Electronic Money Account definition

Electronic Money Account means the account held by an electronic money holder with an electronic money issuer for the conduct of electronic money transactions;
Electronic Money Account means a virtual medium in the Customer’s System where the Customer’s Electronic Money is stored.
Electronic Money Account means a Payment Account on which Electronic Money is stored, and to which remote access is provided for the execution of payment transactions;

Examples of Electronic Money Account in a sentence

  • Any proceeds arising from the sale of your Instruments will be credited to your Revolut Electronic Money Account.

  • However, you should be aware that, whilst your profits may be credited to your Revolut Electronic Money Account, you will not be able to withdraw those proceeds until such time the transaction arising as a result of your Order to sell the relevant Instruments has settled.

  • It is important for you to note that, in order to open an Account, you must also have a Revolut Electronic Money Account, as the funds deposited in your Revolut Electronic Money Account will be used to pay for your Orders.

  • In the event that you sell a particular Instrument and there are proceeds due to you from that sale, we shall procure that your Revolut Electronic Money Account is credited with the value of those profits.

  • Any fees charged in connection with your Trades will be debited from your Revolut Electronic Money Account and paid to the Third Party Broker once your Orders have been executed or transmitted for execution by the Third Party Broker.


More Definitions of Electronic Money Account

Electronic Money Account means a virtual account in a particular currency, belonging to the Client and held with Argentex, where Electronic Money is stored.
Electronic Money Account means an account maintained by an
Electronic Money Account is the e-money account opened with the Payment Provider which you must use to pay for your trades and to receive any profits or other funds deriving from the closing of your Positions. We may refer to this as the “Emma Electronic Money Account” because we are making it available to you but we do not provide it as we are not an e-money issuer.
Electronic Money Account means the electronic money issuer for the conduct of electronic money transactions;
Electronic Money Account means an Electronic Money account with CD in which a Client may hold Electronic Money denominated in a Supported Currency.
Electronic Money Account means the account you set up on the SITE to facilitate the payment of school meals.
Electronic Money Account means an account maintained by an Electronic Money Issuer. The term includes Custodian Accounts held by Custodian Banks on behalf of Electronic Money Institutions;