Публичная оферта на совершение операций по покупке иностранной валюты на торговых сессиях Узбекской Республиканской валютной биржи

on the execution of transactions for the purchase of foreign currency at trading sessions of Uzbekistan Republican Currency Exchange (UzRCE)

This document is an official offer (public offer) of JSC “KDB Bank Uzbekistan” (hereinafter referred to as Bank) and defines the standard terms and procedure for carrying out banking operations on conversion of local currency to foreign currency with legal entities and individual entrepreneurs (hereinafter - Client).

In accordance with part 2 of Article 369 of the Civil Code of the Republic of Uzbekistan, if the conditions set forth below are accepted and adhered to the agreement when submitting a conversion Application, Client accepting this offer becomes a party to the agreement (in accordance with part 4 of article 370 of the Civil Code of the Republic of Uzbekistan an acceptance of an offer on the conditions set out in the offer is tantamount to concluding an agreement), the Bank and the Client jointly - the parties to the agreement.
1. DEFINITIONS

1. 
   Offer – the actual document “Public offer for rendering service on conversion of local currency to foreign currency”.
   

1.2. Public offer – an agreement between the Bank and the Client for rendering service on conversion of local currency to foreign currency which is concluded through the acceptance of an offer.

1.3. Client – a legal entity or an individual entrepreneur who has accepted an offer, and thus is the customer of the Bank's service under the concluded Agreement – public offer.

1.4. Bank – Head office and branches of JSC “KDB Bank Uzbekistan”.

1.5. Acceptance of the offer – the full and unconditional recognition of the offer by the Client performing the actions specified in clause 1.7. of the present offer.

1.6. Internet Banking - software package of the Bank, which allow the Client to form and transfer instructions on conversion of the Client's funds in local currency to foreign currency to the Bank using the security key.

1.7. Application on acceptance – a written clause in the conversion Application providing unambiguous and automatic consent of the Client to accept the public offer and its conditions. The Client, having signed the application for conversion, authorizing it via the Internet Banking system, automatically accepts the terms of the offer.

1.8. Service – rendering service on the conversion of local currency to foreign currency.

1.9. Conversion – a transaction on the purchase of foreign currency for local currency.
1.10. Conversion application – a document providing the Client’s instructions to the Bank for purchasing foreign currency and further crediting the Client’s special account in the converted currency (hereinafter referred to as the "Application").
1.11. Tariffs – the amount of commission set by the Bank and deducted by the Bank from the Client for rendered service on the conversion.

2.