Common use of Islamic/Swap – free accounts Clause in Contracts

Islamic/Swap – free accounts. 72.1 We offer the option of opening Islamic (Swap-free) accounts with us. Swap-free trading accounts are only available to those customers who, due to their religious beliefs, can not use swaps. Therefore, in all cases where an application is filed with us for an Islamic (Swap-free) account, we reserve the right to require adequate justification for and/or proof of the necessity or need for any such conversion. In addition, we reserve the right, for any reason whatsoever, to refuse to process any such request, without being obliged to provide any explanation or justification.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

Islamic/Swap – free accounts. 72.1 We offer the option of opening Islamic (Swap-free) accounts with us. Swap-free trading accounts are only available to those customers who, due to their religious beliefs, can cannot use swaps. Therefore, in all cases where an application is filed with us for an Islamic (Swap-free) account, we reserve the right to require adequate justification for and/or proof of the necessity or need for any such conversion. In addition, we reserve the right, for any reason whatsoever, to refuse to process any such request, without being obliged to provide any explanation or justification.

Appears in 1 contract

Samples: Client Agreement

Islamic/Swap – free accounts. 72.1 67.1 We offer the option of opening possibility to open Islamic (Swap-free) accounts Accounts with us. Swap-free trading accounts are available only available to those customers who, due clients who cannot use swaps owing to their religious beliefs, can not use swaps. ThereforeAccordingly, in all cases instances where an application is filed with us a request for an Islamic (Swap-free) accountAccount is filed with us, we reserve the right to require an adequate justification for and/or proof of the necessity or need for of any such conversion. In additionFurthermore, we reserve the right, right to refuse the processing of any such request for any reason whatsoever, to refuse to process any such request, without being obliged to provide any explanation or justification.

Appears in 1 contract

Samples: tradecmx.com

AutoNDA by SimpleDocs

Islamic/Swap – free accounts. 72.1 63.1 We offer the option of opening possibility to open Islamic (Swap-free) accounts Accounts with us. Swap-free Islamic trading accounts are available only available to those customers who, due who cannot use swaps owing to their religious beliefs, can not use swaps. ThereforeAccordingly, in all cases instances where a request for an application Islamic Account is filed with us for an Islamic (Swap-free) accountus, we reserve the right to require an adequate justification for and/or proof of the necessity or need for of any such conversion. In additionFurthermore, we reserve the right, right to refuse the processing of any such request for any reason whatsoever, to refuse to process any such request, without being obliged to provide any explanation or justification.

Appears in 1 contract

Samples: Customer Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.