Actions by WALLEX - Reserves Sample Clauses

Actions by WALLEX - Reserves. WALLEX, in its absolute discretion, may place a Reserve on funds held in your Merchant Account when WALLEX believes there may be a high level of risk associated with your Account. If WALLEX places a Reserve in your Account, transactions will be shown as "pending" in your WALLEX balance, and you will not have access to funds in a “pending” status until they are cleared. The terms may require that a certain percentage of the amounts received into your Account are held for a certain period of time, or that a certain amount of money is held in Reserve, or anything else that WALLEX determines is necessary to protect against the risk associated with your Account. WALLEX may change the terms of the Reserve at any time by providing you with notice of the new terms.
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Related to Actions by WALLEX - Reserves

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