Purchase Order Banker in United Arab Emirates Abu Dhabi –Free Word Template Download with AI

This Purchase Order is issued by Al Noor Financial Services LLC for the procurement of comprehensive Banker services, banking infrastructure, and related professional support to be delivered and executed within the jurisdiction of Abu Dhabi, United Arab Emirates. The following items and services are hereby ordered:

• Payment Method: Bank transfer to the designated account of Emirates National Banker Solutions PJSC at a licensed bank in Abu Dhabi, United Arab Emirates. IBAN: AE07 0000 0000 1234 5678 9012 345.
• Payment Schedule: 30% advance payment upon acceptance of this Purchase Order; 40% upon delivery and installation of hardware and software; 30% upon successful completion of the Banker training program and final acceptance.
• Payment Currency: All amounts are denominated in United Arab Emirates Dirhams (AED). No foreign currency conversion shall apply.
• Payment Due Date: Net 30 days from the date of invoice issuance for each milestone.
• Late Payment Penalty: A penalty of 1.5% per month shall apply to any overdue amount, in accordance with UAE Commercial Transactions Law.

• Delivery Location: Al Noor Financial Services LLC, Tower 1, Al Maryah Island, Abu Dhabi, United Arab Emirates.
• Delivery Timeline: All hardware and software shall be delivered and installed within 60 calendar days from the date of this Purchase Order. Banker advisory and training services shall commence within 14 calendar days.
• Performance Standard: All Banker services shall be rendered in full compliance with the regulations of the Central Bank of the United Arab Emirates, the Abu Dhabi Global Market Financial Services Regulatory Authority (FSRA), and applicable UAE federal and emirate-level laws.
• Warranty: A minimum 24-month warranty applies to all hardware. Software shall include 12 months of free updates and technical support.

• This Purchase Order is governed by and shall be construed in accordance with the laws of the United Arab Emirates, specifically the Federal Commercial Transactions Law and the laws of the Emirate of Abu Dhabi.
• Any disputes arising from this Purchase Order shall be resolved through arbitration in Abu Dhabi, United Arab Emirates, in accordance with the rules of the Abu Dhabi Global Market (ADGM) Arbitration Centre. The language of arbitration shall be English.
• The Supplier (Banker entity) warrants that all services and goods provided under this Purchase Order shall be free from defects, shall meet the specifications outlined herein, and shall comply with all applicable UAE data protection and banking secrecy regulations.
• Neither party shall be liable for delays or failures in performance caused by force majeure events, including but not limited to natural disasters, government sanctions, or acts of war, provided that the affected party notifies the other within 72 hours.
• This Purchase Order constitutes the entire agreement between the parties with respect to the subject matter herein and supersedes all prior negotiations, representations, or agreements.
• Confidentiality: Both parties agree to maintain strict confidentiality regarding all information exchanged in connection with this Purchase Order, in accordance with UAE Federal Decree-Law No. 46 of 2021 on the Protection of Personal Data.

By signing below, both parties acknowledge and agree to all terms, conditions, and specifications set forth in this Purchase Order for the procurement of Banker services and banking infrastructure in Abu Dhabi, United Arab Emirates.