Common use of Payment Channels Clause in Contracts

Payment Channels. The customer has to make all his investments in the official bank accounts of the brokerage house. Payment by hand or under other conditions is not accepted, and the intermediary institution is obliged to pay the current investment profits to the bank accounts belonging to the customer's own name. Receipt of each payment should be archived and presented when necessary.

Payment Channels. The customer has to must make all his investments in through the official bank accounts of the brokerage house. Payment by hand or under any other conditions is not accepted, and the intermediary institution is obliged obligated to pay transfer the current investment profits to the bank accounts belonging to that are registered under the customer's own name. Receipt Receipts of each payment should be archived and presented when necessary.