Common use of Manual Foreign Currency: Foreign Currency Cash Account Clause in Contracts

Manual Foreign Currency: Foreign Currency Cash Account. Subject to what option is available to Client (as visible on the WebTrader), if a Foreign Currency Cash Account is available to Client, Client may instruct DEGIRO through WebTrader not to provide the service AutoFX. Client is then able to buy and sell money in such Foreign Currency to use for securities transactions (e.g. placing of Orders). Client may have more than one Foreign Currency Cash Account in different Foreign Currency (subject to what is available to Client, as visible on the WebTrader) but only one Foreign Currency Cash Account in a specific Foreign Currency. Any Foreign Currency not used on a Trading Day will be transferred automatically by DEGIRO to the relevant Foreign Currency Cash Account. If client makes use of the Foreign Currency Cash Account, it is the responsibility of Client to timely have available sufficient balance in the Foreign Currency Cash Account in the required Foreign Currency or credit space under an Appendix Debit Money in order to fulfil its payment obligations in such Foreign Currency. Withdrawals to the Reference Account are only possible in Local Currency from the Local Currency Cash Account. Please note that any Foreign Currency Cash Account(s) will operate under the conditions of article 6.6.2 above – in case of conflict the rules of this article 6.7.4 shall take precedence.