Renminbi Account definition

Renminbi Account means, the Renminbi Account maintained by the Customer with the Bank;
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Renminbi Account means a sub-account of an Account denominated in Renminbi. 「風險披露聲明書」指本條款與條件附件1所附之風險披露聲明書及警告聲明書，以及我們不時提供之其他風險披露聲明書及警告聲明書。
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Renminbi Account means a BOCC account, such as a savings account or a term deposit account, denominated in Renminbi (“RMB”), the currency of the People’s Republic of China;
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Examples of Renminbi Account in a sentence

  • The Client acknowledges and agrees that the Renminbi Account and related foreign exchange and fund transfer are subject to the foreign exchange control restriction and other relevant regulations of the People’s Republic of China.

  • The Renminbi Account is interest bearing and interest will credited into the RMB Account on a monthly basis.

  • In withdrawing funds from a Renminbi Account, BOCC shall pay to the Client the equivalent Canadian dollars or U.S. dollars at the Client’s choice, by converting RMB at the prevailing foreign exchange rate applicable to RMB quoted by BOCC from time to time.

  • The Operating Guidelines and the Renminbi Account Terms form an integral part of this Agreement and shall be read as one document.

  • Participant shall open the Renminbi Account with the Clearing Bank upon the execution of this Agreement.

  • The client acknowledges and agrees that the Renminbi Account and related foreign exchange and fund transfer are subject to the foreign exchange control restriction and other relevant regulations of the People’s Republic of China.

  • The operation of the Renminbi Account is subject to the Renminbi Account Terms.

  • Participant must maintain a Renminbi Account with the Clearing Bank at all times prior to the termination of this Agreement for the purposes of clearing and settlement hereunder.

  • The Services provided by Clearing Bank to the Participant shall be subject to the Operating Guidelines and the operation of the Renminbi Account shall be subject to the Renminbi Account Terms.

  • The operation of the Renminbi Account shall be subject to the Renminbi Account Terms.


More Definitions of Renminbi Account

Renminbi Account means the Renminbi clearing and settlement account opened and maintained by the Participant in its own name with the Clearing Bank for the purposes of these Terms and Conditions;
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Renminbi Account means the Renminbi clearing and settlement account opened and maintained by the Participant with the Clearing Bank for the purposes of this Agreement.
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Related to Renminbi Account

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Investment Account As defined in Section 3.12(a).

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • 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).

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.