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(the “Terms (“SBSA”) and - Standard Bank

foreign exchange transactions general conditions 1. Introduction These foreign exchange transactions general conditions (the Terms ) govern the relationship between The Standard Bank of South Africa Limited ( SBSA ) and Counterparty (as defined below) with regard to transactions (as defined below). The Terms are, unless otherwise stated herein, deemed to be incorporated in and applicable to each Transaction. 2. Interpretation In the Terms, unless a contrary intention clearly appears . any one gender shall include the other;. the singular shall include the plural and vice versa; and natural persons shall include legal entities (corporate or unincorporated) and vice versa.

1 The Standard Bank of South Africa Limited Reg. No. 1962/000738/06 Registered Bank Version: 16 July 2018 Foreign Exchange Transactions General Conditions

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  General, Conditions, Transactions, Foreign, Exchange, Foreign exchange transactions general conditions

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