METHOD OF SENDING Sample Clauses

METHOD OF SENDING. Each communication to be made hereunder shall be made in writing but, unless otherwise stated, may be made by facsimile transmission or by telex or by letter.

METHOD OF SENDING and receiving orders 1.18. Orders for the purchase, sale, subscription, transfer, repayment, posting or deposit of shares and investments in mutual funds, and orders to set up and cancel deposits in euros or foreign currency to fulfill the recommendations issued in accordance with this agreement, will be sent by the CLIENT in writing or using digital means, telephone, fax or similar methods that the parties agree, with the necessary clarity and precision, expressly including the following information at least: • Details of the type of share or mutual funds, or amount or maturity of deposits, as applicable. • Number of securities or cash. • Type of transaction ordered. • Order validity period (if any). Orders sent by the CLIENT will be executed by the BANK within the periods specified therein and as quickly as possible. VERSION 2/2016 WITH XXXXX XX UPDATE AND OTHERS 1.19. In the case of orders by telephone and using digital means, the CLIENT authorizes the BANK to record the conversations and keep the appropriate records. In the case of transmission of orders by telematic means, these communications shall comply with the technical specifications established between the parties, which may be considered as an electronic signature to all effects. Recordings can be used as evidence to solve any disputes between the parties in relation to this agreement. The CLIENT will be entitled to request from the BANK a copy of all conversations, whether telephone or electronic communications, made for a maximum period of 5 years or, when requested by the competent authority, for a period of up to 7 years. In any case, the CLIENT's orders and instructions must be clear and precise. The BANK will only accept these orders if the person who gives them provides his/her full identity to the BANK's satisfaction. The BANK reserves the right to stop executing telephone instructions until written confirmation is received from the CLIENT, provided this is expressly requested at the time the telephone orders are sent. 1.20. Orders sent by the CLIENT will be understood to be definite. Notwithstanding the above, the CLIENT can cancel or change the orders, informing the BANK sufficiently in advance so that they can be executed in accordance with the new instruction received. The BANK will inform the CLIENT that the order has been accepted, as well as that it has been canceled or changed, as applicable.