Common use of Wire Transfers Clause in Contracts

Wire Transfers. When depositing by a Bank Transfer, as required by anti-money-laundering regulations, you are required to use only one bank account, which is in your country of residence and in your name. An authentic SWIFT confirmation or Transfer Confirmation, showing the origin of the funds, must be sent to Company. Failure to submit such SWIFT/Confirmation may result in the return of the deposited amount, hence preventing the deposit of such pending amounts to your company account. Any withdrawal of funds, from Company account to a bank account, can only be refunded to the same bank account that the funds were originally received from.

Wire Transfers. When depositing by a Bank Transfer, as required by anti-money-laundering regulations, you are the Client is required to use only one bank account, which is in your his/her country of residence and in your his/her name. An authentic SWIFT confirmation or Transfer Confirmation, showing the origin of the funds, must be sent to the Company. Failure to submit such SWIFT/Confirmation may result in the return of the deposited amount, ; hence preventing the deposit of such pending amounts to your company the Client’s trading account. Any withdrawal of funds, from Company the Client’s trading account to a bank account, can only be refunded to the same bank account that the funds were originally received from.

Wire Transfers. When depositing by a Bank Transfer, as required by anti-anti money-laundering regulations, you are required to use only one bank account, which is in your country of residence and in your name. An authentic SWIFT confirmation or Transfer Confirmation, showing the origin of the funds, must be sent to Company. Failure to submit such SWIFT/Confirmation may result in the return of the deposited amount, hence preventing the deposit of such pending amounts to your company account. Any withdrawal of funds, from Company account to a bank account, can only be refunded to the same bank account that the funds were originally received from.