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					                               AUTOMATED CREDIT AND DEBIT DEPOSITS
                                  AUTHORIZATION AND INDEMNITY

         THIS AGREEMENT dated the ____ day of ________________, 20____ (the “Effective Date”)

                                                  B E T W E E N:

                                            EQUITY FINANCIAL FX INC.

                                          (hereinafter called the "Equity")

                                              OF THE FIRST PART

                                                        - and –

                  _________________________________________________________________
                                           [INSERT FULL LEGAL NAME OF CLIENT]


                                           (hereinafter called the "Client")

                                             OF THE SECOND PART

WHEREAS Equity carries on the business of providing foreign currency exchange and related services;

AND WHEREAS the Client wishes to engage Equity to provide foreign currency exchange services (the
“Services”);

AND WHEARAS, in conjunction with the Services, the Client may wish to allow Equity to initiate electronic debit
entries (“ACH Debits”) and electronic credit entries (“ACH Credits”) to the Client’s account at the depository
institution named in Schedule “A” and Schedule “B”, respectively (collectively, “ACH Transactions”);

NOW THEREFORE THIS INDENTURE WITNESSETH that in consideration of the premises and the good
and valuable consideration hereinafter set forth, Equity and the Client (hereinafter, the “Parties”) do hereby covenant
and agree with the other as follows:

    1. ACH DEBIT AND ACH CREDIT AUTHORIZATION

   By executing the Authorization Agreement contained in Schedule “A” hereto, the Client hereby authorizes
Equity, in the course of providing the Services, to initiate ACH Debits from the account indicated in the
Authorization Agreement contained in Schedule “A”.

   By executing the Authorization Agreement contained in Schedule “B” hereto, the Client hereby authorizes
Equity, in the course of providing the Services, to initiate ACH Credits from the account indicated in the
Authorization Agreement contained in Schedule “B”.

    The Client hereby agrees and acknowledges that the Services, and any ACH Transactions initiated by Equity,
shall be completed in accordance with the terms and conditions of the Online Trading New Client Sign-Up
Agreement (the “Trading Agreement”) located on Equity’s website which forms an integral part of the Client’s
registration process. The Parties acknowledge and agree that the terms of this Trading Agreement are incorporated
herein by reference and that all of the Services, including the initiation of any ACH Transactions shall be subject to
the terms of the Trading Agreement.
     Equity reserves the right, in its sole discretion and for any reason whatsoever and at any time, to refuse to
provide, or to suspend the provision of, the Services.

    2. INDEMNITY AND SETOFF

    The Client acknowledges that, should the Client unilaterally reverse or cancel the ACH Transaction(s) initiated
by Equity without (i) having provided prior written notice to Equity of the cancellation of this Agreement, or (ii)
without having provided specific prior written instructions not to initiate a particular ACH Transaction for a certain
monetary amount or period of time; then, the Client agrees to reimburse Equity within three (3) business days of
receiving notice from Equity, for any amount paid by Equity to acquire any foreign currency on behalf of the
Client, plus any associated costs incurred by Equity in relation to the ACH Transaction(s) including, without
limitation, any of Equity’s NSF or other handling fees, any third party banking or services fees, any associated
courier fees and any associated legal or other fees.

    Notwithstanding any of the terms of this Agreement, the Trading Agreement or any other oral or written
agreement between the Parties, the Parties acknowledge and agree that Equity shall have, without limitation, an
ongoing right to set-off (i) any amounts owing by the Client to Equity pursuant to this section 2.1 against (ii) any
amounts owing by Equity to the Client pursuant to this Agreement, the Trading Agreement or any other oral or
written agreement between the Parties.

    The Client does hereby indemnify and hold harmless Equity, its officers, directors, employees, agents and
shareholders and any of Equity’s Affiliates, as that term is defined in the Business Corporations Act (Ontario), as
amended, and any officers, directors, employees, agents and shareholders thereof, at all times against and in respect
of all banking fees, service fees, courier fees, actions, suits, proceedings, demands, judgments, assessments,
reassessments, costs and expenses (including, without limitation, legal fees on a solicitor and his own client basis)
incurred by Equity in connection with the ACH Transactions, and acknowledges that the ACH Transactions are a
service provided to the Client by Equity, based on Equity’s reliance on the indemnity and set-off provisions
contained in the this section 2.

    3. MISCELLANEOUS

                Either party may terminate this Agreement for any reason and at any time upon providing prior
        written notice to the other Party. All payment, set off and indemnification provisions shall survive the
        termination of this Agreement.

                 Save and except as specifically provided herein, all costs and expenses incurred by, or on behalf
        of, the Parties or any of them shall be borne solely by the party who has incurred the same, and the other
        party shall have no liability in respect thereof.

                 No party may assign its interest under, pursuant to, or in respect of, this Agreement without the
        consent in writing of the other party hereto. Notwithstanding the foregoing, Equity shall be entitled to
        assign this agreement to a "Subsidiary" or "Affiliate" as those terms are defined in the Business
        Corporations Act (Ontario), such assignment to be effective upon written notice thereof being provided by
        the assignor to the other party.




                                                          2
                This agreement may not be amended, modified or supplemented in any respect, except by a
       written instrument signed by all of the Parties.

                If any provision in this Agreement is held to be invalid by a court of competent jurisdiction, such
       invalidity shall not affect any other provision in this Agreement.

              This Agreement shall be construed in accordance with the laws of the Province of Ontario and
       Canada applicable therein.

               This Agreement shall be binding upon, and shall enure to the benefit of, each of the parties
       hereto and their respective permitted assigns or successors.

                Any notice required or permitted to be given hereunder to Equity may be effectively given by
       letter addressed as follows: Equity Financial FX Inc.., Attn: Trading Manager, 400 – 200 University
       Avenue, Toronto, Ontario, M5H 4H1.

               This agreement may be executed in several counter-parts, each of which shall be deemed to be
       an original, but this agreement shall be constituted only by all such counterparts together.



EQUITY FINANCIAL FX INC.                               ____________________________________
                                                                     [INSERT CLIENT NAME]




                                                       Name:
President:                                             Title:




                                                        3
                                           SCHEDULE “A”

                 AUTHORIZATION AGREEMENT FOR DIRECT PAYMENTS

COMPANY NAME ______________________________

I (we) hereby authorize Equity Financial FX Inc., to initiate debit entries to my (our) [__] Chequing,
[__] Savings account (select one) indicated below at the depository financial institution named below,
hereinafter called BANK, and to debit the same to such account. I (we) acknowledge that the
origination of ACH transactions to my (our) account must comply with the provisions of Canadian law.


BANK NAME: _______________________                   TRANSIT # ________________________


CITY _______________________ PROVINCE                   ________      POSTAL CODE         __________


ACCOUNT NO         _______________________                   Currency ____________________


This authorization is to remain in full force and effect until Equity Financial FX Inc has received
written notification from me (or either of us) of its termination in such time and in such manner as to
afford Equity Financial FX Inc and BANK a reasonable opportunity to act on it.


NAME(S)          __________________________                  __________________________
                               (Please Print)                             (Please Print)


SIGNED           x __________________________                 x __________________________


DATE           __________________________


NOTE:         ALL WRITTEN DEBIT AUTHORIZATIONS MUST PROVIDE THAT THE
              RECEIVER MAY REVOKE THE AUTHORIZATION ONLY BY NOTIFYING
              THE ORIGINATOR IN THE MANNER SPECIFIED IN THE
              AUTHORIZATION.




                                                    4
                                           SCHEDULE “B”

                  AUTHORIZATION AGREEMENT FOR DIRECT DEPOSITS

COMPANY NAME ______________________________

I (we) hereby authorize Equity Financial FX Inc.., to initiate credit entries to my (our) [__] Chequing,
[__] Savings account (select one) indicated below at the depository financial institution named below,
hereinafter called BANK, and to credit the same to such account. I (we) acknowledge that the
origination of ACH transactions to my (our) account must comply with the provisions of Canadian law.


BANK NAME: _______________________                   TRANSIT # ________________________


CITY _______________________ PROVINCE                   ________      POSTAL CODE         __________


ACCOUNT NO         _______________________                   Currency __________________


This authorization is to remain in full force and effect until Equity Financial FX Inc. has received
written notification from me (or either of us) of its termination in such time and in such manner as to
afford Equity Financial FX Inc. and BANK a reasonable opportunity to act on it.


NAME(S)          __________________________                  __________________________
                            (Please Print)                            (Please Print)


SIGNED           x __________________________                x __________________________


DATE           __________________________


NOTE:         ALL WRITTEN CREDIT AUTHORIZATIONS MUST PROVIDE THAT THE
              RECEIVER MAY REVOKE THE AUTHORIZATION ONLY BY NOTIFYING
              THE ORIGINATOR IN THE MANNER SPECIFIED IN THE
              AUTHORIZATION.




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