Common use of MAKING A CONTRACT TO CONVERT THE CLIENT’S CURRENCY Clause in Contracts

MAKING A CONTRACT TO CONVERT THE CLIENT’S CURRENCY. 4.1 The Client or, if applicable, an Authorised Person may telephone (or email) Moneycorp during Moneycorp’s business hours to request a quotation for a Transaction. On receipt of the Client’s request, Moneycorp may (at its absolute discretion) provide the Client with any relevant non-binding foreign exchange rate quotations and details of charges. The Client or, if applicable, an Authorised Person may then use such quotation to place an Order with Moneycorp for the Transaction (an ‘Offline Order’). Moneycorp may (at its absolute discretion) accept or reject the Client’s Order in whole or part. If Moneycorp accepts the Client’s Order, the Client cannot (subject to clause 4.4) cancel, rescind or amend it without Moneycorp’s express Written consent and (subject to Manifest Error and clause 4.4) a binding contract will be created between Moneycorp and the Client to buy or sell the relevant foreign currency in the relevant amount at the quoted foreign exchange rate for the relevant Value Date on and subject to the legal terms and conditions of this Agreement (an ‘Offline Contract’).

MAKING A CONTRACT TO CONVERT THE CLIENT’S CURRENCY. 4.1 The Client or, if applicable, an Authorised Person may telephone (or email) Moneycorp during Moneycorp’s business hours Business Hours to request a quotation for a Transaction. On receipt of the Client’s request, Moneycorp may (at its absolute discretion) provide the Client with any relevant non-binding foreign exchange rate quotations and details of charges. The Client or, if applicable, an Authorised Person may then use such quotation to place an Order with Moneycorp for the Transaction (an ‘Offline Order’). Moneycorp may (at its absolute discretion) accept or reject the Client’s Order in whole or part. If Moneycorp accepts the Client’s Order, the Client cannot (subject to clause 4.4) cancel, rescind or amend it without Moneycorp’s express Written consent and (subject to Manifest Error and clause 4.4) a binding contract will be created between Moneycorp and the Client to buy or sell the relevant foreign currency in the relevant amount at the quoted foreign exchange rate and/ or to make an electronic payment for the relevant Value Date on and subject to the legal terms and conditions of this Agreement (an ‘Offline Contract’).

MAKING A CONTRACT TO CONVERT THE CLIENT’S CURRENCY. 4.1 The Client or, if applicable, an Authorised Person may telephone (or email) Moneycorp during Moneycorp’s business hours to request a quotation for a Transaction. On receipt of the Client’s request, Moneycorp may (at its absolute discretion) provide the Client with any relevant non-binding foreign exchange rate quotations and details of charges. The Client or, if applicable, an Authorised Person may then use such quotation to place an Order with Moneycorp for the Transaction (an ‘Offline Order’). Moneycorp may (at its absolute discretion) accept or reject the Client’s Order in whole or part. If Moneycorp accepts the Client’s Order, the Client cannot (subject to clause 4.4) cancel, rescind or amend it without Moneycorp’s express Written consent and (subject to Manifest Error and clause 4.4) a binding contract will be created between Moneycorp and the Client to buy or sell the relevant foreign currency in the relevant amount at the quoted foreign exchange rate and/ or to make an electronic payment for the relevant Value Date on and subject to the legal terms and conditions of this Agreement (an ‘Offline Contract’).