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Dec
19

1.1 In this commercial contract, the following terms have the following meaning: “application form” refers to our standard application form for individuals, which is completed and accepted by us. “working day” means Monday to Friday without English holidays and holidays in other jurisdictions. “Commercial object” has the meaning of paragraph 2.2. a collective agreement, either by telephone or by other electronic means. “Counterparty” means the bank or financial institution with which we enter into a contract with you. “Currency UK,” “CUK,” “we,” “we” means Currency UK Limited – a company based in England and Wales (registered number 04017212) based at 28 Battersea Square, London, SW11 3RA, UK. By “deposit” for a contract, it is a down payment equal to the amount we can request from time to time according to our service and which, unless otherwise stated, does not exceed 10% of the contractual value. This allows us to ensure the risk we take in your contract before you make the full payment. “force majeure event”, an event that does not have the effect of proper control of a affected party, including market disruptions, indefinite acts or restrictions by governments or public authorities, war, revolution, strike or other trade union actions, fires, floods, natural disasters, explosions, terrorist actions, suspension or limitation of trade by a place of execution or failure , a failure, malfunction or malfunction of telecommunications or other equipment.

“FCA” means the Financial Conduct Authority. “Limit Order” refers to an order in which you ask us to buy or sell foreign currency if the exchange rate reaches an agreed level. “Loss” means any loss, tax, cost, cost (including unlimited legal costs incurred in recovering the money we are liable for), damages or liability that may be associated with us, on your behalf, with a third party in connection with an order or contract or in some other way, as a result of or your delay or non-compliance with the terms of this commercial contract (including , without restriction, your non-compliance with your obligations under a contract) or any other agreement we have with you, provided they are not directly the result of our intentional fault or fraud.