CARRYING OUT THE ONWARD TRANSMISSION Sample Clauses

CARRYING OUT THE ONWARD TRANSMISSION. 3.1 Where the conversion occurs, we will then transfer on the proceeds to your intended recipient. This will be executed in accordance with the following timescales: Situation Execution Timescale The transfer is going to another account held with us Immediately once we have converted your funds The transfer is in pounds sterling and it is going to an account located in the UK By the end of the Business Day which follows the time we converted your funds. The transfer is in euros and it is going to an account located in the EEA By the end of the Business Day which follows the time we converted your funds. The transfer involves – a single conversion between euros and pounds sterling – this conversion takes place in the UK – it is going to an account in the UK or EEA; and – if it is going to an account in the EEA, the transaction is in euros. By the end of the Business Day which follows the time we converted your funds. The transfer doesn’t fit into one of the above categories, but it is going to an account in the UK By the end of the fourth Business Day which follows the time we converted your funds. All other cases We will tell you on the Electronic Platform how long it may take when you submit the instruction.
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