Operating Your Account. We, the Retailer and other organisations as set out above may process, record, analyse, exchange and use your Personal Information to:
a) operate and manage your Account and other related facilities;
b) carry out statistical analysis and to check details on applications made by you and others for credit and credit related accounts and facilities;
c) making credit and insurance assessments;
d) develop and improve products, to form a view of you as an individual and to identify or design products and offers (including products offered by others) that might interest you;
e) carry out market research and business analysis;
f) carry out audits;
g) perform other administrative and operational purposes, including the testing of systems;
h) trace debtors;
i) recover debt;
j) to check details of job applicants and employees; and/or
k) perform any other reasonable purpose notified to you from time to time.
Operating Your Account. Base Currency, Deposits, Payments and Withdrawals
10.1 You agree to comply with the following when making payments to us under the Account Agreement:
(i) all payments to us (including deposits) are to be made in immediately available funds and to such account as is designated by us; all payments to us (including deposits) are to be made in a currency which is a Base Currency, unless we otherwise agree in writing or we request that you make a payment to us in a currency other than a Base Currency; all payment to us must be made without set-off or counterclaim and without deduction. If you are compelled to withhold or make any deduction, you shall pay additional amounts to ensure receipt by us of the full amount which we would have received but for such withholding or deduction. If you fail to meet your obligations you agree that you are accountable for any resulting expenses and Loss suffered by us; you may make any payment to us (including deposits) by crossed cheque, or bank wire or any other method specified by us; we do not accept payments or deposits in the form of cash except under exceptional circumstances and subject always to compliance with Applicable Law; you are responsible for all third party electronic, telegraphic transfer or other bank fees in respect of payment as well as any fees or charges imposed by us, which may be based on the elected payment method; if any payment is not received by us on the date such payment is due, then (without limitation of any other rights we may have) we will be entitled to charge interest on the overdue amount (both before and after judgement) at an interest rate of LIBOR+4% from the date payment was due until the actual date of payment. For this purpose, we will determine LIBOR, in our sole and absolute discretion, in accordance with prevailing money market conditions; any payment made to us will only be deemed to have been received when we receive cleared funds; and you bear the responsibility to ensure that payments made to us are correctly designated in all respects including, without limitation, your Account details where required by us.
10.2 You may request a withdrawal or transfer of funds from your Account where the balance of your Account is positive. We may at our sole and absolute discretion withhold, deduct or refuse to make a payment (in whole or in part) where:
(a) you have Open Positions on the Account showing a Loss;
(b) the requested payment would reduce your Account balance to less than the a...
Operating Your Account. 4.1 Processing times and general conditions about payments
4.2 Payments into your account (lodgements) Cash lodgements Cheque lodgements Debit card lodgements Other lodgements (electronic payments) Bank Name Progressive Building Society Address 00/00 Xxxxxxxxxx Xxxxx, Xxxxxxx, XX0 0XX Sort Code 237448 Account Number 00000000 Payment Reference This is your Progressive account number which
4.3 Payments out of your account (withdrawals) Cash withdrawals Cheque withdrawals CHAPS payments
4.4 Payments to and from your account (to be read in conjunction with your particular account terms and conditions and the Summary Box) Cheque lodgement into your account N/A Transaction cannot be cancelled. Close of business (5pm Monday to Friday and 12pm Saturday). Funds will show in your account on the day of lodgement. You can withdraw the funds 6 banking days after the lodgement date. Refer to the account Summary Box leaflet for individual account limits. Cash lodgement into your account N/A Transaction cannot be cancelled. Close of business (5pm Monday to Friday and 12pm Saturday). Funds will show in your account on the day of lodgement. You can withdraw the funds immediately. £15 maximum in coins. Refer to the account Summary Box leaflet for individual account limits. Debit card lodgement into your account Use of correct pin with debit card. Transaction cannot be cancelled. Close of business (5pm Monday to Friday and 12pm Saturday). Funds will show in your account on the day of lodgement. You can withdraw the funds 2 banking days after the lodgement date. Refer to the account Summary Box leaflet for individual account limits. Electronic transfer (via Direct Credit into your account) N/A N/A 3.30pm Monday to Friday. Funds will show in your account on the day we receive it from the sender’s bank. You can withdraw the funds once they show in your account. Refer to the account Summary Box leaflet for individual account limits. Electronic transfer (via CHAPS into your account) N/A N/A N/A Funds will show in your account on the day we receive it from the paying bank. You can withdraw the funds once they show in your account. Refer to the account Summary Box leaflet for individual account limits. Electronic transfer (via Faster Payment into your account) N/A N/A No restrictions except those imposed by sender’s bank. Funds are credited to an account at 10am and 3pm Monday to Friday, depending on the time the payment is received from the sender’s bank. Funds will show in the ac...
Operating Your Account. (a) You may pay into your Fast Access Account by Direct Debit, cheque, standing order and CHAPS. Withdrawals of cleared funds may only be made from your Fast Access Account to your Personal Bank Account by BACS or CHAPS; alternatively, we can issue you with a cheque. You will not be issued with a chequebook.
(b) If you pay a cheque into your Fast Access Account, please make the cheque payable to yourself.
(c) If you wish to make a BACS or CHAPs payment, please wait for us to confirm that your Fast Access Account is open and then contact us.
(d) To pay into your Fast Access Account by Direct Debit, you must complete a Direct Debit form. It may take up to 14 Working Days to put a Direct Debit in place.
(e) The balance shown on your Fast Access Account may include cheques and other items which have not yet been cleared. We may refuse to allow you to draw against these items. If an uncleared item is returned unpaid, it will be removed from your Fast Access Account together with any interest we may have credited in relation to it. You may incur a charge if removing the item puts your Fast Access Account into overdraft and interest may be charged on the amount by which you are overdrawn.
(f) Automated withdrawals from your Fast Access Account will normally be deducted at the beginning of the Working Day on which they are due. Deposits paid into your Fast Access Account on the day an automated withdrawal is expected may not be made available to meet that withdrawal.
(g) Your Fast Access Account will be in sterling.
(h) Since 1 October 2014, transfers of money from your Fast Access Account into Premium Investments haven’t been allowed.
Operating Your Account.
6.1 Charges and fees you pay You agree to pay the charges and fees and receive the benefits set out in this Agreement.
6.2 Overnight Financing for Share and Index CFDs
(a) Your account will be debited an amount equal to the Financing Charge and credited an amount equal to the Financing Benefit for long and short positions respectively held overnight in Share, Index CFDs.
(b) The Financing Charge or Financing Benefit is calculated according to the following formula: F = V x i / b where F means the daily Financing Charge V means the value of equivalent holding of the underlying Share CFD or Index CFD i means the applicable Financing Rate; and b refers to the day basis for currency (365 for GBP and XXX, 000 for all other currencies)
6.3 Interest paid to you If the balance of an Account held by an Australian resident for tax purposes exceeds the Interest Qualification level (as detailed in the PDS) then we will pay interest on such balance, after all respective margins have been deducted, at such rate as we may determine from time to time. The rate of interest is available from us on request.
Operating Your Account. (a) You must conduct the Account in accordance with these Standard Loan Terms. (b)
Operating Your Account. 6.1 Charges and fees, you pay You agree to pay the charges and fees and receive the benefits set out in this Agreement.
6.2 Overnight Financing for Share and Index CFDs
(a) If your account is an Interest-Bearing account, your account will be debited an amount equal to the Financing Charge and credited an amount equal to the Financing Benefit for long and short positions respectively held overnight in Share, Index CFDs.
(b) The Financing Charge or Financing Benefit of an Interest-Bearing account is calculated according to the following formula: F = V x I / b where F means the daily Financing Charge V means the value of equivalent holding of the underlying Share CFD or Index CFD I means the applicable Financing Rate; and b refers to the day basis for currency (365 for GBP and XXX, 000 for all other currencies)
6.3 Interest paid to you If the balance of an Interest-Bearing account held by an Australian resident for tax purposes exceeds the Interest Qualification level (as detailed in the PDS) then we will pay interest on such balance, after all respective margins have been deducted, at such rate as we may determine from time to time. The rate of interest is available from us on request.
Operating Your Account. 6.1. Charges and fees, you pay You agree to pay the charges and fees and receive the benefits set out in this Agreement.
6.2. Overnight Financing for Share and Index CFDs
(a) If your account is an Interest-Bearing account, your account will be debited an amount equal to the Financing Charge and credited an amount equal to the Financing Benefit for long and short posi�ons respec�vely held overnight in Share, Index CFDs.
(b) The Financing Charge or Financing Benefit of an Interest-Bearing account is calculated according to the following formula: F = V x I � b where • F means the daily Financing Charge • V means the value of equivalent holding of the underlying Share CFD or Index CFD I means the applicable Financing Rate; and • b refers to the day basis for currency (365 for GBP and USD, 360 for all other currencies)
Operating Your Account. 5.1 We reserve the right to refuse to open an Account, or block your Account, where we suspect that an unauthorised person has logged into and is using your Account or where we suspect illegal or fraudulent activity on your Account.
5.2 We also may de-activate your Account or limit your use of the Platform if we find that you have violated or are violating the terms of this Agreement or engaging in any of the prohibited uses set out below at clause 8.1.
5.3 We may undertake due diligence on Users, and monitoring of Users’ transactions, as we consider necessary or appropriate from time to time, including for the purposes of identification and verification of the User and compliance by us with any applicable anti- money laundering or counter-terrorism obligations.
Operating Your Account. 6.1 CHARGES AND FEES YOU PAY ....................................................................................................................... 8 6.2 INTEREST ................................................................................................................................................... ......... 8 6.3 COMMISSIONS ................................................................................................................................................... . 9
