Common use of Payment Processing Fees Clause in Contracts

Payment Processing Fees. The client is responsible for paying all commissions, charges, taxes, and fees in relation to payment processing services offered by the bank, acquiring services, financial and agency services, including those provided by AIX CSD, for replenishing, transferring, and withdrawing funds to or from the Cash Account, dividend distributions, and the transfer of dividends. AIX CSD may deduct such amounts from the client's bank account or card without prior notice. By agreeing to these terms, the Client consents to these deductions.

Appears in 2 contracts

Sources: Custody Agreement, Custody Agreement