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23/07/2021

INDEMNITY FOR HONOURING ELECTRONIC INSTRUCTIONS

We are fully aware that sale orders, payment instructions and other instructions on this Account shall be by written instruction signed according to my/our mandate. I/we hereby acknowledge that the use of facsimile (fax), telephone, e-mail, SMS messages e.t.c or other unsecured means of communication to convey instructions is associated with additional risks and fraud exposure.
In consideration of El-Elyon Alliance & Securities Limited agreeing to accept and upon any such instructions, communications and documents by facsimile (fax), telephone, email, SMS messages e.t.c unaccompanied by my/our signed written instruction; I/We hereby irrevocably undertake, legal fees and expenses, claims losses, liabilities, damages and proceedings) whatsoever that the Company may suffer or incur or that may arise as a result of El-Elyon Alliance & Securities Limited accepting or acting upon such instructions, communication or documents. Furthermore, I/We hereby irrevocably Release the Company from all liability in the event that any telephone, e-mail SMS messages, facsimile transmission or letter is not received, or mutilated, altered, illegible or interrupted, duplicated, incomplete unauthorized, or delayed for any reason.
The Company shall have absolute discretion, for any reason whatsoever, to act or act upon documentation received by facsimile, e-mail or SMS messages, telephone, etc unaccompanied by my/ our signed written instruction.

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