Common use of Order placed on the Internet Clause in Contracts

Order placed on the Internet. 5.4.1. When the Order is transmitted by the Internet, the Bank shall submit a summary of the Order for confirmation by the Client. The Bank shall timestamp the Order upon receipt of this confirmation. The timestamp materialises the official receipt of the Order by the Bank which shall also give rise to an acknowledgement of receipt including the official date and time of receipt. After receipt of the Client’s confirmation and after the Confirmation sent by the Bank, the latter assumes responsibility for the proper Execution of the Order. 5.4.2. The Bank draws the Client’s attention to the possibility of delays, whose duration is unpredictable, between the moment when the Client issues an Order and the time the Bank receives it. The Bank may not be held liable in the event of any dispute between the Client and its telecommunications provider or any other operator or intermediary, or in the event of a malfunction of the computer or the access point of the Client, or of the Internet network and network accesses. 5.4.3. In the event of a malfunction of the Order reception system, the Bank will make best efforts to inform users of the nature and expected duration of the malfunction, by any means the Bank deems appropriate. In the event of an extended malfunction, the Client may place its Orders by telephone or in writing. 5.4.4. Evidence of Orders placed on the Internet is based on the Transaction summary established and generated automatically by the Bank’s systems. In addition, the use of remote channels (including the Internet) shall result in the allocation of a Transaction number. The Client shall keep this Transaction number for any request for information regarding the Transaction or in the event of any dispute.

Order placed on the Internet. 5.4.14.3.1. When the Order is transmitted by the Internet, the Bank shall submit a summary of the Order for confirmation by the Client. The Bank shall timestamp the Order upon receipt of this confirmation. The timestamp materialises the official receipt of the Order by the Bank which shall also give rise to an acknowledgement of receipt including the official date and time of receipt. After receipt of the Client’s confirmation and after the Confirmation sent by the Bank, the latter assumes responsibility for the proper Execution execution of the Order. 5.4.24.3.2. The Bank draws the Client’s attention to the possibility of delays, whose duration is unpredictable, between the moment when the Client issues an Order and the time the Bank receives it. The Bank may not be held liable in the event of any dispute between the Client and its telecommunications provider or any other operator or intermediary, or in the event of a malfunction of the computer or the access point of the Client, or of the Internet network and network accesses. 5.4.34.3.3. In the event of a malfunction of the Order reception system, the Bank will make best efforts to inform users of the nature and expected duration of the malfunction, by any means the Bank deems appropriate. In the event of an extended malfunction, the Client may place its Orders by telephone or in writing. 5.4.44.3.4. Evidence of Orders placed on the Internet is based on the Transaction summary established and generated automatically by the Bank’s systems. In addition, the use of remote channels (including the Internet) shall result in the allocation of a Transaction number. The Client shall keep this FX Transaction number for any request for information regarding the Transaction or in the event of any dispute.