The Bank is obliged:
3.2.1. To consider the submitted Application of the Client within 1 (one) banking business day, not counting the day of receipt of documents;
3.2.2. If it is impossible to execute the Application due to non-compliance with the established requirements of the current legislation, inform the Client about it in written form;
3.2.3. Submit an application for the purchase of foreign currency to the trading session of "UzRCE" no later than the next business day after a positive decision is made;
3.2.4. To credit the purchased funds at the trading session of "UzRCE" to the Client’s account no later than 2 (two) banking business days after the funds are received on the correspondent account of the Bank;
3.2.5. To carry out, without acceptance, the reverse sale of foreign currency funds previously debited from special foreign currency accounts and newly received into these accounts, due to non-use or return within 3 (three) banking working days;
3.2.6. Sell the foreign currency funds back without acceptance in case of non-use of the purchased foreign currency within 7 (seven) banking working days from the date of crediting to the special foreign currency account of the Client.
4. COMMISSION REWARDS
AND THE PROCEDURE FOR CARRYING OUT PAYMENTS
4.1. The Bank debits from the Client's account the equivalent of funds in the national currency purchased at the trading session of "UzRCE", as well as the amount of commission within 2 (two) business days from the date of conversion after receipt of funds to the correspondent account of the Bank;
4.2. The Bank deducts a commission from the Client account for each completed transaction under the Client Application;
In any event, if the purchased foreign currency was not used by the Client within 7 (seven) banking business days from the day they were credited to the currency account of the Client, and the Bank sells back, then the transaction is considered to be completed, and the commission charged for the completed transaction is non-refundable;
4.3. In case of cancellation of the Application for conversion based on the application of the Client, the Bank charges a commission according to the Application;
4.4. In case of insufficient funds to pay the commission, the Bank reserves the right to write off the commission from any accounts of the Client without acceptance;
4.5. The Bank has right to change the Tariffs. At the same time, the Bank notifies the Client about changes to the Tariffs no later than 10 banking days before the changes take effect by posting information about the changes and additions made on the stands in the Bank’s branches and on the Bank’s web site www.kdb.uz.
4.5.1. Make changes to the terms of this offer by posting a new version of the offer on the Bank's website.
4.6. If the Client did not fulfill conditions of the second paragraph of clause 3.1.2., the Bank unconditionally and irrevocably debits possible losses of the Bank from any accounts of the Client (negative difference in the exchange rate between buying and selling, commission of the Bank and UzRCE), in case of a positive difference, the Bank accepts funds to its own revenue.
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