Correspondent Agent means anyone who acts as the Company’s agent in effecting Transactions or clearing the same in Hong Kong or elsewhere, including any member of an Exchange or Clearing House;
Correspondent Agent means any member or participant of an Exchange and/or Clearing House of which WLSL may not be a member or participant who, as WLSL’x xxxnt, enters into a Transaction on such Exchange and/or clears the same, as the case may be;
Examples of Correspondent Agent in a sentence
A reasonable charge will be deducted from the remitted sum by Correspondent Agent prior to making payment to the beneficiary.
No undertaking or warranty is given as to when Correspondent Agent will pay the remitted amount to the beneficiary under a remittance.
We give no warrant as to the solvency of the Correspondent Agent and shall not be liable to any loss or damages suffered or sustained by you arising out of the insolvency of the Correspondent Agent.