Beneficiary Account definition

Beneficiary Account means the bank account to which you are sending funds.

Beneficiary Account means the Account established for a Beneficiary in accordance with Section 6.2.

Beneficiary Account means the bank account of the Beneficiary which is the subject of a Payment.

Examples of Beneficiary Account in a sentence

• However the Units will be allotted based on applicable NAV of the Scheme and will be credited to investor’s Demat (Beneficiary) Account on weekly basis on realization of funds, e.g. Units will be credited to investor’s Demat (Beneficiary) account every Monday (or next business day, if Monday is a non-business day) for realization status received in last week from Monday to Friday.

• I/We understand that in case of Allotment of Rights Equity Shares to me/ us, my/our Beneficiary Account as mentioned in this Application Form would get credited to the extent of allotted Rights Equity Shares.

• The applicant intending to hold units in dematerialized form will be required to have a beneficiary account with a Depository Participant (DP) of the NSDL/CDSL and will be required to mention in the application form DP ID, DP Name and Beneficiary Account No. with the DP name at the time of subscribing to the units of the Scheme.

• Argentex will only transfer money to the Beneficiary Account once it has unconditionally received the Sell Currency in full as cleared funds.

• Demat Account Details (Optional)NSDLDP NAMEDP IDIN Beneficiary Account No. CDSLDP NAMEBeneficiary Account No. Ne investors shall receive payments of Redemption/ IDCW proceeds in the Bank Account linked to the Demat A/c.

More Definitions of Beneficiary Account

Beneficiary Account means the segregated account maintained by the Trustee for each Beneficiary that has deposited Trust Shares under this Agreement, as contemplated by Section 2.01(f);

Beneficiary Account means the account belonging to the Beneficiary, which you have instructed us to send money to.

Beneficiary Account means the bank account of the beneficiary where to which the money instructed for by SGM -FX’s Client will be sent to.

Beneficiary Account means the Account established for a Beneficiary in accordance with Article IX.

Beneficiary Account means a share or deposit account in a credit union where 1 or more persons are designated as owners and 1 or more other persons are designated as beneficiaries. A beneficiary account is not a trust or trustee for beneficiary account.

Beneficiary Account means the bank account of the Beneficiary which is the subject of a Payment. “Fees” means the fees which will be charged for the provision of the Payment Services, the details of which are set out in the Associated Service Provider Terms – see Schedule 3.

Beneficiary Account means the account, which you provide us with the details of,belonging to a third party which is to be the recipient of money subject to a Payment;