Deposits and Withdrawals. 22.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website. 22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds. 22.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company. 22.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates. 22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due to technical or other applicable legal or regulatory reasons. 22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met: (a) the withdrawal instruction includes all required information; (b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client; (c) the account where the transfer is to be made belongs to the Client; (d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges; (e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. 22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account. 22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative. 22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges. 22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website. 22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time. 22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 6 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) : the withdrawal instruction includes all required necessary information;
(b) ; the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) ; the account where the transfer is to be made belongs to the Client;
(d) ; at the moment of payment, the Client’s Balance exceeds : o the amount specified in the withdrawal instruction (including all payment charges;
) does not exceed the Client’s Balance (eminus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.12. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.13. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 5 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 20.1. SPINELBRIDGE SERVICES LTD, a company having its registered address at ▇▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, complaints can be redirected to ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇-▇▇▇.▇▇▇.
20.2. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.3. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the wire transfer or any other methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.4. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.5. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.6. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.7. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.8. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount Client’s request to withdraw funds within five (5) Business Daysworking days from the day the request was made, if the Client’s request is received outside of normal trading hours the five working days will count from the next working day of the client’s request receipt, provided that the following requirements are met:
(a) : ● the withdrawal instruction includes all required necessary information;
(b) ; ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) ; ● the account where the transfer is to be made belongs to the Client;
(d) ; ● at the moment of payment, the Client’s Balance exceeds : ● the amount specified in the withdrawal instruction (including all payment charges;
) does not exceed the Client’s Balance (eminus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 20.10. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.11. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.12. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.13. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.14. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.15. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.16. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin call(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
22.2 The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 22.3 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client Account with the relevant deposited amount actually received net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
22.4 22.5 If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) a. the withdrawal instruction includes all required necessary information;
(b) b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) c. the account where the transfer is to be made belongs to the Client;
(d) d. at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges, if any;
(e) e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email; The Client acknowledges and agrees that, where the requirements outlined in paragraph 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 22.11 Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the wire transfer or any other methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. All Trading Account withdrawals are subject to a minimum 100 USD (or equivalent) withdrawal amount.
20.8. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount Client’s request to withdraw funds within five (5) Business Daysworking days from the day the request was made, if the Client’s request is received outside of normal trading hours the five working days will count from the next working day of the client’s request receipt, provided that the following requirements are met:
(a) : ● the withdrawal instruction includes all required necessary information;
(b) ; ● the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) ; ● the account where the transfer is to be made belongs to the Client;
(d) ; ● at the moment of payment, the Client’s Balance exceeds : ● the amount specified in the withdrawal instruction (including all payment charges;
) does not exceed the Client’s Balance (eminus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or ● The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. ● there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. ● the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 20.9. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.10. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.11. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.12. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.13. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.14. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.15. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: ● immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or ● immediately place restrictions on your Trading Account with or without any notice, including:
i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin call(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or ● Terminate the present Agreement and/or ● Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 19.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 19.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 19.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 19.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 19.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 19.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
19.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 19.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 19.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 19.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company19.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
19.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 21.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
21.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. Any deposits made to a currency other than the Currency of the Trading Account shall be converted based on the market price at the time with no additional conversion fees. The detailed information about deposit options is shown on the Website.
22.2 21.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 21.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 21.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 21.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 21.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 f) the Client and must be fully verified according to Verification guidelines set forth on the Website.
21.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 21.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 21.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 21.11. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company21.12. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 24.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 24.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 24.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 24.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of 24.5 Clients may withdraw funds from their Client funds Account at any time, upon the Company receiving a relevant request from the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due to technical or other applicable legal or regulatory reasons.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) the Client Account is verified and the client submits any additional information and/or documentation requested by the Company
(f) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 24.6 Subject to the above clause 24.5 the Client’s request to withdraw will be processed within 1 (one) Business Day and once the withdrawal request is approved the Company, the Company will send for execution to the same bank, credit card or other source from which the funds were debited, as soon as possible. Withdrawals will be made to a source in the client’s name.
24.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 24.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 24.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 24.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 24.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 24.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 19.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request usto, convert any monies standing to your credit or which have beenpaidby you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 19.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 19.3. If the Client makes a depositadeposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 19.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress andaggress that in order to perform toperform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 19.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 19.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of paymentmomentofpayment, the Client’s Balance exceeds the amount theamount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case anyof the above-mentionedconditionshavenot beenmet, the Company ▇▇▇▇▇▇▇ its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii)the Client has sufficient fundsinhisClientAccount in ordertomaintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
19.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 19.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 19.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 19.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company19.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
19.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. Wemay obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five three (53) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make t withdrawals to from any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 2 contracts
Sources: Terms and Conditions, Client Agreement
Deposits and Withdrawals. 22.1 13.1. The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 13.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 13.3. If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 13.4. If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The 13.5. Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect execute withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from duly filled and signed withdrawal form (“Withdrawal Form”) in the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the 13.6. The Company shall pay process the said payment of the requested withdrawing amount within five (5) as soon as possible but no later than the next Business DaysDay following the submission of the Withdrawal Form, provided and only if the following requirements are met:
(a) the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all required information, including all mandatory fields in the Withdrawal Form are filled in;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a provided that such bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(c) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
d) at the moment of payment, the Client’s Balance exceeds the amount specified Client has sufficient funds in the withdrawal instruction including all payment charges;Client Account and processing of such request will not result in a Client receiving a Margin Call.
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that . In case any of the above-mentioned conditions have not been met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.appropriately verified,
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
20.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 13.1. The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 13.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 13.3. If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 13.4. If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The 13.5. Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect execute withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from duly filled and signed withdrawal form (“Withdrawal Form”) in the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the 13.6. The Company shall pay process the said payment of the requested withdrawing amount within five (5) as soon as possible but no later than the next Business DaysDay following the submission of the Withdrawal Form, provided and only if the following requirements are met:
(a) : the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all required information, including all mandatory fields in the Withdrawal Form are filled in;
(ba) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a provided that such bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(db) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
c) at the moment of payment, the Client’s Balance exceeds the amount specified Client has sufficient funds in the withdrawal instruction including all payment charges;Client Account and processing of such request will not result in a Client receiving a Margin Call.
(ed) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that . In case any of the above mentioned conditions have not been met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.appropriately verified,
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the wire transfer or any other payment methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay shallprocess the said amount withdrawal request within five 24 (5twenty-four) hours, provided that the withdrawal request is made on a Business DaysDay. In case the Client places , if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
20.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous accountaccount(s).
22.8 20.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) 1. the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) 2. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) 3. the account where the transfer is to be made belongs to the Client;
(d) 4. at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there 5. There is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 6. The Client and must be fully verified according to Verification guidelines set forth on the Website.
20.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.11. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.12. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 21.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the wire transfer, or any other methods and in the currencies accepted by the Company as amended from time to time. The detailed Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing in relation to your credit or which have been paid by you into your Trading Account in one currency to another currency. Detailed information about deposit options is shown on the Website.
22.2 21.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of from the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 21.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 21.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 21.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 21.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;necessary information in the Personal Area.
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;.
(c) the account where the transfer is to be made belongs to the Client;.
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;.
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
21.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 21.8. The way we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of from the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 21.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 21.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company21.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
21.12. We reserve the right to seek reimbursement from you if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card, or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) : • the withdrawal instruction includes all required necessary information;
(b) ; • the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) ; • the account where the transfer is to be made belongs to the Client;
(d) ; • at the moment of payment, the Client’s Balance exceeds : o the amount specified in the withdrawal instruction (including all payment charges;
) does not exceed the Client’s Balance (eminus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. • there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. • the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 20.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous accountanonymousaccount.
22.8 20.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.11. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.12. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear theloss.
20.13. We reserve the lossright to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: • immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or • immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or • Terminate the present Agreement and/or • Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to rightto reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of fundsoffunds.
22.3 18.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 18.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (51) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 18.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 18.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 19.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 19.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 19.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 19.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 19.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 19.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay process the said amount within five (5) Business Dayswithdrawal request on the same day that the request was made, or the next working day if the client’s request is received outside of normal trading hours, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions.
19.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 19.8. The funds will be returned in the same method and to the same account from which they originated. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
22.9 19.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 19.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company19.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
19.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 18.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 18.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the minimum amount for wire withdrawal shall be USD 250 and above;
(c) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(cd) the account where the transfer is to be made belongs to the Client;
(de) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(ef) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It . In case any of the above-mentioned conditions is agreed and understood that not met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject is affected to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should , (iii) the Client provide wrong instructions for has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a transferreasonable time, which may exceed the Company may be unable to correct the mistake and the Client may have to bear the losstime period set out in paragraph.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five three (53) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of paymentofpayment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make t withdrawals to from any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Terms and Conditions
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 18.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 18.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the minimum amount for wire withdrawal shall be equal to USD 250 and above;
(c) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(cd) the account where the transfer is to be made belongs to the Client;
(de) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(ef) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is affected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 18.7. It is agreed and understood that withdrawals will only be affected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 18.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five three (53) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s 's request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s 's Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to from any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s 's Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s 's policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Terms and Conditions
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third-party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Portal;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
20.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third third-party or anonymous account.
22.8 20.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Trading Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;necessary information in the Personal Area; Exclusive Change Capital Ltd is licensed and regulated by Cyprus securities and Exchange Commission (CySEC) under license number: CIF 330/17 Address: ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ Tel: +▇▇▇ ▇▇ ▇▇▇▇▇▇ Fax: +▇▇▇ ▇▇ ▇▇▇▇▇▇ email: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website.
20.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.11. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.12. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;necessary information in the Personal Area.
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;.
(c) the account where the transfer is to be made belongs to the Client;.
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;.
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
20.7. It is agreed and understood that withdrawals will only be affected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1
7.1. The Client may deposit and withdraw funds into the Client Account at any time during the course of this Agreement. Deposits will be made via Agreement by using any of the payment methods and available in the currencies accepted by the Company as amended Clients Portal from time to time. Minimum deposit requirements as well as withdrawal commissions can be found in the Clients Portal. The detailed information about deposit options is shown on Company does not accept third party or anonymous payments in the WebsiteClient Account.
22.2 7.2. The Client shall understand and agree that if he/she uses one method of payment he/she will use the same method to withdraw funds unless this is justified in the Company’s discretion. If multiple payment methods are being used, then the concept of proportionality shall apply. The Company shall have set the requirements and order to be followed for withdrawals.
7.3. The Company has the right to request the Client at any time any additional information and/or documentation to confirm the origin and/or source of funds deposited into the Client Account. The Company shall have has the right to reject a deposit or a withdrawal of the Client if the Company is not duly satisfied with the information and/or documentation provided and/or collected.
7.4. The Company has the right to reject a deposit of the Client if the provisions of the transfer stated in the Clients Portal are not followed.
7.5. The Company has the right to refuse deposit and withdrawal operations in the cases of the email, telephone number, identity, address and/or other information provided and/or collected is not duly satisfied as fully verified by the Company or up to date, with the legality requirements of such verification vested in the source of fundsCompany’s sole discretion.
22.3 7.6. If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following as soon as practically possible after the amount is cleared in the bank relevant account of the Company.
22.4 7.7. If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking transaction investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank third party performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The 7.8. Without prejudice to the rest of the provisions of this Agreement, the Company shall will effect withdrawals of Client funds upon the Company receiving a relevant request from the Client entered on the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due to technical or other applicable legal or regulatory reasons’s Portal.
22.6 7.9. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within transaction request without undue delay and, where feasible, not later than five (5) Business Days, if the following requirements are met:
(a) the The withdrawal instruction includes all required necessary information;
(b) the The instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request in case of disputable situation to a bank an account belonging to the ClientClient (following submission of the relevant evidence);
(c) the The account where the transfer is to be made belongs to the Client;
(d) at At the moment of payment, the Client’s Balance exceeds the amount specified Client has available funds in the withdrawal instruction including all payment chargeshis Client Account;
(e) there There is no Force Majeure event which prohibiting prohibits the Company from effecting the withdrawal.
22.7 f) The Client has satisfied any requests from the Company in relation to Know your Customer (KYC), etc.
g) An Event of Default occurred.
7.10. It is agreed and understood that withdrawals will only be effected towards the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.Client. The
22.8 7.11. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.for
22.9 7.12. All payment and and/or transfer charges of third parties will may be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees 7.13. In the case of a Client Account being closed, its Balance will be withdrawn proportionally to the accounts, from which deposits were made.
7.14. Unlawful actions with bank cards and/or bank accounts and/or with any other depositing method, are exceptions to the aforementioned paragraph. In the case of unlawful action(s), the Company may applyrefund the remaining Balance as it deems fit. Should an unlawful action occur, all data may be provided to the bank and/or credit institution and/or payment service provider and or similar as well as to law enforcement agencies and/or authorities.
7.15. In cases where the security type was changed, the Company retains the right to conduct withdrawal(s) after a five (5) Business Days’ period has passed, counting from the moment that the security type was changed.
7.16. Without prejudice to the rest of the provisions of the Client Agreement, where a bank card is used as the depositing method, the Company reserves the right to place withdrawal limits in its systems. For additional information regarding such withdrawal limits and withdrawal procedures, please refer to your Client’s Poral. The applicable fees Company shall undertake to send funds to the Client’s account in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the transfer period.
7.17. In cases where more than thirty (30) days have elapsed since the Client’s trading account was funded by bank card and where during this period no withdrawal of funds has been made from the trading account, withdrawal of funds may be found on made only to the Client’s same bank card and/or in any other method determined appropriate by the Company’s Website.
22.11 7.18. Without prejudice to the rest of the provisions of the Client Agreement, the Client may send request(s) for funds withdrawal from the Clients Portal and the Company shall undertake to send funds to the Client’s account, in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the period of transfer following execution of the withdrawal request.
7.19. The Client may send the request for internal a transfer of funds to another Client Account held by him with trading account, provided the Companylatter trading account supports the relevant fund deposit/withdrawal method. Internal transfers transfer shall be subject to executed only between accounts of the Company’s policy from time to timesame type, or between different types of accounts if the transfer amount is greater than the required minimum initial deposit.
22.12 Mistakes made by 7.20. The Company shall process the Company during transfer of funds to another trading account in the currency of that trading account.
7.21. If during the transfer of the funds between trading accounts, the Company accidentally and/or mistakenly, effects the said transfer to an incorrect trading account, the requested amount of the said transfer shall be refunded to the ClientClient at the expense of the Company.
7.22. It is understood that should If an error in the request for the transfer of funds to another account was made by the Client provide wrong instructions and this resulted in the Company depositing in an incorrect trading account, the Client may not be refunded.
7.23. Any internal transfer may be declined by the Company without any reasoning in its sole discretion.
1. Technical Issues
1.1. The Client is solely responsible for obtaining and/or maintaining compatible equipment necessary to access and use the Trading Platform, which includes at least a transferpersonal computer, internet access and telephone and/or other access line. Access to the internet is an essential feature and the Client shall be solely responsible for any fees necessary, in order to ensure his connectivity to the internet.
1.2. The Client represents and warrants that, he/she has installed and implemented appropriate means of protection relating to the security and integrity of his computer and that he/she has taken appropriate actions to protect his/her system from computer viruses or other similar harmful or inappropriate materials, devices, information or data that may potentially harm the Website, the Trading Platform or other systems of the Company. The Client further undertakes to protect the Company from any wrongful transmissions of computer virus or other similarly harmful or inappropriate material or device to the Company’s Trading Platform from his/her personal computer.
1.3. The Company will not be liable to the Client if his/her computer system fails, damages, destroys and/or formats his/her records and data. Furthermore, if the Client incurs delays and any other form of data integrity problems that are a result of his/her hardware configuration or mismanagement, the Company may will not be unable to correct the mistake and liable.
1.4. The Company will not be liable for any such disruptions and/or delays and/or problems in any communication experienced by the Client may have to bear while using the lossTrading Platform.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Trading Account, as determined by the Company in its discretion from time to time.
20.2 The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4 If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5 If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited deposit- ed in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 f) the Client and must be fully verified according to Verification guidelines set forth on the Website.
20.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.11 Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 20.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.13 We reserve the right to seek reimbursement from you, if we receive a charge back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due to technical or other applicable legal or regulatory reasonsCompany.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay process the said amount within five (5) Business Dayswithdrawal request on the same day that the request was made, or the next working day if the client’s request is received outside of normal trading hours, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the ClientClient (supporting documentation will be requested);
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that (f) the Client must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject is effected to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.,
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 The Company shall have the right to request from the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five three (53) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to from any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
22.2 The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies wire transfer or any other method accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 22.3 The Company shall have the right to request from the Client Client, at any time time, any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client Account with the relevant amount actually received deposited amount, net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
22.4 22.5 If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress aggrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates.
22.5 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) a. the withdrawal instruction includes all required necessary information;
(b) b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) c. the account where the transfer is to be made belongs to the Client;
(d) d. at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges, if any;
(e) e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email; The Client acknowledges and agrees that, where the requirements outlined in paragraph 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in proceed with the Client Account and will not allow to make withdrawals execution of a withdrawal to any other third party or anonymous account.
22.8 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 22.11 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy apply from time to time.time depending on the Client or type of Trading
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 24.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. .Deposits will be made via the methods themethods and in the currencies thecurrencies accepted by the Company theCompany as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 24.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 24.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 24.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of 24.5 Clients may withdraw funds from their Client funds Account at any time, upon the Company receiving a relevant request from the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due to technical or other applicable legal or regulatory reasons.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) the Client Account is verified and the client submits any additional information and/or documentation requested by the Company
(f) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 24.6 Subject to the above clause 24.5 the Client’s request to withdraw will be processed within 1 (one) Business Day and once the withdrawal request is approved the Company, the Company will send for execution to the same bank, credit card or other source from which the funds were debited, as soon as possible. Withdrawals will be made to a source in the client’s name.
24.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 24.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 24.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 24.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 24.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 24.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 1.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 1.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of fundsoffunds.
22.3 1.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 1.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 1.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 1.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (51) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 1.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 1.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
20.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 18.3. Client can make deposit up to $2k without verification however they are required to verify the account on withdrawal or for the deposits above $2k.
18.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.6. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasons.▇▇▇
22.6 18.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (51) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(e) there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 18.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 18.9. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 18.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company18.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 20.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed f) the Client and understood that must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject is effected to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.,
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 The Company shall have the right to request from the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five three (53) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment apayment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to from any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Trading Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will Will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company Will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due Will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm conflrm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the ofthe Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the ofthe transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(necessary information in the Personal Area; b) the instruction is to isto make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s 's request to a bank account belonging to the Client;
(; c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) : the withdrawal instruction includes all required necessary information;
(b) ; the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) ; the account where the transfer is to be made belongs to the Client;
(d) ; at the moment of payment, the Client’s Balance exceeds : o the amount specified in the withdrawal instruction (including all payment charges;
) does not exceed the Client’s Balance (eminus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 20.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.11. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.12. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or Terminate the present Agreement and/or Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 19.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 19.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 19.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 19.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 19.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 19.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay process the said amount within five (5) Business Dayswithdrawal request on the same day that the request was made, or the next working day if the client’s request is received outside of normal trading hours, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed (f) the Client and understood that must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject is effected to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.,
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 13.1. The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 13.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 13.3. If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 13.4. If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The 13.5. Upon satisfying the terms and conditions set out in the Agreement, the Company shall effect withdrawals of Client funds from the Client Account upon the Company receiving a relevant request from duly filled and signed withdrawal form (“Withdrawal Form”) in the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the 13.6. The Company shall pay process the said payment of the requested withdrawing amount within five (5) as soon as possible but no later than the next Business DaysDay following the submission of the Withdrawal Form, provided and only if the following requirements are met:
(a) the withdrawal instruction is submitted in a Withdrawal Form, i.e. a form prescribed and accepted by the Company and which includes all required information, including all mandatory fields in the Withdrawal Form are filled in;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a provided that such bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(c) the Client has signed the Withdrawal Form and the signature of the Client on the Withdrawal Form corresponds almost exactly to the signature of the Client on his/her official ID document, passport or any other officially verified document accepted by the Company;
d) at the moment of payment, the Client’s Balance exceeds the amount specified Client has sufficient funds in the withdrawal instruction including all payment charges;Client Account and processing of such request will not result in a Client receiving a Margin Call.
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that
a) the identity of the Client is appropriately verified,
b) the transfer is affected to the account that belongs to the Client,
c) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 13.7. It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 13.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 13.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 13.10. Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 13.11. The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 13.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, ; the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
20.2. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 20.3. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.4. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 20.5. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.6. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 20.7. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) : • the withdrawal instruction includes all required necessary information;
(b) ; • the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) ; • the account where the transfer is to be made belongs to the Client;
(d) ; • at the moment of payment, the Client’s Balance exceeds : o the amount specified in the withdrawal instruction (including all payment charges;
) does not exceed the Client’s Balance (eminus any credit amount provided by us to the Client’s Trading Account or bonus not eligible for withdrawal where applicable), in case the Client has no Open Positions; or o The amount specified in the withdrawal instruction (including all payment charges) does not exceed 80% of the Client’s Balance (minus any credit amount provided by us to the Client’s Trading Account or Bonus not eligible for withdrawal where applicable), in case the Client maintains Open Positions. • there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. • the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email. The Client acknowledges and agrees that, where the requirements outlined in paragraph 20.7 are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 20.8. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 20.9. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 20.10. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 20.11. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website, at General Fees section.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company20.12. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
20.13. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
20.14. If we receive, for any reason, a dispute, claim, and/or chargeback from your credit card issuer or any other payment method you use, you acknowledge that we have the right to take any or all of the following measures, at our discretion: • immediately close any or all of your open Transactions whether at a loss or a profit and debit or credit, respectively, your Trading Account in accordance with Section 19.2, with or without any notice; and/or • immediately place restrictions on your Trading Account with or without any notice, including: i) the restriction on making deposits using any payment method to your Trading Account, even in cases of margin calls(s), ii) the restriction on requesting withdrawals from your Trading Account, and iii) the restriction on opening new positions on the Trading Platform; the duration of the restrictions will be set at the Company’s discretion and/or • Terminate the present Agreement and/or • Impose a charge of “USD 150-research fee” to your Trading Account upon receiving the chargeback by our merchant provider to cover our investigative expenses, to prove that you did make the deposit and you hereby authorise us to charge this amount to your Trading Account or credit card.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of depositof the Client if the Company is not duly satisfied as satisfiedas to the legality of the source of funds.
22.3 18.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasons.▇▇▇
22.6 18.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (51) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(e) there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 18.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 18.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 24.1 The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 24.2 The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 24.3 If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 24.4 If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 The Company shall effect withdrawals of 24.5 Clients may withdraw funds from their Client funds Account at any time, upon the Company receiving a relevant request from the Client. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due to technical or other applicable legal or regulatory reasons.
22.6 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) the Client Account is verified and the client submits any additional information and/or documentation requested by the Company
(f) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 24.6 Subject to the above clause 24.5 the Client’s request to withdraw will be processed within 1 (one) Business Day and once the withdrawal request is approved the Company, the Company will send for execution to the same bank, credit card or other source from which the funds were debited, as soon as possible. Withdrawals will be made to a source in the client’s name.
24.7 It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 24.8 The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 24.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 24.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 24.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 24.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of fundsoffunds.
22.3 18.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.5. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasons.▇▇▇
22.6 18.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (51) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(e) there There is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 18.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 18.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 20.1. The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the credit card, wire transfer or any other alternative methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown Company will not accept third party or anonymous payments in the Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Account, based on your country of origin as specified in your address and as shall be specified on the WebsiteApp. Klips SC Ltd. (the “Company”, "we" or "us") is authorized and regulated by the Financial Services Authority of Seychelles (License No. SD071).
22.2 20.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 20.3. If the Client makes a depositdeposit using bank transfer, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one two (2) Business Day following the amount is cleared in the bank account of the CompanyCompany taking in consideration that the client provided all verification documents.
22.4 20.4. If the Client makes a deposit using a credit card, the Company shall automatically credit the relevant Account with the relevant amount actually received by the Company as soon as the deposit is confirmed.
20.5. If the client makes a deposit before he is fully verified, the Company shall hold his funds in a “freezed” status until receiving sufficient verification documents.
20.6. If the Client fails to provide the Company with sufficient verification documents within 15 days as of the day in which the deposited funds are received by the Company, then the Company shall release the freezed funds back to the Client’s initial method of payment.
20.7. If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 20.8. The Company shall effect affect withdrawals of Client funds upon the Company receiving a relevant request from the Client which was submitted via the App, and in the same currency of the Client’s Account.
20.9. The withdrawal method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due able to technical or other applicable legal or regulatory reasonsrequest to withdraw funds from the Account unless these funds are available.
22.6 20.10. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount withdrawal request within five (5) Business Days24 hours, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, card, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the ClientClient (supporting documentation will be requested);
(cb) the account where the transfer is to be made belongs to the Client;
(dc) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;; Klips SC Ltd. (the “Company”, "we" or "us") is authorized and regulated by the Financial Services Authority of Seychelles (License No. SD071).
(ed) there is no Force Majeure event which prohibiting prohibits the Company from effecting the withdrawal.
22.7 (e) the Client must be fully verified. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions.
20.11. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make process withdrawals to any other third party or anonymous account.
22.8 20.12. The funds will be returned in the same method and to the same account from which they originated. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternativemethod.
22.9 20.13. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 20.14. Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy apply from time to timetime in case the amount left in the account is less than the minimum amount for withdrawal.
22.12 20.15. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 The Trading Account shall be activated upon the Client depositing the Initial Margin, according to the type of Client Account, as determined by the Company in its discretion from time to time.
22.2 The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies wire transfer or any other method accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 22.3 The Company shall have the right to request from the Client Client, at any time time, any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 22.4 If the Client makes a deposit, the Company shall credit the relevant Trading Account of the Client Account with the relevant amount actually received deposited amount, net of any transfer fees or other charges incurred by the Company within one Business Day following the amount is cleared in the bank account of . The applicable fees, if any, may be found on the Company’s Website.
22.4 22.5 If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress aggrees that in order to perform the investigation investigation, the Client shall have to provide the Company with the requested documents and certificates.
22.5 22.6 The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 22.7 Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay process the said amount within five (5) Business DaysClient’s request to withdraw funds on the same day that the request was made, or the next working day if the Client’s request is received outside of normal trading hours, provided that the following requirements are met:
(a) a. the withdrawal instruction includes all required necessary information;
(b) b. the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) c. the account where the transfer is to be made belongs to the Client;
(d) d. at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges, if any;
(e) e. there is no Force Majeure event which prohibiting the Company from effecting the withdrawal;
f. the Client is not subject to the verification derogation of fifteen (15) days as specified in paragraph 6.1;
g. the Client is fully verified according to Verification guidelines set forth on the Website and/or the present Agreement and/or made available to him/her via email; The Client acknowledges and agrees that, where the requirements outlined in paragraph 22.7 a-e are not met, the Company will be entitled to cancel the said withdrawal request and/or request additional information/documents. It is agreed that if the client fails to provide the Company with the requested information within one (1) week from the day the request was made, the Company will be entitled to cancel the said withdrawal request.
22.7 22.8 It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in proceed with the Client Account and will not allow to make withdrawals execution of a withdrawal to any other third party or anonymous account.
22.8 22.9 The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 22.10 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 22.11 Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 19.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 19.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 19.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 19.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 19.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 19.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (5) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 It is agreed (f) the Client and understood that must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company will not accept third party or anonymous payments in shall at its sole discretion take any necessary actions to ensure that (i) the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 The Company reserves the right to reasonably decline a withdrawal request identity of the Client asking for a specific is appropriately verified, (ii) the transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject is effected to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded account that belongs to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.,
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 24.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via the wire transfer or any other payment methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 24.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 24.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 24.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 24.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 24.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay process the said amount withdrawal request within five 24 (5twenty-four) hours, provided that the withdrawal request is made on a Business DaysDay. In case the Client places, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Personal Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 (f) the Client and must be fully verified according to Verification guidelines set forth on the Website. In case any of the above-mentioned conditions have not been met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph 24.6.
24.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous accountaccount(s).
22.8 24.8. The manner in which we remit monies to you will be in our absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 24.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Trading Account for these charges.
22.10 24.10. Withdrawal fees may applyapply from time to time depending on the Client or type of Trading Account. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company24.11. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
24.12. We reserve the right to seek reimbursement from you, if we receive a charge-back from any credit card issuer or with respect to any other payment method, for any reason. We may obtain such reimbursement by charging your Trading Account, deducting amounts from future payments owed to you, charging your credit card or obtaining reimbursement from you by any other lawful means. All bank charges howsoever arising will be deducted from your Trading Account.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1
17.1. The Client may deposit funds into the Client Client’s Trading Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.;
22.2 17.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Client’s Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.;
22.3 17.3. If the Client makes a deposit, the Company shall credit the relevant Client Client’s Trading Account with the relevant amount actually received by the Company within one two (2) Business Day Days following the amount is cleared in the bank account of the Company.Company and relevant compliance procedures;
22.4 17.4. If the funds sent by the Client are not deposited in the Client Client’s Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client the Client’s Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.andcertificates;
22.5 17.5. The Company shall effect make withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasons.time;
22.6 17.6. Upon the Company receiving an instruction a request from the Client to withdraw funds from the Client Client’s Trading Account, the Company shall pay process the said amount withdrawal request within five one (51) Business DaysDay, if the following relevant requirements are met:
(a) the withdrawal instruction request includes all required information;
(b) the instruction request is subject to the right of the Company to require additional information and/or documentation prior to releasing any funds in compliance with the provisions of clause 3.2;
c) the request is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Client’s Trading Account or at the Client’s request to a bank account belonging to the Client;
(cd) the Company, in accordance with Anti-money laundering framework, has been satisfied that the bank and/or credit card account where the transfer is to be made to, belongs to the Client. To this end the Company may request evidence such as bank statements or equivalent;
(de) at the moment of payment, the Client’s Balance exceeds is equal to or higher than the amount specified in the withdrawal instruction including all payment charges;
(ef) there is no Force Majeure event which prohibiting prohibits the Company from effecting the withdrawal. The Company cannot be held responsible for delays caused by incomplete documentation or the Client Bank’s internal procedures.
22.7 17.7. It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Client’s Trading Account and will not allow to make withdrawals to any other third party or anonymous account. Only in exceptional cases and upon the approval by the relevant compliancedepartment.
22.8 17.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.;
22.9 17.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Client’s Trading Account for these charges.thesecharges;
22.10 Withdrawal fees may apply17.10. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Client’s Trading Account held by him with the Company. Internal Such internal transfers shall be subject to the Company’s policy from time to time.;
22.12 17.11. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear suffer theloss.
17.12. It is understood that the lossClient has the right to withdraw the funds which are not used for margin covering, free from any obligations from the Client’s Trading Account without closing the said Client’s Trading Account;
17.13. The Client agrees to pay any incurred bank or other third party payment services provider’s transfer fees when withdrawing funds from the Client’s Trading Account to his designated bank account. The Client is fully responsible for payments details, given to the Company and the Company accepts no responsibility for the Client‘s funds, if the Client‘s given details are wrong. It is also understood and agreed by the Parties, that the Company accepts no responsibility for any Client unless and until they are deposited into the Company‘s bank account(s). It is clarified that the Company has not authorised any Client Introducers or other third parties to accept deposits of Client money on its behalf;
17.14. The Client agrees that any amounts sent by the Client or on the Client‘s behalf , will be deposited to the Client‘s Trading Account at the value date of the payment received and net of any charges / fees charged by the bank account providers or any other intermediary involved in such transaction process. The Company must be satisfied that the sender is the Client or an authorized representative of the Client before making any amount available to the Client‘s Trading Account, otherwise the Company reserves the right to refund / send back the net amount received to the remitter by the same method as received;
17.15. Withdrawals should be made using the same method used by the Client to fund the Client’s Trading Account and to the same remitter. The Company reserves the right to request further documentation while processing the withdrawal request or to decline a withdrawal request with a specific payment method and suggest another payment method where the Client needs to proceed with a new withdrawal request. The Company reserves the right if it is not satisfied with any documentation provided by the Client, to reverse the withdrawal transaction and deposit the amount back to the Client‘s Trading Account;
17.16. In the event that any amount received by the Client is reversed by the bank account provider at any time and for any reason, the Company will immediately reverse the affected deposit from the Client‘s Trading Account and reserves the right to reverse any other type of transactions effected after the date of the affected deposit. It is understood that these actions may result to a negative balance in all or any of the Client‘s Trading Account(s);
17.17. It is understood and accepted by the Client that in case there is a negative balance and there are no open positions on the Client’s Trading Account, the Company, reserves the absolute right to manually adjust the Client’s Trading Account back to zero (0) accordingly.
Appears in 1 contract
Sources: Service Agreement
Deposits and Withdrawals. 22.1 18.1. The Client may deposit funds into the Client Trading Account at any time during the course of this Agreement. Deposits will be made via wire transfer or any other the methods and in the currencies accepted by the Company as amended from time to time. The Company will not accept third party or anonymous payments in the Trading Account. Deposits for Margin and any other deposits due will, unless otherwise agreed or specified by us, be required in the Currency of the Trading Account, based on your country of origin as specified in your address and as shall be specified on the Trading Platform. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been paid by you into your Trading Account in one currency to another currency. The detailed information about deposit options is shown on the Website.
22.2 18.2. The Company shall have the right to request the Client at any time any documentation to confirm the source of funds deposited into the Client Trading Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 18.3. If the Client makes a deposit, the Company shall credit the relevant Client Trading Account with the relevant amount actually received by the Company within one (1) Business Day following the amount is cleared in the bank account of the Company.
22.4 18.4. If the funds sent by the Client are not deposited in the Client Trading Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall may be paid by the Client and deducted from his Client his/her Trading Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 18.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 18.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Trading Account, the Company shall pay the said amount within five (51) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required informationnecessary information in the Client Area;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Trading Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;; Charlgate SVG LLC
(d) at the moment of payment, the Client’s Balance balance exceeds the amount specified in the withdrawal instruction including all payment chargescharges and the Client has sufficient funds in his/her Trading Account in order to maintain all Open Positions;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal. In case any of the above-mentioned conditions is not met, the Company shall at its sole discretion take any necessary actions to ensure that (i) the identity of the Client is appropriately verified, (ii) the transfer is effected to the account that belongs to the Client, (iii) the Client has sufficient funds in his/her Client Account in order to maintain all Open Positions. All such necessary actions shall be processed in a reasonable time, which may exceed the time period set out in paragraph.
22.7 18.7. It is agreed and understood that withdrawals will only be effected towards the Client. The Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to any other third party or anonymous account.
22.8 18.8. The manner in which we remit monies to you will be in our sole absolute discretion. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement
Deposits and Withdrawals. 22.1 22.1. The Client may deposit funds into the Client Account at any time during the course of this Agreement. Deposits will be made via the methods and in the currencies accepted by the Company as amended from time to time. The detailed information about deposit options is shown on the Website.
22.2 22.2. The Company shall have the right to request from the Client at any time any documentation to confirm the source of funds deposited into the Client Account. The Company shall have the right to reject a deposit of the Client if the Company is not duly satisfied as to the legality of the source of funds.
22.3 22.3. If the Client makes a deposit, the Company shall credit the relevant Client Account with the relevant amount actually received by the Company within one Business Day following the amount is cleared in the bank account of the Company.
22.4 22.4. If the funds sent by the Client are not deposited in the Client Account when they were supposed to, the Client shall notify the Company and request from the Company to make a banking investigation of the transfer. The Client agrees that any charges of the investigation shall be paid by the Client and deducted from his Client Account or paid directly to the bank performing the investigation. The Client understands and aggress agrees that in order to perform the investigation the Client shall have to provide the Company with the requested documents and certificates.
22.5 22.5. The Company shall effect withdrawals of Client funds upon the Company receiving a relevant request from the Client. The withdrawal Client in the method accepted by the Company shall be the same used for the Client deposit, unless this is not possible due from time to technical or other applicable legal or regulatory reasonstime.
22.6 22.6. Upon the Company receiving an instruction from the Client to withdraw funds from the Client Account, the Company shall pay the said amount within five three (53) Business Days, if the following requirements are met:
(a) the withdrawal instruction includes all required information;
(b) the instruction is to make a transfer to the originating account (whether that is a bank account, a payment system account etc.) from which the money was originally deposited in the Client Account or at the Client’s request to a bank account belonging to the Client;
(c) the account where the transfer is to be made belongs to the Client;
(d) at the moment of payment, the Client’s Balance exceeds the amount specified in the withdrawal instruction including all payment charges;
(e) there is no Force Majeure event which prohibiting the Company from effecting the withdrawal.
22.7 22.7. It is agreed and understood that the Company will not accept third party or anonymous payments in the Client Account and will not allow to make withdrawals to from any other third party or anonymous account.
22.8 22.8. The Company reserves the right to reasonably decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative.
22.9 22.9. All payment and transfer charges of third parties will be borne by the Client and the Company shall debit the relevant Client Account for these charges.
22.10 22.10. Withdrawal fees may apply. The applicable fees may be found on the Company’s Website.
22.11 22.11. The Client may send the request for internal transfer of funds to another Client Account held by him with the Company. Internal transfers shall be subject to the Company’s policy from time to time.
22.12 22.12. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.
Appears in 1 contract
Sources: Client Agreement