SRS Account definition

SRS Account means an account opened with an SRS operator by an SRS member;
SRS Account means an account opened by an investor with an SRS Operator for the purposes of investment under the SRS.
SRS Account means an account with OCBC opened by an Account Holder who wishes to make contributions under the Scheme.

Examples of SRS Account in a sentence

  • OCBC may (but is not obliged to) make any payment on the Account Holder’s behalf in connection with any corporate actions and if OCBC does not receive sufficient funds by the due date or within the time required for settlement to meet any shortfall in the SRS Account, OCBC shall have the right to sell or liquidate the SRS Investments at such price(s) in such quantities as OCBC may determine to reimburse itself for monies owing to it under the SRS Account.

  • The Account Holder shall forthwith upon purchase, transfer or cause all securities held in the SRS Account (“SRS Securities”) to be transferred to and registered in the name of OCBC’s appointed nominee.

  • The Account Holder may, by giving not less than one month’s notice in writing to OCBC, request OCBC to transfer the investments and any cash balance in the SRS Account to another Operator.

  • The proceeds of any entitlement in respect of any SRS Securities received by OCBC will be credited to the SRS Account within 4 Business Days after OCBC receives the same.

  • The SRS Account with OCBC will be deemed closed upon effective completion of the transfer subject to the payment of all OCBC Expenses.


More Definitions of SRS Account

SRS Account means the account referred to by the Ministry of Finance of Singapore and the Inland Revenue Authority of Singapore as the Supplementary Retirement Scheme account from which monies may be withdrawn for the purpose of investments under the SRS; and
SRS Account means an account opened by an investor pursuant to the SRS with an SRS Bank.
SRS Account refers to an account opened with an Operator by the Policyholder who wishes to make contributions under the Scheme and from which the Single Premium was paid.
SRS Account refers to an account established w ith an Operator by the Policyholder w ho w ishes to make contributions under the Scheme and from w hich the single premium w as paid.
SRS Account means an account opened by an investor with a participating branch of a designated SRS Operator for the purpose of an investment under the SRS.
SRS Account means the account opened by an applicant with a SRS operator for the purpose of investment under the SRS.
SRS Account means the account opened by the Customer under the SRS Scheme with the SRS Operator; and