Deposits to the Account. 11.1 The Customer shall pay to FSL in such manner as specified by FSL the amount of the initial deposit of funds as required by FSL in relation to the Customer's account application. 11.2 In respect of all deposits of funds into the Account, the Customer shall: (a) arrange for the deposit of funds to FSL; and (b) deliver, mail or fax to FSL the relevant bank deposit receipt or advice stating clearly the Customer's name and Account number. The Customer acknowledges that the Account shall not be credited with funds until the receipt by FSL of cleared funds. 11.3 In respect of deposits or transfers of Securities into the Account, the Customer shall: (a) complete the Securities deposit form available from FSL's office; (b) arrange for the delivery or transfer to FSL of the Securities described on the Securities deposit form The Customer acknowledges that: (i) the Securities shall not be credited to the Account until FSL has received the Securities; (ii) where Securities are to be transferred to FSL, the Customer shall be responsible for processing the transfer from the transferring party to FSL; (iii) all transfers, handling and custodian fees and charges incurred in relation to the deposit or transfer of Securities into the Account, for which the Customer hereby undertakes to be responsible and which FSL is authorized to deduct from the Account.
Appears in 3 contracts
Samples: Client Trading Agreement, Client Trading Agreement, Client Trading Agreement
Deposits to the Account. 11.1 The Customer shall pay to FSL MSL in such manner as specified by FSL MSL the amount of the initial deposit of funds as required by FSL MSL in relation to the Customer's ’s account application.
11.2 In respect of all deposits of funds into the Account, the Customer shall:
: (a) arrange for the deposit of funds to FSLMSL; and
and (b) deliver, mail or fax to FSL MSL the relevant bank deposit receipt or advice stating clearly the Customer's ’s name and Account number. The Customer acknowledges that the Account shall not be credited with funds until the receipt by FSL MSL of cleared funds.
11.3 In respect of deposits or transfers of Securities into the Account, the Customer shall:
: (a) complete the Securities deposit form available from FSL's MSL’s office;
; (b) arrange for the delivery or transfer to FSL MSL of the Securities described on the Securities deposit form form. The Customer acknowledges that:
: (i) the Securities shall not be credited to the Account until FSL MSL has received the Securities;
; (ii) where Securities are to be transferred to FSLMSL, the Customer shall be responsible for processing the transfer from the transferring party to FSL;
MSL; (iii) all transfers, handling and custodian fees and charges incurred in relation to the deposit or transfer of Securities into the Account, for which the Customer hereby undertakes to be responsible and which FSL MSL is authorized to deduct from the Account.
Appears in 2 contracts
Deposits to the Account. 11.1 The Customer shall pay to FSL MSL in such manner as specified by FSL MSL the amount of the initial deposit of funds as required by FSL MSL in relation to the Customer's ’s account application.
11.2 In respect of all deposits of funds into the Account, the Customer shall:
: (a) arrange for the deposit of funds to FSLMSL; and
and (b) deliver, mail or fax to FSL MSL the relevant bank deposit receipt or advice stating clearly the Customer's ’s name and Account number. The Customer acknowledges that the Account shall not be credited with funds until the receipt by FSL MSL of cleared funds.
11.3 In respect of deposits or transfers of Securities into the Account, the Customer shall:
: (a) complete the Securities deposit form available from FSL's MSL’s office;
; (b) arrange for the delivery or transfer to FSL MSL of the Securities described on the Securities deposit form form. The Customer acknowledges that:
: (i) the Securities shall not be credited to the Account until FSL MSL has received the Securities;
; (ii) where Securities are to be transferred to FSLMSL, the Customer shall be responsible for processing the transfer from the transferring party to FSLMSL;
(iii) all transfers, handling and custodian fees and charges incurred in relation to the deposit or transfer of Securities into the Account, for which the Customer hereby undertakes to be responsible and which FSL is authorized to deduct from the Account.
Appears in 1 contract
Samples: Client Trading Agreement