Operational Risk. 22.1 The Customer’s funds may not move instantly to the intended destination with each instruction to the Bank. This arises as a result of the Bank’s operating hours and other system-related factors. Therefore, there may be mismatches or delays in the timing of cash flows due from or to counterparties in investment transactions which may lead to the Customer not having sufficient cash available to fund outstanding obligations.
Appears in 4 contracts
Samples: Investment Services Agreement, Investment Services Agreement, Investment Service Agreement
