Common use of General Clause in Contracts

General. The Multitude Savings Account is an online savings account which You can open in your name. On your Multitude Savings Account You can only deposit/transfer funds exclusively from another account in your own name and withdraw funds only to the verified Reference account in your own name. The Multitude Savings Account may not be used for purposes of general payment transactions. The Bank retains the right to limit the amount of funds you can hold in your Multitude Savings Account, as well as the maximum amount of funds that can be transferred out of your Multitude Savings Account on a daily basis, in which case You will be notified accordingly by the Bank. The Multitude Savings Account can be denominated only in SEK. The Multitude Savings Account will yield interest as specified hereunder. For the avoidance of doubt, in ter ms of the Agreement, the ‘payee’ can only be You and no third party individuals shall be considered as ‘payee’.