Account Opening Requirements Clause Samples
Account Opening Requirements. 2.1. As per regulatory requirements the Company must verify the identity of each Client who registers and opens a trading account with ehamarkets. Thus, at any given time from the commencement and/or during the business relationship the Company may ask you to provide documentation that will assist in the verification of the Client’s identity. Should you choose to register and provide us with such information you agree to provide personal details that are accurate, true and reliable. Furthermore, in order for the Company to comply with the regulatory framework it has to assess and determine which product and/or service are suitable for each Client in relevance to his/her knowledge and experience as referred to Section 3.1. Therefore, Clients need to be formally assessed by completing the ‘Account Opening Application form’ during their onboarding procedure prior to providing the Client with investment services.
2.2. Know Your Client (KYC) identification and verification procedures:
(a) You will be required to send us the following identification documents: - Proof of Identification: A clear copy of your International Passport, National ID Card or your National Driver’s License. - Proof of Address: A clear copy of a recent utility bill, bank statement or any other local authority bill. The proof of address must include your full name and address and has to be issued within the last 6 months.
(b) In circumstances where we, in our sole and absolute exclusive discretion, deem that circumstances so warrant it and provided the minimum regulatory requirements are met, you have completed the ‘Account Opening Application form’ and the on-boarding process and your cumulative total value of Deposit(s) do not exceed the amount of 20,000 EUR/USD irrespective of the number of accounts you hold with the Company, then we may provisionally permit you to trade on the understanding that:
(i) the verification procedure will be completed within 180 calendar days of the initial contact, (i.e. acceptance of the Terms & Conditions and/or Client Agreement or your first deposit, whichever comes first), should the 180th day fall on a day which is not a business day in Labuan, Malaysia or where the Company considers this day not to a be a business day of the Company, including but not limited to, weekends or local public holiday, or the Company, at its sole discretion and should it deem viable, offer the client an extension to the 180th day, then the Company will, in its sole and absol...
Account Opening Requirements. In order to open a trading account with Fintana, the potential client must have a permanent residence in a country not within the European Union (EU) and be over 18 years old. In addition, the steps listed below must be followed: - complete the account opening application, which includes providing personal information (name, date of birth, etc.), information relating to your economic profile (annual income, estimated net worth, employment status, source of funds and wealth, etc.) and information in respect to your previous experience in trading leveraged products such as CFDs. - provide identification documents which consist of a valid form of government-issued identification and a valid proof of residence (not older than six months). The Company reserves the right to decline your onboarding application as it may think fit and in case of any deposits, your total deposited amount will be refunded back to the method used to deposit these funds.
Account Opening Requirements. 4.1. The following people are not permitted to establish an Account with ClutchBet (each an “Excluded Person” as highlighted in bold below):
4.1.1. Any key person or employee of Q Casino, the Dubuque Racing Association, ClutchBet or any its affiliated companies.
4.1.2. Any person on the statewide self-exclusion list set forth in Iowa Code Section 99F.4(22).
4.1.3. Any person under the age of 21 years. We carry out age-verification checks on all customers at the time of Account establishment. We may ask for information to verify your age and identity and can restrict or suspend your Account until your age is confirmed. By signing up for an Account (defined below), you consent to our confirmation of your age and identity. We reserve the right to request proof of age documentation from any applicant or customer at any time and to void any ▇▇▇▇▇▇ made by or on behalf of minor. You agree to provide accurate registration information when opening your Account, including, without limitation, your full name, correct date of birth, the last four digits of your social security number, your current address, email address, personal telephone number. You further agree to inform us of any changes in such details.
4.1.4. Any persons not located within the state of Iowa. It is a federal offense for persons physically located outside of Iowa to engage in Internet wagering through an Iowa casino or racetrack unless explicitly authorized by the IRGC. The availability of a ClutchBet Account does not constitute an offer, solicitation or invitation by us for the use of our services outside of the state of Iowa. ClutchBet shall not be liable for any breach of any local, national, federal, state or other laws that may occur as a result of your using the Services.
4.1.5. Any coach, athletic trainer, official, player or other individual who participates in an authorized sporting event. No person who is employed in a position with direct involvement with coaches, players, athletic trainers, officials, athletes or participants in an authorized sporting event may place a wager on such authorized sporting event.
4.2. In the event that you are found to have breached any of the terms in Section 4.1:
4.2.1. We may close your Account.
4.2.2. We may cancel any bet you may have placed on your Account.
4.2.3. We shall not be obliged to pay any winnings which might otherwise have been payable in respect of any bet you placed on your Account.
4.2.4. We may refer the matter to the police, guardia...