Mobile Declaration
Mobile Declaration
Mobile Declaration
_________________________
_________________________
Dear Sir,
2. I/we understand and acknowledge that there are inherent risks involved in
sending the Instructions to the Bank via facsimile or e-mail and hereby agree and
confirm that all risks shall be fully borne by me/us and I/we assume full
responsibility for the same, and the Bank will not be liable for any losses or
damages including legal fees arising upon the Bank’s acting, or upon the bank’s
failure to act, wholly or in part in accordance with the Instructions so received.
A. I/We shall be liable for any and all charges, complaints, costs, damages,
demands, expenses, liabilities, and losses which the Bank may incur
sustain or suffer arising from or by reason of the Bank's acting, delaying in
acting or declining to act upon any Message received from me/us
including without limitation legal fees and disbursements reasonably
incurred by the Bank.
C. That the Bank shall be authorized to disclose all Instructions as the Bank
may deem fit, to the Bank’s affiliates, counterparties, service providers,
regulators and other authorities or where the Bank are required by law to
do so.
D. That the Bank shall be entitled to require any Instructions in any form to
be authenticated as may be specified by the Bank from time to time and
I/We shall ensure the secrecy and security of such password, code or test
and I/We shall be solely responsible for any improper use of the same.
F. The Bank, it's correspondents and other financial and other financial
institutions involved in processing remittances may rely on any account or
identification numbers provided by me/us and will not seek to confirm
whether the number specified corresponds with the name of the
beneficiary or the beneficiary’s bank provided in the payment order.
H. I/We agree to pay the Bank's fees and to reimburse any deductions and
for any withholding or other taxes and for any interest and penalties that
may be paid by the Bank in connection with any remittances. I/We
acknowledge that other financial institutions may deduct a fee for
processing remittances. I/We irrevocably authorise the Bank to deduct
from any of my/our account whether in India or elsewhere such amount
paid.
The undersigned hereby jointly and severally agree that the Bank may act on any
Message provided by either one of the undersigned and such Message will be
binding on the others without confirmation by the Bank. The undersigned jointly
and severally agree to all the conditions stated in this communication. The death
or winding up of any one of the undersigned will not invalidate this communication
which shall remains in effect until such time as notice of termination has been
given as stated hereinabove.
Signature