Fees and Charges. 12.1 Details of all charges, spreads and commissions applicable to your trading activity can be found on our Website. 12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website. 12.3 When a Transaction is closed out: (a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is: (i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or (ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and (b) you will receive the Difference where the Transaction is: (i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or (ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction. 12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement. 12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction. 12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf. 12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments. 12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument. 12.9 We may charge you for Market Data or any other ancillary services we make available to you. 12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law. 12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 5 contracts
Sources: Retail Clients Terms of Business, Retail Clients Terms of Business, Retail Clients Terms of Business
Fees and Charges. 12.1 Details 15.1. Any profit or loss net of any fees and charges (that is, the realized gain or loss) arising on Closing Out a Transaction will be credited or debited (as the case may be) against the Account Value, in the Account currency.
15.2. You owe us, and must pay to us or as we direct:
a) any Transaction charges including all commission, Finance Charge, charges, spreads fees, Margins, premiums, settlement and commissions applicable clearing fees and charges, interest, default charges and taxes (including GST but excluding FinPros’ income tax or penalty tax and levies) and any other amounts due under this Agreement, on demand by FinPros in cleared funds or otherwise as required by this Agreement;
b) a Transaction Fee for each Financial Product or Transaction (as the case may be) being the fee from time to time specified by FinPros to be the amount payable by you to FinPros in respect of each such Transaction;
c) any royalty or other fee which must be paid for the use of prices or information provided to you via access through the Electronic Trading Service or otherwise by any Exchange;
d) (if applicable) a monthly access charge for the use of the Electronic Trading Ser- vice provided by FinPros, as specified by FinPros from time to time;
e) any fees, Taxes, stamp duty, transfer taxes or other charges as may from time to time be levied on or in connection with any Transactions entered into with you; and
f) in respect of any unpaid amounts required to be paid under this Agreement in- cluding, (without limitation) any amounts due as a result of your trading activity can be found failure to pay in- terest on our Websiteall such amounts denominated in Dollars at the interest rate per annum as reasonably determined by FinPros (but so that the total rate does not exceed generally prevailing rates for personal unsecured loans in comparable amounts), such interest to accrue daily from and including the due date to and including the date of its payment in full.
12.2 Where you hold a Transaction that exposes you 15.3. You authorize us to deduct any of the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to fees described in clause 15.2:
a) from your Account. You should contact us for details ;
b) from the CMTA; and to pay ourselves the amount of dividend cash adjustments if you are unsure of the impact that this will have any Transaction Fee, Realized/Unrealized Losses on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrumentany other fees or charges described in clause 14, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash paymentscredit card fees incurred by you, which are charged to us) you owe and the amount of Margin which you must pay to maintain the required Margin Cover.
12.8 You will 15.4. All payments by you under this Agreement are:
a) to be liable to cover the cost of made without any taxes paid set-off by liquidity providers with regards to share CFDsyou, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as counter claim or condition made by you will not own the underlying Instrument.
12.9 We may charge and without you making any deduction or withholding for Market Data any Tax or any other ancillary services rea- son unless the deduction or withholding is required by applicable law or the set-off arises by express application of this Agreement; and
b) payable in any currency that we make available to youmay reasonably require or determine.
12.10 15.5. We may deduct agree to pay you any Finance Credit applicable to a Transaction, from any payments due time to you such amounts as are required to be deducted in accordance with Applicable Lawtime.
12.11 If there 15.6. Trading Accounts that are no Transactions on your Account inactive for a period of at least 12 monthsmore than ninety (90) calendar days will be considered as ‘dormant’ and may be charged a recurring ‘dormant Account/in- activity fee’ of USD EUR 22.00 /USD 20.00/ GBP 15.00 per month.
15.7. A trading Account shall be deemed as dormant from the ninety-first (91st) calendar day onwards that there has been no trading activity in the Account.
15.8. In these circumstances, a monthly fee equal to USD EUR 22.00 /USD 20.00/ GBP 15.00, shall be deducted from the Client’s Account(s) every thirty (30) calendar days, commencing from the ninety-first (91st) calendar day that there has been no trading activity in the trading Account, until the balance of the Client’s Account has reached zero.
15.9. In the event that you log-on to your Account(s) and trade in your trading Account(s) in the period during which the dormant Account/inactivity fee is being applied, we will cease to deduct the dormant Account/inactivity fee, but we shall not be obliged to refund any dormant Account/inactivity fees deducted from your Account may prior to such log-on and trading activity.
15.10. Dormant trading Accounts with a zero free balance will be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Websitearchived automatically.
Appears in 4 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Fees and Charges. 12.1 When you open and close a Transaction, our spread (on both the open and the close) includes our charges for trading with us. Details of all charges, spreads and commissions applicable to your trading activity charges can be found in our Key Information Documents, which are available on our Website.
12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subjectsubject to either hourly or daily, depending upon the underlying Instrumentinstrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position position (in relation to the margin utilised). The Financing Cost is calculated on a per Position position basis and may be a charge or a credit, depending on whether the Position position is a buy/long Position position or a sell/short Positionposition, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in any of your Account Accounts (or sub-accounts) to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data market data or any other ancillary services we make available to you.
12.10 12.8 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 12.9 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 3 contracts
Sources: Terms of Business, Terms of Business, Terms of Business
Fees and Charges. 12.1 Details of all 13.1 You will pay to us such fees and charges at such rates as published on the Online Facility or as otherwise notified by us to you from time to time. These will include transaction charges, spreads interest and commissions applicable charges in respect of automatic rollover of your positions pursuant to your trading activity can be found on our Websiteclause 9.
12.2 Where 1. In addition to this you hold a Transaction that exposes you to will be responsible for the payment of any other charges that we have notified to you that may be incurred as a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure result of the impact provision of our services to you.
13.2 You acknowledge and agree that we may make or receive a fee, commission or non- monetary benefit to or from any other person in connection with our service to you. If this applies to you we will have on your Accountprovide you with separate written information regarding such fee, commission or non-monetary benefit.
13.3 All fees and charges will be regarded as being due and payable immediately. Information is also available on our Website. Transactions Any sums due to us may be subjectdebited by us from your account(s) with us. In the event of late payment by you, depending upon overdue amounts will bear interest at a rate that we will reasonably determine as notified to you in the underlying InstrumentAccount Information.
13.4 You agree to pay a transfer fee, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis as determined by us and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information made available on the WebsiteOnline Facility in the event that on termination of the Agreement you instruct us to transfer cash relating to your account to another institution.
12.3 When 13.5 For the purposes of any calculation hereunder, we may convert amounts denominated in any currency into such other currency as we may from time to time specify, at such rate prevailing at the time of the calculation as we will reasonably select.
13.6 If we receive or recover any amount in respect of any of your obligations in a Transaction currency other than that in which such amount is closed out:
(a) payable, whether pursuant to a judgment of any court or otherwise, you will have to pay be responsible for and indemnify us on demand and hold us harmless from and against any cost (including costs of conversion) and loss suffered by us as a result of receiving such amount in a currency other than the Difference (this currency in which it is due.
13.7 Unless otherwise agreed in writing, you will be responsible for the Difference in price between the opening payment of a Transaction any brokerage fees, clearing fees, exchange house fees, transfer fees, registration fees, stamp duty and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sellother applicable taxes, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buyall other liabilities, charges, costs and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds expenses payable in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now connection with transactions effected or in the future. You will reimburse services provided by us if we pay any applicable taxes on your behalf.
12.7 You 13.8 All amounts (including without limitation all fees and charges) payable by you will be liable for all taxesdue on demand without set off, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash paymentscounterclaim or deduction.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Fees and Charges. 12.1 When you open and close a Transaction, our spread (on both the open and the close) includes our charges for trading with us. Details of all charges, spreads and commissions applicable to your trading activity charges can be found on our Website.
12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrumentinstrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position position (in relation to the margin utilised). The Financing Cost is calculated on a per Position position basis and may be a charge or a credit, depending on whether the Position position is a buy/long Position position or a sell/short Positionposition, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Websitewebsite.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data market data or any other ancillary services we make available to you.
12.10 12.8 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 12.9 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 3 contracts
Sources: Retail Clients Terms of Business, Retail Clients Terms of Business, Retail Clients Terms of Business
Fees and Charges. 12.1 Details of all charges, spreads a. Any fees and commissions applicable charges referred to your trading activity can be found on our Website.
12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we herein shall be entitled at the rates set out in Annex A of this Agreement, as amended from time to make a reasonable dividend cash adjustment time pursuant to your Accountclause 6c. You should contact us for details of dividend cash adjustments if you are unsure of Please read the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon following important information carefully prior to using the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilisedCard(s). The Financing Cost is calculated on a per Position basis use of the Card(s) shall be deemed as the Cardmember/ Company/Establishment’s formal and may be a charge absolute approval to Our Initial Disclosure Statement and this Cardmember Agreement. For any questions, please call Our customer service at ▇▇▇ ▇▇▇ ▇▇▇▇ or a credit, depending on whether (+▇▇▇ ▇▇) ▇▇▇ ▇▇▇▇
b. All Our fees and charges are detailed in Annex A of this Agreement. Other than the Position is a buy/long Position or a sell/short Positionfees and charges listed in Annex A (Where applicable), and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available those published on our Websitewebsite as set out in the following paragraph, We will not charge the Cardmember/Company/Establishment any additional fees.
c. If We increase any of Our fees and charges, We will give the Company/Establishment at least 60 calendar days’ notice by publishing an updated list of fees and charges on Our website and by sending the Company/Establishment an email to the email address specified to Us. Financing Costs do If We decrease any of Our fees and charges, We may not apply to ‘Swap Free’ accounts, further information available give the Cardmember/Company/ Establishment any notice. An updated list of fees and charges shall be maintained on Our website.
d. The Account will be billed in Saudi Arabian Riyals. The Annual Fees as mentioned in Annex A will be included on the Websitefirst Statement of Account
e. All Cash Withdrawal Transactions attract a Cash Withdrawal Fee at the rate mentioned in Annex A. This fee will be billed to the Account along with the amount the Cardmember/ Company/Establishment has withdrawn. This fee will be debited to the Account at the time of posting the Cash Withdrawal Transaction(s).
12.3 When f. We may charge the Cardmember/Company/Establishment a fee to cover Our investigation costs for any disputed Transaction as specified in Annex A. However, if Our investigations show that the disputed Transaction was not performed by the Cardmember/Company/Establishment, We will refund this fee.
g. The Minimum Payment Due on the monthly Statement is closed out:due for payment on or before the Payment Due Date shown on the Statement.
(a) you will have to h. The Cardmember/Company/Establishment shall pay the Difference (this is total amount of all outstanding dues, including but not limited to any fees and charges, described as the Difference Minimum Payment Due or Current Balance specified in price between the opening Statement.
i. A maximum grace period of a Transaction 25 days will be granted to settle the Minimum Payment Due and /or the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a SellCurrent Balance, and the closing price Payment Due Date will be indicated on the Statement.
j. A Murabaha Margin will be charged to the Account at the rate specified in Annex A for the portion of the Current Balance on the Account that is not paid by the Payment Due Date and in respect of which a Tawarruq Transaction is higher than affected as set out in this Clause 6.
k. Where the opening price Current Balance on the SAB American Express Business Credit Card is not paid in full by the Payment Due Date, the Cardmember/Company/Establishment automatically request Us to purchase Commodities from a commodity supplier of Our choice for a value equal to the outstanding amount of the Transaction; or
(ii) a BuyCurrent Balance, and purchase those same Commodities (owned by Us), through the closing price of Tawarruq Transactions Agent, appointed through the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this accompanying Tawarruq Transactions Agent Nomination Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon l. The Tawarruq Transactions Agent shall purchase the conclusion Commodities on the Cardmember/Company/Establishment’s behalf at a price approximately equal to the unpaid Current Balance with the addition of a Transactionprofit margin calculated using the Murabaha Margin.
12.6 You m. The Commodities the Cardmember/Company/Establishment purchase from Us shall be sold by the Tawarruq Transactions Agent to a third-party broker.
n. The Cardmember/Company/Establishment agree to repay the amount owed to Us in one instalment, before the next Payment Due Date.
o. We will be liable maintain records of each Tawarruq Transaction for all taxes, fees and assessments for any Transaction you complete audit purposes to ensure compliance with the procedures approved by Our Sharia’ Board.
p. We will affect Tawarruq Transactions in respect of the unpaid amount of the Current Balance on the Trading Platform, now or in Account as of the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee Payment Due Date for each month subsequent month, unless the Account remains inactiveis sooner suspended or terminated either by the Cardmember/Company/Establishment or by Us. The levying of an inactivity fee will not result in a negative balance on your AccountTo view the Tawarruq Transactions Agent Nomination Agreement, please visit ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. Further information on inactivity fees is available on our Website.sa/content/terms-and-conditions
Appears in 2 contracts
Sources: Cardmember Agreement, Cardmember Agreement
Fees and Charges. 12.1 Details You agree to pay any minimal charges for ATM/Check Card transactions made at non-Legacy money machines. You can find a list of all over 500 non-Legacy Bank ATMs that you may use without being charged a fee at www. ▇▇▇▇▇▇▇▇▇▇.▇▇▇. There is no charge for preauthorized transfers. You agree to pay for any charge for replacement cards, special cards, or additional Card(s) or Personal Identification Numbers (PINs) requested. Please refer to the Service Charge Schedule for specific fee information related to electronic fund transfers. If you use your Card to access an account that does not have sufficient funds to complete the transaction or that would exceed the daily authorization limit attached to your card, we may, at our discretion, authorize the transaction. If we authorize a transaction that overdraws your account, we may assess a fee as described above in the section titled INSUFFICIENT FUNDS & WITHDRAWALS, and as set forth in the Service Charge Schedule. You may opt out of any discretionary overdraft program for ATM and check card transactions. You agree that Legacy may make future changes in Account and/or Card(s) service charges, spreads subject to our giving you notice as required by law. *To avoid charges -- when making any purchase using your legacy Check Card, if the merchant or transaction machine asks, if this is a credit card or debit card, always choose “Credit Card.” You agree that any charges will be taken from your checking account and commissions applicable not be billed to your trading activity can you on a revolving charge basis. If you choose “Debit Card” when making a purchase, you agree to pay a $1.50 usage fee to us. If you use an ATM not owned by Legacy, you acknowledge that you may be found on our Website.
12.2 Where you hold charged a Transaction that exposes you to fee by the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your AccountATM operator or any network used. You should contact us further acknowledge that you may be charged a fee for details of dividend cash adjustments a balance inquiry even if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Websitecomplete a fund transfer.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 2 contracts
Sources: Deposit Agreement, Deposit Agreement
Fees and Charges. 12.1 Details 7.1. In addition to the interest payments, fees and/or other charges which I am liable for pursuant to the provisions of all chargesthe Trading Agreement, spreads I also agree to pay and commissions applicable authorise AIBB to your trading activity can debit my Trading Account with the following fees :-
a) All Online Service, subscription and use fees as may at any time and from time to time be found on our Websiteprescribed by AIBB, wherein the said fees are payable monthly in advance (or at such other time(s) or in such other manner as may be stipulated by AIBB), and are non-refundable;
b) All taxes and licence fees payable for the use of the Online Service, if any; and/or
c) Any other reasonable fees and charges imposed by AIBB from time to time for services and facilities (whether part of the Online Service or otherwise) rendered to me.
12.2 Where you hold a Transaction 7.2. I understand and agree that exposes you these fees and interest on all outstanding sums at such rate and manner of calculation as AIBB shall notify me (by whichever of the modes as provided for in clause 11.2 hereof as deemed appropriate by AIBB), and legal fees and other expenses incurred by AIBB in the enforcement of AIBB’s rights and entitlement under this Online Facilities Agreement and the recoveries of the monies owed by me to the payment of a dividend, we AIBB may be charged by AIBB and shall be entitled payable by me immediately upon demand.
7.3. I agree that the fee for the Online Service shall be RM50.00 per month, provided always that AIBB may at its sole and absolute discretion increase, reduce, waive (in whole or part) or otherwise howsoever vary the Online Service fee or any other fee or rate of such fees and subscription, or impose additional fees or charges at any time and from time to make a reasonable dividend cash adjustment time with or without notice to your Accountme, and I understand that the waiver or reduction of any such fee at any time shall not preclude or restrict AIBB from charging the full fee in the future.
7.4. You should contact us for details of dividend cash adjustments if you are unsure I agree that the fees and charges in respect of the impact that this will have on your Account. Information is also available on our Website. Transactions may Online Service shall be subject, depending upon recoverable by AIBB from me in the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect same manner as other monies due and owing from me and as provided for in the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Trading Agreement.
12.5 Unless we 7.5. I agree otherwiseto pay all costs (including solicitor’s fees), if any, incurred by AIBB in collecting any overdue fee from me. I hereby grant AIBB a continuing security interest and/or lien on the Securities and/or assets belonging to me in all sums due my accounts with AIBB in order to secure the timely payment of all fees owed by me for the Online Service and any other amounts owing under this Online Facilities Agreement are due immediately and that AIBB shall be at liberty to use or dispose of these Securities or assets in whatever manner and upon such terms and conditions as AIBB deems fit to secure the conclusion full payment of a Transactionsuch overdue fees.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 2 contracts
Sources: Online Facilities Agreement, Online Facilities Agreement
Fees and Charges. 12.1 Details a. All Our fees and charges are detailed in Annex “A” of this Agreement. Other than the fees and charges listed in Annex “A”, and those published on Our website as set out in the following paragraph, We will not charge the Cardmember and/or the Company any additional fees.
b. If We increase any of Our fees and charges, We will give the Company at least 60 calendar days’ notice by publishing an updated list of fees and charges on Our website and by sending the Company an email to the email address disclosed Us. If We decrease any of Our fees and charges, We may not give the Cardmember and/or the Company any notice. An updated list of fees and charges shall be maintained on Our website.
c. Cash Withdrawal fees will be debited to the Account at the time of posting of the Cash Withdrawal Transaction(s).
d. We may charge the Cardmember and/or the Company a fee to cover Our investigation costs for any disputed Transactions as specified in Annex “A”. However, if Our investigations show that the disputed Transaction was not performed by the Cardmember, We will refund this fee.
e. The Cardmember and/or the Company shall pay the total amount of all outstanding dues, including but not limited to any fees and charges, spreads described as the Current Balance specified in the Statement, such charges to be due in full and commissions applicable to your trading activity can be found payable not later than the Payment Due Date specified on our Websitethe Statement.
12.2 f. Where you hold the Current Balance on the Corporate Card is not paid in full by the Payment Due Date, the Company and/or Cardmember automatically request Us to purchase Commodities from a Transaction that exposes you commodity supplier of Our choice for a value equal to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure outstanding amount of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short PositionCurrent Balance, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
purchase those same Commodities (a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payableowned by Us), where through the Transaction is:
(i) a SellTawarruq Transactions Agent, and appointed through the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this accompanying Tawarruq Transactions Agent Nomination Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon g. The Tawarruq Transactions Agent shall purchase the conclusion Commodities on the Company/Cardmember’s behalf at a price approximately equal to the unpaid Current Balance with the addition of a Transactionprofit margin calculated using the Murabaha Margin.
12.6 You h. The Commodities the Company/Cardmember purchase from Us shall be sold by the Tawarruq Transactions Agent to a third party broker.
i. The Company/Cardmember agrees to repay the amount owned to Us in one instalment, before the next Payment Due Date.
j. We will maintain records of each Tawarruq Transaction for audit purposes to ensure compliance with the procedures approved by Our Sharia’ Board.
k. We will effect Tawarruq Transactions in respect of the unpaid amount of the Current Balance on the Account as of the Payment Due Date for each subsequent month, unless the Account is sooner suspended or terminated either by the Company or by Us.
l. A Murabaha Margin will be liable charged to the Account at the rate specified in Annex “A” for all taxes, fees and assessments for any Transaction you complete the portion of the Current Balance on the Trading Platform, now or Account that is not paid by the Payment Due Date and in the future. You will reimburse us if we pay any applicable taxes on your behalfrespect of which a Tawarruq Transaction is effected as set out in this Clause 6.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 m. We may charge you a Cardmember and/or the Company a Collection Fee at the rate specified in Annex “A” if the Card is overdue for Market Data three (3) months or any other ancillary services we make available to youmore.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 2 contracts
Sources: Card Member Agreement – Corporate Cards, Card Member Agreement – Corporate Cards
Fees and Charges. 12.1 When you open and close a Transaction, our spread (on both the open and the close) includes our charges for trading with us. Details of all charges, spreads and commissions applicable to your trading activity charges can be found in our Key Information Documents, which are available on our Website.
12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subjectsubject to either hourly or daily, depending upon the underlying Instrumentinstrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position position (in relation to the margin utilised). The Financing Cost is calculated on a per Position position basis and may be a charge or a credit, depending on whether the Position position is a buy/long Position position or a sell/short Positionposition, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:: 1 This feature is available on fxTrade platform only. The level of the GSLO fee depends on the instrument traded and the order size. The fee will be quoted before you place an order.
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in any of your Account Accounts (or sub-accounts) to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data market data or any other ancillary services we make available to you.
12.10 12.8 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 12.9 If there are no Transactions on your Account for a period of at least 12 twelve (12) months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 2 contracts
Sources: Terms of Business, Terms of Business
Fees and Charges. 12.1 Details of all charges, spreads and commissions applicable to your trading activity can be found The administrative fee ("ADMIN FEE") set forth in the Agreement is a one–time non–refundable fee payable by Occupant on our Website.
12.2 Where you hold a or before the Transaction that exposes you to Date with the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure first installment of the impact that this will have on your AccountMonthly Rent. Information is also In addition to any fees and charges set forth in the Agreement or otherwise available on our Website. Transactions may be subjectto Owner at law or in equity, depending upon Occupant shall pay the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed outfollowing additional charges and/or fees as applicable:
(aA) you Any installment of Monthly Rent which is not received by Owner within five (5) days of the Due Date shall be assessed a Late fee ("LATE FEE") of $20.00 or 20% of room rate (whichever is greater).
(B) In the event Occupant is in default under the Agreement and Owner, if permitted by law, proceeds with an auction of Occupant's Personal Property, Occupant shall pay an auction fee ("LIEN SALE FEE") in the amount of $90.00, in addition to all other reasonable costs of sale. The sale/auction fee will have be due whether or not the auction is held.
(C) NSF FEE $35.00 (for insufficient check funds or refused credit)
(D) DUMPSTER FEE $50.00 (unauthorized use of dumpsters)
(E) CLEANING FEE $50.00 (unclean unit upon vacate)
(F) LOCK CUT FEE $30.00 (for cutting lock when Occupant cannot access unit)
(G) Overlock will not be removed, nor will access to the facility be granted, unless all rental, late fees and administrative and other charges are paid current. Receipt of NSF check will require all future payments by money order, bank check or credit card. The Owner and Occupant agree that the rent, fees, and charges set forth above shall constitute Owner's liquidated damages for Occupant's failure to pay monthly rent when due under the Difference (this is the Difference in price between the opening of a Transaction Agreement and the closing of a TransactionOwner's efforts to recover such rents, plus or minus any Premium payable), where the Transaction is:
(i) a Sellfees, and charges due and that such amounts due do not constitute a penalty. By signing below, the closing price parties acknowledge and agree that it is impossible to determine, with certainty, in advance, the actual costs and expenses Owner would incur as a result of Occupant's late payment of rent. The parties desire to estimate such damages in order to provide Occupant with reasonable certainty as to the Transaction is higher than extent of Occupant's liability in the opening price event of Occupant's late payment of rent. The undersigned agree that the Transaction; or
(ii) a Buystated amounts are reasonable, just, and fair and that such an estimate is necessary due to the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Selldifficulty, inconvenience, expense, and the closing price uncertainty of the Transaction is lower than the opening price of the Transaction; or
(ii) ascertaining damages in advance for a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments default due to you such amounts as are required to be deducted in accordance with Applicable Lawlate payment of rent.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 2 contracts
Sources: Self Storage Rental Agreement, Self Storage Rental Agreement
Fees and Charges. 12.1 Details of all charges15.1 The Fees List sets out the fees you must pay to us to load your Account, spreads to convert currency and commissions to make Transactions. The fees we charge are set out in the Fees List, except card order, maintenance, and express delivery service fees, include any applicable to your trading activity can be found on our Websitevalue added tax.
12.2 Where 15.2 If you hold have a Transaction that exposes you Card, the fees charged for the use the Card are separate from and in addition to the payment fees for the use of a dividendthe Services.
15.3 We deduct any conversion charges and fees for loading funds onto your Account from the amount you want to load. This means the amount we load may be less than the amount you transfer to us.
15.4 Once you have loaded funds onto your Account, we shall be entitled when you instruct us to make a reasonable dividend cash adjustment Transaction we will transfer the full amount you instruct us to your transfer and deduct any fees from the balance on the Account. You should contact us for details of dividend cash adjustments if If there are insufficient funds in the Account to make the payment and pay any fees related to it, we will not make the payment and will not deduct the fee. We will tell you are unsure of that we have not made the impact that this will have on your Account. Information is also available on our Website. Transactions payment and why.
15.5 We may be subject, depending upon change the underlying Instrument, fees we charge from time to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (time in relation to the margin utilised)accordance with paragraph 36. The Financing Cost is calculated new fees will be shown on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration Fees List from the impact of our admin feedate they are in effect. Further information on Financing Costs and funding rates is available on our Website. Financing Costs We recommend you check the Fees List each time you use the Services.
15.6 We do not apply have to ‘Swap Free’ accountsprovide any Services at the wrong Reference Exchange Rate, further information available on if the Websiteerror is obvious and clear from the market.
12.3 When 15.7 Notwithstanding any other provision of these GTC, we may deduct from your Account all fees charged by us, any reversal amounts and any other amounts owed by you to us.
15.8 If a Transaction payment you make or receive into your Account takes place entirely in the EEA because the PSP of your recipient or payer is closed out:
(a) in the EEA, we will only accept SHA instructions, so that you will have to pay the Difference our charges (this is the Difference in price between the opening of a Transaction if any) and the closing of a Transaction, plus recipient or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price payer of the Transaction (where relevant) will pay the charges of its PSP. Where the PSP of your recipient or payer is higher than outside the opening price EEA, we may require that the charges for the Transaction are to be shared (SHA instruction) or to be fully allocated to either you (OUR instruction) or the recipient (BEN instruction). An OUR instruction means that you pay all the charges involved in a Transaction where you are the payer, including the charges of the recipient's PSP. We will provide you with information on the costs of an OUR instruction before you decide to carry out the relevant Transaction; or.
(ii) a Buy, and the closing price 15.9 Regardless of the Transaction is lower than type of instruction, you acknowledge that if we or the opening price PSP of your recipient or payer have to use third party PSPs, those PSPs may also deduct their own charges from the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price amount of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 1 contract
Sources: General Terms and Conditions
Fees and Charges. 12.1 Details a. All Our fees and charges are detailed in Annex “A” of this Agreement. Other than the fees and charges listed in Annex “A”, and those published on Our website as set out in the following paragraph, We will not charge the Cardmember and/or the Company any additional fees.
b. If We increase any of Our fees and charges, We will give the Company at least 60 calendar days’ notice by publishing an updated list of fees and charges on Our website and by sending the Company an email to the email address disclosed Us. If We decrease any of Our fees and charges, We may not give the Cardmember and/or the Company any notice. An updated list of fees and charges shall be maintained on Our website.
c. Cash Withdrawal fees will be debited to the Account at the time of posting of the Cash Withdrawal Transaction(s).
d. We may charge the Cardmember and/or the Company a fee to cover Our investigation costs for any disputed Transactions as specified in Annex “A”. However, if Our investigations show that the disputed Transaction was not performed by the Cardmember, We will refund this fee.
e. The Cardmember and/or the Company shall pay the total amount of all outstanding dues, including but not limited to any fees and charges, spreads described as the Current Balance specified in the Statement, such charges to be due in full and commissions applicable to your trading activity can be found payable not later than the Payment Due Date specified on our Websitethe Statement.
12.2 f. Where you hold the Current Balance on the Corporate Card is not paid in full by the Payment Due Date, the Company and/or Cardmember automatically request Us to purchase Commodities from a Transaction that exposes you commodity supplier of Our choice for a value equal to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure outstanding amount of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short PositionCurrent Balance, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
purchase those same Commodities (a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payableowned by Us), where through the Transaction is:
(i) a SellTawarruq Transactions Agent, and appointed through the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this accompanying Tawarruq Transactions Agent Nomination Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon g. The Tawarruq Transactions Agent shall purchase the conclusion Commodities on the Company/Cardmember’s behalf at a price approximately equal to the unpaid Current Balance with the addition of a Transactionprofit margin calculated using the Murabaha Margin.
12.6 You h. The Commodities the Company/Cardmember purchase from Us shall be sold by the Tawarruq Transactions Agent to a third party broker.
i. The Company/Cardmember agrees to repay the amount owned to Us in one instalment, before the next Payment Due Date.
j. We will maintain records of each Tawarruq Transaction for audit purposes to ensure compliance with the procedures approved by Our Sharia’ Board.
k. We will effect Tawarruq Transactions in respect of the unpaid amount of the Current Balance on the Account as of the Payment Due Date for each subsequent month, unless the Account is sooner suspended or terminated either by the Company or by Us.
l. A Murabaha Margin will be liable charged to the Account at the rate specified in Annex “A” for all taxes, fees and assessments for any Transaction you complete the portion of the Current Balance on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but Account that is not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, the Payment Due Date and in respect of which will appear a Tawarruq Transaction is effected as an entry on your Account marked ‘tax-equivalent’, however, set out in this is not an actual tax charge as you will not own the underlying InstrumentClause 6.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 1 contract
Fees and Charges. 12.1 Details (a) You agree to pay us the fees and charges set forth in the Schedule of Fees and Charges. We may amend the Schedule of Fees and Charges not more frequently than once during any Renewal Term by giving written notice of such amendment to Merchant at least fifteen days prior to the effective date of such amendment. Notwithstanding the foregoing, we may amend the Schedule of Fees and Charges at any time during the term of this Agreement: (i) if Sales Drafts are not transmitted in accordance with the Electronic Format specified by us or, (ii) if your Annual Sales Volume or Average Ticket during any three consecutive months is less than that specified in the Schedule of Fees and Charges, or (iii) in order to pass through increased fees and charges incurred by us and imposed by Visa, MasterCard, a Participating Switch or Institution, or telecommunication vendors, or (iv) if your membership in the association or trade group specified in the Schedule of Fees and Charges is terminated.
(b) If the Schedule of Fees and Charges indicates that you will be charged a variable rate, the processing fee rate and per item fee will be determined by your Average Ticket. The Average Ticket will then be compared to the variable rate table set forth in the Schedule of Fees and Charges to determine the processing fee rate and per item fee for the Location for that month.
(c) Whether you are charged a fixed or variable rate processing fee, at the end of each calendar month, we will compute the applicable processing fee by first applying your processing rate for each Location to the dollar amount of all chargesSales Drafts from that Location presented to us for deposit, spreads and commissions applicable then multiplying the per item fee by the number of Sales Drafts received, and, lastly, adding together the resulting sums for the total amount of the processing fee due. Thereafter, without prior notice to your trading activity can be found on our Websiteyou, we may make sufficient withdrawals from the Settlement Account whether held by MNB or another financial institution to pay for the computed processing fee, together with all other fees, charges and adjustments then due under this Agreement.
12.2 Where you hold a Transaction that exposes you (d) Upon notice to the payment of a dividendyou, we shall be entitled to make deduct the applicable processing fee and other fees and charges then due from each Sales Draft Transmittal when presented to us.
(e) You agree to reimburse us for any fines imposed on us by Visa, MasterCard, Diners Club, and/or a reasonable dividend cash adjustment Participating Switch or Institution, if such fines have been imposed because of your failure to your Accountadhere to the written procedures and requirements of this Agreement or those provided to you in the Merchant Guide or Operating Rules. You should may contact us for details a list of dividend cash adjustments if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions potential fines because changes in such fines may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis frequent and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of beyond our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the futurecontrol. You will reimburse us if we pay any applicable taxes on your behalfnot receive notice of such changes.
12.7 You will be liable for all taxes(f) If the Schedule of Fees and Charges indicates a minimum monthly processing charge, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable you agree to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax pay us that charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month when your total fixed or variable rate processing fees for that month are less than the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Websiteminimum monthly processing charge.
Appears in 1 contract
Fees and Charges. 12.1 Details We do not charge any fees for the delivery of all chargesyour card and for the use of your card. All fees and charges are deducted, spreads and commissions applicable unless otherwise stated, from the balance on your card. CHARGE FEE Cancellation Fee Up to £2.00, if not cancelled within fourteen (14) days upon receipt of your trading activity can be found card. If there are not sufficient funds on our Website.
12.2 Where you hold a Transaction that exposes you the card to the payment of a dividendcharge this fee, we shall will cancel your card and there will be entitled no balance to make a reasonable dividend cash adjustment to your Accountredeem. You should contact us for details of dividend cash adjustments if you are unsure Replacement Card Fee 10% of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, includingoriginal card load, but not limited tomore than £10.00, dividend equivalent cash payments.
12.8 You will be liable to cover unless otherwise advised by us at the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this time. If there is not an actual tax sufficient balance on the card to charge as this fee, we may not be able to issue you will a replacement card; unless you wish to pay by other means. This fee does not own apply when the underlying Instrument.
12.9 We may charge card was found faulty outside your control. Dormancy Fee Up to £2.00 per month, charged respectively: • If you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on do not use your Account card for a period of six (6) consecutive months, charged until the card is being used again, the card balance reaches zero (0) or until expiry of your card, whichever comes first (this applies when you have already used your card) • If you have not used your card within the first twelve (12) months after the card was issued, charged until the balance on your card reaches zero (0) or until you redeem the remaining balance; Administration Fee Up to £ 2.00, unless otherwise advised by us at the time, charged: • Monthly, when you have not redeemed the balance remaining on your card within the first twelve (12) months after this agreement ended. This fee is charged until the balance on your card reaches zero (0) or until you redeem the remaining balance; • Each time you instruct a retailer or us to voluntarily revoke a previous authorised transaction, at least 12 months, your Account may be subject one (1) full business day before the transaction was due to take place; When a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result transaction you make results in a negative balance on your Accountcard and each time thereafter that you try to use your card. Further information on inactivity fees Investigation Fee Up to £20.00 for each disputed transaction that we have investigated and which was found to be authorised by you or someone with your consent. The maximum Investigation Fee that you will be charged is available on our Website£50.
Appears in 1 contract
Sources: Card Terms
Fees and Charges. 12.1 Details A. The User will be charged the Standard Transport Fee in accordance with the prevailing rates at the time the Participating Driver has accepted his/her Order;
B. The prevailing rates are indicated in the rates section of all the Software and/or in Sukimove Deliveries Inc.’ website;
C. The fees and charges for the delivery of the Shipment will be determined in accordance with specified maximum weight, size and quantity of the Shipment, the delivery vehicle used and the add-on services, if any and/or as needed;
D. An adjustment of the rates, including additional charges, spreads and commissions applicable to your trading activity can be found on our Website.
12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments applied if you are unsure the weight, size or quantity of the impact that this will have on your Account. Information Shipment the User declared is also available on our Website. Transactions may be subjectdifferent from the actual weight, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price size and/or quantity of the Transaction is higher than the opening price of the Transaction; orsaid Shipment;
(ii) a BuyE. Additional charges, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, includingsuch as, but not limited to, dividend equivalent cash payments.Toll and/or Parking Fees and such other fees and expenses, which are necessary, related and/or incidental to effect the delivery of the Shipment to the recipient and/or the return of the Shipment to the User shall be charged to his/her account and is not included in the fees and charges indicated in the Order;
12.8 You F. In the event that the Shipment is not accepted and/or refused to be accepted by the recipient of the Shipment and/or any of his/her representative/s, any and all expenses for the return to the Shipment back to you shall be charged to the User;
G. Cancellation of an Order made before the start of the pick-up time shall be free of charge. However, the User shall be charged the full amount as indicated in the Order if he/she cancelled the Order once the pick-up time has started;
H. If the User is using his/her Your Wallet, the final adjusted rates and additional charges shall be deducted from his/her Your Wallet. If an Order is cancelled before the start of the pick-up time, Sukimove Deliveries Inc. will automatically return the amount debited from his/her Your Wallet; a
I. Sukimove Deliveries Inc., for the performance of the Services, shall be entitled to a percentage in the total fees and charges due for an Order;
▇. ▇▇▇▇ transaction will be liable to cover the cost of any taxes paid by liquidity providers with regards the User to share CFDsthe Participating driver personally;
K. All non-cash transaction, which pre-paid and/or in-app paid Orders, will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own be charged/ deducted thru the underlying Instrument.User’s Wallet; and
12.9 We may charge you for Market Data or any other ancillary L. The Participating Driver has the duty to ensure all services we make available to you.
12.10 We may deduct from any payments due to you such amounts as and transactions are required to be deducted performed in accordance with Applicable Lawthis Contract and any and all monetary disputes shall be handled by Sukimove Deliveries Inc. to ensure proper handling.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 1 contract
Fees and Charges. 12.1 (1) When you open and close a Spread Transaction, the difference between our bid and offer prices is referred to as our Spread and is a combination of the Market Spread (where there is an Underlying Market) and our Spread Charge {being our charge to you). Unless we notify you otherwise, you will not be charged any commission on Spread Transactions. Details of all charges, spreads and commissions applicable to your trading activity can these Charges may be found in the Product Specifications section of our website or may be obtained from one of our employees on our Websiterequest.
12.2 Where (2) When you hold open and close a Transaction Commission Transaction, you will pay us commission that exposes you to the payment of is calculated as a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure percentage of the impact that this will have notional value of the opening or closing Transaction (as applicable) or as an amount per equivalent Instrument or Instruments on your Account. Information is also available the Underlying Market or on our Website. Transactions any other basis determined by us and explicitly accepted by you when you enter open and close a Commission Transaction.
(3) In addition to Commission and Spread, other applicable Charges may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (exist in relation to opening a n d closing Transactions with us depending on the margin utilised)Instrument and the Underlying Market. Certain types of Transactions will be subject to a daily funding charge. Details of these Charges may be found in the Product Specifications or be obtained from one of our employees on request. Any charge will be your responsibility and where appropriate will be deducted from your account.
(4) In the event that there is no trading activity in the account for a 12 month period, there will be a dormant account administrative fee charged. The Financing Cost is calculated on a per Position basis and may fee will be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply equal to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price 10 units of the Transaction account denominated currency. Furthermore, if the account balance is higher than zero or run into deficit after deducting the opening price of charged fee, the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you account will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds be subjected to closure in your Account to settle your payment obligations under accordance with this Agreement.
12.5 Unless we agree otherwise(5) You must pay, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxesor reimburse, fees and assessments us for any Transaction you complete on the Trading PlatformTaxes applicable, now or in the future. You will reimburse us if we pay , to your Transactions or on any applicable taxes on your behalfCommission, Spread or Charges payable by you pursuant to this Agreement.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 (6) We may charge you for Market Data the provision by us to you of market data or any other ancillary services account feature or such other Charges as we make available advise you from time to time.
(7) We retain the right to amend all fees and charges including but not limited to Commission, Spread or Charges in our absolute discretion without prior notice to you. It is your responsibility to find out the latest fees and charges before entering the Transaction with us and we will treat your entry into a Transaction as explicit consent to the fees and charges imposed.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 1 contract
Sources: Customer Agreement
Fees and Charges. 12.1 Details We do not charge any fees for the delivery of all chargesyour card and for the use of your card. All fees and charges are deducted, spreads and commissions applicable unless otherwise stated, from the balance on your card. CHARGE FEE Redemption fee Up to your trading activity can be found £10.00. If there are not sufficient funds on our Website.
12.2 Where you hold a Transaction that exposes you the card to the payment of a dividendcharge this fee, we shall will cancel your card and there will be entitled no balance to make a reasonable dividend cash adjustment redeem. Cancellation Fee Up to £2.00, if not cancelled within fourteen (14) days upon receipt of your Accountcard. You should contact us for details of dividend cash adjustments if you If there are unsure not sufficient funds on the card to charge this fee, we will cancel your card and there will be no balance to redeem. Replacement Card Fee 10% of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position (in relation to the margin utilised). The Financing Cost is calculated on a per Position basis and may be a charge or a credit, depending on whether the Position is a buy/long Position or a sell/short Position, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, includingoriginal card load, but not limited tomore than £10.00, dividend equivalent cash payments.
12.8 You will be liable to cover unless otherwise advised by us at the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this time. If there is not an actual tax sufficient balance on the card to charge as this fee, we may not be able to issue you will a replacement card; unless you wish to pay by other means. This fee does not own apply when the underlying Instrument.
12.9 We may charge card was found faulty outside your control. Dormancy Fee Up to £2.00 per month, charged respectively: • If you for Market Data or any other ancillary services we make available to you.
12.10 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 If there are no Transactions on do not use your Account card for a period of six (6) consecutive months, charged until the card is being used again, the card balance reaches zero (0) or until expiry of your card, whichever comes first (this applies when you have already used your card) • If you have not used your card within the first twelve (12) months after the card was issued, charged until the balance on your card reaches zero (0) or until you redeem the remaining balance; Administration Fee Up to £ 2.00, unless otherwise advised by us at the time, charged: • Monthly, when you have not redeemed the balance remaining on your card within the first twelve (12) months after this agreement ended. This fee is charged until the balance on your card reaches zero (0) or until you redeem the remaining balance; • Each time you instruct a retailer or us to voluntarily revoke a previous authorised transaction, at least 12 months, your Account may be subject one (1) full business day before the transaction was due to take place; When a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result transaction you make results in a negative balance on your Accountcard and each time thereafter that you try to use your card. Further information on inactivity fees Investigation Fee Up to £20.00 for each disputed transaction that we have investigated and which was found to be authorised by you or someone with your consent. The maximum Investigation Fee that you will be charged is available on our Website£50.
Appears in 1 contract
Sources: Card Terms
Fees and Charges. 12.1 When you open and close a Transaction, our spread (on both the open and the close) includes our charges for trading with us. Details of all charges, spreads and commissions applicable to your trading activity charges can be found on our Website.
12.2 Where you hold a Transaction that exposes you to the payment of a dividend, we shall be entitled to make a reasonable dividend cash adjustment to your Account. You should contact us for details of dividend cash adjustments if you are unsure of the impact that this will have on your Account. Information is also available on our Website. Transactions may be subject, depending upon the underlying Instrumentinstrument, to a “Financing Charge” or “Financing Credit”, to reflect the cost of funding your Position position (in relation to the margin utilised). The Financing Cost is calculated on a per Position position basis and may be a charge or a credit, depending on whether the Position position is a buy/long Position position or a sell/short Positionposition, and after also taking into consideration the impact of our admin fee. Further information on Financing Costs and funding rates is available on our Website. Financing Costs do not apply to ‘Swap Free’ accounts, further information available on the Website.
12.3 When a Transaction is closed out:
(a) you will have to pay the Difference (this is the Difference in price between the opening of a Transaction and the closing of a Transaction, plus or minus any Premium payable), where the Transaction is:
(i) a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction; and
(b) you will receive the Difference where the Transaction is:
(i) a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or
(ii) a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction.
12.4 We may use (and/or transfer) any funds in your Account to settle your payment obligations under this Agreement.
12.5 Unless we agree otherwise, all sums due under this Agreement are due immediately upon the conclusion of a Transaction.
12.6 You will be liable for all taxes, fees and assessments for any Transaction you complete on the Trading Platform, now or in the future. You will reimburse us if we pay any applicable taxes on your behalf.
12.7 You will be liable for all taxes, fees and assessments associated with share CFD Positions, including, but not limited to, dividend equivalent cash payments.
12.8 You will be liable to cover the cost of any taxes paid by liquidity providers with regards to share CFDs, which will appear as an entry on your Account marked ‘tax-equivalent’, however, this is not an actual tax charge as you will not own the underlying Instrument.
12.9 We may charge you for Market Data market data or any other ancillary services we make available to you.
12.10 12.8 We may deduct from any payments due to you such amounts as are required to be deducted in accordance with Applicable Law.
12.11 12.9 If there are no Transactions on your Account for a period of at least 12 months, your Account may be subject to a monthly inactivity fee for each month the Account remains inactive. The levying of an inactivity fee will not result in a negative balance on your Account. Further information on inactivity fees is available on our Website.
Appears in 1 contract
Sources: Retail Clients Terms of Business