Operating Your Account Sample Clauses
Operating Your Account. We, the Retailer and other organisations as set out above may process, record, analyse, exchange and use your Personal Information to:
a) operate and manage your Account and other related facilities;
b) carry out statistical analysis and to check details on applications made by you and others for credit and credit related accounts and facilities;
c) making credit and insurance assessments;
d) develop and improve products, to form a view of you as an individual and to identify or design products and offers (including products offered by others) that might interest you;
e) carry out market research and business analysis;
f) carry out audits;
g) perform other administrative and operational purposes, including the testing of systems;
h) trace debtors;
i) recover debt;
j) to check details of job applicants and employees; and/or
k) perform any other reasonable purpose notified to you from time to time.
Operating Your Account. Reference Currency, Deposits, Payments and Withdrawals
8.1. You agree to comply with the following when making payments to us under these Terms:
a. all transfers to us (including cash & securities) are to be made to such account as is designated by us;
b. you may make any payment to us (including deposits), crossed cheque, or bank wire or any other method specified by us from time to time;
c. we do not accept payments or deposits in the form of cash except under exceptional circumstances and subject always to compliance with Applicable Law;
d. you are responsible for all third party electronic, telegraphic transfer or other bank fees in respect of payment as well as any fees or charges imposed by us, which may be based on the elected payment method;
e. if any payment is not received by us on the date such payment is due, then (without limitation of any other rights we may have) we will be entitled to charge interest on the overdue amount (both before and after judgment) at an interest rate of LIBOR +3% from the date payment was due until the actual date of payment. For this purpose, we will determine LIBOR, in our sole and absolute discretion, in accordance with prevailing money market conditions;
f. any payment made to us will only be deemed to have been received when we receive cleared funds; and
g. you bear the responsibility to ensure that payments made to us are correctly designated in all respects including without limitation, your Account details where required by us.
8.2. You may request a withdrawal or transfer of funds from your Account where the balance of your Account is positive. We may at our sole and absolute discretion withhold, deduct or refuse to make a payment (in whole or in part) where:
a. you have any actual or contingent liability to any member of the ADSS Group or any Service Provider;
b. we reasonably determine that there is an unresolved dispute between us and you relating to these Terms or any other agreement between us;
c. you instruct us to pay a third party from your Account; or
d. we reasonably consider that making such payment would cause us to breach or otherwise infringe any Applicable Law.
8.3. Unless otherwise agreed in writing by us and subject always to compliance with Applicable Law, all payments from your Account shall be made in the form of a bank wire transfer. We do not make payments in cash.
8.4. You will be asked to designate a Reference Currency for each Portfolio. We will accept Emirati Dirham, Pounds Sterling...
Operating Your Account.
6.1 Charges and fees, you pay
Operating Your Account.
6.1 Charges and fees you pay You agree to pay the charges and fees and receive the benefits set out in this Agreement.
6.2 Overnight Financing for Share and Index CFDs
(a) Your account will be debited an amount equal to the Financing Charge and credited an amount equal to the Financing Benefit for long and short positions respectively held overnight in Share, Index CFDs.
(b) The Financing Charge or Financing Benefit is calculated according to the following formula: F = V x i / b where F means the daily Financing Charge V means the value of equivalent holding of the underlying Share CFD or Index CFD i means the applicable Financing Rate; and b refers to the day basis for currency (365 for GBP and ▇▇▇, ▇▇▇ for all other currencies)
6.3 Interest paid to you If the balance of an Account held by an Australian resident for tax purposes exceeds the Interest Qualification level (as detailed in the PDS) then we will pay interest on such balance, after all respective margins have been deducted, at such rate as we may determine from time to time. The rate of interest is available from us on request.
Operating Your Account. 5.1 We reserve the right to refuse to open an Account, or block your Account, where we suspect that an unauthorised person has logged into and is using your Account or where we suspect illegal or fraudulent activity on your Account.
5.2 We also may de-activate your Account or limit your use of the Platform if we find that you have violated or are violating the terms of this Agreement or engaging in any of the prohibited uses set out below at clause 8.1.
5.3 We may undertake due diligence on Users, and monitoring of Users’ transactions, as we consider necessary or appropriate from time to time, including for the purposes of identification and verification of the User and compliance by us with any applicable anti- money laundering or counter-terrorism obligations.
Operating Your Account.
6.1 Charges and fees, you pay You agree to pay the charges and fees and to receive the benefits set out in this Agreement.
Operating Your Account. 6.1 CHARGES AND FEES YOU PAY ....................................................................................................................... 8 6.2 INTEREST ................................................................................................................................................... ......... 8 6.3 COMMISSIONS ................................................................................................................................................... . 9
Operating Your Account. (a) You must conduct the Account in accordance with these Standard Loan Terms. (b)
Operating Your Account. 2.1 The Cardholder will be responsible for all credit or other facilities granted by the Bank in respect of the Card and for all related charges hereunder, notwithstanding the termination of this Agreement.
2.2 The Cardholder’s failure to sign any Sales Slip, Cash Advance Slip or Mail Order Coupon will not relieve the Cardholder from liability to the Bank in respect thereof. Copies of the Sales or Cash Advance Slips may be provided at the sole discretion of the Bank subject to an additional charge. Provision of Sales Slip copies may take a minimum of 30 days subsequent to the Cardholder’s written request to the Bank.
2.3 The value of all Card Transactions will be charged to the Card Account in the currency of the country (referred to as the “Billing Currency”) as advised by the Bank. Card Transactions, which are effected in currencies other than the Billing Currency, will be debited to the Card Account after conversion into the Billing Currency at a rate of exchange to be determined by the Bank from time to time.
2.4 If the Cardholder is authorised by the Bank to use the Card at an ATM belonging to the Bank or associate member of the HSBC Group of Companies or any member Bank of Visa International/ MasterCard® International or any other ATM as advised to the Cardholder from time to time, the following additional Terms and Conditions shall apply:
a) The Cardholder shall accept full responsibility for all transactions processed by the use of the Card at any ATM that accepts it, (the Bank’s record of transactions processed being conclusive and binding for all purposes) and hereby authorises the Bank to debit the Cardholder’s current or savings account as specified in the Card Application (the “Nominated Account”) or the Card Account with the amount of any withdrawal or transfer effected by the use of the Card with or without the Cardholder’s knowledge or authority.
b) The Bank’s record of transactions processed by the use of the Card at an ATM shall be conclusive and binding for all purposes.
c) The Cardholder shall not be entitled to overdraw the Nominated Account or exceed the limit of the Card Account with the Bank.
d) The Bank shall not be responsible for any loss or damage arising directly or indirectly from any malfunction/failure of the Card or ATM arising out of the Cardholder’s mistake, the temporary insufficiency of funds in such machines or any other reason either within or beyond the Bank’s control.
e) Any cash deposit at an ATM shall only be rega...
Operating Your Account. 6.1. Charges and fees, you pay You agree to pay the charges and fees and receive the benefits set out in this Agreement.
6.2. Overnight Financing for Share and Index CFDs
(a) If your account is an Interest-Bearing account, your account will be debited an amount equal to the Financing Charge and credited an amount equal to the Financing Benefit for long and short posi�ons respec�vely held overnight in Share, Index CFDs.
(b) The Financing Charge or Financing Benefit of an Interest-Bearing account is calculated according to the following formula: F = V x I � b where • F means the daily Financing Charge • V means the value of equivalent holding of the underlying Share CFD or Index CFD I means the applicable Financing Rate; and • b refers to the day basis for currency (365 for GBP and USD, 360 for all other currencies)