Each Beneficial Owner, Trustee, Director who is an Authorised Signatory, other Authorised Signatory and Power of Attorney of the Company’s Account(s) must also complete the personal identification information.

Proof of Identity if required for all persons recorded.

Proof of Identity if required for all persons recorded.

H. Purpose of the Account

the following resolutions were passed:—

1. That an account be *opened/continued with National Bank of Egypt (UK) Limited (“the Bank”) on the terms and conditions that apply from time to time and that any further account or accounts be opened with the Bank in the name of the Company as may be directed in writing and signed by any two (2) signatories listed as Authorised signatories in the Schedule hereto.
2. That the Bank be instructed to honour, comply with and debit to the Company’s account or accounts whether in credit or overdrawn or becoming overdrawn in consequence of any such debit, all cheques drafts or other orders or instructions or receipts for money, bills accepted and promissory notes or other negotiable instruments made drawn or given on behalf of the Company provided they arc signed or accepted by any two (2) signatories listed as Authorised Signatories in the Schedule hereto.
3. That the Bank shall be entitled at any time and without notice to the Company to transfer and apply any money standing to the credit of any account opened by the Company pursuant to this mandate (to include any further accounts opened in the name of the Company of whatever nature as directed and provided for herein) “the Transfer Account(s)” to any other account opened by the Company with the Bank “the Receiving Account(s)” in order to meet any liability in relation to the Receiving Account(s) and to ensure that such account(s) remain(s) in credit or if appropriate operate(s) within the limits agreed with the Bank from time to time. Where the currencies in which such accounts may be stated are different, the Bank shall, by reason of such authority, be entitled to sell the currency held in the Transfer Account(s) and apply the proceeds in reduction, satisfaction or discharge of any liability in relation to the Receiving Account(s).
4. That in these resolutions the expression Director(s) shall include alternate Director(s).
5. That any two (2) signatories listed as Authorised Signatories in the Schedule hereto are authorised on behalf of the Company:
   
   (a) to withdraw or deal with any of the Company’s property or securities;
   (b) to sign any indemnities or counter-indemnities to the Bank;
   (c) to arrange for the granting of credits or the issue of guarantees by the Bank;
   (d) to arrange for the discounting of any bills endorsed on behalf of the Company by any two (2) signatories listed as Authorised Signatories in the Schedule hereto.
   (e) to give instructions with regard to the purchase or sale of any securities or foreign exchange.
6. That any [PLEASE ENTER BELOW] Director(s) be and is/are hereby appointed a Committee of the Board with full authority: (enter number of Directors which make up a duly appointed Committee of the Board) (a) to arrange with the Bank from time to time advances to the Company by way of loan and/or overdraft. (b) to mortgage or charge all or any of the assets of the Company and to sign on behalf of the Company any documents from time to time required by the Bank relating to or for securing any advances to the Company or liabilities of the Company to the Bank.
7. That the Bank be furnished with a copy of the Company’s Memorandum and Articles of Association or Statutes and By-Laws (as appropriate) and with copies of any amending Special Resolutions that may from time to time be passed.
8. That the Bank be furnished with a list of all of the names of the Beneficial Owners, Trustees, Directors, Secretary, Powers of Attorney and Authorised Signatories of the Company and that the Bank be authorised to act on any information given by any Director or the Secretary as to any changes therein.
9. That the Company undertakes to notify the Bank immediately of any changes in identity and permanent address of the Company’s Beneficial Owners; Trustees, Directors who are Authorised Signatories, other Authorised Signatories and Powers of Attorney and to provide the required documentary evidence of these changes.
10. That any details supplied to the Bank are true and complete and that the Bank will be notified promptly of any material change to the information given in this application, particularly any change in the address(es) of the Company’s Registered Office, Place of Business, Beneficial Owners, Directors and Authorised Signatories.
11. That the Bank when considering this application and on a regular basis in monitoring the Company’s account(s) in accordance with normal procedures (to confirm the details of the Company, its Beneficial Owners, Directors and Authorised Signatories for credit assessment, for fraud prevention and money laundering prevention purposes) to search the voters roll and exchange information with credit reference agencies (who will keep a record of the Bank’s search).
12. That the Bank may keep the details of the Company, its Beneficial Owners, Directors and Authorised Signatories that the Company or others provide and what the Bank knows from maintaining the Company’s account(s) on the Bank’s database and that the Bank will keep this information that it holds confidential and will provide to the Company, its Beneficial Owners, Directors and Authorised Signatories upon their request (and upon payment of a fee) with a copy of that information in line with the Data Protection Act and that the Bank will be informed if any information that the bank holds is inaccurate to enable the Bank to correct it.
13. That the Company agrees that the Bank may, having advised the Company that its account(s) has been inactive fol. a period of at least 12 months, consider the Company’s account(s) for closure and remit the balance of the account(s) to the Company after deduction of its charges.
14. That these Resolutions be communicated to the Bank and remain in force until an amending Resolution shall be passed by the Board of Directors and a copy thereof certified by any one of the Directors and thc Secretary shall have been received by the Bank.
15. In consideration of the Bank complying with this Mandate the Company undertakes to indemnify the Bank against any loss, charge or expense that the Bank may suffer or sustain thereby and to absolve the Bank from all liability for loss or damage which the Company may sustain from the Bank on this Mandate.
16. That this mandate is governed by English Law.

Proofs

Before returning the Company mandate to us, please ensure that the mandate has been signed in all the relevant places. Please also ensure that the following information has been enclosed and tick the box to show that it has been included.