Your Money. 15.1 We will treat any money we hold on your behalf as Client Money, and therefore hold your money in a segregated Client Money bank account. 15.2 We will hold your (and other customers') Client Money in a pooled client bank account with one or more third party bank or credit institutions, the identity of which is available on our Website. We will not be responsible for the acts or omissions of any third-party bank or credit institution holding your money. We may place funds in notice or term deposit accounts with a notice period or term of up to 95 days. Placing client money in notice or term deposit accounts does not in itself affect your ability to deal with or withdraw funds from your Account with us, however in the unlikely event of insolvency of OANDA Global Markets Limited, such amounts may not be immediately available upon request. 15.3 We will not pay interest on any Client Money that we hold on your behalf and by entering into this agreement you acknowledge that you therefore waive any entitlement to interest. 15.4 You agree that we may transfer Client Money to a third party as part of a transfer of all or part of our business.
Appears in 5 contracts
Sources: Retail Clients Terms of Business, Retail Clients Terms of Business, Retail Clients Terms of Business
Your Money. 15.1 We will treat any money we hold on your behalf as Client Money, and therefore hold your money in a segregated Client Money bank account.
15.2 We will hold your (and other customers') Client Money in a pooled client bank account with one or more third party bank or credit institutions, the identity of which is available on our Websitewebsite. We will not be responsible for the acts or omissions of any third-third party bank or credit institution holding your money. We may place funds in notice or term deposit accounts with a notice period or term of up to 95 days. Placing client money in notice or term deposit accounts does not in itself affect your ability to deal with or withdraw funds from your Account with us, however in the unlikely event of insolvency of OANDA Global Markets Limited, such amounts may not be immediately available upon request.
15.3 We will not pay interest on any Client Money that we hold on your behalf and by entering into this agreement you acknowledge that you therefore waive any entitlement to interest.
15.4 You agree that we may transfer Client Money to a third party as part of a transfer of all or part of our business.
Appears in 2 contracts
Sources: Retail Clients Terms of Business, Retail Clients Terms of Business
Your Money. 15.1 We will treat any money we hold on your behalf as Client Money, and therefore hold your money in a segregated Client Money bank account.
15.2 We will hold your (and other customers') Client Money in a pooled client bank account with one or more third party bank or credit institutions, the identity of which is available on our Websitewebsite. We will not be responsible for the acts or omissions of any third-third party bank or credit institution holding your money. We may place funds in notice or term deposit accounts with a notice period or term of up to 95 days. Placing client money in notice or term deposit accounts does not in itself affect your ability to deal with or withdraw funds from your Account with us, however in the unlikely event of insolvency of OANDA Global Markets Limited, such amounts may not be immediately available upon request.
15.3 We will not pay interest on any Client Money that we hold on your behalf and by entering into this agreement you acknowledge that you therefore waive any entitlement to interest.
15.4 You agree that we may transfer Client Money to a third party as part of a transfer of all or part of our business...
Appears in 2 contracts
Sources: Retail Clients Terms of Business, Retail Clients Terms of Business