Fiat Currency Deposits and Withdrawals. (A) Trust Company shall not accept, for the benefit of Client, Fiat Currency deposits from third parties. Fiat Currency deposits shall only be accepted from banks that have been approved through Trust Company’s BSA/AML program and are in the name of an individual or an institution named on the Custodial Account. This prohibition may be modified by mutual written agreement of Client and Trust Company in order to accommodate Client’s receipt of deposits from its subscribers and may be subject to additional terms, conditions, and fees.
Fiat Currency Deposits and Withdrawals. SAFE shall only accept, for the benefit of Client, Fiat Currency deposits from Client and not from third- parties. Fiat Currency deposits shall only be accepted from banks or credit unions that have been approved through SAFE’s BSA/AML program and are in the name of an individual or an institution named on the Custodial Account. This prohibition may be modified by mutual written agreement of Client and SAFE in order to accommodate Client’s receipt of deposits from its customers and subscribers and may be subject to additional terms, conditions, and fees. Fiat Currency withdrawals are only permitted to credit union and bank accounts that have been approved through SAFE’s BSA/AML program and are in the name of an individual or an institution named on the recipient’s account.
