|We have revised clause 19.4 to clarify that amounts in your account (including any interest earned by you for a product) may be subject to withholding tax.
We have added a new clause 19.5 to make it clear that we may withhold amounts in any account at any time if required by law, an authority, any agreement with any regulator or authority or if we need to comply with internal policies or with any applicable order or sanction of an authority.
To make our terms fairer, we have made changes to clause 20.1 to limit the scope of indemnity given by you such that you will not be required to indemnify us if any loss incurred by us is caused by our fraudulent actions, wilful misconduct or gross negligence.
We have revised clause 21.6 to clarify that payment due date that falls on a non-banking day shall be postponed to the next banking day.
We have added a new clause 21.7 to provide that we may block any account at any time or withhold amounts in any account at any time if required by an authority, law, agreement with any regulator or authority or if we need to comply with internal policies or with any applicable order or sanction of an authority.
We have added a new clause 22.2 to clarify that any quote for a currency conversion exchange rate is indicative only, and we are not under any obligation to enter into any transaction at such quoted rate. We have also provided that the exchange rate applicable to any transaction shall be conclusively determined by us at the time that the transaction is accepted by us and we will subsequently notify you of the rate applicable to such transaction.