Common use of Client Money and Account Clause in Contracts

Client Money and Account. 8.1. AM CY requires AM CY’s Clients to credit all funds related to their Invest.MT5 account to a designated financial institution with which AM CY maintains a segregated client account prior to the placement of any purchase order. 8.2. AM CY must deal with any money which you pay or give to us, or which is otherwise received by AM CY in connection with financial services provided by AM CY. You acknowledge that your monies will be deposited by AM CY in a clients segregated account. 8.3. You authorise AM CY to withdraw any or all monies to which you are otherwise entitled in any clients` segregated account or trust account maintained by AM CY to meet any liability, obligation or other loss which you owe to AM CY. 8.4. You hereby grant your express consent and agree that AM CY is entitled to all interest earned on money credited to a Clients` segregated account or trust account unless you and AM CY have otherwise agreed in writing. 8.5. If you instruct AM CY to pay an amount to you, AM CY will pay such amount to which you are entitled under this Agreement directly to you and not to any third party, unless you have otherwise instructed AM CY to do so and AM CY has agreed. You must provide the relevant account details for payment instructions in respect of payments to be made by AM CY to you. Whilst AM CY will take reasonable steps to comply with your payment instructions, AM CY accepts no responsibility for any failure to comply with those instructions and, if such failure occurs, the relevant monies will continue to be held by AM CY in accordance with applicable laws. 8.6. All currency exchange risks regarding any payment instruction will be solely your liability. Any conversion from one currency to another required to be made for performing any payment instruction may be effected by AM CY in the manner and at the time and at the exchange rates that AM CY in its absolute discretion decides. 8.7. You acknowledge that monies paid by you or AM CY to an international financial market participant or other service provider outside the Republic of Cyprus, or received by such a person outside of the Republic of Cyprus in connection with services provided to you by AM CY, will not be subject to the laws of the Republic of Cyprus and rules governing client money, but instead will be subject to the applicable laws of the relevant jurisdiction.

Client Money and Account. 8.1. AM CY requires AM CY’s Clients to credit all funds related to their Invest.MT5 account to a designated financial institution with which AM CY maintains a segregated client account prior to the placement of any purchase order. 8.2. AM CY 9.1 Admiral must deal with any money which you pay or give to us, or which is otherwise received by AM CY Admiral in connection with financial services provided by AM CYAdmiral, in accordance with the Corporations Xxx 0000 and Applicable Regulations. Any deposited funds will be handled in accordance with s981A of the Corporations Xxx 0000 (Cth). You acknowledge that your monies will and the monies of other clients of Admiral may be combined and deposited by AM CY Admiral in a client’s segregated account or a trust account. You also acknowledge that all monies credited to the client’s segregated account maintained by Admiral may be used by Admiral to meet the default of any other clients segregated accountof Admiral. 8.3. 9.2 You authorise AM CY Admiral to withdraw any or all monies to which you are otherwise entitled in any clients` ' segregated account or trust account maintained by AM CY Admiral to meet any liability, obligation or other loss which you owe to AM CYAdmiral. 8.4. 9.3 You hereby grant your express consent and agree that AM CY Admiral is entitled to all interest earned on money monies credited to a Clients` clients' segregated account or trust account unless you and AM CY Admiral have otherwise agreed in writing. 8.5. 9.4 If you instruct AM CY Admiral to pay an amount to you, AM CY Admiral will pay such amount to which you are entitled under this Agreement directly to you and not to any third party, unless you have otherwise instructed AM CY Admiral to do so and AM CY Admiral has agreed. You must provide the relevant account details for payment instructions in respect of payments to be made by AM CY Admiral to you. Whilst AM CY Admiral will take reasonable steps to comply with your payment instructions, AM CY Admiral accepts no responsibility for any failure to comply with those instructions and, if such failure occurs, the relevant monies will continue to be held by AM CY Admiral in accordance with the Corporations Act and applicable laws. 8.6. 9.5 All currency exchange risks regarding any payment instruction will be solely your liability. Any conversion from one currency to another required to be made for performing any payment instruction may be effected by AM CY Admiral in the manner and at the time and at the exchange rates that AM CY Admiral in its our absolute discretion decides. 8.7. 9.6 You acknowledge that monies paid by you or AM CY Admiral to an international financial market participant or other service provider outside the Republic of CyprusAustralia, or received by such a person outside of the Republic of Cyprus Australia in connection with services provided to you by AM CYor Admiral, will not be subject to the Australian laws of the Republic of Cyprus and rules governing client money, but instead will be subject to the applicable laws of the relevant jurisdiction.

Client Money and Account. 8.1. AM CY Aglobe requires AM CYAglobe’s Clients to credit all funds related to their Invest.MT5 account to a designated financial institution with which AM CY Aglobe maintains a segregated client account prior to the placement of any purchase order. 8.2. AM CY Aglobe must deal with any money which you pay or give to us, or which is otherwise received by AM CY Aglobe in connection with financial services provided by AM CYAglobe. You acknowledge that your monies will be deposited by AM CY Aglobe in a clients segregated account. 8.3. You authorise AM CY Aglobe to withdraw any or all monies to which you are otherwise entitled in any clients` segregated account or trust account maintained by AM CY Aglobe to meet any liability, obligation or other loss which you owe to AM CYAglobe. 8.4. You hereby grant your express consent and agree that AM CY Aglobe is entitled to all interest earned on money credited to a Clients` segregated account or trust account unless you and AM CY Aglobe have otherwise agreed in writing. 8.5. If you instruct AM CY Aglobe to pay an amount to you, AM CY Aglobe will pay such amount to which you are entitled under this Agreement directly to you and not to any third party, unless you have otherwise instructed AM CY Aglobe to do so and AM CY Aglobe has agreed. You must provide the relevant account details for payment instructions in respect of payments to be made by AM CY Aglobe to you. Whilst AM CY Aglobe will take reasonable steps to comply with your payment instructions, AM CY Aglobe accepts no responsibility for any failure to comply with those instructions and, if such failure occurs, the relevant monies will continue to be held by AM CY Aglobe in accordance with applicable laws. 8.6. All currency exchange risks regarding any payment instruction will be solely your liability. Any conversion from one currency to another required to be made for performing any payment instruction may be effected by AM CY Aglobe in the manner and at the time and at the exchange rates that AM CY Aglobe in its absolute discretion decides. 8.7. You acknowledge that monies paid by you or AM CY Aglobe to an international financial market participant or other service provider outside the Republic of CyprusSeychelles, or received by such a person outside of the Republic of Cyprus Seychelles in connection with services provided to you by AM CYAglobe, will not be subject to the laws of the Republic of Cyprus Seychelles and rules governing client money, but instead will be subject to the applicable laws of the relevant jurisdiction.

Client Money and Account. 8.1. AM CY Aglobe requires AM CYXxxxxx’s Clients to credit all funds related to their Invest.MT5 account to a designated financial institution with which AM CY Aglobe maintains a segregated client account prior to the placement of any purchase order. 8.2. AM CY Aglobe must deal with any money which you pay or give to us, or which is otherwise received by AM CY Aglobe in connection with financial services provided by AM CYAglobe. You acknowledge that your monies will be deposited by AM CY Xxxxxx in a clients segregated account. 8.3. You authorise AM CY Aglobe to withdraw any or all monies to which you are otherwise entitled in any clients` segregated account or trust account maintained by AM CY Aglobe to meet any liability, obligation or other loss which you owe to AM CYAglobe. 8.4. You hereby grant your express consent and agree that AM CY Xxxxxx is entitled to all interest earned on money credited to a Clients` segregated account or trust account unless you and AM CY Aglobe have otherwise agreed in writing. 8.5. If you instruct AM CY Aglobe to pay an amount to you, AM CY Aglobe will pay such amount to which you are entitled under this Agreement directly to you and not to any third party, unless you have otherwise instructed AM CY Aglobe to do so and AM CY Aglobe has agreed. You must provide the relevant account details for payment instructions in respect of payments to be made by AM CY Aglobe to you. Whilst AM CY Aglobe will take reasonable steps to comply with your payment instructions, AM CY Aglobe accepts no responsibility for any failure to comply with those instructions and, if such failure occurs, the relevant monies will continue to be held by AM CY Aglobe in accordance with applicable laws. 8.6. All currency exchange risks regarding any payment instruction will be solely your liability. Any conversion from one currency to another required to be made for performing any payment instruction may be effected by AM CY Xxxxxx in the manner and at the time and at the exchange rates that AM CY Aglobe in its absolute discretion decides. 8.7. You acknowledge that monies paid by you or AM CY Aglobe to an international financial market participant or other service provider outside the Republic of CyprusSeychelles, or received by such a person outside of the Republic of Cyprus Seychelles in connection with services provided to you by AM CYAglobe, will not be subject to the laws of the Republic of Cyprus Seychelles and rules governing client money, but instead will be subject to the applicable laws of the relevant jurisdiction.