### Terms and Conditions

These terms and conditions shall govern the relationship between Globus Bank Limited (“the Bank”) and a person or legal entity (“Customer“ or “You” or “I/we” or “me/our”) who has accepted to be bound by same.

- I/We hereby authorise you to open an account in my/our name and authorise all cheques or other orders/instructions which may be presented with respect to the account provided that same is issued in accordance with my/our mandate and there are sufficient funds in the account.
- I/We hereby agree that we shall provide all information and document required by the Bank from time to time in relation to my/our account.
- I/We hereby agree that I/We shall bear full liability and/or consequence with respect to the issuance of any cheque, orders, bills, notes, negotiable instruments issued/deposited with respect to my/our account.
- I/We hereby agree that where there is any disagreement between us or within the officers of my/our company, the Bank may in its discretion freeze or restrict activities on the account pending the resolution of the disagreement.
- I/We hereby agree that any request made to the Bank by way of any application for a credit facility(ies) shall be signed by our authorized signatories.
- I/We hereby agree that in consideration of the Bank giving me/us financial and/banking accommodation and other facilities, the Bank shall in addition to any right of set-off or similar rights prescribed by law be entitled without notice to combine and consolidate all or any of my/our account with any financial institution in Nigeria and/or to set off any amount owed by me/us or either of us to the bank against account whether held on the current or deposit account or otherwise whether in Naira or any other currency in such institution.
- I/We hereby agree that the bank shall bear no liability for any funds handed to a staff of the Bank outside the Bank’s premises or outside banking hours.
- I/We hereby agree that the Bank shall not be liable for any loss of funds deposited with it due to any act or order beyond its control.
- I/We hereby agree that the Bank is fully indemnified against any liability that may arise from the operation or non-operation or negligence of my/our operation of the account.
- I/We authorise the Bank to debit our account with the applicable charges for legal search conducted on our account at the Corporate Affairs Commission or the relevant agency/authority.
- I/We agree that where any provision of these terms and conditions is found to be unenforceable or invalid under any applicable law, such unenforceability or invalidity shall not render the whole document invalid but same shall be deleted without affecting the remaining provisions.
- I/We hereby authorise and grant consent to the Bank to carry out the necessary checks on me/us at the various credit bureaus and reference agencies and also share with such agencies our information. The Bank is discharged from any form of liability or damages made against it by virtue of granting this consent.
- I/We hereby state that by the provision of any information by me/us to the Bank, the Bank is authorised to access any and all my/our information.
- I/We hereby indemnify the Bank at all times against any claim, suit, garnishee/mareva, costs, damages, legal fees which may be brought or incurred by the Bank in relation to my/our account.
- I/We hereby agree that speed or lack of interruption of the Web or Mobile banking services is not guaranteed at all times. I/we also agree that the service may be interrupted due to maintenance services or those of third-party agents who provide part of the service. In addition, the service may be affected by the coverage available from my/our mobile network provider and/or maintenance and upgrades they perform.
- I/We hereby state that all information provided by me/us to the Bank is true, complete and accurate.
- I/We hereby agree that I/we shall be solely responsible for the safekeeping and confidentiality of Personal Identification Number (PIN), user id, passwords, passcodes, statement of account, ATM card/details, cheque books, internet banking password/pin, tokens etc. and the Bank shall not be responsible at any time for any unauthorized access or liability.
- I/We hereby agree that the bank shall not be liable for any electronic virus or viruses that I/we may encounter in the course of usage of this service.
- I/We hereby agree that the bank shall not be liable for any network related issues.
- I/We hereby agree that we shall not issue any cheque or instrument without ensuring that our account is funded to accommodate such payment and I/we hereby authorize the Bank to enforce/report same to the regulatory/law enforcement authorities.
- I/We hereby agree that the bank may close our account(s), where there is a suspicious inflow into our account, in compliance with a regulatory order or where there is any fraud in relation thereto.
- I/We agree that we shall not issue cheque in favour of any staff of the Bank, or transfer money into his/her account and in the event of such, the bank is fully indemnified against all loss, claim, action, damages, request which may arise therefrom.
- I/We agree that the Bank may debit my/our account with banking charges, interests and fees as may be determined from time to time and I/we hereby exonerate the Bank from liability for taking such charges without prior notification.
- I/We hereby indemnify the Bank against any loss, damages, claim that may be occasioned on the account by reason of any falsehood or inaccuracy of any statement or information or misrepresentation made to the Bank.
- I/We hereby agree that the service is provided by the Bank on “as is” and “as available” basis and the Bank shall not be liable for any warranty of any kind, whether express or implied.
- I/We agree that this terms and conditions may change from time to time and I/we agree to be legally bound by the provisions of same and waive any rights to be formally notified.
- I/We hereby agree that the Bank reserves the right to close this account and to end this agreement if the operation of this account is not been satisfactory or where I/we have contravened any of these terms and conditions.
- I/We hereby agree that any changes in my/our name, telephone number, marital status, residential or office address or loss or compromise of information etc. will be communicated to the Bank as quick as possible.
- I/We agree that the intellectual property in the service shall continue to remain the property of the Bank and the Bank is entitled to terminate the service where same is used for any illegal or unacceptable purpose.
- I/We hereby agree that under no circumstances shall the Bank be liable for any indirect, consequential, special or exemplary damages arising out of or in connection with my/our access or use of the services.
- I/We hereby agree that the we may request closure of the account subject to not having any outstanding obligation to the Bank. I/we also agree that the Bank may close the account without giving any reason within three (3) days’ notice to me/us or immediately upon issuing a notice to me/us and all existing obligations has been sorted by me/us.
- I/We agree that this Terms and Conditions is governed by the laws of the Federal Republic of Nigeria and the courts of Nigeria may deal with any claim, dispute or difference arising therefrom.

Nigeria Data Protection Regulation (NDPR) Terms and Condtions

- The Nigeria Data Protection Regulation (NDPR) was introduced with the objective of safe guarding the rights of natural persons to data privacy, preventing manipulation of personal data and ensure safe conduct of transactions involving exchange of personal data. Globus Bank will ensure that same is complied with.
- We hereby state that we are the “data controller” and “data processor”, of your personal data and we shall only obtain and utilize same with your consent. We also state that your personal data will only be utilized for the purpose of providing banking services to you.
- We shall also ensure that all your personal data is adequately secured and kept confidential for as long as required by the regulatory authorities and/or except as required by the relevant regulatory or legal authorities.

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