Article 12. Compliance with FATCA

It is confirmed by the Customer that: The Customer has been notified by Timo Channel about the Terms and Conditions of FATCA compliance for individual customers on the Timo Channel website (“TERMS AND CONDITIONS OF COMPLIANCE WITH FATCA”). The Customer has read, understood, agreed and committed to fully complying with the contents in the TERMS AND CONDITIONS OF COMPLIANCE WITH FATCA. At the same time, it is agreed by the Customer that VPBank shall have the right to change the contents of the TERMS AND CONDITIONS OF COMPLIANCE WITH FATCA from time to time without prior notice or receiving the Customer’s consent.