Examples of Cash Application in a sentence
The drawer of the cheque and the Applicant name must be the same.BPAY: If you are paying by BPAY, the BPAY Reference Number will be the Application Number specified in the Cash Application Form.
You must also write the Application Number from the related Cash Application Form in the space provided on the Rollover Application Form.Your Cashback Amount will be invested at the issue price or the price prevailing on the day your application is accepted (please note the minimum investment is $2,000 per Series).
Example 3 – Cash ApplicationAn investor applies by way of Cash Application for a Series of CitiFirst Instalment MINIs issued over shares in XYZ with a Final Instalment of $10.00.
Cash Applicants should apply for CitiFirst Instalment MINIs by completing a Cash Application Form, which nominates the dollar amount that the investor wishes to invest in a Series and pay that amount by cheque, Bpay or provide authorisation for Citi to deduct that amount from their Nominated Account by direct debit.
The figures used in the following example are illustrative only and do not represent in any way the figures that may apply to the actual issue of CitiFirst Instalment MINIs.For the purposes of this example, assume that you submit a Cash Application Form to invest a Total Investment Amount per Series of AUD 50,000 in XXXJOA CitiFirst Instalment MINIs (as specified in Section E of your Cash Application Form).
The amount payable in respect of the Cash Application can be calculated as follows:= (Underlying Parcel Price (at time of acceptance of the Application) – Final Instalment)= ($20.00 - $10.00)= $10.00For a Cash Application the applicant pays $10.00 on Application and has a Final Instalment of $10.00.
Your Cashback Amount will be invested at the issue price on the day your Cash Application is accepted.If you elect to receive any Cashback Amount, please enter your bank account details here for all payments and Cashback Amounts you wish to be directly credited into your bank account.
For payments of dividends in respect to your investment, the Registrar will independently send you a direct credit/debit form.If you elect to reinvest any Cashback Amount in additional Citi Self FundingInstalments, you must complete a Cash Application Form together with the Rollover Application Form.
If no details are provided, you will become Issuer Sponsored and be allocated a Shareholder Registration Number (SRN) which will appear on your holding statement.If you elect to reinvest any Cashback Amount in additional Citi Self Funding Instalments you must complete a Cash Application Form together with this Shareholder Application Form.
You must also write the Application Number from the related Cash Application Form in the space provided.