Common use of Deposits and Payments Clause in Contracts

Deposits and Payments. 33.1. You must comply with the following when making payments to us: a) Payments due (including Margin payments) will, unless otherwise agreed or specified by us, be required in currencies specified by us. b) You may make any payment due to us by any of the following methods: i. debit or credit card; or ii. direct bank transfer. Please note that we reserve the right to levy a reasonable administration charge for processing your payments. c) We do not accept payments from you by cash or cheque. d) In determining whether to accept payments from you under this clause, we will have utmost regard to our duties under law regarding the prevention of fraud and money laundering. To this end, we may at our absolute discretion having regard to the law, reject payments from you or a third party or any other person other than yourself and return funds to source. In particular, we will not accept payments from a bank account if it is not evident to us that the bank account is in your name. 33.2. You should be aware of the following when you open a Transaction or deposit money into your account in a Currency other than your base Currency (i.e. the currency in which your Account with us is denominated): a) It is your responsibility to make yourself aware of the Currency that is designated as your base currency. Details of your base currency are available on our Electronic Trading Service. b) Some Transactions will result in profit/loss being accrued in a Currency other than your Base Currency. The Trading Instrument Section specify the Currencies in which various Transactions are denominated, or alternatively such information is available from our client support team on request. We reserve the right to change the way in which we manage and/or convert your non-Base Currency balances at any time in the future by providing you with ten (10) calendar days prior written notice. We will be under no obligation to remit any money to you if that would reduce your account balance (taking into account running profits and losses) to less than the Margin payments required on your open Transactions. Money standing to the credit of your account will be remitted to you if requested by you. Where you do not make such a request, we will be under no obligation to, but may, at our absolute discretion, remit such monies to you. All bank charges howsoever arising will, unless otherwise agreed, be for your account. The manner in which we remit monies to you will be at our absolute discretion, having utmost regard to our duties under law regarding the prevention of fraud and money laundering. We will normally remit money in the same method and to the same place from which it was received. However, in exceptional circumstances we may, at our absolute discretion, consider a suitable alternative. 33.3. You may deposit funds into your Account at any time during the course of this Agreement. Deposits will be accepted via bank transfer, debit/credit card (MasterCard, Visa) or any other method of electronic money transfer (where the originator is yourself) acceptable by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. 33.4. We have the right not to accept funds deposited by you and/or to cancel your deposits and remit them back to you in the following: a) if you fail to provide us with any documents which we request from you either for client identification purposes or for any other reason, including with respect to verifying the source of your wealth; b) if we suspect or have concerns that the submitted documents may be false or fake; c) if we suspect you are involved in illegal or fraudulent activity or you engage in abusive trading practices; d) if we have been informed that your credit or debit card (or any other payment method used) has been lost or stolen; e) where we consider that there is a chargeback risk; f) where we cannot identify you as an original remitter of the funds or where we are unable to return the funds to the same source of payment; and/or g) where we do so in order, in our reasonable judgment, to comply with Applicable Laws and Regulations; 33.5. All payment and transfer charges will be borne by you and the Company shall debit the Client Account for these charges. 33.6. If you make a payment by bank transfer, by credit card or any other method of electronic money transfer, the Company shall credit the Client Account with the relevant amount within one Business Day after the amount is cleared in the bank account of the Company.

Deposits and Payments. 33.1. You must comply with the following when making payments to us: a) Payments due (including Margin payments) will, unless otherwise agreed or specified by us, be required in currencies specified by us. b) You may make any payment due to us by any of the following methods: i. i) debit or credit card; or ii. ) direct bank transfer. . iii) Please note that we reserve the right to levy a reasonable administration charge for processing your payments. c) We do not accept payments from you by cash or cheque. d) In determining whether to accept payments from you under this clause, we will have utmost regard to our duties under law regarding the prevention of fraud and money laundering. To this end, we may at our absolute discretion having regard to the law, reject payments from you or a third party or any other person other than yourself and return funds to source. In particular, we will not accept payments from a bank account if it is not evident to us that the bank account is in your name. 33.2. You should be aware of the following when you open a Transaction or deposit money into your account in a Currency other than your base Currency (i.e. the currency in which your Account with us is denominated): a) It is your responsibility to make yourself aware of the Currency that is designated as your base currency. Details of your base currency are available on our Electronic Trading Service. b) Some Transactions will result in profit/loss being accrued in a Currency other than your Base Currency. The Trading Instrument Instruments Section specify the Currencies in which various Transactions are denominated, or alternatively such information is available from our client support team on request. We reserve the right to change the way in which we manage and/or convert your non-Base Currency balances at any time in the future by providing you with ten (10) calendar days prior written notice. We will be under no obligation to remit any money to you if that would reduce your account balance (taking into account running profits and losses) to less than the Margin payments required on your open Transactions. Money standing to the credit of your account will be remitted to you if requested by you. Where you do not make such a request, we will be under no obligation to, but may, at our absolute discretion, remit such monies to you. All bank charges howsoever arising will, unless otherwise agreed, be for your account. The manner in which we remit monies to you will be at our absolute discretion, having utmost regard to our duties under law regarding the prevention of fraud and money laundering. We will normally remit money in the same method and to the same place from which it was received. However, in exceptional circumstances we may, at our absolute discretion, consider a suitable alternative. 33.3. You may deposit funds into your Account at any time during the course of this Agreement. Deposits will be accepted via bank transfer, debit/credit card (MasterCard, Visa) or any other method of electronic money transfer (where the originator is yourself) acceptable by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. 33.4. We have the right not to accept funds deposited by you and/or to cancel your deposits and remit them back to you in the following: a) if you fail to provide us with any documents which we request from you either for client identification purposes or for any other reason, including with respect to verifying the source of your wealth; b) if we suspect or have concerns that the submitted documents may be false or fake; c) if we suspect you are involved in illegal or fraudulent activity or you engage in abusive trading practices; d) if we have been informed that your credit or debit card (or any other payment method used) has been lost or stolen; e) where we consider that there is a chargeback risk; f) where we cannot identify you as an original remitter of the funds or where we are unable to return the funds to the same source of payment; and/or g) where we do so in order, in our reasonable judgment, to comply with Applicable Laws and Regulations; 33.5. All payment and transfer charges will be borne by you and the Company shall debit the Client Account for these charges. 33.6. If you make a payment by bank transfer, by credit card or any other method of electronic money transfer, the Company shall credit the Client Account with the relevant amount within one Business Day after the amount is cleared in the bank account of the Company.

Deposits and Payments. 33.1. (1) You must comply with the following when making payments to us: a) i. Payments due (including Margin payments) will, unless otherwise agreed or specified by us, be required in currencies specified by us. b) ii. You may make any payment due to us by any of the following methods: i. : debit or credit card; or ii. card or direct bank transfer. Please note that we reserve the right to levy a reasonable administration charge for processing your payments. c) iii. We do not accept payments from you by cash or cheque. d) iv. In determining whether to accept payments from you under this clause, we will have utmost regard to our duties under law the Law regarding the prevention of fraud and money laundering. To this end, we may at our absolute discretion discretion, having regard to the lawLaw, reject payments from you or a third Third party or any other person other than yourself and return funds to source. In particular, we will not accept payments from a bank account if it is not evident to us that the bank account is in your name. 33.2. (2) You should be aware of the following when you open a Transaction or deposit money into your account in a Currency other than your base Currency (i.e. the currency in which your Account with us is denominated): a) i. It is your responsibility to make yourself aware of the Currency that is designated as your base currency. Details of your base currency are available on our Electronic Trading Service. b) ii. Some Transactions will result in profit/loss being accrued in a Currency other than your Base Currency. The Trading Instrument Assets Section specify the Currencies in which various Transactions are denominated, or alternatively such information is available from our client Client support team on request; and iii. Conversion fees may apply when your account currency is different than the quoted currency of the underlying asset being traded. (3) We reserve the right to change the way in which we manage and/or convert your non-Base Currency balances at any time in the future by providing you with ten (10) calendar days prior written notice. We will be under no obligation to remit any money to you if that would reduce your account balance (taking into account running profits and losses) to less than the Margin payments required on your open Transactions. Money standing to the credit of your account will be remitted to you if requested by you. Where you do not make such a request, we will be under no obligation to, but may, at our absolute discretion, remit such monies to you. All bank charges howsoever arising will, unless otherwise agreed, be for your account. The manner in which we remit monies to you will be at our absolute discretion, having utmost regard to our duties under law the Law regarding the prevention of fraud and money laundering. We will normally remit money in the same method and to the same place from which it was received. However, in exceptional circumstances we may, at our absolute discretion, consider a suitable alternative. 33.3. (4) You may deposit funds into your Account at any time during the course of this Agreement. Deposits will be accepted via bank transfer, debit/credit card (MasterCard, Visa) or any other method of electronic money transfer (where the originator is yourself) acceptable by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. 33.4. (5) We have the right not to accept funds deposited by you and/or to cancel your deposits and remit them back to you in the following: a) i. if you fail to provide us with any documents which we request from you either for client Client identification purposes or for any other reason, including with respect to verifying the source of your wealth; b) ii. if we suspect or have concerns that the submitted documents may be false or fake; c) iii. if we suspect you are involved in illegal or fraudulent activity or you engage in abusive trading practices; d) iv. if we have been informed that your credit or debit card (or any other payment method used) has been lost or stolen; e) v. where we consider that there is a chargeback risk; f) vi. where we cannot identify you as an original remitter of the funds or where we are unable to return the funds to the same source of payment; and/or g) vii. where we do so in order, in our reasonable judgment, to comply with Applicable Laws and Regulations;. 33.5. (6) All payment and transfer charges will be borne by you and the Company shall debit the Client Account for these charges. 33.6. (7) If you make a payment by bank transfer, by credit card or any other method of electronic money transfer, the Company shall credit the Client Account with the relevant amount within one Business Day after the amount is cleared in the bank account of the Company.

Deposits and Payments. 33.1. ‌ (1) You must comply with the following when making payments to us: a) i. Payments due (including Margin payments) will, unless otherwise agreed or specified by us, be required in currencies specified by us. b) ii. You may make any payment due to us by any of the following methods: i. : debit or credit card; or ii. card or direct bank transfer. Please note that we reserve the right to levy a reasonable administration charge for processing your payments. c) iii. We do not accept payments from you by cash or cheque. d) iv. In determining whether to accept payments from you under this clause, we will have utmost regard to our duties under law the Law regarding the prevention of fraud and money laundering. To this end, we may at our absolute discretion discretion, having regard to the lawLaw, reject payments from you or a third Third party or any other person other than yourself and return funds to source. In particular, we will not accept payments from a bank account if it is not evident to us that the bank account is in your name. 33.2. (2) You should be aware of the following when you open a Transaction or deposit money into your account in a Currency other than your base Currency (i.e. the currency in which your Account with us is denominated): a) i. It is your responsibility to make yourself aware of the Currency that is designated as your base currency. Details of your base currency are available on our Electronic Trading Service. b) ii. Some Transactions will result in profit/loss being accrued in a Currency other than your Base Currency. The Trading Instrument Assets Section specify the Currencies in which various Transactions are denominated, or alternatively such information is available from our client Client support team on request; and iii. Conversion fees may apply when your account currency is different than the quoted currency of the underlying asset being traded. (3) We reserve the right to change the way in which we manage and/or convert your non-Base Currency balances at any time in the future by providing you with ten (10) calendar days prior written notice. We will be under no obligation to remit any money to you if that would reduce your account balance (taking into account running profits and losses) to less than the Margin payments required on your open Transactions. Money standing to the credit of your account will be remitted to you if requested by you. Where you do not make such a request, we will be under no obligation to, but may, at our absolute discretion, remit such monies to you. All bank charges howsoever arising will, unless otherwise agreed, be for your account. The manner in which we remit monies to you will be at our absolute discretion, having utmost regard to our duties under law the Law regarding the prevention of fraud and money laundering. We will normally remit money in the same method and to the same place from which it was received. However, in exceptional circumstances we may, at our absolute discretion, consider a suitable alternative. 33.3. (4) You may deposit funds into your Account at any time during the course of this Agreement. Deposits will be accepted via bank transfer, debit/credit card (MasterCard, Visa) or any other method of electronic money transfer (where the originator is yourself) acceptable by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. 33.4. (5) We have the right not to accept funds deposited by you and/or to cancel your deposits and remit them back to you in the following: a) i. if you fail to provide us with any documents which we request from you either for client Client identification purposes or for any other reason, including with respect to verifying the source of your wealth; b) ii. if we suspect or have concerns that the submitted documents may be false or fake; c) iii. if we suspect you are involved in illegal or fraudulent activity or you engage in abusive trading practices; d) iv. if we have been informed that your credit or debit card (or any other payment method used) has been lost or stolen; e) v. where we consider that there is a chargeback risk; f) vi. where we cannot identify you as an original remitter of the funds or where we are unable to return the funds to the same source of payment; and/or g) vii. where we do so in order, in our reasonable judgment, to comply with Applicable Laws and Regulations;. 33.5. (6) All payment and transfer charges will be borne by you and the Company shall debit the Client Account for these charges. 33.6. (7) If you make a payment by bank transfer, by credit card or any other method of electronic money transfer, the Company shall credit the Client Account with the relevant amount within one Business Day after the amount is cleared in the bank account of the Company.

Deposits and Payments. 33.1. You must comply with the following when making payments to us: a) : Payments due (including Margin payments) will, unless otherwise agreed or specified by us, be required in currencies specified by us. b) . You may make any payment due to us by any of the following methods: i. : debit or credit card; or ii. card or direct bank transfer. Please note that we reserve the right to levy a reasonable administration charge for processing your payments. c) . We do not accept payments from you by cash or cheque. d) . In determining whether to accept payments from you under this clause, we will have utmost regard to our duties under law the Law regarding the prevention of fraud and money laundering. To this end, we may at our absolute discretion discretion, having regard to the lawLaw, reject payments from you or a third Third party or any other person other than yourself and return funds to source. In particular, we will not accept payments from a bank account if it is not evident to us that the bank account is in your name. 33.2. You should be aware of the following when you open a Transaction or deposit money into your account in a Currency other than your base Currency (i.e. the currency in which your Account with us is denominated): a) ): It is your responsibility to make yourself aware of the Currency that is designated as your base currency. Details of your base currency are available on our Electronic Trading Service. b) . Some Transactions will result in profit/loss being accrued in a Currency other than your Base Currency. The Trading Instrument Assets Section specify the Currencies in which various Transactions are denominated, or alternatively such information is available from our client Client support team on request; and Conversion fees may apply when your account currency is different than the quoted currency of the underlying asset being traded. We reserve the right to change the way in which we manage and/or convert your non-Base Currency balances at any time in the future by providing you with ten (10) calendar days prior written notice. We will be under no obligation to remit any money to you if that would reduce your account balance (taking into account running profits and losses) to less than the Margin payments required on your open Transactions. Money standing to the credit of your account will be remitted to you if requested by you. Where you do not make such a request, we will be under no obligation to, but may, at our absolute discretion, remit such monies to you. All bank charges howsoever arising will, unless otherwise agreed, be for your account. The manner in which we remit monies to you will be at our absolute discretion, having utmost regard to our duties under law the Law regarding the prevention of fraud and money laundering. We will normally remit money in the same method and to the same place from which it was received. However, in exceptional circumstances we may, at our absolute discretion, consider a suitable alternative. 33.3. You may deposit funds into your Account at any time during the course of this Agreement. Deposits will be accepted via bank transfer, debit/credit card (MasterCard, Visa) or any other method of electronic money transfer (where the originator is yourself) acceptable by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. 33.4. We have the right not to accept funds deposited by you and/or to cancel your deposits and remit them back to you in the following: a) : if you fail to provide us with any documents which we request from you either for client Client identification purposes or for any other reason, including with respect to verifying the source of your wealth; b) ; if we suspect or have concerns that the submitted documents may be false or fake; c) ; if we suspect you are involved in illegal or fraudulent activity or you engage in abusive trading practices; d) ; if we have been informed that your credit or debit card (or any other payment method used) has been lost or stolen; e) ; where we consider that there is a chargeback risk; f) ; where we cannot identify you as an original remitter of the funds or where we are unable to return the funds to the same source of payment; and/or g) and/or where we do so in order, in our reasonable judgment, to comply with Applicable Laws and Regulations; 33.5. All payment and transfer charges will be borne by you and the Company shall debit the Client Account for these charges. 33.6. If you make a payment by bank transfer, by credit card or any other method of electronic money transfer, the Company shall credit the Client Account with the relevant amount within one Business Day after the amount is cleared in the bank account of the Company.