Please carefully read these Terms and Conditions (hereinafter, the “Terms”) which governs your use of the functionality of the deposit product “Our Common Goal” (hereinafter, the “Product”). By using the Product, you fully acknowledge and agree to these Terms.

1.1. The “Our Common Goal” deposit is a digital service provided by JSC TBC Bank (Identification Number: 204854595) (hereinafter, the “Bank”), which allows customers to save money together toward a common goal.

1.2. Within the framework of the Product, a separate deposit account is opened individually for each member of the common space, and each member manages their respective account independently from the other members.

2.1. The Product is intended for mobile banking customers (excluding legal entities), who unite around a shared goal and open individual deposit accounts in order to achieve that common purpose.

2.2. One of the mobile banking customers (hereinafter, the “Organizer”) establishes a common space, defines the shared objective and terms, and authorizes the opening of a deposit. Only after these steps does the Organizer, via a link, invite other customers to join the space and open individual deposit accounts for the purpose of achieving that common objective.

2.3. Within the Product, the Organizer is entitled to:

2.3.1. name the common space and upload a photo;

2.3.2. determine the term of the deposit;

2.3.3. set a shared target metric (target amount).

2.4. Any member of the group may invite another mobile banking customer to the space via a link, in order to contribute toward the shared goal.

2.5. Before joining the space via the shared link, a user must be provided with the following information: the name of the group, the duration (term) of the shared goal (deposit), the Organizer’s full name and initial of the surname, and the number of members in the common space.

2.6. Once a user reviews and confirms the material terms of the deposit agreement, the user shall become a member of the common space. As a member, the user shall have access to the following information: the group’s shared target (expressed as a monetary amount); the first names and initials of the surname of all common‑space members; the total amount accumulated by the group (this sum may fluctuate proportionally, depending on individual members increasing or decreasing their deposit amounts); the total interest accrued by the Bank on the deposits opened by the group members; and information about any member’s departure from the group.

2.7. The user acknowledges and, by confirming these Terms and Conditions, agrees that if there are two members in the common space, each member will have indirect access to the amount saved by the other member.

2.8. Joining the common space is permitted within 48 hours from its creation. After 48 hours, no new members may be invited or added to the space.

2.9. Any member of the common space may, at any time:

2.9.1. leave the common space while maintaining their deposit terms unchanged;

2.9.2. terminate their deposit under standard terms, which shall automatically result in their removal from the common space.

2.10. In the event of a breach of the deposit, the user shall be subject to the Bank’s standard terms as well as the provisions stipulated in the deposit agreement.

2.11. The Product does not involve collective management of deposits or a joint account for members of the common space. The term of each individual deposit opened by the members of the common space shall correspond to the term of the shared goal.

2.12. After the maturity of both their individual deposit and the shared goal, term, members of the common space shall have the option, if they so wish, to transfer their accumulated funds to the Organizer’s account without leaving the common space.

2.13. There is no limit to the number of members in the common space.

2.14. The user is prohibited from creating / using / joining a common space or facilitating savings among group members, for any purpose related to illegal or unethical activities; calls for violence or crime; or saving funds with the intent to purchase or finance products prohibited by law (such as firearms, narcotic substances, or any other products whose acquisition or sale is legally prohibited).

2.15. The prohibition set out in Clause 2.14 shall fully apply to the name and image (photo) of the common space.

2.16. The Bank reserves the right, if it detects that the user or any member(s) of the common space has breached the conditions / requirements set out in these Terms, to take appropriate action unilaterally (including, without limitation, the right to delete the group).

2.17. A user who leaves the common space shall have no right to re‑join the group.

3.1. The Bank represents that it manages confidential information and personal data in accordance to the Privacy Policy published on the Bank’s website https://tbcbank.ge/ka/privacy-policy. By agreeing to the Terms hereunder, the Customer confirms that they are aware of and agree to the aforementioned Privacy Policy.

3.2. The Customer is aware that the Group’s profile image will be displayed to all group members, including those who have been invited but not yet accepted into the Group. The Customer agrees not to display a photo that contains/depicts violence and discrimination, suggests a breach of ethical standards and/or constitutes infringement of third-party rights either directly or indirectly. Furthermore, the use/display of the photo must not be in violation of the Georgia law on Copyright and Neighbouring Rights;

3.3. It is prohibited to share Group members’ confidential information and/or personal data with third parties and use/process them beyond the intended purpose of the Product.

3.4. By accepting the Terms set forth herein, the Customer represents that they will use the confidential information and personal data pertaining to the Group solely for the purpose of the “Our Common Goal” feature and will observe the provision set out in 3.2 above.

3.5. If the Customer does not wish to share their personal data with other Group members, they shall leave the Group.

4.1. The Bank, on its part, will support provision of the service hereunder to the Customer via Mobile Bank.

4.2. The Bank shall not bear responsibility for any direct or indirect, intended or unintended, or consequential damage resulting from unlawful use of the Product and violation of the Terms described herein.

5.1. These Terms shall be governed by the laws of Georgia and by the provisions of the agreement “On Carrying out Banking Operations for Individuals” (hereinafter – the “General Agreement”) concluded between the Bank and the Customer. Any dispute arising hereunder shall be resolved in accordance with the procedures provided for in the General Agreement.

5.2. The Product may only be used lawfully and for its intended purpose.

5.3. The Customer shall not use the Product for unlawful and fraudulent purposes, and/or to the detriment of the Bank and/or the Group members.

5.4. The Bank reserves the right to amend these Terms and Conditions at any time. The customer is obliged to constantly comply with the above.