Internal Transfers. 5.4.1 A request to transfer funds from one Client’s account to another (hereinafter the “Internal Transfer Request”) shall be made by the Client from his Back Office only. 5.4.2 The Client has the right to make an internal fund transfer between his accounts. 5.4.3 The Company undertakes to process the Internal Transfer Request in the shortest time possible but not later than within 2 business days (excluding non- working days) from the submission of the Request. 5.4.4 If the Client’s trading account has open positions, the Internal Transfer Request will be processed by the Company on general terms. In the event of a forced account closure, the Client assumes full responsibility for such closure. 5.4.5 If on receipt of the Internal Transfer Request the amount to be transferred exceeds the free margin available on the Client’s account, the Request shall be declined by the Company. 5.4.6 The Internal Transfer Request shall be considered to be received by the Company once it is recorded on the Back-Office Transactions History page. 5.4.7 The Client has no right to transfer funds to third parties’ accounts held with the Company. 5.4.8 The Client must ensure that the details provided in the Internal Transfer Request are true and correct. 5.4.9 No t ransfer commission shall be charged by the Company in the case of Internal Transfers. 5.4.10 The Client may cancel his Internal Transfer Request if the Request has not been accepted by the Company for processing (i.e. has a Pending status). The cancelation may be submitted through the Client’s Back Office only.
Appears in 7 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Internal Transfers. 5.4.1 A request to transfer funds from one Client’s account to another (hereinafter the “Internal the“Internal Transfer Request”) shall be made by the Client from his Back Office only.
5.4.2 The Client has the right to make an internal fund transfer between his accounts.
5.4.3 The Company undertakes to process the Internal Transfer Request in the shortest time shortesttime possible but not later than within 2 business days (( excluding non- non-working days) from the submission of the Request.
5.4.4 If the Client’s trading account has open positions, the Internal Transfer Request will Requestwill be processed by the Company on general terms. In the event of a forced account closure, the Client assumes full responsibility for such closure.
5.4.5 If on receipt of the Internal Transfer Request the amount to be transferred exceeds the exceedsthe free margin available on the Client’s account, the Request shall be declined by the CompanytheCompany.
5.4.6 The Internal Transfer Request shall be considered to be received by the Company once Companyonce it is recorded on the Back-Office Transactions History page.
5.4.7 The Client has no right to transfer funds to third parties’ accounts held with the Company.
5.4.8 The Client must ensure that the details provided in the Internal Transfer Request are true and correct.
5.4.9 No t ransfer transfer commission shall be charged by the Company in the case of Internal Transfers.
5.4.10 The Client may cancel his Internal Transfer Request if the Request has not been accepted by the Company for processing (i.e. has a Pending status). The cancelation may be submitted through the Client’s Back Office only.
Appears in 1 contract
Sources: Client Agreement
Internal Transfers. 5.4.1 A request to transfer funds from one Client’s account to another (hereinafter the “Internal Transfer Request”) shall be made by the Client from his Back Office only.
5.4.2 The Client has the right to make an internal fund transfer between his accounts.
5.4.3 The Company undertakes to process the Internal Transfer Request in the shortest time possible but not later than within 2 business days (excluding non- non-working days) from the submission of the Request. The Company’s working hours are specified in clauses 8.1 and 8.2 of this Agreement.
5.4.4 If the Client’s trading account has open positions, the Internal Transfer Request will be processed by the Company on general terms. In the event of a forced account closure, the Client assumes full responsibility for such closure.
5.4.5 If on receipt of the Internal Transfer Request the amount to be transferred exceeds the free margin available on the Client’s account, the Request shall be declined by the Company.
5.4.6 The Internal Transfer Request shall be considered to be received by the Company once it is recorded on the Back-Office Transactions History page.
5.4.7 The Client has no right to transfer funds to third parties’ accounts held with the Company.
5.4.8 The Client must ensure that the details provided in the Internal Transfer Request are true and correct.
5.4.9 No t ransfer transfer commission shall be charged by the Company in the case of Internal Transfers.
5.4.10 The Client may cancel his Internal Transfer Request if the Request has not been accepted by the Company for processing (i.e. has a Pending status). The cancelation may be submitted through the Client’s Back Office only.
Appears in 1 contract
Sources: Client Agreement