Common use of TREATMENT OF FUNDS Clause in Contracts

TREATMENT OF FUNDS. 5.1 The financial services provider shall forthwith deposit all monies received, in connection with the management of investments, to the credit of the client into the clients: Account name: Name of bank: Bank account number: Bank account branch code: Any other banking details: 5.2 Cash accruals (including dividends and interest), which are not re-invested, that the financial services provider receives on behalf of the client shall be deposited by the financial services provider into the clients’ bank/investment account in terms of this mandate. 5.3 The financial services provider shall not receive any lump sum deposits or monies or cash in whatsoever form relevant to the investments. 5.4 Cash accruals, including interest that the client receives will be re-invested by the financial services provider on a limited discretionary basis in terms of this mandate, unless otherwise specifically indicated by the client.

TREATMENT OF FUNDS. 5.1 The financial services provider shall forthwith deposit all monies received, in connection with the management of investments, to the credit of the client into the clients: Account Bank account name: Name of bank: Bank account number: Bank account branch code: Any other banking details: 5.2 Cash accruals (including dividends and interest), which are not re-invested, that the financial services provider receives on behalf of the client shall be deposited by the financial services provider into the clients’ bank/investment account in terms of this mandate. 5.3 The financial services provider shall not receive any lump sum deposits or monies or cash in whatsoever form relevant to the investments. 5.4 Cash accruals, including interest that the client receives will be re-invested by the financial services provider on a limited discretionary basis in terms of this mandate, unless otherwise specifically indicated by the client.

TREATMENT OF FUNDS. 5.1 The financial services provider shall forthwith deposit all monies received, in connection with the management of investments, to the credit of the client into the clients: Account name: Name of bank: Bank account number: __ Bank account branch code: Any other banking details:: _ 5.2 Cash accruals (including dividends and interest), which are not re-invested, that the financial services provider receives on behalf of the client shall be deposited by the financial services provider into the clients’ bank/investment account in terms of this mandate. 5.3 The financial services provider shall not receive any lump sum deposits or monies or cash in whatsoever form relevant to the investments. 5.4 Cash accruals, including interest that the client receives will be re-invested by the financial services provider on a limited discretionary basis in terms of this mandate, unless otherwise specifically indicated by the client.