Common use of Foreign Exchange Services Clause in Contracts

Foreign Exchange Services. This Service Description describes the terms and conditions under which we will make available to you our FX Transaction Service (“Service”), which is provided through our Online Banking for Business service (“OLBB”), as described in this Service Description. Your use of this Service is limited to foreign exchange spot and forward transactions (the types of which as permitted by us from time to time) (collectively called “FX Transactions” or individually, an “FX Transaction”). Your use of the Service will be subject to any credit restrictions, limitations, and other arrangements established by us. Your use of the Service is governed by the Master Agreement, this Service Description and the Service Documentation as updated and amended from time to time. Before using the Service you may be required to establish a deposit account (“Account”) with us which Account will be subject to our applicable deposit account agreement. In the event you have also entered into an ISDA Master Agreement with us, the terms of such ISA Master Agreement will remain in full force and effect. In the event of a conflict between the terms of the Master Agreement and your ISDA Master Agreement, the terms of the ISDA Master Agreement shall control.