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Maximum Out-of-pocket Expense
Independent contractor
Bank & Institutional Related Charges
Insurance Charges
Home > Investor Relations > Earning Protection > Expenditure Incurred > Bank & Institutional Related Charges

Bank and Institutional Related Charges

Where HD Faculty™ incurs bank and institutional related charges, the Client is required to undertake to pay all bank and institutional fees and charges for their participation, be it by way of issuance by wire, payment, authorization, advising, confirming, negotiating, issuing, or undertaking any transaction/(s), with and without a demand deposit at the bank, reimbursement request, approval to negotiate, amendment, transfer, discrepancy, and for the return of documents.

In addition, any transaction arising under credit in favour of the Client or its project, may be subject to the respective bank’s fee schedule for movement of money, be it in the form of collections, incoming and outgoing wire transfers, foreign currency payment, or receipt, telecommunication, tracers, or any form of research in respect to the financial products, such as “H-DISPIV™” or otherwise.

 

 

 

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