Joint and Individual Accounts

INVESTOR PORTFOLIO SECURITIES (IPS) ACCOUNT OPENING FORM

You are requested to open my Investor Portfolio Securities (IPS) Account with UBL, details of which are stated below:

Name/Title of Account : ______

CNIC No. :______

NTN Number : ______(If Applicable)

Customer Type : □ Corporate □ Insurance Company □ Assets Management Company □ Employee Fund □ NGO / Charitable Organization □ Individual □ Others______

Permanent Address : ______

Mailing Address : ______

______Fax: ______

Telephone (Office) : ______Telephone (Home): ______

Mobile : ______E-mail: ______

Hold Mail : □ Yes □ No

Account Statement Mailing Instructions : □ Mail □ E-mail □ Both

UBL’s Account No. :______

Branch & Br. Code : ______

City : ______

Note: The IPS Account Opening must be completed by the customer, approved by the relevant BM & CSM and mailed to the following: Sales Desk, Treasury, 2nd Floor, State Life Bldg # 1, I.I. Chundrigar Road, Karachi. Ph: 021-32400425 Email: [email protected]

All the above fields of IPS Account Opening are mandatory ______Customer’s Signature

DOCUMENTATION TO BE OBTAINED

For the documents to be obtained, please refer AOF and in addition to the documents mentioned in AOF, following documents are also required for IPS account opening:

1  Board resolution for mandate for opening of IPS account (excluded in case of individuals)

 CNIC duly verified from NADRA For Terms & Conditions, please see the section overleaf

FOR BANK USE ONLY

I/We recommend to open the IPS Account as all the required formalities to open IPS account have been fulfilled.

IPS AOF Filled by CSR (Name): ______Emp. No. / P.A. No. :______Sig:______

IPS AOF Approved by CSM/Bm (Name): ______Emp. No. / P.A. No. :______Sig:______TERMS & CONDITIONS 1. Any person(s) opening or operating an account with the Bank will be deemed to have read, understood and accepted the Terms of Account and the applicable Schedule of Bank Charges issued and amended from time to time by the Bank. 2. Individuals cannot place Competitive Bids for GoP Ijarah Sukuk auctions. 3. Non-Competitive Bids option is not available for GoP Ijara Sukuk. 4. UBL will mark the investment fund as “Lien” till the settlement takes place to restrict the outflow of investment funds. 5. UBL will not process the bid if customer account balance is less than investment funds. 6. In case of Non-competitive bids, Investors are allowed to submit only one bid in a single tenor and in case of submission of multiple bids, all such bids would be treated as void. 7. In case of acceptance of bid by State Bank of Pakistan, the customers and their branches will be intimated through e-mail by UBL Treasury Capital Market, Head Office. 8. In case of rejection of bid by State Bank of Pakistan, the customers and their branches will be intimated through e-mail by UBL Treasury Capital Market, Head Office. 9. UBL Treasury Operations Head Office will provide the Tax Challan to the customer as and when it is received from State Bank of Pakistan. 10. UBL will not be responsible for any delay on the part of the customer in providing the Non Competitive Bid / Competitive Bid letter prior to cutoff-time. 11. UBL Treasury Operations will issue a Quarterly IPS Account Statement or as advised by SBP from time to time. 12. UBL will only credit the client’s Account in lieu of profit or principal payment of T-Bills, PIBs or Ijara Sukuks as and when received from SBP. 13. All transactions will be charged as per Schedule of Bank Charges. 14. UBL will mark the IPS account as Dormant, if there is no activity / no holding for 1 year. To activate the IPS account, customer shall come in person to the respective Branch and submit the Request Letter for

2 Treasury & Capital Markets the activation of IPS account along with the copy of CNIC. The bank reserves the right to disallow operation in account during the period of dormancy. 15. Neither the Bank nor its service providers shall be liable for non-delivery, delays delivery, errors, loss or distortion in transmission of sms or e-mail alerts to the customers. 16. As it is a mandatory requirement for branch customers to have a checking account for opening Investor Portfolio Securities, however all relevant T&Cs will be applicable as per regular Account Opening Form.

I / we hereby agree with the Terms & Conditions and the indemnity and the under taking given, which I/we have read, understood and confirm that the information supplied in the Account Opening Form are correct to the best of my/our knowledge. I/we confirm having received the copy of Account Opening Form along with Terms & Conditions of the account ______Customer’s Signature

3 Treasury & Capital Markets