Common use of Account Usage Clause in Contracts

Account Usage. 5.1. the Client sends to Company an order. The system informs the Client of the receipt of request by sending an appropriate message to the Client at his e-mail or telephone or through the interface of the website. The Client has time limit to complete the transaction once it has started. If not, the Client is being logged out from the Client’s account. After the subject amount arrives into the online system it shall perform the transaction on the Client’s account according to the payment order. If for some reason, the transfer cannot be carried out, the transaction is repeated as many times as necessary for the successful transfer. The Client has the right to cancel an incomplete payment, as well as check the status of the payment at any time through his account after logging in to the system. The payment is completed at the time of the transfer of amount from the system to the corporate partner’s account via Sterling’s corresponding account at another financial Company according to payment order of the Client. Payments, payment orders and other transactions are accepted only through the interface of the website and are fixed by its software and hardware tools. In case of return of funds, tariffs fees are deducted from the funds, which have been transferred to the Client’s account. In case of cancellation of the payment, which was caused by technical mistake or other malfunction of the online system, the tariffs fees are not deducted from the funds on the client account. Sterling has the right to refuse to provide the payment service, indicating the reasons for such refusal. 5.2. The Client has the right to demand to carry out the account transactions which include outgoing payments, incoming payments, currency exchange operations and internal transfer within Sterling to its another Client. If the Client requires a transaction, the amount of which is higher than the balance on the client account, the Company may refuse to comply with this requirement and inform the Client of such refusal. The maximum payment amount is regulated by Sterling’s AML policy and applicable laws and regulations. Sterling provides the most streamlined process of acquisition, implementation and performance of transactions via its online system. The Client has the right to use it only for payment services specified in applicable laws and regulations. 5.3. The Client has the right to send or receive payments at any time. The replenishment of the account can be performed only in the way allowed by Company’ policies and applicable laws. Financial Company provides the Client with the option to obtain information on the available balance on account at any time, using the application or the web interface, based on the Client’s request. The provisions of this clause shall not affect the Client’s right to require the closure of his account in the manner specified in the conditions. 5.4. Sterling shall issue the Account statements to the Client in accordance with the actual condition of the said account.

Account Usage. 5.16.1. the Client sends to Company an order. The system informs the Client of the receipt of request by sending an appropriate message to the Client at his e-mail or telephone or through the interface of the website. The Client has time limit to complete the transaction once it has started. If not, the Client is being logged out from the Client’s account. After the subject amount arrives into the online system it shall perform the transaction on the Client’s account according to the payment order. If for some reason, the transfer cannot be carried out, the transaction is repeated as many times as necessary for the successful transfer. The Client has the right to cancel an incomplete payment, as well as check the status of the payment at any time through his account after logging in to the system. The payment is completed at the time of the transfer of amount from the system to the corporate partner’s account via Sterling’s corresponding account at another financial Company company according to payment order of the Client. Payments, payment orders and other transactions are accepted only through the interface of the website and are fixed by its software and hardware tools. In case of return of funds, tariffs fees are deducted from the funds, which have been transferred to the Client’s account. In case of cancellation of the payment, which was caused by technical mistake or other malfunction of the online system, the tariffs fees are not deducted from the funds on the client account. Sterling has the right to refuse to provide the payment service, indicating the reasons for such refusal. 5.26.2. The Client has the right to demand to carry out the account transactions which include outgoing payments, incoming payments, currency exchange operations and internal transfer within Sterling to its another Client. If the Client requires a transaction, the amount of which is higher than the balance on the client account, the Company may refuse to comply with this requirement and inform the Client of such refusal. The maximum payment amount is regulated by Sterling’s AML policy and applicable laws and regulations. Sterling provides the most streamlined process of acquisition, implementation and performance of transactions via its online system. The Client has the right to use it only for payment services specified in applicable laws and regulations. 5.36.3. The Client has the right to send or receive payments at any time. The replenishment of the account can be performed only in the way allowed by Company’ policies and applicable laws. Financial Company provides the Client with the option to obtain information on the available balance on account at any time, using the application or the web interface, based on the Client’s request. The provisions of this clause shall not affect the Client’s right to require the closure of his account in the manner specified in the conditionsthis Agreement. 5.46.4. Sterling shall issue the Account statements to the Client in accordance with the actual condition of the said account.