DIRECT DEBIT AUTHORIZATION DECLARATION AND TERMS

This Declaration has jurisdiction over our customers and Promise (Hong Kong) Co., Limited ("Promise") using Promise Telephone System or specified way to setup direct debit authorization ("Services"). Once the Borrower requests, uses, or attempts to use the Services, he/ she will be treated as agreeing the Declaration and terms.

1. Customer confirms he/she as the borrower ("Borrower") to apply the Services with Promise.
2. Borrower must use his/ her member ID and one-time password ("Access codes") to use the Services. Promise will use SMS to deliver the Access codes to the Borrower's latest mobile number registered with Promise. Borrower should bear the related risks. Borrower must ensure the mobile phone SMS receiving function on the relevant borrower device is workable;
3. Borrower recognizes that the Borrower's mobile service provider may not allow the Borrower to receive the access codes via SMS if the Borrower is abroad or using an overseas mobile service network. In addition, service charges may be levied by the Services provider for receiving the one time password and other password (if any). Promise will not be liable for any such charges levied by the Services provider or any other party.
4. Borrower authorizes Promise to instruct the related bank (Bank) to authorize the direct debit services. The bank account number (Bank account) related to the service has been confirmed by the Borrower through Promise Telephone System.
5. Borrower authorizes Promise to instruct the Bank in all circumstances, to transfer funds from the Bank account to the Promise. I agree that the Bank need not to validate if the Borrower has been informed of such fund transfer. If the fund transfer has led to overdraft credit of the account, Borrower will perform or observe his/ her obligations. Borrower agrees that if there are insufficient funds in the bank account to settle the fund transfer, the bank shall be entitled to suspend the service and to charge related handling fee. The Borrower obligates to settle any service charges so incurred.
6. Promise (Hong Kong) Co., Limited reserves the rights to any change, amendment, renewal, restriction, suspension, withdrawal or termination of the Services without prior notice.
7. Promise (Hong Kong) Co., Limited shall be excluded from any responsibility resulting from our change, amendment, renewal, restriction, suspension, withdrawal or termination of the Services or its features and functions.

Promise (Hong Kong) Co., Limited

A77-OP-NN-2015-a