Standard Accounts definition
Examples of Standard Accounts in a sentence
For Standard Accounts, you will have access to certain Connected Account Data.
Stripe will not file any, and you assume sole responsibility and liability for filing all, Tax Information Reports required to be filed as a result of Services Stripe provides to you under this Agreement or to Connected Accounts under their Connected Account Agreement; but Stripe will file Tax Information Reports with respect to payments made to Standard Accounts.
With regard to Standard Accounts, Stripe will issue Tax invoices (if applicable) directly to you under this Agreement, directly to Standard Accounts under their Connected Account Agreement, or to both you and the Standard Accounts.
Standard Accounts are responsible for Connected Account Data they provide directly to Stripe as part of the Standard Account enrolment process.
The provisions of the previous sentence shall not apply to the Standard Accounts, the Commerzbank Accounts, deposit accounts exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such.
You agree to use each Swap-Free Account in good faith and not to take unfair advantage of its nature or terms or to enter strategies, including carry trade or arbitration strategies, intended to take advantage of the differences between Swap-Free Accountsand Standard Accounts.
Except with respect to Standard Accounts and except to the extent covered by Stripe Managed Risk Services if applicable, your liability for all Connected Accounts as described in these Stripe Connect Terms, including liability arising out of or relating to your failure to ensure that each Connected Account agreed to the Connected Account Agreement in a legally binding way, is not limited or excluded in any way, notwithstanding anything to the contrary in this Agreement.
The trading accounts we offer are Beginner Accounts, Standard Accounts, Silver Accounts, Gold Accounts, VIP Accounts (collectively the “Trading Accounts”).
Be careful and consider the risk! Example for Standard Accounts: If you are using a small deposit under $5,000 USD, then the maximum Lots = 0.1 If you have a large deposit over $10K, then you may set Lots = 1.0 to 2.0 If you are not sure how to set the correct lot size manually, we recommend you use the AUTOLOT (Money management) parameter.
The provisions of the previous sentence shall not apply to the Standard Accounts, the Commerzbank Accounts, deposit accounts exclusively used for payroll, payroll Taxes and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Purchaser by Borrower as such.