Glossary
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1.1 The definitions and rules of interpretation in this clause apply in these terms as follows:
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1.2 Client Nominated Account: The bank account nominated by us from time to time into which the client funds will be made and paid.
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1.3 Authorized user: Any person you notify us of, in writing, and who we accept has the authority to act on your behalf
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1.4 Business Day: A Day other than Saturday, Sunday, or any other National Holiday as declared by the Federal Government of Nigeria.
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1.5 Business hours: 08:00 – 17:00 on a business day.
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1.6 Client money: Money held by us on your behalf, which will be held in a designated client account, segregated from our money, and not used as business expenditure unless specifically set out in these terms.
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1.7 Contract: Individual Orders that have been accepted by us.
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1.8 Contract Note: The written document setting out the details of an Order that will be sent to you following Order Confirmation.
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1.9 Good-Till-Cancelled (GTC) order: An Order which remains valid until canceled by you.
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1.10 Regulations: All laws and regulations from time to time in force relating directly or indirectly to the buying or selling of currency including, without limitation, the Money Laundering Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations
2017, The Economic and Financial Crimes Commission Act 2004, Financial Services Regulation Coordinating Committee 1994.