SRS Account definition

SRS Account means an account opened with an SRS operator by an SRS member;

SRS Account means an account opened by an investor with an SRS Operator for the purposes of investment under the SRS.

SRS Account means an account with OCBC opened by an Account Holder who wishes to make contributions under the Scheme.

Examples of SRS Account in a sentence

• In the case of an investor who has purchased Units with monies from his SRS Account, any monies payable to such investor in respect of such Units shall be paid by transferring the monies to the relevant bank for credit of the investor’s SRS Account or otherwise in accordance with the provisions of any applicable law, regulations or guidelines.

• If the Account Holder dies, OCBC shall have the right and authority to use the cash balance in the SRS Account to discharge the obligations of the Account Holder incurred in respect of investments contracted to the account of the SRS Account before his death.

• Where the Account Holder continues to operate the SRS Account after such notification, the Account Holder shall be deemed to have agreed with and accepted such change(s).

• The Account Holder shall maintain not more than one SRS Account with OCBC.

• OCBC shall not be bound to accept any contribution to the SRS Account unless the Account Holder has provided OCBC with all such information and documents as OCBC deems necessary for the purposes of determining the Account Holder’s contribution Cap for any particular year.

More Definitions of SRS Account

SRS Account means the account referred to by the Ministry of Finance of Singapore and the Inland Revenue Authority of Singapore as the Supplementary Retirement Scheme account from which monies may be withdrawn for the purpose of investments under the SRS; and

SRS Account means an account opened by an investor pursuant to the SRS with an SRS Bank.

SRS Account refers to an account established with an Operator by the Policyholder who wishes to make contributions under the Scheme and from which the single premium was paid.

SRS Account refers to an account established w ith an Operator by the Policyholder w ho w ishes to make contributions under the Scheme and from w hich the single premium w as paid.

SRS Account means the account opened by the Customer under the SRS Scheme with the SRS Operator; and

SRS Account means an account opened by an investor with a participating branch of a designated SRS Operator for the purpose of an investment under the SRS.

SRS Account means the account opened by an applicant with a SRS operator for the purpose of investment under the SRS.