Merchant Account means an account with an Acquirer that authorizes a merchant to honor or to accept a credit card, or to transmit or process for payment a credit card, for the purchase of a good, service, or charitable contribution.ĭirect Account means an Account established directly with and through BNYM as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through BNYM. Online Account means the Bank account from which you will be conducting transactions using a Service Ĭustomer Account means an account carried by a Participant on behalf of a Customer.Ĭard Account means the account maintained with the Bank in respect of the Card Ĭommercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.
User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.Ĭlient Account means the exclusive personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Company’s Online Trading System, the balance of the Client money and deposit/withdrawal transactions of the Client money.
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