Currency Account means the accounts in the name of the Issuer held with the Account Bank which shall comprise separate accounts denominated in the relevant currencies of Non-Euro Obligations, into which amounts received in respect of Non-Euro Obligations shall be paid and out of which amounts payable to a Currency Hedge Counterparty pursuant to any Currency Hedge Transaction shall be paid.
Currency Account means an Account offered by us which is denominated in a currency other than sterling as further described in term 2.15.
Currency Account means any account which may be required to be opened by the Issuer with the Account Bank from time to time to enable payments received from Non-Euro Portfolio Collateral which are not denominated in Euro to be paid prior to payments being made by the Issuer to the relevant Hedge Counterparty pursuant to an Asset Swap Transaction.
Examples of Currency Account in a sentence
Argentex will not process any transfer or payment to a Beneficiary from the Client’s Currency Account where this would place the account into a negative balance.
The Client must give the TPP consent to access the Currency Account and provide its services.
The Client may not pay money into a Currency Account, or make Payments from a Currency Account, in a currency other than one of the chosen currencies (except where the Client has entered into an FX Contract).
More Definitions of Currency Account
Currency Account means an account belonging to the Client and held with Argentex, where Electronic Money is stored in one or more currencies. A Currency Account may, on request, have a vIBAN associated with it.
Currency Account means an Account offered by us which is denominated in a currency other than sterling, as further described in Term 2.15.
Currency Account means your account which is linked to the Card for the settlement of Card Transactions in the specified currency.
Currency Account means an Account established within the Currency Fund for the Reset Rate Notes and further described in Section 4.09 hereof, including any subaccounts created therein.
Currency Account means the account under your Voima Account to which you can deposit Fiat Currency, from which you can withdraw Fiat Currency and that can be used to hold Fiat Currency as well as to make transactions to your Gold Account.
Currency Account means the account of the Issuer with the Account Bank denominated in the relevant currencies of Non-Euro Obligations (including, for the avoidance of doubt, Euro and Sterling accounts), into which amounts received in respect of Non-Euro Obligations shall be paid and out of which amounts payable to a Currency Hedge Counterparty pursuant to any Currency Hedge Transaction shall be paid.
Currency Account means the accounts in the name of the Issuer held with the Account Bank which shall comprise separate accounts denominated in the relevant currencies of Non-Euro Obligations.