Common use of USING THE SYSTEM Clause in Contracts

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written Written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions.purpose 3.14 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or and/or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written Written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation decomplication or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or and/ or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately... 3.17 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or and/or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written Written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights intellectual property rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 3.13 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 3.14 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 3.15 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 3.16 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 3.17 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written Written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights intellectual property rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Wholesale Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 3.13 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 3.14 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Wholesale Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 3.15 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 3.16 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 3.17 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to make transfers and/or buy and/ or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by MoneycorpMoneycorp at all times provided that the foreign exchange operations are ancillary to the payment services which are provided by Moneycorp to the Client pursuant to this Agreement. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate terminate, without any justification, the Licence at any time by giving written Written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise. 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business.legal 3.12 The Client warrants that where it places an order for any Unregulated Foreign Exchange Contract the purpose of the Transaction will be to facilitate a payment transaction. Also in so far as it concerns an Unregulated Foreign Exchange Contract, except in relation to Contract (other than a Spot Contract), the Client warrants that the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investmentinvestments. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it It is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 6.1 Depending on the rights granted to the Clientany restrictions or limitations imposed by Moneycorp FRM, the System may be used to buy and/ or sell currency or by the Client to obtain quotations for currency exchange rates or Option Contract Estimates, enter into Option Contracts and to effect currency transfers subject to any restrictions or limitations imposed by Moneycorparrange Transfers. 3.2 6.2 Moneycorp FRM grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating re-stating the Client’s agreement each time the Client accesses the System. 3.3 6.3 Moneycorp may suspend or terminate the Licence at any time by giving written noticeFRM maysuspend orterminatethe Licenceatany timebygiving Writtennotice. 3.4 6.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that terminationtermination of the Licence. 3.5 6.5 Unless Moneycorp FRM agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts Account by notice to Moneycorp FRM in Writing. Upon such a request or upon termination of the Licence, Moneycorp FRM shall remit available funds to the Client in such a manner as Moneycorp FRM deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 1318. 3.6 6.6 All Intellectual Property Rights in the System will remain vested in Moneycorp FRM or the third parties that licensed them to Moneycorpit. This includes copyright in the Website. The Website and the Client is not permitted to reproduce any parts of the Websitethereof, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.86.9, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp FRM whether on the Website or otherwise. 3.7 6.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 6.8 Moneycorp FRM does not warrant the availability of the System at any time and Moneycorp FRM reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 6.9 Moneycorp FRM does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 6.10 Moneycorp FRM accepts no liability for any losses loss caused by the System’s unavailability. 3.11 6.11 The Client warrants that the Client it will only use the System, System according to the rights granted to the Client, it to obtain quotations or to buy and/or sell currency or to transfer currency enter into Option Contracts for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 6.12 The Client must not use or attempt to use the System except for its intended purpose in accordance with MoneycorpMoneycorp FRM’s instructions. 3.14 6.13 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in FRM pursuant to this Agreement. 3.15 6.14 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) them to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System.should 3.16 6.15 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), ) or any one of them the Client must inform Moneycorp FRM immediately. 3.17 6.16 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp FRM by any electronic means do does not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 6.17 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by any relevant authorities authority or industry bodies body in relation to the Client’s use of the System.

USING THE SYSTEM. 3.1 Depending on the rights granted to the Client, the System may be used to buy and/ or sell currency or to obtain quotations for currency exchange rates or to effect currency transfers subject to any restrictions or limitations imposed by Moneycorp. 3.2 Moneycorp grants to the Client the Licence in consideration of the Client agreeing to be bound by this Agreement and restating the Client’s agreement each time the Client accesses the System. 3.3 Moneycorp may suspend or terminate the Licence at any time by giving written Written notice. 3.4 Termination of the Licence will not affect any accrued rights or liabilities of either Party nor will it affect the coming into force or the continuance in force of any other provisions of this Agreement which are expressly or by implication intended to come into force or continue in force on or after that termination. 3.5 Unless Moneycorp agrees otherwise, the Client may request a refund of funds held in the Client’s Accounts by notice to Moneycorp in Writing. Upon such a request or upon termination of the Licence, Moneycorp shall remit available funds to the Client in such a manner as Moneycorp deems appropriate in accordance with the Money Laundering Requirements or any other relevant laws or regulations and subject to clause 13. 3.6 All Intellectual Property Rights in the System will remain vested in Moneycorp or the third parties that licensed them to Moneycorp. This includes copyright in the Website. The Client is not permitted to reproduce any parts of the Website, create any derivative works or incorporate the Website into any other websites, electronic retrieval systems, publications or otherwise. However, as part of the Licence and subject to clause 3.8, the Client is permitted to download or print single copies of web pages for the Client’s own internal record-keeping purposes, provided the Client complies with all instructions given by Moneycorp whether on the Website or otherwise.or 3.7 The Client shall not recreate or copy, modify, reproduce or distribute the System or create derivative works from it or permit its reverse engineering, disassembly, decompilation or otherwise attempt to ascertain the source code or internal workings of the System. 3.8 Moneycorp does not warrant the availability of the System at any time and Moneycorp reserves the right to restrict or terminate the Client’s access to it or change the configuration or functionality of the System at any time. 3.9 Moneycorp does not warrant the performance of the System or the correctness, accuracy or completeness of any information that the Client receives via the System and the Client’s reliance on it is entirely at the Client’s own risk. 3.10 Moneycorp accepts no liability for any losses caused by the System’s unavailability. 3.11 The Client warrants that the Client will only use the System, according to the rights granted to the Client, to obtain quotations or to buy and/or sell currency or to transfer currency for legal purposes as principal on the Client’s own behalf and, if the Client is a Business Client, in the ordinary course of the Client’s business. 3.12 The Client warrants that where it places an order for an Unregulated Foreign Exchange Contract, except in relation to a Spot Contract, the purpose of the Transaction will be to facilitate payment for identifiable goods, services or direct investment. 3.13 The Client must not use or attempt to use the System except for its intended purpose in accordance with Moneycorp’s instructions. 3.14 The Access Code(s) will be issued by email to the email address(es) provided to Moneycorp in this Agreement. 3.15 The Client must keep the Access Code(s) confidential and secure and must not disclose the Access Code(s) to anyone. If the Client is a Business Client it is the Client’s responsibility to ensure that the Access Code(s) are known to the Client’s Authorised Persons only and the Client must procure that the Authorised Persons do not disclose the Access Code(s) to anyone. The Client should not write down the Client’s Access Code(s) and the Client should employ appropriate security software to protect them once entered into the Client’s computer. The Client should ensure that the Client logs out and closes the Client’s internet browser after using the System. 3.16 Should the Client become aware of or suspect that an unauthorised person or third party has knowledge of or access to the Client’s Access Code(s), the Client must inform Moneycorp immediately. 3.17 The Client must ensure that all the data, messages and code that the Client provides to Moneycorp by any electronic means do not contain any computer viruses, destructive programs or other devices likely to cause harm to the System. 3.18 The Client warrants that the Client will comply with all applicable laws, rules and regulations issued by relevant authorities or industry bodies in relation to the Client’s use of the System.