Common use of Treatment of Fiat Funds Clause in Contracts

Treatment of Fiat Funds. We shall hold fiat currency deposited by you in your User Account for your benefit and on your behalf in a third bank account. Each such account is separate from Xxxxxxxxxx.xxx’s operating bank account(s).

Appears in 3 contracts

Samples: wikibitimg.fx994.com, Agreement, exchange.blockchain.com

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Treatment of Fiat Funds. We shall hold fiat currency deposited by you in your User Account for your benefit and on your behalf in a third bank account. For USD- denominated balances, we may hold your deposit balance in a combination of USD fiat currency, USDC and USDP, and by using Exchange you agree that we may convert your USD fiat currency to USDC, USDP or both in our discretion. Each such account is separate from Xxxxxxxxxx.xxxXxxxxxx.xx’s operating bank account(s). We will maintain true, complete and accurate records relating to the fiat currency held on your behalf and your ownership thereof.

Appears in 1 contract

Samples: Agreement

Treatment of Fiat Funds. We shall hold fiat currency deposited by you in your User Account for your benefit and on your behalf in a third bank account. Each such account is separate from Xxxxxxxxxx.xxxArkadiko’s operating bank account(s).

Appears in 1 contract

Samples: usda.arkadiko.finance

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Treatment of Fiat Funds. We shall hold fiat currency deposited by you in your User Account for your benefit and on your behalf in a third bank account. For USD- denominated balances, we may hold your deposit balance in a combination of USD fiat currency, USDC and USDP, and by using Exchange you agree that we may convert your USD fiat currency to USDC, USDP or both in our discretion. Each such account is separate from Xxxxxxxxxx.xxx’s operating bank account(s). We will maintain true, complete and accurate records relating to the fiat currency held on your behalf and your ownership thereof.

Appears in 1 contract

Samples: Agreement

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