I/We agree to the Terms and Conditions given overleaf:

I/We hereby agree to indemnify National Bank of Fujairah psc, against any loss damage, liability, claim, or charges which will be incurred by the Bank on account of any breach and undertake not to make any claim in respect thereto. I/We also hereby irrevocably and unconditionally agree and authorize the Bank at its discretion and without notice to debit my/our account if such account is in credit or overdrawn.

In consideration of your agreeing to process the transaction ay my/our request, I/We hereby undertake and agree to indemnify you and hold you harmless against all potential losses that may be suffered by the Bank on account of the transaction/payment being blocked by correspondent banks due to the United States of America / United Nations / and other sanctions issues by any entity whatsoever.

The Bank accepts to execute the payment order of the transfer of funds or draft mentioned overleaf on the following conditions duly accepted by the remitter:

The Bank is not a party to the courses underlying this payment order as well as with the time limits allowed by the payee to the remitter under penalty / or penalty clauses and / or forfeiture of right and therefore shall not in anyway be held liable in this respect.

Any correspondence, effected by any means and exchanged between other persons whomsoever relating to this payment order or transfer of funds or draft including the letter, telex or telegram by which this payment order is communicated shall be dispatched at the expense of its correspondents or agents who shall be liable for loss of mail, error or omission in the transmission of SWIFTS or telegrams thereof.

As the final execution of the payment orders or transfers of funds or draft, in favor of payee in the United Arab Emirates or abroad requires several steps and is effected through substituted agents, the Bank shall only be liable for its obligation of promptly directing the payment orders to its correspondents and shall not be held liable for any delay which may occur from error or bad interpretation of the payment order by any of its correspondents.

The Bank is not bound to immediately execute the payment orders or transfers or drafts which are confided to it, the Bank shall only act with promptness. In the absence of precise instructions from the remitter, the Bank may determine the way it deems fit for transmitting the order.