Common use of Making a Deposit Clause in Contracts

Making a Deposit. 7.1. You can only make one deposit into your account at the time we open it for you. You cannot make further deposits into your account, but you can open as many accounts as you like subject to the terms and conditions of those accounts. 7.2. You can make your deposit by wire transfer or alternatively by personal cheque, paid from a UK bank account in your name (your Nominated Account). 7.3. We will usually bank your cheque no later than the working day after we receive it. In common with standard UK cheque clearing cycles, your cheque will clear within six working days but you will start to earn interest sooner than this (see section 9). You can find out more information about cheque clearing cycles at xxx.xxxxxxxxxxxxxxx.xx.xx. 7.4. We do not accept deposits made by bankers draft or in cash. 7.5. The minimum and maximum allowable amounts that you may deposit are set out in the Product Literature. If you send us a cheque or an electronic funds transfer for an amount which is lower than our minimum allowable deposit or higher than our maximum allowable deposit we will return it to you without processing it and you will not earn any interest for the period we hold it. 7.6. If your application is made online and we have not received your funds within 10 working days, we will assume you no longer wish to proceed and we will cancel your application.

Making a Deposit. 7.1. You can only make one a single deposit or multiple deposits into your account at up to the time we open value of your application, however it for youis expected that where multiple deposits are sent, they will take place over consecutive days. You Once you have deposited your total application amount, you cannot make any further deposits into your account, but you . You can open as many accounts as you like subject to the terms and conditions of those accounts. 7.2. You can make your deposit by wire transfer or alternatively by personal cheque, paid from a UK bank account in your name (your Nominated Account). 7.3. We will usually bank your cheque no later than the one working day after we receive it. In common line with standard UK cheque clearing cycles, your cheque will clear within six working days but you 24 hours. You will start to earn interest sooner than this (see section 9)from the day that your cheque clears. You can find out more information about cheque clearing cycles at xxx.xxxxxxxxxxxxxxx.xx.xx.via the following link xxxxx://xxx.xxxxxxxx.xx/what-we-do/payment-systems/image-clearing-system/. 7.4. We do not accept deposits made by bankers draft or in cash. 7.5. The minimum and maximum allowable amounts that you may deposit are set out in the Product Literature. If you send us a cheque or an electronic funds transfer for an amount which is lower than our minimum allowable deposit or higher than our maximum allowable deposit deposit, we will return it to you without processing it and you will not earn any interest for the period we hold it. 7.6. If your application is made online and we have not received your funds within 10 working days, we will assume you no longer wish to proceed and we will cancel your application.

Making a Deposit. 7.1. You can only make one deposit into your account at the time we open it for you. You cannot make further deposits into your account, but you can open as many accounts as you like subject to the terms and conditions of those accounts. 7.2. You can make your deposit by wire transfer applying online or alternatively by personal cheque, paid from a UK bank account cheque drawn on your Nominated Account in your name (your Nominated Account)own name. 7.3. We will usually bank your cheque no later than the working day after we receive it. In common with standard UK cheque clearing cycles, your cheque will clear within six working days but you will start to earn interest sooner than this (see section 9). You can find out more information about cheque clearing cycles at xxx.xxxxxxxxxxxxxxx.xx.xx. 7.4. We W e do not accept deposits made by bankers draft or in cash. 7.5. The minimum and maximum allowable amounts that you may deposit are set out in the Product Literature. If you send us a cheque or an electronic funds transfer for an amount which is lower than our minimum allowable deposit or higher than our maximum allowable deposit we will return it to you without processing it and you will not earn any interest for the period we hold it. 7.6. If your application is made online and we have not received your funds within 10 working days, we will assume you no longer wish to proceed and we will cancel your application.