Withdrawals from the Account. 12.1 For all withdrawals of funds from the Account, the Customer may make a verbal request, which the Customer understands will be recorded under FSL's telephone recording system, or in writing, signed and sent to FSL. FSL shall only comply with such withdrawal Instruction if there are sufficient available funds in the Account, less all amounts which FSL is entitled to deduct therefrom under any provision of this Agreement. If the Customer accesses the Electronic Trading Service, the Customer may also complete an on-line funds withdrawal form accessible through FSL Mail. FSL shall either issue a cheque payable to the Customer or transfer the funds to the Customer's bank account specified by the Customer on the Client Information Statement or in such manner as may be agreed from time to time. The Customer shall be responsible for any bank charges incurred. As a security measure, unless otherwise instructed by the Customer and agreed with FSL, FSL will not accept any Instruction for issue of a cheque, or for transfer of funds to a bank account, in the name of a third party. The Customer acknowledges the risk associated with verbal Instructions given under this Clause and the indemnity under Clause 34 of this Section I.
Appears in 3 contracts
Samples: Trading Agreement, Trading Agreement, Trading Agreement
Withdrawals from the Account. 12.1 For all withdrawals of funds from the Account, the Customer may make a verbal request, which the Customer understands will be recorded under FSL's MSL’s telephone recording system, or in writing, signed and sent to FSLMSL. FSL MSL shall only comply with such withdrawal Instruction if there are sufficient available funds in the Account, less all amounts which FSL MSL is entitled to deduct therefrom under any provision of this Agreement. If the Customer accesses the Electronic Trading Service, the Customer may also complete an on-line funds withdrawal form accessible through FSL MSL Mail. FSL MSL shall either issue a cheque payable to the Customer or transfer the funds to the Customer's ’s bank account specified by the Customer on the Client Information Statement or in such manner as may be agreed from time to time. The Customer shall be responsible for any bank charges incurred. As a security measure, unless otherwise instructed by the Customer and agreed with FSLMSL, FSL MSL will not accept any Instruction for issue of a cheque, or for transfer of funds to a bank account, in the name of a third party. The Customer acknowledges the risk associated with verbal Instructions given under this Clause and the indemnity under Clause 34 of this Section I.
Appears in 2 contracts
Samples: Trading Agreement, www.masonsec.com
Withdrawals from the Account. 12.1 For all withdrawals of funds from the Account, the Customer may make a verbal request, which the Customer understands will be recorded under FSL's MSL’s telephone recording system, or in writing, signed and sent to FSLMSL. FSL MSL shall only comply with such withdrawal Instruction if there are sufficient available funds in the Account, less all amounts which FSL MSL is entitled to deduct therefrom under any 9 provision of this Agreement. If the Customer accesses the Electronic Trading Service, the Customer may also complete an on-line funds withdrawal form accessible through FSL MSL Mail. FSL MSL shall either issue a cheque payable to the Customer or transfer the funds to the Customer's ’s bank account specified by the Customer on the Client Information Statement or in such manner as may be agreed from time to time. The Customer shall be responsible for any bank charges incurred. As a security measure, unless otherwise instructed by the Customer and agreed with FSLMSL, FSL MSL will not accept any Instruction for issue of a cheque, or for transfer of funds to a bank account, in the name of a third party. The Customer acknowledges the risk associated with verbal Instructions given under this Clause and the indemnity under Clause 34 of this Section I.
Appears in 1 contract
Samples: 059148201042.ctinets.com