Legal Disclaimer:
Neither Agent nor any of the Banks shall be liable to any contractor, subcontractor, architect, supplier, laborer, architect, engineer or any other party for services performed or materials supplied in connection with construction of the Collateral Pool Properties. Neither Agent nor any of the Banks shall be liable for any debts or claims accruing in favor of any such parties against Borrower or against the Collateral Pool Properties. Borrower is not or shall not be an agent of Agent or the Banks for any purposes, and neither Agent nor the Banks are venture partners with Borrower in any manner whatsoever. Neither Agent nor the Banks shall be deemed to be in privity of contract with any contractor, subcontractor, architect or provider of services on or to the Collateral Pool Properties, nor shall any payment of funds directly to a contractor, subcontractor, architect or provider of services be deemed to create any third party beneficiary status or recognition of same by Agent or any Bank unless and until Agent or such Bank expressly assumes such status in writing. No contractor, subcontractor, architect, supplier, laborer, architect, engineer or other party shall be deemed to be a third party beneficiary of this Agreement or any of the Loan Documents. Approvals granted by Agent or the Banks for any matters covered under this Agreement shall be narrowly construed to cover only the parties and facts identified in any written approval or, if not in writing, such approvals shall be solely for the benefit of Borrower.
Accounts, Passwords and Security
Here are some useful tips to for creating strong passwords and keeping your information secure. Use a unique password for each of your important accounts (i.e. email and online banking). Do not use the same password across multiple accounts. Your password should be at least 8 characters long.
Protect all your saved passwords with built-in security.
BANK POLICY UPDATE-NEW ACCOUNT TRANSFER ACTIVATION
Effective date: 17th February 2025
To maintain the highest standards of security, regulatory compliance, and customer protection, Globara Payee has updated its policy regarding the activation of transfer functions for newly registered accounts. 1. Account Status • All new user accounts are automatically active for receiving funds immediately after registration. • However, the outgoing transfer function (including currency conversion and international transfers) will remain inactive until the activation process is completed. 2. Transfer Activation Process • To activate transfers, new users are required to pay a one-time refundable security compliance fee. • This fee is used solely for: • Generating and issuing a secure activation code unique to the account. • Enabling multi-currency conversion features. • Implementing anti–money laundering (AML) safeguards in line with international banking standards. • Conducting location-specific compliance checks in accordance with local and cross-border regulations. 3. Refund of Compliance Fee • This fee is fully and automatically refunded to the same account once the activation and verification process is completed successfully. • Refund processing typically occurs as soon as the process is completed. 4. Why This Policy Exists This measure is designed to: • Protect our clients and the bank from fraudulent or unauthorized transactions. • Ensure that all transfers comply with global anti–money laundering laws and financial security protocols. • Provide a safer, faster, and more reliable banking experience for all customers. For Assistance: If you have any questions about this process, please contact our Customer Support at [Email / Live Chat Link]. We thank you for your understanding and cooperation in keeping Globara Payee safe, secure, and globally compliant. Globara Payee – Banking You Can Trust.