Fiat Funds Sample Clauses

Fiat Funds. Where permitted under applicable laws, you can load Fiat Funds into your Account using your bank, credit card, or other forms of transaction supported by the Platform from time to time, provided that if you are a resident of the United Arab Emirates, you will not be able to deposit, hold, use or withdraw any Fiat Funds in or from your Account. Neither Trek Labs Ltd FZE nor Trek Labs, Inc. provides any services in Fiat Funds. Your fiat balance will not be credited to your Account until after the bank transfer has cleared, usually within three to five business days. The name on your linked bank account and your wire transfer must match the name verified on your Account. Your Fiat Funds are maintained in pooled custodial accounts at one or more third party financial institutions. Backpack Exchange will not use customer funds for its operating expenses or any other corporate purposes. Backpack Exchange’s proprietary funds will not be co-mingled with customer’s Fiat Funds.
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Related to Fiat Funds

  • Funds On sales of Class A shares and Class 529-A shares of Funds listed in Category 1 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid dealer concessions as follows: Less than $25,000 5.00% 5.75% $25,000 but less than $50,000 4.25% 5.00% $50,000 but less than $100,000 3.75% 4.50% $100,000 but less than $250,000 2.75% 3.50% $250,000 but less than $500,000 2.00% 2.50% $500,000 but less than $750,000 1.60% 2.00% $750,000 but less than $1,000,000 1.20% 1.50% $1,000,000 or more See below None

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