Client Bank Account definition

Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Client Bank Account means any segregated bank account maintained by the Company for the only purpose of concentrating and holding the Client’s Money. Clients’ deposits and withdrawals should be only directed to/be processed from the Client Bank Account.

Client Bank Account means an account at an approved bank which –

Examples of Client Bank Account in a sentence

• Xplor will be under no obligation to make any changes to the Client Bank Account until Client has provided Xplor with all information Xplor requires in order to complete its anti-money laundering and sanctions Applicable Laws in respect of such change.

• Client authorises Xplor to debit the Client Bank Account for all Xplor Payments, will establish and maintain a direct debit mandate (or equivalent instruction), authorising Xplor to debit from the Client Bank Account all Xplor Payments and will ensure that the Client Bank Account at all times has a credit balance sufficient to meet the Xplor Payments.

• Client will provide Xplor with at least 30 days’ notice in writing of any change to the Client Bank Account (other than general administrative changes) which it or a third party (including the relevant bank) wishes to make.

More Definitions of Client Bank Account

Client Bank Account means the cash account maintained by the Custodian with a reputable credit institution designated as a client bank account with trust status identified as the bank account into which all Subscriptions must be paid.

Client Bank Account means an account held by a licensed fiduciary at an approved bank which holds, or is intended to hold, money on behalf of one or more clients;

Client Bank Account means one or more bank accounts opened, maintained and operated by the Portfolio Manager for the purpose of managing funds on behalf of the Client with any Scheduled Commercial Bank.

Client Bank Account means a client bank account as defined in Article 120 of the Permit Conditions Order;

Client Bank Account means an account at a bank or credit institution, in which we hold money belonging to you and other clients of Hargreaves Lansdown;

Client Bank Account means any bank account maintained by the Company, or other parties designated for this purpose by the Company, for the purpose of concentrating and holding the Client’s Money. Clients’ deposits and withdrawals should be only directed to/be processed from the Client Bank Account.

Client Bank Account means a segregated bank account for protecting funds paid by the Charterer, payable to you as per this Agreement and the applicable Charter Contract. No interest will accrue on funds in a Client Bank Account;