Common use of Payments and Withdrawals Clause in Contracts

Payments and Withdrawals. 8.1 All payments shall be made by cash, checks, bank drafts, or telegraphic transfers, which shall either be delivered to COL’s office or deposited and credited to a designated bank account of COL. The Client’s Account shall not be credited with any deposited funds until COL receives cleared funds in the amount stated in the deposit form, less bank charges, if any.

Payments and Withdrawals. 8.1 All payments shall be made by cash, checks, bank drafts, or telegraphic transfers, which shall either be delivered to COL’s office or deposited and credited to a designated bank account of COL. The Client’s Account OSTA shall not be credited with any deposited funds until COL receives cleared funds in the amount stated in the deposit form, less bank charges, if any.