English to German Bus/Financial Finance (general)

In addition to the security created in Clause 1 and any lien, right of set-off or other right which the Bank may have, the Bank shall be entitled at any time and without notice to me/us to combine and/or consolidate all or any of my/our accounts and liabilities with the Bank anywhere in or outside Singapore or set-off or appropriate or transfer all or such part of the Credit Balances in or towards the satisfactions of any of my/our liabilities to the Bank hereunder or on any account or accounts (whether as principal or surety), whether such liabilities be actual or contingent or collateral, several or joint, notwithstanding that such Credit Balances **may not have matured and any obligation or liability to the Bank may not have become due then** and the Bank is hereby authorised to apply the Credit Balances or part thereof for the purchase of currency to effect any necessary conversions from any currency to another at such rate of exchange as the Bank may from time to time determine.