12. Value Dates

Where the Bank agrees to make a payment on a specific value date, the Bank accepts no responsibility for paying that amount by any specific time on that date, and will accept no liability for failure to make payment by any specific time on that date.

Where the Account Holder fails to pay funds to the Bank in an amount or with a value date previously agreed with the Bank, the Bank reserves the right to charge the Account Holder with interest and costs associated with such failure which the Bank, at its sole discretion, considers appropriate.

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