DEPOSIT PROTECTION SCHEME. (a) Certain Customer deposits may be covered by the deposit protection scheme pursuant to the Deposit Protection Scheme Ordinance, Chapter 581 of the Laws of Hong Kong. However certain financial products are not protected deposits under the deposit protection scheme including, but not limited to, the following:
DEPOSIT PROTECTION SCHEME. If a deposit is to be paid by the tenant you must sign up to one of the 3 schemes listed below: • Deposit Protection Service (DPS) • Tenancy Deposit Solutions Ltd (TDSL) • Tenancy Deposit Scheme (TDS) We the undersigned assign to the Society all of our title and interest in and to the rent arising under any tenancy agreement relating to the property to be mortgaged. We will execute any further assignment in whatever form decided by the Society if we are required to do so. We undertake to comply with the above conditions. We acknowledge that any breach of these conditions is a breach of the terms of the mortgage. Account Number: …………………………………….. Customer Name(s): Signature(s) Date 1……………………………………. …………………………………….. …………… 2……………………………………. …………………………………….. …………… 3……………………………………. …………………………………….. …………… 4……………………………………. …………………………………….. ……………
DEPOSIT PROTECTION SCHEME. 11.1 Thai Baht deposits of the depositors (other than Thai Baht deposits in any non-resident Baht account) are protected by the Deposit Protection Agency, for the following amounts as required by Law: Protected deposit amount (THB) Period 15,000,000 11 August 2017 – 10 August 2018 10,000,000 11 August 2018 – 10 August 2019 5,000,000 11 August 2019 – 10 August 2020 1,000,000 11 August 2020 onwards
DEPOSIT PROTECTION SCHEME. Terms and Conditions The prescribed Tenancy Deposit Scheme in use for Flat 5 is called the Deposit Protection Scheme (DPS), and this is a copy of their terms and conditions.
DEPOSIT PROTECTION SCHEME. The Hong Kong Deposit Protection Scheme (‘DPS’) does not apply to the funds sent, exchanged or received in connection with the Services. You acknowledge and agree that we are not a bank and do not provide you with a bank account, and so our Services are not covered by the DPS. You further agree that the Global Account is a ‘virtual account’ and is not a bank account, that the funds transferred to us are beneficially ours and will not be held on trust for you, and that you will not earn interest or be entitled to any interest on any funds.
DEPOSIT PROTECTION SCHEME. 2.1 Eligible deposits of depositors (including all types of ordinary deposits such as current accounts, savings accounts, secured deposits and time deposits with a maturity of not more than 5 years) are protected by the Deposit Protection Scheme ("Scheme") under the Deposit Protection Scheme Ordinance (Cap 581), for up to HK$500,000 in aggregate per depositor per Scheme member. The Bank is a member of the Deposit Protection Scheme. Structured deposits, time deposits longer than 5 years in maturity, bearer form deposits, offshore deposits, and financial products other than deposits (including bonds, stocks, warrants, mutual funds, unit trusts and insurance policies) are not protected deposits and are not protected by the Scheme.
