Common use of Manual Foreign Currency: Money Market Fund Clause in Contracts

Manual Foreign Currency: Money Market Fund. Subject to what option is available to Client (as visible on the WebTrader), for Foreign Currency for which a Money Market Fund is listed in the document Investment Funds in the Investment Services Information, Client may instruct DEGIRO through WebTrader not to provide the service AutoFX. Client is then able to buy and sell units in the respective Money Market Fund and money in such Foreign Currency, that XXXXXX receives for the account of Client, will automatically be invested for the account of Client in the applicable Money Market Fund under the continuing Order given by Client. It is then the responsibility of Client to timely have available sufficient balance in the Money Market Fund 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 of money to the Reference Account are only possible in the Local Currency.

Appears in 7 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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