The Customer in Trade Finance Global and Trade Finance Net Services

The Customer in Trade Finance Global and Trade Finance Net Services

<p> Trade Finance Global – Roll over of authority from TFNS</p><p>Parties The Customer in Trade Finance Global and Trade Finance Net Services Company name Registration No.</p><p>The Bank Company name Nordea Bank Finland Plc Introduction Trade Finance Global (“TFG”) is a new electronic interface through which the Customer (for itself or any third party which it represents) can communicate with the Bank and amongst others submit to the Bank and other members of the Nordea Group applications, orders and requests concerning trade finance services and receive messages concerning such services. Trade Finance Global replaces Trade Finance Net Services (“TFNS”) which is a similar service. Terms not defined herein shall have the meaning ascribed to them in the TFG agreement for the Customer. In TFG the Customer is represented by Administrators, Supervisors and Users. In TFNS the roles are Supervisor and User. The authority which follows with the Supervisor and User roles in TFG are substantially the same as in TFNS. In order to simplify the transition from TFNS to TFG the Bank offers the Customer to roll over all roles and authority from TFNS to TFG. Roll over of roles and authority The Customer hereby instructs the Bank to set up the persons acting as supervisors in TFNS as Supervisors in TFG. The Customer further instructs the Bank to set up the persons acting as users in TFNS as Users in TFG and to register such Users’ authority in TFG such that it reflects the same user’s authority in TFNS. The Customer is aware and accepts that the authority in TFG may not exactly reflect the authority of the same person in TFNS. Survival of certain terms in the terms and conditions for TFG The Customer hereby agrees that Clauses 16 and 27 of the General Terms and Conditions for Trade Finance Global (2015:1) shall survive the termination of the TFG Agreement, unless the Customer gives the Bank express notice that such provisions shall terminate at the same time. Law and Jurisdiction This document shall be governed by the laws of the country governing the TFG agreement for the Customer and any dispute in relation hereto shall be settled by the courts in such country as set out therein.</p><p>Place and date , </p><p>______* ______* *Authorised signatory’s name in capital letters</p>

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