Common use of Other Issues Clause in Contracts

Other Issues. 13.1. It is our aim to ensure a complete service at all times, but we will not be responsible when failure is caused by unforeseeable circumstances beyond our control or which we could not reasonably have foreseen. 13.2. OakNorth is covered by the Financial Services Compensation Scheme (“FSCS”). The FSCS will pay compensation to eligible depositors of up to a maximum of £85,000 (the current “Scheme Limit”) if we cannot meet our financial obligations to them (all eligible deposits across all of your OakNorth Accounts will be aggregated and the total will be subject to the Scheme Limit). Any deposits you hold above the Scheme Limit are unlikely to be covered. For joint Accounts each Account holder is treated as having a claim in respect of their share, so for a joint Account held by two eligible depositors, each depositor would have a claim up to the Scheme Limit and so the maximum amount that could be claimed in total would be twice the current Scheme Limit. In some cases, eligible deposits which are categorised as “temporary high balances” are protected above the Scheme Limit for six months after the amount has been credited or from the moment when such eligible deposits become legally transferable. 13.3. For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please contact us, or refer to the FSCS website xxx.XXXX.xxx.xx or contact the FSCS on 000 0000 0000 or 0000 000 0000, at XXX@xxxx.xxx.xx or at Financial Services Compensation Scheme, 10th Floor Beaufort House, 00 Xx Xxxxxxx Xxxxxx, Xxxxxx, XX0X 0XX. Please note, only compensation related queries should be directed to the FSCS. 13.4. We may transfer our rights and/or responsibilities under this Agreement to any person if: 13.4.1. That other person is authorised to accept deposits and writes to you and undertakes to carry out all our duties and obligations under this Agreement. If it does so, you agree that we will be released from all those duties and obligations and shall have no further liability to you; and 13.4.2. We reasonably believe such person is capable of performing our responsibilities. 13.5. You shall not transfer any of your rights or responsibilities under this Agreement to any third party. 13.6. If we believe that you have tax obligations in other countries, we may disclose information about you directly to those tax authorities or to HM Revenue & Customs, which may share the information with the other tax authorities.