OTHER REGULATIONS AND GOVERNING LAW. 12.1 The Cardholder is not allowed to transfer rights partly or wholly and/or obligations of the Cardholder under the Contract to any Third party.
12.2 The Bank is allowed to replace, amend, and supplement these Terms and Conditions on Timo debit card issuance and use and will notify the Cardholder in forms specified in Clause 1, Article 11 of these Terms and Conditions. Replaced, amended, and supplemented content shall be valid if after that the Cardholder keeps using the Card services unless the Cardholder disagrees by sending application for termination of Card use to the Bank/Timo Digital Bank.
12.3 These Terms and Conditions are governed by current laws of the Socialist Republic of Vietnamand regulationsondebit card issuance, use and payment
12.4 Disputes arising from or related to this Contract shall be amicably settled by parties for mutual benefits. In case parties cannot or do not desire to amicably settle disputes, such disputes shall be referred to the competent Court in Vietnam for settlement under legal provisions. Parties agree that addresses of Parties as specified in the Application or Card service request form are addresses used by the Court for determination of authority to settle disputes and send notices of Court to Parties under legal provisions. In case the Customer changes addresses without notifying the Bank in writing, or the Customer shall be deemed to intentionally hide addresses, dodge obligations so the Bank shall have right to request the Bank to accept and settle the case base on regulations.
12.5 If any term or condition or any part or item of these Terms and Conditions is declared invalid or unenforceable by the competent authorities of the Government, such terms and conditions shall not invalidate other terms and conditions, parts or items of these Terms and Conditions
12.6 Any content not specified in these Terms and Conditions shall comply with legal provisions, regulations of card organizations and other regulations, rules of the Bank, agreements, commitments (if any) between the Cardholder and the Bank.
