Unidentified Cash Sample Clauses

Unidentified Cash. The Custodian will advise the Client by electronic mail or if electronic mail is unavailable, by facsimile of any unidentified cash received by the Custodian. If the Client recognizes any such unidentified cash receipts, the Client shall notify the Custodian via an electronic mail (or if electronic mail is unavailable, by facsimile), or telephone to avoid unnecessary returns of cash, provided that, if the Client notifies the Custodian by telephone, the Client shall promptly issue Instructions confirming such notice; provided, however, the Custodian is entitled to rely on such telephone instructions regardless of whether the client so confirms. Upon client notification that an unidentified receipt is the property of a specific client account, MSTC will determine the appropriate value date that the funds can be credited to the account. In general, the funds will be credited to the client’s account in accordance with the cash notification deadlines from the date of the client notification. Unidentified cash receipts are returned by the Custodian to sender within three days if the value equals or exceeds US$ 100,000 or within five days if the value is less than US$ 100,000.