Fees and Additional Charges. You agree to pay the fees for the Wire Service set forth in Bank’s current fee schedule, and reimburse Bank for any expenses and/or taxes incurred by Bank in connection a Wire Transfer. Such fees, expenses and/or taxes may be debited from the Designated Account. You also agrees that other fees, charges, foreign exchange commissions, interest, expenses and/or taxes (collectively, “Other Charges”) may be charged or collected by any Correspondents and/or U.S. or foreign government agencies, as applicable, in connection with the processing, execution, acceptance, transmission and/or receipt of any Wire Instruction or Wire Transfer. Other Charges may vary from time to time, and may be debited from the Designated Account, debited from the beneficiary’s account, and/or deducted from the amount of the Wire Transfer. ACCORDINGLY, EXCEPT AS REQUIRED BY APPLICABLE LAW, THE AMOUNT RECEIVED BY THE DESIGNATED BENEFICIARY MAY BE LESS THAN THE ORIGINAL AMOUNT OF THE WIRE TRANSFER AS A RESULT OF ANY SUCH OTHER CHARGES. Bank may receive a portion of any such Other Charges, including as a rebate, revenue share, commission, or other payment. Except as required by applicable law, Bank has no obligation to determine or advise you of the amount of any Other Charges, even if Bank has actual knowledge of, or receives a portion of, any Other Charges. Bank has no obligation to transmit a Wire Transfer using any particular Correspondent, and Bank may transmit a Wire Transfer to a Correspondent that charges higher Other Charges than those charged by another person or entity. We may charge any fees incurred to your Account.
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