Onboarding Fee definition
Examples of Onboarding Fee in a sentence
In the affirmative, Finductive will then commence its client onboarding process with the Applicant, subject to an Onboarding Fee (as further described in Clause 5.1 below) which will become due by the Applicant to Finductive.
In the event that the Applicant successfully completes the Onboarding Process and signs the Contract, a Payment Account is opened in the Account Holder’s name, upon which time the Onboarding Fee becomes due and must be settled prior to activation of the Payment Account.
Instructions of how to settle such Onboarding Fee will be given to the Applicant via e-mail.
Following the Preliminary Checks and payment of the Onboarding Fee by the Applicant, the Applicant will be required to fill in the Application Form provided by Finductive.
In the event that the Applicant successfully completes the Onboarding Process and a Payment Account is opened in the Account Holder’s name, the remaining of the Onboarding Fee becomes due and must be settled prior to activation of the Payment Account.