a) Where a Customer is indebted to the Bank, the Bank has a general lien over all property/ assets of the Customer in the Bank’s possession, including, but not limited to cash, goods, securities or valuables deposited for safe custody as security, cheques presented for repayment, bills and any other property movable or immovable charged to secure repayment of any money whether or not that money has been repaid; and also over all property over which by the general Law the Bank has a lien.

b) Where the Customer is indebted in circumstances giving the Bank a right of set off all securities as set out in paragraph (a) hereof are held as security for the debt.

c) The Bank may at any time give the Customer notice in Writing that if an accrued debt is not paid within a period being not less than 14 days of the notice then the Bank may without further notice realize sufficient of the Customer’s assets to discharge the debt, Any part payment will be accepted strictly on account and without prejudice to the Banks rights.

d) If the debt is not discharged within the time allowed, the Bank may realize sufficient of the Customer’s assets to discharge the debt, and the Customer constitutes the Bank attorney for the purpose of conducting the sale, giving title to the assets sold and all other necessary matters. Any sum remaining after such a transaction will be held for the Customer subject to these Terms and Conditions

e) The Bank is under no obligation in respect of any sale under sub clause(d) To the Customer other than for bad faith. The Bank accepts no liability for any loss caused by exchange fluctuations.

f) Deposits including those held in foreign currencies for a given period of time may be set off against debts notwithstanding that the period of the deposit has not expired