Common use of Account Provisions Clause in Contracts

Account Provisions. 2.1 True and Accurate Information We may rely on the information you provide in your Account Application in determining whether to do business with you. By submitting your Account Application, you warrant that all information contained therein is true and accurate, and you agree to notify us promptly of any changes to such information provided. We may also use any of the information you provide in your Account Application to fulfill our reporting requirements under applicable law. 2.2 Product availability Your ability to use our products and services is subject to our prior approval and may be subject to certain conditions, in our sole discretion. Not all products and services may be available in all areas, or to all customers. 2.3 Account Approvals We have no obligations under the Account Agreement until a complete Account Application has been received by us and we have opened your Account. We may reject your Account Application or close your Account for any reason at our sole and absolute discretion, subject to applicable law. At any point, we may request additional information or documentation in order to continue carrying your Account. You acknowledge that at any time, at our sole and absolute discretion, we may restrict any remittances, disbursements, or transfers required or permitted hereunder with or without prior notice to you. An Account opened for personal use cannot be used for business purposes, and an Account opened for business use cannot be used for personal purposes. If we determine, in our sole discretion, that your Account is being used for unauthorized purposes, we may close the Account. 2.4 Customer Due Diligence Canadian law requires that all money services businesses such as Moneycorp obtain, verify, and record information that identifies each person or entity that opens an Account. In order to process your Account Application, we will ask for your name, address, date of birth, Canada Revenue Agency issued business number or social insurance number, and other information that will allow us to identify you and verify your credit history and relevant business activity. We may also ask to see a copy of your driver’s license, passport or other identifying documents. You hereby authorize us to conduct such investigation and/or verification and to contact such banks, financial institutions, credit agencies, trade references, and government representatives as we deem appropriate to gather and verify such information, regardless of whether or not you provide such information in your Account Application. We may conduct such inquiries and investigations while considering your Account Application and at any time while you are a customer of Moneycorp. In no event will we be liable for any losses or damages to you as a result of any investigation, verification, or other due diligence we perform in relation to your Account or Account Application. 2.5 Business Number/SIN By submitting your Account Application and agreeing to these Terms and Conditions, you certify that your Account Application correctly sets forth your Canada Revenue Agency issued business number or Social Insurance Number.

Account Provisions. 2.1 True and Accurate Information We may rely on the information you provide in your Account Application in determining whether to do business with you. By submitting your Account Application, you warrant that all information contained therein is true and accurate, and you agree to notify us promptly of any changes to such information provided. We may also use any of the information you provide in your Account Application to fulfill our reporting requirements under applicable law. 2.2 Product availability Your ability to use our products and services is subject to our prior approval and may be subject to certain conditions, in our sole discretion. Not all products and services may be available in all areas, or to all customers. 2.3 Account Approvals We have no obligations under the Account Agreement until a complete Account Application has been received by us and we have opened your Account. We may reject your Account Application or close your Account for any reason at our sole and absolute discretion, subject to applicable law. At any point, we may request additional information or documentation in order to continue carrying your Account. You acknowledge that at any time, at our sole and absolute discretion, we may restrict any remittances, disbursements, or transfers required or permitted hereunder with or without prior notice to you. An Account opened for personal use cannot be used for business purposes, and an Account opened for business use cannot be used for personal purposes. If we determine, in our sole discretion, that your Account is being used for unauthorized purposes, we may close the Account. 2.4 Customer Due Diligence Canadian / CIP Disclosure Federal law requires that all money services businesses such as Moneycorp financial institutions obtain, verify, and record information that identifies each person or entity that opens an Account. In order to process your Account Application, we will ask for your name, address, date of birth, Canada Revenue Agency issued business number or social insurance taxpayer identification number, and other information that will allow us to identify you and verify your credit history and relevant business activity. We may also ask to see a copy of your driver’s license, passport license or other identifying documents. You hereby authorize us to conduct such investigation and/or verification and to contact such banks, financial institutions, credit agencies, trade references, and state and federal government representatives as we deem appropriate to gather and verify such information, regardless of whether or not you provide such information in your Account Application. We may conduct such inquiries and investigations while considering your Account Application and at any time while you are a customer of Moneycorp. In no event will we be liable for any losses or damages to you as a result of any investigation, verification, or other due diligence we perform in relation to your Account or Account Application. 2.5 Business NumberTaxpayer ID/SIN SSN By submitting your Account Application and agreeing to these Terms and Conditions, you certify that your Account Application correctly sets forth your Canada Revenue Agency issued business number or Taxpayer Identification Number and/or Social Insurance Security Number.