• The Call Account shall at all times be maintained by the customer with credit balance and no overdraft facility will be available in connection with the same.


• The Call Account can only be opened in such currency and with such minimum balance as the Bank may stipulate from time to time.


• The Call Account and amounts lying to the credit therein are non-transferable and no right title interest therein or any part thereof can be transferred or secured by the customer to or in favour of any person without the prior written consent of the Bank.


• Interest is calculated on the credit balance maintained in the Call Account at the end of each day at the rate as may be determined by the Bank from time to time at its sole discretion. Interest so calculated shall be credited to the Call Account on a monthly basis within 3 business days after the end of each calendar month.


• The Bank reserves the right to impose service charges on accounts and the services in connection therewith as may be determined by the Bank in its sole discretion including without limitation any charges which may be permitted or suggested pursuant to the rules of any regulatory body or organisation of which the Bank is a member.


• For the avoidance of doubt the balances lying to the credit of Call Account shall also be subject to the provisions of Section I, Clause 7 (Banker's Lien and Right of Set Off) of the Terms.

• The Current Account shall at all times be maintained by the customer with credit balance and no overdraft facility will be available in connection with the same.


• A cheque may only be issued if sufficient funds are available in the Account to pay against the cheque.


• The cheques shall be provided to the account holder by the Bank upon the payment of such fee as may be prescribed by the Bank.


• The facility to draw cheques against balances in the Account shall be made available subject to such fee as may be prescribed and strict compliance by the account holder with all instructions, procedures and processes prescribed by the Bank with respect to cheques.


• Unused cheques must be kept in a secure place.


• The account holder will be held responsible for misuse of cheques or failure to ensure proper handling of cheques.


• All unused cheques must be returned to the Bank or accounted for (to the satisfaction of the Bank) at the time of closure of the account.


• The Bank reserves the right to refuse to honour a cheque if it doubts the authenticity of the cheque.


• Bearer cheques may not be issued without the express written consent of the Bank.


• The issue, acceptance and clearing of cheques is regulated by the CBB and these Terms and the use of the cheques shall be subject to the instructions and guidelines of the CBB.


• The Current Account can only be opened in such currency and with such minimum balance as the Bank may stipulate from time to time.


• No right title interest therein or any part thereof can be transferred or secured by the customer to or in favour of any person without the prior written consent of the Bank.


• No interest shall be paid in the Current Account.


• The Bank reserves the right to impose service charges on accounts and the services in connection therewith, as may be determined by the Bank in its sole discretion including and without limitation, any charges which may be permitted or suggested pursuant to the rules of any regulatory body or organisation of which the Bank is a member.


• As provided in the rule book of Central Bank of Bahrain (CBB), the bank must share the details of cheque returns meeting certain criteria.


• The Bank reserves the right to implement the restrictions on the account of a person declared an "abuser of cheques" by CBB as set out in the Chapter BC 5 of the CBB Rulebook on Business and Market Conduct - the rulebook is available at the CBB website.


• The terms and conditions set out in this section shall, in addition to the general terms and conditions ("Terms"), apply to current accounts opened and maintained with the Bank, as amended, modified, supplemented and varied from time to time.

1. General

• The Facility offered by the Bank to its Registered Users (defined hereinafter in Clause 3.3) is in addition to the remittance facility offered by ICICI Bank Ltd. (India) through Money 2 India (M2I) and through tie-ups with Correspondent Banks and Exchange Houses, which are governed by the respective terms and conditions for such remittance facility. The Generic Terms and Conditions for M2I would be mutatis mutandis applicable to the Facility of the Bank, so far as the Facility is utilising the services under M2I, whether such utilisation is done by the Registered Users or by the employees or agents of the Bank for the Registered Users.


• All remittance requests received from customers through any of the applicable ICICI Bank channels are subject to a comprehensive processing procedure. This procedure encompasses internal checks and adherence to all applicable guidelines and regulatory requirements mandated by the Bank and relevant regulatory authorities. We kindly request your patience and understanding on the same. Should you have any inquiries or require further information, please reach out to your relationship manager or our customer support team on 80004877 (Bahrain) or on +973-17576161 (outside Bahrain). 

2. Eligibility

• Only Registered Users of the Facility (defined hereinafter in Clause 3.3) are eligible to avail the Facility.


• Remittances can only be made to a registered beneficiary.

3. Registration

• Applicant(s) desiring to Register with the Bank for availing the facility need(s) to execute Remittance Registration Form or such agreements/ forms and provide and furnish such documents as may be required by the Bank. The documents listed in the application forms are not an exhaustive list of requirements and the Bank reserves the right to require submission of such other documents as may be determined by the Bank on a case to case basis.


• The Registration shall be carried out only when the documents submitted to the Bank are complete in all respects to the satisfaction of the Bank. Acceptance of documents by the Bank does not confer any right to the applicant for registration. The applicant or the Registered User as the case may be, is bound to furnish any further documents or rectification of the documents already submitted to the Bank as and when required by the Bank. The Bank is entitled to hold back or suspend the Registration or part or whole of the services offered/ provided or to be offered or provided to the applicant or Registered User till receipt of the documents or rectification as sought by the Bank.


• Each applicant on Registration will be represented by a remittance Identification No. ("Remittance ID")The Registered applicant who has been issued the Remittance ID is referred hereinafter as "Registered Users".

4. Registration of the Beneficiary

a) In order to register a Beneficiary the Registered User will have to provide the Bank with the following details for each Beneficiary

• Name of the Beneficiary


• Postal address of the Beneficiary


• Beneficiary's Account Number.

- Where the Beneficiary is an account holder of ICICI Bank, India the Registered User will have to provide the Bank with the   Account number of the Beneficiary and type of account.

- Where the Beneficiary is not an ICICI Bank, India account holder the Registered User will have to provide the Bank with   name of the Beneficiary's Bank, branch address, account number along with the type of the account the Beneficiary holds.

b) The Registered User may also need to provide the Bank with a valid email address of the Beneficiary.

The Registered User may be required to provide the Bank with certain additional details of the Beneficiary depending on the payment transfer method chosen.

The Registered User will have to provide a unique nick name for each nominated Beneficiary in order to enable the Bank to identify that nominated Beneficiary.

When a Beneficiary is nominated to be registered for remitting money the Bank will check whether that beneficiary is already registered. If the beneficiary is not registered Anti- Money Laundering checks will be conducted on the beneficiary details as provided. The beneficiary will be registered within a reasonable period of time after verifying the beneficiary details provided. Once the beneficiary is registered the Registered User can transfer money to the beneficiary. The beneficiary registration status will be available under the "Registered Beneficiary" option accessible by the Registered User in the logged in section of internet banking.

For each remittance transaction, the amount to be remitted to the Registered Beneficiary and confirmation for further processing of transaction will have to be provided by the Registered User.

Any number of beneficiaries can be registered by a Registered User.

Once a transaction along with the Registered Beneficiary details has been confirmed by the Registered User it cannot be changed.

5. Other Terms

• The Bank shall not be under any duty to assess the prudence or otherwise of any instruction or transaction given or entered into by the Registered User.

   

• The Bank shall be entitled, in its sole and absolute discretion, to refuse to comply with all or any of the Registered User instructions without assigning any reason.

   

• The Registered User cannot cancel any instructions once provided, save and except as specifically permitted by the Bank. Additionally, when the Registered User places a request to cancel an instruction or a transaction that has been authorised by the Registered User, such cancellation is not guaranteed by the Bank. Such instruction or transaction will only be cancelled if the Registered User's request for cancellation is received and acted upon before the instruction or transaction has been executed.

   

• The Bank and the Alliance Partners shall have the right to, and the Registered User hereby authorises The Bank and the Alliance Partners to, verify any information provided by the Registered User.

   

• The Bank shall endeavour to take reasonable measures, which may include encryption, to ensure that the Registered User's personal information is not disclosed to any person except to the Bank, Alliance Partners, Service Providers, other persons to whom the information may be provided as per the Bank's Privacy Policy and other persons specified by the Registered User. However, since the Bank is using the Internet for executing the remittance requests and Internet is an open system and the Bank cannot, and does not, guarantee that the personal information which the Registered User furnishes will not be intercepted or accessed by others and decrypted. The Bank, the Alliance Partners and Service Providers shall not be liable or responsible should any confidential or other information provided by or pertaining to the Registered User (included credit card numbers, bank account numbers, passwords, personal identification numbers, IDs, transaction details, etc.) be intercepted and subsequently used by an unintended recipient.

   

• REWARD POINTS: Any scheme for awarding or securing reward points or other rewards or prizes (by whatever name called) is available only to Persons who are eligible for the same under the rules of the concerned scheme and the applicable laws of India and other concerned jurisdictions. The Registered User is therefore required to verify that the Registered User is eligible before participating in any such scheme. The Bank is not responsible or liable for the performance, quality or any other aspect of any rewards, prizes or items manufactured or supplied by third parties against any redemption of the points or otherwise pursuant to such scheme, and the Registered User's recourse for the same will be only against the persons who have manufactured or supplied the same.



• The Transaction limit for Online transaction using Internet is BHD 4500 per remitter, per transaction. ICICI Bank Limited Bahrain Branch reserves the right to modify/change the limit without giving prior notice.
  
  The Registered User needs to check the account statement for successful transactions done in last 30 minutes, before proceeding to the next transaction.

6. Disclaimers

• The Bank disclaims the liability to any damage or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of record, whether for breach of contract, tortuous behaviour, negligence, or under any other cause of action.

   

• The Bank offers the Facility strictly on a no-liability basis and ICICI Bank shall not be liable to the Registered User or any other third party for any direct, indirect, incidental, special, exemplary, punitive, consequential or other damages (including without limitation loss of profits, loss or corruption of data, loss of goodwill, work stoppage, computer failure or malfunction, or interruption of business) under any contract, negligence, strict liability or other law or theory arising out of or in connection with the Facility, or any Facilities, products or services mentioned or advertised on or accessed or availed or any contract or transaction entered into or executed in pursuance thereof (however arising, including negligence) or resulting from the use of or inability to use, access or avail of the Facility, service or product or out of any breach of any warranty. Under no circumstance shall the Bank be liable for any damages whatsoever whether such damages are direct, indirect, incidental consequential and irrespective of whether any claim is based on loss of revenue, investment, production, goodwill, profit, interruption of business or any other loss of any character or nature whatsoever and whether sustained by the Registered User or any other person.

   

• If any disclaimers or limitation of liability in the Terms and Conditions are held to be unenforceable, the maximum liability of the Bank (or the concerned Affiliate Partner or Service Provider, as the case may be) to the Registered User shall not exceed the amount of fees paid/payable by the Registered User to the Bank (or the Affiliates Partner or Service Provider, as the case may be) for the Facilities, products or services that the Registered User have ordered or availed.

   

• Delays in the Transactions and Non-Liability for Damages:

   

While the Bank shall endeavour that the Registered User's instructions and the Registered User's transactions pursuant to Facilities provided by the Bank are communicated, carried out and/ or performed promptly, the Bank does not guarantee that any instructions will definitely be communicated or carried out or that any transactions will definitely be performed; and the Bank shall not be responsible for any delay in communicating, carrying out or performance of any instructions or transactions due to any reason whatsoever, including by reason of failure of operational systems for reasons including but not limited to virus attacks, natural calamity, floods, fire and other natural disasters, legal restraints, faults in the telecommunication network or network failure, software or hardware error, labour problem, strike or any other reason beyond the control of the Bank.

• The Bank shall not be responsible for any unauthorised interception of e-mail or any other communication through whatever mode to or from ICICI Bank.

   

• To the extent possible, the disclaimers, limitations on liability and indemnities available to the Bank under the Terms and Conditions shall mutatis mutandis extend and be available also to the Alliance Partners and Service Providers and its/ their respective directors, officers, employees, agents, successors, assigns, consultants, sponsors, affiliates, content providers and every one involved in creating, producing, delivering or managing the Website (or any part thereof) or any Facility. However this clause shall not protect the aforesaid Persons or extend to their obligations and liability to the Bank or the Bank's claims against them.

7. Terms specific to the Facility

• Subject to the relevant regulatory approvals, terms and conditions imposed while granting the necessary approvals and other terms of this Facility, this Facility, on it being made available, enables the Registered User to remit or send foreign currency from Bahrain to an account in India after conversion into Indian Rupees. The Bank shall be responsible for acting on the remittance requests, collecting money in foreign currency, converting it into INR and remitting it to the beneficiary in India as instructed by the Registered User. The foreign exchange conversion rate shown for the calculation on the Website is only indicative to help the Registered User to arrive at an approximate INR amount that the beneficiary will receive. It is in no way guarantees or represents, the foreign exchange conversation rate that will actually be applied to the foreign exchange sent by the Registered User (the remitter). The Bank will be responsible for the conversion to INR, and will apply the foreign exchange conversation rates prevailing on the day of conversion, or other rates as per its discretion.


• The Registered User should pay the foreign currency in cash or debit to account or by cheque or draft or such other acceptable mode. Payment of the foreign currency by credit card will not be accepted. The Bank will remit the funds into India only after it has received a confirmation that such foreign currency has been received in its account. Thereafter, after deducting the appropriate charges/ fees, the money will be transmitted by the Bank to the bank account in India designated by the Registered User. If it comes to the notice of the Bank that the Registered User had insufficient funds in the account from which the Registered User requested the remittance of money, the Bank may cancel the requested remittance transaction and the Registered User/ the Registered User shall bear full liability and responsibility for the same. In the event the above is learnt by the Bank after the recipient of the remittance has encashed the DD or otherwise received the remittance, the Registered User will be liable to reimburse the Bank of the amount remitted and any other charges and costs incurred by the Bank. The Registered User agrees to pay to the Bank such amount immediately upon the Bank's demand along with interest @ 2% per month from the date of the remittance by the Bank till the receipt of funds by the Bank from the Registered User. The Registered User also agrees to pay for all costs associated with the recovery of amounts owed to the Bank, including reasonable attorney's fees and court fees. The Bank shall also be entitled to inform any credit bureau or any other person or entity if the Registered User fails to pay/ reimburse such amount or any part thereof to the Bank.


• While it shall be the Bank's endeavour to adhere to the time schedule indicated by it, the Bank will not be responsible or liable for any changes in the time schedule for execution of the Registered User's instructions or remittance/ credit of funds for any reason. The Facility or the instructions for availment of the Facility should be construed as advice of any nature and the Registered User is advised to consult professionals in this regard prior to taking any decision. Further, this Facility does not, in any way, solicit or encourage the Registered User to enter into any such transaction. The Bank shall not, under any circumstances, be responsible for any loss suffered due to any fraud or other actions of the Registered User. Further, this Facility is offered subject to the applicable laws of any other country, including the country from which the funds are to be remitted, and it shall be the Registered User's responsibility to ensure that these laws are adhered to. The Bank accepts no liability whatsoever, direct or indirect for non-compliance with the laws of any country other than that of Bahrain. In the event the person to whom the funds are remitted requires for any reason the funds to be redirected to another account/ location, or any other additional service is required, the Bank shall levy additional charges and remit the amount after deducting such additional charges.


• The Bank shall in no way be held responsible and/or be liable for any queries, errors, disputes or delays in messaging, money transmission, currency conversion, conversion rates offered, payment to the beneficiaries of the remittances or any other query, claim or dispute. The Bank will, however, assist the Registered User in contacting the Bank to facilitate resolution of such queries, claims and disputes to the best of the Bank's ability.


• The Registered User will not be entitled to any interest for the period during which the funds to be remitted are with the Bank, or pending remittance or are in the course of remittance, or for any other period.


• The Registered User hereby authorizes the Bank to check the Registered User's credit history at the time of and/or prior or subsequent to Registration and to obtain follow-up credit reports relating to the Registered User.


• The Registered User hereby agrees that, where the Bank so deems advisable or necessary, the Bank may hold the money (to be remitted to India) for longer than the usual time for remittance, and may delay the remittance.


• The Registered User hereby agrees that the Bank has no control over when the beneficiary's financial institution (though whom the beneficiary chooses to receive the remittance) makes such funds available for the beneficiary's use and the Bank shall not be responsible for any delay or default on the part of such financial institution.


• The Registered User confirms that the remittances are not meant for any purpose, which is in conflict with any law in Bahrain, India, or elsewhere.



• Under no circumstances will the funds to be remitted to India or any portion thereof be allowed to be transferred out of India under the Facility.

8. Disclosure

• The Registered User hereby irrevocably authorises the Bank to disclose, as and when the Bank is required to do so by applicable law or when the Bank regards such disclosure as necessary or expedient (including but not limited to disclosures for the purpose of credit review of any account of the Registered User with the Bank or any ICICI Bank Limited branch whether singly or jointly with others or otherwise), any information relating to the Registered User, its account(s) or other assets held on the Registered User's behalf to:
  
  
  1. its head office, affiliates or any other branches or subsidiaries of ICICI Bank Limited; 
  
  
  2. its auditors, professional advisers and any other person(s) under a duty of confidentiality to the Bank;
  
  
  3. vendors, installers, maintainers or servicers of the Bank’s computer systems;
  
  
  4. any exchange, market, Courts, or other authority or regulatory body having jurisdiction over the Bank, its head office or any other branch or subsidiary of ICICI Bank Limited or over any transactions effected by the customer or for the customer's account;
  
  
  5. any party entitled to make such demand or request;
  
  
  6. any person with whom the Bank contracts or proposes to contract with regard to the sale or transfer or sharing of any of its rights, obligations or risks under the Terms;
  
  
  7. any person (including any agent, contractor or third party service provider) with whom the Bank contracts or proposes to contract with regard to the provision of services in respect of the customer's account(s) or in connection with the operation of the Bank's business; 
  
  
  8. any person employed with, or engaged as an agent by, the Bank or its head office or affiliates, including any relationship officers, whether in Bahrain or elsewhere, for the purposes of or in connection with interactions with the customers or providing services to the customers or processing transactions pertaining to the customers’ accounts; and
  
  
  9. to enable the Bank to centralize or outsource its data processing and other administrative operations) to the Bank’s head office, its affiliates or third parties engaged by the Bank (whether within or outside Bahrain) for any such services/operations. 
  
  
• Any Registered User with an account with any branch of ICICI Bank Limited located outside Bahrain hereby agrees to provide on a voluntary basis all his / her / its personal and account information and records to the Bank which, together with any information generated or received by the Bank, may be:
  
  
  1. collected and kept by the Bank (including any agent or subcontractor appointed by the Bank) in any country (as the Bank may consider appropriate) for the purposes of the Bank maintaining its relationship with the customer and offering or providing services on accounts or investments made with or through the Bank or other future services or products;
  
  
  2. used by the Bank to carry out matching procedures whether or not for the purpose of taking adverse action against the customer(s) or maintain a credit history (whether or not the relationship with the Bank is terminated) for the Bank’s present or future reference.
  
  

• The Registered User hereby agrees and consents that the Bank shall be entitled, in connection with the Registered User's application for any account, facilities or services provided by the Bank, or during the course of the Registered User's relationship with the Bank, to obtain and procure information pertaining to the Registered User or any of his/ her/ its accounts, legal or financial position from whatever sources available to the Bank.

9. General Provisions

• The Terms as amended from time to time as aforesaid together with other rules of the Bank pertaining to specific products shall constitute a binding contract between the Registered User and the Bank and the Registered User represents and warrants that these Terms will be legal, valid, binding on and enforceable against the Registered User, his/ her/ its executors, administrators, successors and/ or other legal representatives.


• The Bank has been granted a Conventional Retail Banking license by the Central Bank of Bahrain (CBB). The CBB has granted license to the Bank for establishing a Retail Banking Unit (RBU) with a permission to provide banking services to all nationalities in the Kingdom of Bahrain. As an RBU the Bank is expected deal with residents only to the extent permitted by CBB. As part of the retail banking services the Bank is permitted to offer banking services to individuals of all nationals resident in Bahrain. The Bank is now part of the clearing system of Bahrain and is subject to the terms on which the Bank has been admitted as a member of the local clearing system. For more information about the Bank, you may approach any office of ICICI Bank Ltd.


• Neither the Bank nor any of its agents, employees or servants shall be responsible or liable in any way for any direct or consequential loss suffered by the Registered User, its agents, employees or servants in any of the following situations:-
  
  
  1. as a result of taking or omitting to take any action pursuant to any orders or instructions given or purported to be given by the customer or its duly authorised representative(s) or any person whom the Bank believes to be the customer or its duly authorised representative(s), save in the case of wilful default or gross negligence; 
  
  
  2. in respect of the authenticity, regularity, validity or value of any documents handled by the Bank on the customer's behalf or the correctness of any translation or the interpretation of any terms appearing in any such documents; 
  
  
  3. for any failure to take, or delay in taking, any action required to be taken hereunder in the event that and to the extent that the taking of such action is prevented or delayed by war (whether declared or not and including existing wars), revolution, insurrection, fire, explosion, stoppage of labour, strikes or other disputes with employees, laws, regulations, orders or other acts of any governmental authority, or any other cause whatsoever beyond the Bank's control; 
  
  
  4. for any loss or damage sustained by the customer resulting directly or indirectly from its reliance on any statement of account or balance confirmation certificate which the customer has, or is deemed to have, verified to be accurate pursuant to these Terms;
  
  
  5. if, for any reason beyond the Bank's control, the operation of the customer's account or the Bank's ability to account to the customer for any monies in the customer's account is restricted or otherwise affected;
  
  
  6. if the value of the funds credited to the customer's account shall diminish due to taxes, deductions, withholdings, imposts or depreciation; and
  
  
  7. if the customer is unable to obtain payment of funds from its account(s) due to restrictions on convertibility, involuntary transfers, foreign exchange controls, distraints of any character, or any other causes whatsoever which are beyond the Bank's control whether arising in Bahrain or in any place in which the Bank has deposited such funds.
  
  
• The Registered User undertakes and agrees to indemnify the Bank on a full indemnity basis against all present and future stamp duties, taxes (but excluding taxation on the Bank's profits), levies, losses (direct or consequential), costs, charges, expenses (including legal fees on a full indemnity basis) and other liabilities incurred by the Bank as a result of or in connection with the execution, delivery, registration, performance or enforcement of the Terms or losses and/or damages which the Bank may incur in giving effect to the Registered User's instructions, including but not limited to losses, damages, costs, expenses and/ or charges arising from:-
  
  
  1. the operation of the customer's account(s) or the provision of services hereunder; 
  
  
  2. any breach of trust or other fiduciary obligation binding on the customer;
  
  
  3. acting on instructions or orders purportedly given by the customer or of person or persons who purports to have been authorised by the customer;
  
  
  4. acting or not acting on the basis of any information or instructions given by the customer where, in either case, the Bank believes in good faith the information or instructions to be given in breach of any duty imposed on the customer or in excess of powers vested in the customer; and
  
  
  5. exercising the Bank's rights of setoff, combination, consolidation, lien or any other right. 
  
  

These indemnities constitute a separate and independent obligation from the other obligations contained in the Terms, shall give rise to a separate and independent cause of action, shall apply irrespective of any indulgence granted by the Bank and shall continue in full force and effect despite any judgement, order, claim or proof for a liquidated amount in respect of any sum due under the Terms, any judgement or order. No proof or evidence of any actual loss may be required.

• The invalidity, illegality and enforceability of any of the provisions of the Terms shall not prejudice or affect in any way the validity, legality or enforceability of the remaining provisions of the Terms. Any provision of the Terms that is invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction only, be ineffective to the extent of such invalidity, illegality or unenforceability, without rendering invalid, illegal or unenforceable the remaining provisions of the Terms in such or any other jurisdiction.
  
  If any provision in the Terms shall conflict or become inconsistent with any applicable laws or regulations for the time being in force or the rules of any relevant authority or body having jurisdiction over the subject matter of the Terms or its application, then for such purposes (but not further or otherwise) the Terms shall be construed as if such provision shall have been modified in such manner as the Bank may in its discretion deem necessary for the purpose of giving the fullest possible legal effect to the Terms.


• No failure or delay on the part of the Bank in exercising any right, power or privilege under the Terms shall operate as a waiver thereof or of any other right, power or privilege of the Bank, nor shall any single or partial exercise of any right, power or privilege of the Bank preclude any other or further exercise hereof or the exercise of any other right, power or privilege of the Bank.


• In the event of war, revolution, insurrection, military disturbances, riot, civil commotion or other similar action, strike, lockout, stoppage or restraint of labour, seizure or confiscation of currency or other assets or other governmental action, any imposition of currency exchange control by any government, any act of God, any event outside the control of the Bank, or any implementation of any laws, by-laws, restrictions, regulations, orders or directives imposed by any authority, regulatory body or government, whether or not having the force of law, which in the Bank's opinion hinders or prevents the performance by the Bank of its obligations under the Agreement (whether of delivery or payment or otherwise) or any Contract (an "event of force majeure"), then the Bank may elect either (i) to postpone its performance until the event of force majeure no longer has such effect or (ii) terminate the Terms by giving 30 days' notice to the Registered User.


• The Registered User may not assign any of its rights or transfer any of its obligations hereunder. The Bank shall be entitled to assign all or part of its rights and/ or transfer all or part of its obligations hereunder to such party as it may deem fit without further reference to the Registered User.


• Unless otherwise agreed, any notice or other communication (other than statements of account and balance confirmation certificates) to the Registered User may be delivered to the Registered User personally or sent by post, telex or fax at the address, telex or fax number given in the relevant account opening form of the Bank signed by the Registered User or as last notified in writing to the Bank and shall be deemed to have been received by the Registered User two (2) days after dispatch if sent by post to an address in Bahrain, or seven (7) days after dispatch if sent by post to an address outside Bahrain, or immediately upon completion of transmission if sent by fax or telex and immediately upon delivery if delivered personally.

The Registered User shall notify the Bank immediately of any change of address or other information previously provided to the Bank by the Registered User and deliver to the Bank the relevant documents detailing such changes.

Any writ, summons or other process may be served on the Registered User by mailing the same to the Registered User in accordance with the above and shall be deemed to be good service on the Registered User. The foregoing shall not however preclude the Bank from effecting service of process in any other manner permitted by law.

• The Bank reserves to itself the right to alter, delete or add to any of the Terms at any time in its discretion and such alterations, deletions or additions shall be deemed to be effective and binding on the Registered User 30 days after the Bank's notice thereof to the Registered User.

   




• The Terms shall be governed by, and construed in accordance with Bahrain law. The Registered User hereby irrevocably submits to the non-exclusive jurisdiction of the Bahrain courts in connection with any action or proceeding that may arise out of or in connection with the Terms. Such submission shall not prejudice the Bank's right to commence action against the Registered User in any other court of competent jurisdiction.

ICICI Bank Limited Bahrain Branch reserves the right to modify the General Terms and Conditions without giving prior notice.

ICICI Bank Limited's Bahrain Branch is Licensed and regulated as an overseas conventional retail bank by the Central Bank of Bahrain, located at Building 2611, Road 2833, Block 428, Seef District, PO Box 1494, Kingdom of Bahrain.