Withdrawals - Refunds Sample Clauses
Withdrawals - Refunds. 3.1 The Company shall proceed with execution of a Client’s withdrawal/refund request, upon receiving the said relevant withdrawal/refund request form from the Client, within five (5) working days. In order to enable the Company to proceed, the following conditions shall be met:
1. Withdrawal/refunds form shall be duly completed and signed by the Client
2. The account in receipt belongs to the Client
3. Client can withdraw/refund funds which are not used for margin covering and in case the available free margin exceeds the amount to be withdrawn including applicable withdrawal cost.
4. The instruction is to return the withdrawable/refundable amount to the originating venue/ remitter (i.e. funding account) from which the funds were initially deposited or in exceptional cases (i.e. if disputes arise) to a bank account belonging to the Client after providing relevant documentation verifying ownership of the bank account.
5. The Client’s Account has sufficient funds, and processing of a withdrawal request will not result in a Margin Call.
6. Client has successfully completed KYC and Due Diligence Process and has provided all required documentation
7. There is no Force Majeure event which prohibiting the Company from effecting the withdrawal/refund.
3.2 The Company shall process the request as per the time period specified on the Company’s website, taking into consideration that the aforementioned conditions are fully met. Transfer of withdrawn/refunded funds to the Client’s personal bank account might be delayed due to the Client’s Bank Account provider. The Company shall not be held accountable for the period of funds’ transfer. Withdrawal/refund requests to anonymous accounts are prohibited.
3.3 In order to secure the identity of the Client, the Company must receive sufficient information about the transfer from the sending bank to make a certain identification of which Client and which account the funds shall be registered on. Therefore, the Client understands and accepts that the Company shall credit the Account only when all details of the transfer are clarified, and therefore there is no certainty the Account shall be credited immediately upon the Client’s transfers order to the relevant bank.
3.4 Withdrawal fees may apply. Client shall refer to the Company’s website for information on the applicable fees. Withdrawal and transfer fees of third parties will be paid exclusively by the Company, permitting the Company to debit the Client’s Account for the rel...
Withdrawals - Refunds. 3.1 The Company shall proceed with execution of a Client’s withdrawal/refund request, upon receiving the said relevant withdrawal/refund request form from the Client, within five (5) working days. In order to enable the Company to proceed, the following conditions shall be met:
1. Withdrawal/refunds form shall be duly completed and signed by the Client
2. The account in receipt belongs to the Client
3. Client can withdraw/refund funds which are not used for margin covering and in case the available free margin exceeds the amount to be withdrawn including applicable withdrawal cost.
4. The instruction is to return the withdrawable/refundable amount to the originating venue/ remitter (i.e. funding account) from which the funds were initially deposited or in exceptional cases (i.e. if disputes arise) to a bank account belonging to the Client after providing relevant documentation verifying ownership of the bank account.
5. The Client’s Account has sufficient funds, and processing of a withdrawal request will not result in a Margin Call.
6. Client has successfully completed KYC and Due Diligence Process and has provided all required documentation
7. There is no Force Majeure event which prohibiting the Company from effecting the withdrawal/refund.
Withdrawals - Refunds. Please understand that by enrolling your child, we plan for your child to attend school for the full academic year. If you place a spot deposit hold, you must withdraw your child by June 16, 2023. Withdrawal from the program after June 16 will be charged 1st months tuition ($375). If your child will not be able to complete a full academic year you must provide thirty (30) days written notice prior to withdrawal and one (1) month’s payment upon child’s actual withdrawal. A withdrawal after April 1 will require the May tuition payment. We do not provide make-up days or give refunds or make adjustments for absences, illness, vacations or holidays.