KYC - KNOW YOUR CUSTOMER Sample Clauses

KYC - KNOW YOUR CUSTOMER. Know your customer policies have become increasingly important worldwide lately, espe- cially among banks and other financial institutions, in order to prevent identity theft, money laundering, financial fraud and terrorist activity. Eurotrade will request sensitive personal information in its capacity to combat any fraudu- lent activity. This information is covered by clause 9 of this Agreement Eurotrade holds a zero-tolerance fraud policy, and is taking all measures possible to prevent it. Any fraudulent activity will be documented and all related accounts to it will be immedi- ately closed. All funds in these accounts will be forfeited. Full refund of the original deposit will be made after the fraudulent activity is confirmed and any losses/profits will be ad- justed accordingly. After full refund is made client’s account will be closed definitively. Eurotrade aims to ensure the integrity of any sensitive data it obtains, such as your account information and the transactions you make, using a variety of security measures and fraud controls. Securing your electronic transactions requires us to be provided with certain data from you, including your preferred deposit method. When you open a trading account and deposit funds we will require the following docu- ments (each of the following documents should be valid for the next 6 months at least)  A copy of your valid passport with the signature page.  A copy of a recent (not older than 6 months) utility ▇▇▇▇ in your name and address (such as Water, electricity, gas or telephone)  A signed purchase history of your online transactions. If you have any questions please do not hesitate to contact our customer support: All the documents must be translated to English by an authorized notary or to be provided in English. However, where possible, the Company will translate your documents to English for your convenience. We highly appreciate you taking the time to provide us with all the necessary documents, in order to avoid any delays in processing your transactions. We require the receipt of all the necessary documents prior to making any cash transactions to your benefit. With reference to the verification of the identity of the client the Company takes into ac- count the fact that when commencing the establishment of a business relationship with a client whose identity has not been yet verified, the risk of money laundering referred to the previous paragraph may be assessed as low when, as a minimum, the fo...

KYC - KNOW YOUR CUSTOMER. The Cardmember a. Sign on the back shall: of the Card in ink as soon as the Cardmember receives it

KYC - KNOW YOUR CUSTOMER. Each of Owners and Charterers acknowledge that the other Party may be required to undertake on-going KYC checks (including but not limited to credit checks) in relation to ownership, creditworthiness and any changes in ownership structure during the charter period to ensure compliance with Trade Controls Laws and Anti-Corruption Laws. Each Party shall comply with all such reasonable KYC requests for information from the other Party reasonably made from time to time relating to the above.

KYC - KNOW YOUR CUSTOMER. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Profit margin charged when settling the unpaid portion of the Current Balance of the Corporate Card Account through the sales proceeds of a Tawarruq Transaction. Payment Due Date The date shown on the monthly Statement for the Account which mentions the date by which the Current Balance needs to be paid. PIN The personal identification number given to the Cardmem- ber to use with the Card.