Incoming FedWires. For all incoming federal fund wires (“FedWires”), Pershing shall initially check relevant information, including the remitter’s name, address, and account number, and the originating bank’s name and address (to the extent provided on an incoming wire) to detect possible OFAC restrictions.
Appears in 4 contracts
Samples: Fully Disclosed Clearing Agreement (Gleacher & Company, Inc.), Fully Disclosed Clearing Agreement (Broadpoint Securities Group, Inc.), Fully Disclosed Clearing Agreement (Summit Financial Services Group Inc)
Incoming FedWires. For all incoming federal fund wires (“FedWires”), Pershing shall initially check relevant information, including the remitter’s name, address, and account number, and the originating bank’s name and address (to the extent provided on an incoming wire) to detect possible OFAC restrictions.. Pg. 9
Appears in 1 contract
Samples: Fully Disclosed Clearing Agreement
