Common use of Safeguarding of Client Money Clause in Contracts

Safeguarding of Client Money. 19.1. The Company will place any Client money it receives into one or more segregated account(s) with reliable Financial Institutions. It is understood that the Company may keep merchant accounts in its name, as the operator, or in the name of another company, acting as a merchant, whose details are found on the preamble of this Agreement, with payment services providers used to settle payment transactions of its clients.

Safeguarding of Client Money. 19.1. The Company will place any Client money it receives into one or more segregated account(s) with account(s)with reliable Financial Institutions. It is understood that the Company may keep merchant accounts in its name, as the operator, or in the name of another company, acting as a merchant, whose details are found on the preamble of this Agreement, with payment services providers used to settle payment transactions of its clientsClients.

Safeguarding of Client Money. 19.1. The Company will place any Client money it receives into one or more segregated account(s) with reliable Financial Institutions. It is understood that the Company may keep merchant accounts in its name, as the operator, or in the name of another company, acting as a merchant, whose details are found on the preamble of this Agreement, with payment services providers used to settle payment transactions of its clientsClients.

Safeguarding of Client Money. 19.11.1. The Company will place any Client money it receives into one or more segregated account(s) with reliable Financial Institutions. It is understood that the Company may keep merchant accounts in its name, as the operator, or in the name of another company, acting as a merchant, whose details are found on the preamble of this Agreement, with payment services providers used to settle payment transactions of its clientsClients.

Safeguarding of Client Money. 19.1. 21.1 The Company will promptly place any Client money it receives into one or more segregated account(s) (denoted as ‘clients’ accounts’) with reliable Financial Institutions. It is understood that the Company may keep merchant accounts in its name, as the operator, or in the name of another company, acting as a merchant, whose details are found on the preamble of this Agreement, with payment services providers used to settle payment transactions of its clients.financial institutions such