Payment to Customer upon Maturity. (I) With respect to each foreign currency portfolio investment, relevant taxes shall be deducted from the redemption amount, following which, on the maturity date, the payment shall then be transferred into the settlement account informed by the Customer before the maturity date. In case of any failure to notify the account, the Bank shall have the right to decide any account of the Customer for the transfer of payment. If the maturity date is a non -business day, then it shall be paid at the first business day following the maturity date. In case where the Customer fails to designate or maintain the account for receiving the payment of redemption amount from the Bank under this Article, such that the Bank delays the payment of the redemption amount, the Bank shall not be oblig ed to pay any interest on the redemption amount, and shall not be obliged to bear any liabilities for losses or damages suffered by the Customer due to such matter.
