Cleared Funds means the proceeds of cheque deposits to your account, once the cheque is cleared, cash deposits and direct credits.

Cleared Funds means money credited to your Account after it has been through the relevant money transmission and clearing system, providing this is not recalled in accordance with the rules of that money transmission and clearing system.

Cleared Funds means a balance in an Account that is able to be withdrawn or used. Until funds are ‘cleared’ they are considered to be pending.

Examples of Cleared Funds in a sentence

The Customer shall pay to Firma in Cleared Funds the Settlement Amount, prior to the Value Date.
If Firma requires the Customer to provide a Margin, the Customer must provide the Margin or additional Margin, as applicable, in Cleared Funds by 16:00 hours Local Time on the next Business Day following the date on which the request was made.
Following Firma’s receipt of Cleared Funds from the Customer for the Settlement Amount, the currency purchased shall be sent to the Beneficiary by such payment method designated by Firma, in its discretion.
You must repay the amounts in full and your repayments must be paid as Cleared Funds.
If any return payment is returned to the Deposit Account Agent as undeliverable, Deposit Account Agent will immediately notify Intermediary and obtain updated return payment instructions from Intermediary, or (at the election of Intermediary) return such Subscriber’s Cleared Funds by check payable to the Subscriber and mailed to an address designated in the Offering report.

More Definitions of Cleared Funds

Cleared Funds has the meaning in clause 10.1.

Cleared Funds means funds that: (i) when received by Firma are not subject to any security interests, encumbrances, statutory deemed trusts or other third party interests or claims of any kind;(ii) which are not subject to chargeback through applicable clearing rules, or otherwise; (iii) are freely transferable; and(iv) are guaranteed, meaning that Firma can immediately draw upon the funds.

Cleared Funds means the amount of funds that have been deposited or credited to your Account, for the purpose of maintaining open Positions, or any other permissible purpose.

Cleared Funds means cash or EFT transfer only;

Cleared Funds means funds deposited into or standing to the credit of an Account that we have received full and final payment that cannot be reversed or cancelled;

Cleared Funds means the amount of funds that have been deposited or credited to your Account, for the purposes maintaining open Position(s), or for any other purpose.