Safeguarded Account definition

Safeguarded Account means the bank account(s) belonging to us, which are separate to our own office bank accounts, into which we will receive money from you, or on your behalf, in return for the issuance of Electronic Money.
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Safeguarded Account means the bank account(s) belonging to Argentex, which are separate to our own office bank accounts, into which monies corresponding to Electronic Money are kept in accordance with the Electronic Money Regulations 2011.
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Safeguarded Account means the bank account(s) belonging to us, which are separate to our own bank accounts, into which we will receive money from you, or on your behalf, in return for the issuance of Electronic Money.
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Examples of Safeguarded Account in a sentence

  • This should be achieved by you sending us money in the correct currency to the Safeguarded Account, in which case we shall issue you with the appropriate amount of Electronic Money.

  • Argentex may retain any interest which accrues from funds held in any Safeguarded Account.

  • You may not get all your money back if the Safeguarded Account does not contain enough funds to meet any payouts or our safeguarding bank becomes insolvent.

  • In accordance with Clause 6.1, the Safeguarded Account shall be a designated segregated client account.

  • Where we receive money from you or on your behalf, this money will be held by us in the relevant Safeguarded Account in exchange for the issuance by us to you of e-money.

  • If for any reason beyond our reasonable control we are unable to process the Payment Order with two (2) Business Days (for instance, if the Payee’s bank account or payment service provider is not receiving payments for any reason), we will return the relevant funds to the account from which you sent them to the CurrencyWire Safeguarded Account.

  • This should be achieved by you sending us money in the correct currency to the Safeguarded Account, in which case we shall issue you with the appropriateamount of Electronic Money.

  • Such balances can also be utilised as BTC Deposit for your Flexible, or Fixed Term Cryptodraft “Better than a Loan” products.You are aware that Fiat Currency value representing Assets that You place or deposit on the Platform in a Wallet (and is not within the E-money Safeguarded Account within the Platform) is not E-money and therefore not safeguarded or protected under the Financial Services Compensation Scheme.

  • These indicators are linked to the above 6 key essential actions for Unscheduled Care.


More Definitions of Safeguarded Account

Safeguarded Account. This means that in the unlikely event of our insolvency, those funds are protected against claims by our creditors. Please note that the Financial Services Compensation Scheme does not apply to the NatWest Rooster Money Payment Service or your Parent Account.
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Safeguarded Account means the bank account(s) held by the customer accounts foundation of Argentex (Stichting Derdengelden Argentex), into which monies corresponding to Electronic Money are received from Clients and kept in
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Safeguarded Account means the segregated account(s) maintained by us with our safeguarding banks and which are separate to our own office bank accounts, into which we will receive money from you, or on your behalf, in return for the issuance of e-money. “Writing” includes emails. When we use the words “writing” or “written” in this Agreement, this includes emails.
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Safeguarded Account means the bank account(s) belonging to HCFX, which are separate to our own office bank accounts, where monies received by HCFX to be held on your behalf are safeguarded pending those monies becoming due to HCFX pursuant to a Transaction or being subject to a Payment Contract.
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Safeguarded Account means the bank account(s) belonging to HCFX, which are separate to our own office bank accounts, where monies received by HCFX to be held on your behalf are safeguarded when they are still held by HCFX at the end of the business day following receipt.
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Related to Safeguarded Account

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

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

  • 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).

  • Unallocated Account means the account maintained by us in your name on an Unallocated Basis pursuant to this agreement.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Excluded Accounts means (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) xxxxx cash accounts funded in the ordinary course of business, (d) escrow, fiduciary or trust accounts, (e) designated disbursement accounts and non-U.S. bank accounts and (f) the funds or other property held in or maintained in any such account identified in clauses (a) through (e).

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Control Account means a Securities Account or Commodity Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodity Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • 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.

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

  • Controlled Account means each deposit account and securities account that is subject to an account control agreement in form and substance satisfactory to the Administrative Agent and the L/C Issuer.

  • Compliance account means a NOx allowance tracking system account, established by the administrator for a NOx budget unit under rule 3745-14-06 of the Administrative Code in which the NOx allowance allocations for the unit are initially recorded and in which are held NOx allowances available for use by the unit for a control period for the purpose of meeting the unit's NOx budget emission limitation.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Trading Account means the unique personified registration system of all Completed Transactions, Open Positions, Orders and deposit/withdrawal transactions in the Trading Platform.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance reasonably satisfactory to the Administrative Agent.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Separate Accounts means the accounts which are to be prepared for each

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

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

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