Individual Clients Clause Samples
Individual Clients. For private individual Clients, we will only accept Orders placed or instructions given by the Client, unless the Client has a Joint Account with us, in which case the provisions relating to Joint Accounts at clause 10 will apply. The following provisions of this clause 9 will apply to corporate Clients only.
Individual Clients i. If the Client is a foreigner residing in the Kingdom of Saudi Arabia, the Client hereby warrants and undertakes:
1. That his right to invest in Securities in the Kingdom is associated with providing his residence permit (Iqama) to ENBD Capital KSA, and that ENBD Capital KSA will freeze the Account if he does not update the Account’s information or does not provide ENBD Capital KSA with his/her residence permit (Iqama) after its renewal.
2. To provide ENBD Capital KSA with his/her renewed residence permit (Iqama) upon its expiry, or when ENBD Capital KSA requests an update of the Account’s information.
3. That ENBD Capital KSA has the right to liquidate the Securities in the Portfolio linked to the Account, transfer its cash to the Client’s bank account linked to the Account, and then close the Account, if the Account was frozen for more than (12) months.
ii. If the Client is a blind or illiterate person, the Client hereby warrants and undertakes that he has understood the terms and conditions related to the Services, and that such Services are provided to the Client based on his desire, choice and awareness of the risks associated with using such Services, and that the Client is legally responsible of all transactions executed through such Services.
iii. If the Client is under the age of 18 Hijri calendar years, the Client’s custodian or guardian shall bear all legal responsibilities by operating the Client’s under the age of 18 Hijri calendar years Account.
iv. If the Client is an incapacitated person, the Client’s custodian or guardian shall bear all legal responsibilities by operating the incapacitated Client’s Account.
Individual Clients. □ Recent Photographs (signedacross) □ Pan Proof (Photo pan card only) □ Bank Account Proof □ Depository Account Proof (if Depository Account details are given in application form or in case of securities transfer) □ Address Proof □ Photocopy of cheque (s)/ demand draft/ TIFDs for the application amount
Individual Clients. 14.1 We are obliged by law to inform you that if you are individual receiving services in a personal capacity and we have not met you, the Consumer Protection (Distance Selling) Regulations 2000 allow you to cancel your instructions within 14 days of the date of our engagement. This is without prejudice to your rights to terminate our engagement at any time by written notice, described below.
Individual Clients. Notwithstanding any of the
Individual Clients. □ Recent Photographs (signedacross) □ Pan Proof (Photo pan card only) □ Bank Account Proof □ Depository Account Proof (if Depository Account details are given in application form or in case of securities transfer) □ Address Proof □ Photocopy of cheque (s)/ demand draft/ TIFDs for the application amount B. HUF □ Pan Proof (PAN card of HUF and Photo PAN card of Karta of the HUF) □ List of co-parceners/ Deed of declaration of HUF. □ Bank passbook/bank statement in the name of HUF. □ Depository Account Proof (if Depository Account details are given in application form or in case of securities transfer) □ Address proof of the HUF. □ Photocopy of cheque (s)/ demand draft/ TIFDs for the application amount □ Photograph, POI, POA of Karta of the HUF.
Individual Clients. No-show clients will be rescheduled subsequent to their calling to reschedule; appointments will not be for the following week. If an individual cancels 3 consecutive weeks in a row they will be referred out or put back onto the waiting list. 6-month program - 2 changes 12-month program - 4 changes