Common use of Third Party Transfers Clause in Contracts

Third Party Transfers. i. In addition to Deposits and Withdrawals, I understand that I may effectuate transfers (“Third-Party Transfers”) of Funds from My Digital Dollar to third-party accounts or wallets (“Third-Party Accounts”) utilizing the tools made available to Me on the Platform. I understand that certain restrictions may apply if fraud or other potential anti-money laundering concerns are raised. International Payments’ internal investigations may cause International Payments to hold My funds and delay the completion of a Third-Party Transfer. Third-Party Transfer Instructions will generally be processed provided that the following requirements are met: (a) My Instructions includes all required information; (b) My Instructions are to transfer Funds to a Third-Party Account reasonably acceptable to International Payments; and (c) the balance of My Digital Dollar Account after the Third-Party Transfer is anticipated to be enough to cover any currently outstanding or currently accruing fees, costs, charges, or expenses owing to You, or any taxes.