Common use of Local Currency Cash Account Clause in Contracts

Local Currency Cash Account. Under the option of the Local Currency Cash Account, Client shall transfer money in Local Currency directly from the Reference Account into the Local Currency Cash Account. When there is money received from a sales transaction (or otherwise), DEGIRO will transfer the money to the corresponding Cash Account. Client may have only one Local Currency Cash Account in the Local Currency. Client will be able to withdraw money from the Local Currency Cash Account to a bank account with the relevant bank, whereby Client will instruct such transfer via the WebTrader. The Client herewith agrees that such instruction will fall under the irrevocable power of attorney to DEGIRO to debit the Local Currency Cash Account for such purposes. More information about the Cash Accounts is available in the document Investment Services in the Investment Services Information and the Special Conditions Cash Account.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Local Currency Cash Account. Under the option of the Local Currency Cash Account, Client shall transfer money in Local Currency directly from the Reference Account into the Local Currency Cash Account. When there is money received from a sales transaction (or otherwise), DEGIRO will transfer the money to the corresponding Cash Account. Client may have only one Local Currency Cash Account in the Local Currency. Client will be able to withdraw money from the Local Currency Cash Account to a bank account with the relevant bank, whereby Client will instruct such transfer via the WebTrader. The Client herewith agrees that such instruction will fall under the irrevocable power of attorney to DEGIRO to debit the Local Currency Cash Account for such purposes. More information about the Cash Accounts is available in the document Investment Services in the Investment Services Information and the Special Conditions Cash Account.. Investment Services in the Investment Services

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Local Currency Cash Account. Under If the option of the Client has opened a Local Currency Cash Account, the Client shall transfer money in Local Currency directly from the Reference Account into the Local Currency Cash Account. When there is money received from a sales transaction (or otherwise), DEGIRO will transfer the money to the corresponding Cash Account. The Client may have only one Local Currency Cash Account in the Local Currency. The Client will be able to withdraw money from the Local Currency Cash Account to a bank account with the relevant bank, whereby Reference Account. The Client will instruct such transfer via the WebTraderTrading Platform. The By signing the Acceptance Form Investment Services, the Client herewith agrees that such instruction will fall under the irrevocable power of attorney to DEGIRO to debit the Local Currency Cash Account for such purposes. More information about the Cash Accounts is available in the document Investment Services in the Investment Services Information and the Special Conditions Cash Account.

Appears in 1 contract

Samples: Client Agreement

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