______

Section A:ADDENDUM TO ACCOUNT OPENING MANDATE

Corporate clients to complete all sections. Individual clients only need to complete Sections

1 to3, Section 4 to be completed only in cases where the account is to be used for business purposes.

Full names______

Identity number______Account Number______

Residential Address______

______

1. Line of Business : ______

2. Source of Funds: ______

3. Type of Activity Expected of the Account: ______

4. Financials and or Management Accounts attached Yes_____ NO_____

______

Section B:LETTER OF AUTHORITY TO OPEN AN FCA

By virtue of authority contained in the Exchange Control Guidelines to Authorised dealers, January 1994 permission is hereby given for the account holder to maintain an account in ______

with the Bank, subject to the conditions laid out in the guidelines. The Authority to operate the FCA is granted on the strict understanding that the account :

1)Is not overdrawn

2)Is used for approved transactions only

3)Is not used as collateral security

4)Is credited from offshore

______

Section C:INDEMNITY ON FOREIGN CURRENCY ACCOUNTS (F.C.A)

Entered into between STANBIC BANK ZIMBABWE LIMITED (Hereinafter referred to as “the Bank”)

AND……………………………………………………………………….(hereinafter referred to as “the Account holder”)

Whereas the Bank has agreed to take possession of certain foreign currency in cash from the Account Holder and hold the same in a Foreign Currency Account in the name of and for the credit of the Account Holder in Zimbabwe.

And whereas the parties contemplate the possibility that the said foreign currency may be forged and/or illegal tender.

Now therefore it is hereby agreed that the Account holder shall at all times indemnify and keep indemnified, the Bank against any loss or damages occasioned to the bank resulting from aforementioned possibility of any unlawful bank notes tendered to the bank by the account holder and further agrees that if any unlawful bank notes are tendered, the bank shall, as its sole discretion, adjust the Account Holders FCA Account and/or demand payment of the value of such deposit from the Account Holder together with such costs as the Bank may have incurred. In the event that the Bank has to instruct legal practitioners to take legal action to recover such debt, the Account Holder Agrees to pay all legal costs, disbursements and collection charges, and further the Account Holder chooses as his/its domicilium citandi et executandi, the address in Section A above for service of all legal process and correspondence.

______

Applicant SignatureFor and on behalf of Stanbic Bank Zimbabwe Limited

Date______Date______