Direct Account definition

Direct Account. : means any Account which is not an ISA Account.
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Direct Account means an Account established directly with and through BNYM as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through BNYM.
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Direct Account means an account holding Fund shares established directly with and through PNC by a natural person as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through PNC.
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Examples of Direct Account in a sentence

  • You authorise the Plan Manager to provide HMRC with all relevant particulars of the Direct Account, ISA and its investments which HMRC may reasonably request at any time.

  • The Plan Manager will supply you annually with a report on the value of your Plan held through your ISA and/or your Direct Account.

  • Where Investments are held through a Direct Account, you may be subject, depending on your personal circumstances, to UK tax on any income received or any capital gain arising on disposal.

  • For Direct Account investments, when Investec Bank plc receives your investment, prior to the Start Date we will hold such monies as banker and not as trustee under the Client Money rules.

  • Where the Plans are held through a Direct Account your maturity return will be paid gross.


More Definitions of Direct Account

Direct Account means an Account established directly with and through DTI as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through DTI;
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Direct Account means any part of the FTSE 100 Enhanced Income Plan 22, which is not an ISA.
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Direct Account means any part of the EVEN 30™ Deposit Growth Plan 39, which is not an ISA.
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Direct Account means any part of the FTSE 100 Enhanced Kick-Out Plan 65, which is not an ISA.
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Direct Account means any part of the FTSE 100 6 Year Defensive Deposit Plan 16, which is not an ISA.
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Direct Account means any part of the FTSE 100 Kick-Out Deposit Plan 59, which is not an ISA.
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Direct Account means any part of the FTSE 100 Step Down Kick-Out Plan 21, which is not an ISA.
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