Common use of Switching Fee Clause in Contracts

Switching Fee. (1) Fee rate: the equivalent of NT$300 to NT$500. (2) Method of calculation: Charge on each transaction of switching. (3) Payment time and method: Paid by the Grantor to the Trustee in lump sum at the time of switching. (4) For switching fee charged by the fund manager, collect on behalf of the fund manager in accordance with the rules of the fund manager.

Appears in 2 contracts

Sources: General Agreement on Account Opening, General Agreement on Account Opening