(1) Party B shall, after deducting all service charges payable to Party B from the corresponding transaction payment of Party A, remit the balance to Party A by way of online electronic transfer to the following bank account designated by Party A in such currency agreed by the Parties (specifically, in US Dollars). If Party A changes the bank account for any reason, it shall promptly give a valid notification to Party B of such change and provide any other information required by Party B. If Party A changes the bank account but fails to promptly notify Party B, any additional costs or losses so incurred shall be borne by Party A. Loss arising from change of bank account or designated receiving entity by Party A shall be borne by Party A.