Common use of Standing Orders Clause in Contracts

Standing Orders. The Bank may accept to perform any standing order transactions from the Customer provided that the Customer should have sufficient funds in his/her/ its account to perform such transactions. The Bank shall not be responsible for any delay or error in transmission or for any error on the part of the paying bank or any of its correspondents. The Customer acknowledges that the bank does not bear any liability for such delay or error and undertakes to compensate the Bank for actual losses, damages and expenses incurred due to performing such standing orders.

Standing Orders. The Bank may accept to perform execute any standing order transactions from the Customer provided that the Customer should have sufficient sufficient funds in his/her/ its account Account to perform such transactions. The Bank shall not be responsible for any delay or error in transmission or for any error on the part of the paying bank or any of its correspondents. The Customer acknowledges that the bank Bank does not bear any liability for such delay or error and undertakes to compensate the Bank for actual losses, damages and expenses incurred due to performing execution by the Bank of such standing orders.

Standing Orders. The Bank may accept to perform execute any standing order transactions from the Customer provided that the Customer should have sufficient sufficient funds in his/her/ its account Account to perform such transactions. The Bank shall not be responsible for any delay or error in transmission or for any error on the part of the paying bank or any of its correspondents. The Customer acknowledges that the bank Bank does not bear any liability for such delay or error and undertakes to compensate the Bank for actual losses, damages and expenses incurred due to performing execution by the Bank of such standing orders.