Common use of Currency Accounts Clause in Contracts

Currency Accounts. You may hold one or more currency accounts with us, which consists of an account number and other necessary information to accept payments in a given currency. These account details are a routing address for your E-Money Account. This means that payments sent to these currency accounts will be reconciled to your e-money balance with Ebury via your Assure FX login. Funds received through your currency accounts will be treated in exactly the same way as any other funds you hold with us (see Clause 13 of the Ebury Relationship Agreement). Before we provide you with your currency accounts, we may request additional information or documentation to comply with our obligations to our regulators or otherwise under Applicable Laws. You must provide us with this requested information within a reasonable timeframe. You are responsible for paying all taxes and related charges which you may be required to pay (in any jurisdiction) as a result of you receiving funds to your currency accounts. If you are unclear as to your obligations, you should seek independent advice from a tax professional.

Currency Accounts. You may hold one or more currency accounts with us, which consists of an account number and other necessary information to accept payments in a given currency. These account details are a routing address for your E-Money Account. This means that payments sent to these currency accounts will be reconciled to your e-money balance with Ebury via your Assure FX loginEbury. Funds received through your currency accounts will be treated in exactly the same way as any other funds you hold with us (see Clause 13 of the Ebury Relationship Agreement). Before we provide you with your currency accounts, we may request additional information or documentation to comply with our obligations to our regulators or otherwise under Applicable Laws. You must provide us with this requested information within a reasonable timeframe. You are responsible for paying all taxes and related charges which you may be required to pay (in any jurisdiction) as a result of you receiving funds to your currency accounts. If you are unclear as to your obligations, you should seek independent advice from a tax professional.