Examples of Subaccounts in a sentence
Subaccounts under main account may be opened in order to trade through the Trading Desk at the Financial Institution (Offline) or directly electronically (Online) through specific electronic platforms at the request of the Clients and after the approval of the Financial Institution.
See your Contract or certificate for any state specific variations; • There are certain restrictions on transfers from the Subaccounts; • The Company reserves the right to combine two or more Subaccounts, close Subaccounts or substitute a new Fund for a Fund in which a Subaccount currently invests; and • The Contract is not designed to serve as a vehicle for frequent transfers.
Additionally, the withdrawal amount will be taken from the Subaccounts proportionately, unless you designate otherwise.
For administrative purposes, the Subaccounts may be established by the Securities Intermediary as separate accounts.
Thereafter, more than 25 investment options can be selected at any one time; • Some Subaccounts may not be available through the Contract, your plan or in some states.