General Terms and Conditions Between Rapid Companies (Hereinafter referred to as the Company) And the Client (Hereinafter referred to as the Client).

1. These Terms and Conditions are an integral part of any Agreement between the Company and the Client and between the Company and any other Party or Parties entered into the Agreement. By presentation of these Terms and Conditions by the Company, the Client certifies that he/they/we accept and understand all provisions of any business and that these Terms and Conditions shall follow them during the validity of any dealings, be those of private, commercial or any nature.

2. By submitting any application the Client is agreeing to the following: the Client requests the Company to arrange the above facilities and agrees to pay any fees due, which the Client understands will be fully refundable, in the event of the application being declined and the services not provided. The Client understands that the Company provides information and referral services only, and that it does not offer banking services or accept deposits on behalf of its participants or offer credit facilities.

3. The Client understands that all deposits (where applicable) are to be paid to the appropriate institution, and not to the Company.

4. The Company is not liable for the consequences of any possible forgery, nor shall the Company be liable for funds transferred into any account as per Client's instruction.

5. The Company shall not be liable for the damage incurred due to insufficient legitimacy or dishonesty of any undisclosed nature. The Company is not liable before the Client for accidental damage, neglect or act of war.

6. The Client shall be liable for any damage caused by his/their civil incapacity or those of his/their authorised representative if the Company has not been notified in writing of the restrictions of capability of the Client or his authorised representative.

7. Funds transferred into the Client's account are credited to a multi-currency account in the currency of remittance unless otherwise requested in writing by fax or electronic transmission

8. Any instruction to the Company should have an exact wording in respect to the subject of a transaction. Corrections, confirmations and repetitions should be clearly marked as such.

9. All claims by the Client in respect to improper execution of the Client's instructions (orders) to the Company have to be submitted to the Company in writing not later than 24 hours after the date of execution of the original instruction (order). The company will endeavour to rectify any mistakes of the instruction (order) but will not be held liable for them.

10. In any Client's instruction (order) transmitted to the Company by fax or electronic transmission, the Company shall not be liable for any possible damage incurred to the Client as a result of abuse, alteration, forgery or fraud on the part of any third party to that transmission.

11. The Company will not be responsible or liable for any investments, security, purchases or advice made directly or indirectly to/on behalf of its clients, either singly, jointly, severally or corporately. Under no circumstances will the Company be responsible for the performance, recommendation, dishonesty or lack of performance or liquidation of any third party. The Client accepts that the Company acts and gives advice only in good faith.

12. In handling any instructions transmitted by fax or modem, the Company has a right, as a precautionary measure, to request a confirmation from the Client in person by telephone.

13. In executing the Client's instructions, the Company is not liable for delays, errors, misunderstandings, etc., due to distortion of instructions transmitted by fax or modem or any other reason beyond the Company's control.

14. The Company is not liable for mistakes, omissions, delays or non-payments or failure of any Bank or third party or for any consequences caused by their financial standing.

15. In settlement of any debt from the Client to the Company, the Company has the right to deduct the debt from any funds in the client's account without notice. The Company is not liable for the legality or inopportune execution if such execution occurred due to the reasons beyond control of the Company.

16. The Company shall charge the Client fees for services provided. The Company retains the right to change the fees without any notice.

17. Besides fixed and/or agreed, fees and commissions the Client bears all expenses for phone, fax, mail charges, travelling expenses, accommodation and etc; incurred during any business with the Company. The Company will debit/deduct from the Client's account for any and all of those charges without notice.

18. The Company itself may cancel incorrect entries to the account made by mistake of the Company's clerk by an ordinary reversing.

19. The Company guarantees confidentiality of information about their Client's accounts, dealings and transactions. Any information about any legal entities and/or transactions or dealings is released only in cases stipulated by the current legislation of the court of law in the applicable country.

20. The Company retains the right to terminate relations with the Client if the Company receives the information forcing it to do so. There is no requirement for the Company to disclose such information to the Client.

21. This Agreement is no longer valid after three working days from the day when the Client submitted the application in writing, by mail or any electronic transmission for cancellation of this Agreement to the Company, under the condition that the Client has met all liabilities before the Company. The Company has the right to amend these Terms and Conditions without any notice and cancel any Agreement within three working days by way of notification to the Client in writing, by mail, or any electronic transmission.

22. The Company and the Client agree that any and all disputes, including those involving any third party, will be settled by way of negotiation. If both/either/all parties fail to reach an agreement, then the parties will appoint arbitrators in the country where the dispute originated. Such matters shall be final and exclusively settled by arbitration without recourse to courts of law in any country or jurisdiction.