establish new Limits and/or to change the existing Limits by informing the relevant E-User and Customer thereof without delay. 9.4 Concerning Payments, the Limits apply to Authorizing, but not to Entering and Approving. 9.5 Limits are applied notwithstanding whether Payments via NetBank are executed directly or indirectly, i.e. using services of Payment initiation service providers. 9.6 The Limits do not apply to currency exchange transactions.