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<ul>
<li style="font-weight: 400;" aria-level="1">Foreign currency denominated accounts may incur foreign currency services. Applicable foreign currency services will be debited from the available balance for customers availing such Foreign Currency Services. This may cause reducing balance even without customer induced withdrawals.</li>
<li style="font-weight: 400;" aria-level="1">The Bank may close the Account if KYC or identification documents are not updated regularly, or if required as internal policies or upon request from regulatory/judiciary entities.</li>
</ul>

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&nbsp;
<ul>
<li>&nbsp;An approval for the Finance once processed, is only valid for 30 days from the date of approval, and the Finance disbursal must be completed before that so as not to lose time, failing which re-approvals need to be sought internally.</li>
<li>The appointed Agent shall sign the relevant documents and undertaking on your behalf as per Salam structure.</li>
<li>If you pay off the Finance prior to the due date, you will pay prepayment charges at the rates described above.</li>
<li>If you are late to or fail to deliver the Commodities on the due date, you undertake to pay a donation amount at the rates described above.</li>
<li>If you fail to deliver the Commodities, or otherwise breach the Finance terms, this will be considered a default and the Bank will be entitled, among other things, to:</li>
</ul>
&nbsp;(a) Charge a donation amount of 2%p.a. for noncompliance to finance sanction terms;
&nbsp;(b) Cancel the Finance and demand full delivery of the outstanding commodities immediately;&nbsp;
(c) Report the default to the appropriate regulatory authorities including the UAE Central Bank and Al Etihad Credit Bureau and credit rating agencies, which will affect your credit rating;&nbsp;
(d) Bring legal proceedings against you.&nbsp;
&nbsp;
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The Bank may close the Account if KYC or identification documents are not updated regularly, or if required as internal policies or upon request from regulatory / judiciary entities.

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