Sentences with phrase «holding some money separately»
Holding some money separately makes sense in any relationship.
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In accordance with Australian client money rules, FXCM Australia's client funds are held in segregated bank accounts with an Australian authorised deposit - taking institution branch of Commonwealth Bank of Australia, and held separately to FXCM Australia's corporate / operational funds accounts.
If the depositor holds money in his bank account on behalf of multiple third parties, would those third parties be entitled separately to the full guaranteed amount of 100 000 euro?
If we hold sums of money for you in relation to different matters we will normally treat the money relating to each of the different matters separately.
The funds corresponding to Electronic Money will be held in one or more segregated bank accounts or multi-signature wallets, as applicable, separately from Wirex's own funds, in accordance with the provisions of the Electronic Money Regulations 2011.