TRANSFER OF RIGHTS

The Bank may transfer its rights and obligations under this Agreement with you to any other Persons or Businesses. The Bank shall however provide adequate communications to the Cardholder of such decisions.

Where the transfer has been processed and eventually communicated to the Cardholder, the persons or businesses to which this agreement is transferred assumes all of the Bank’s rights and obligations under the agreement. The term ‘’Bank’’ references in these Terms and Conditions shall henceforth refer to the said persons or businesses to which the Agreement was transferred.

Except in those circumstances, nothing in these Terms and Conditions will confer on any third party any benefit or the right to enforce any terms of the Agreement between the Cardholder and the Bank.