Common use of Global Account Clause in Contracts

Global Account. The Global Account is a currency collection service where Airwallex will provide you with local bank account details in Supported Jurisdictions and Supported Currencies which you can provide to payers. A Global Account may be subject to Additional Terms for a Supported Jurisdiction. Subject to any Additional Terms, such bank account shall be opened in the name of Airwallex and any funds received into such account are received by Airwallex as your limited agent and you hereby appoint Airwallex as your agent for such purposes.

Appears in 12 contracts

Samples: Payout and Fx Terms, Payout and Fx Terms, Payout and Fx Terms

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