Designated Client Account definition

Designated Client Account means an account into which funds held by you on behalf of a named client are paid. Electronic Payments are Faster Payments, CHAPS, International Payments (SWIFT and SEPA) and any other form of electronic payment we may add in the future. Insolvent means You (or any other person) take (or threaten to take) any step in connection with:
Designated Client Account means an account into which funds held by you on behalf of a named client are paid. Electronic Payments are Faster Payments, CHAPS, International Payments (SWIFT and SEPA) and any other form of electronic payment we may add in the future. Key Facts Document or any replacement document is a document that details key information in relation to your specific product, including any Specific Conditions that apply.
Designated Client Account means any account held by Bank of Scotland in the name of the Account Holder and which is designated as holding funds beneficially owned by one or more Clients who are named or otherwise identified in the title of that account;

Examples of Designated Client Account in a sentence

  • Account means an account open in your name which holds funds for the benefit of a Client (and includes a Designated Client Account and an Undesignated Client Account).

  • Account Opening Form means the form (which forms part of The Agreement) which must be completed and signed by or on behalf of you to open a Designated Client Account or an Undesignated Client Account (being in the form set out in the Application Form for these Product & Services Terms & Conditions (as amended by us from time to time).


More Definitions of Designated Client Account

Designated Client Account means a client bank account designated to hold money belonging to one specific client;
Designated Client Account means a bank account established and maintained by Us with an FCA authorised bank for the sole purpose of safeguarding funds held on behalf of Our clients which is held separately from any other funds held by Us and as to which no person, including Us shall have any right over or interest in such client funds except to the extent permitted in Condition 4.8.
Designated Client Account means an Account which is designated as holding client money beneficially owned by one or more of your clients, where the Account name includes the name or identity of those client(s).
Designated Client Account means an account into which funds held by you on behalf of a named client are paid. Key Facts Document is a document that details key information in relation to your specific product, including any Specific Conditions that apply.
Designated Client Account means any account held by us in your name and which is designated as holding funds beneficially owned by one or more clients who are named or otherwise identified in the title of that account; ‘General Client Account’ means an account held by us in your name and which is designated as holding funds beneficially owned by one or more clients who are not named or otherwise identified in the title of that account. ‘we’, ‘our’, ‘us’ or ‘ourselves’ means Coutts & Co; ‘Working Weekday’ means any day between Monday and
Designated Client Account means any account held by us in your name and which is designated as holding funds beneficially owned by one or more clients who are named or otherwise identified in the title of that account; ‘General Client Account’ means an account held by us in your name and which is designated as holding funds beneficially owned by one or more clients who are not named or otherwise identified in the title of that account; ‘Reference Exchange Rate’ means the Bank's prevailing exchange rate as determined by reference to the market rates made available by service providers such as Reuters and Bloomberg. Indicative Reference Exchange Rates

Related to Designated Client Account

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Concentration Account has the meaning provided in Section 6.13(c).