Common use of Processing Transactions Clause in Contracts

Processing Transactions. Appropriate measures and actions may be taken by us to meet our legal obligations to prevent fraud, money laundering or any terrorist activity and the provision to services to people who may be subject to sanctions. Therefore in some cases processing transactions may be delayed or stopped. In such case we will advise you where possible and also advise you of the reasons for the delay. Please take note that if we are not satisfied that any payment into or from your account is legitimate and lawful we can refuse to process it. If we suspect any unlawful activity or transaction or any misuse then related information may be passed onto other banks, police or other authorities within the U.K or where appropriate abroad.