Examples of Point of Acceptance in a sentence
A day which is a public and /or bank Holiday at an Investor Service Centre/Official Point of Acceptance where the application is received;v.
The MFU portal i.e. www.mfuonline.com will be considered as Official Point of Acceptance for such transactions.
An applicant wanting to transact through a power of attorney must lodge the photocopy of the Power of Attorney (PoA) attested by a Notary Public or the original PoA (which will be returned after verification) within 30 days of submitting the Purchase Application Form / Transaction Slip at a Designated ISC / Official Point of Acceptance, or along with the application in case of application submitted duly signed by POA holder.
All trading members of ICEX and Mutual Fund Distributors, who are registered with Association of Mutual Funds in India (“AMFI”) as Mutual Fund Advisors/Distributors and empaneled with CRMF and permitted by ICEX to use its platform shall be eligible to offer purchase/redemption/Switch of units to the investors of the scheme/s through ICEX Platform in physical or non-demat mode only and it shall be treated as an Official Point of Acceptance.
For this purpose, all the Eligible DPs will be considered as the Official Point of Acceptance of Transaction (“OPAT”) for the redemptions done under this facility.