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Article NO. Content


Operating Rules for Custody and Investment of Funds by Securities Firms on Behalf of Customers  CH

Amended Date: 2015.03.31 
Categories: Securities Exchange Market > Borrowing of Money
Article 23     To withdraw money, a customer shall complete and submit a Customer Request for Withdrawal of Custodied or Invested Funds on the date of the withdrawal request.
    Upon request by the customer under the preceding paragraph, the securities firm shall transfer the requested withdrawal amount from the customer's custodied funds not yet reaching the minimum investment level, and, if still insufficient, then dispose of any subject instrument in the order of priority as agreed with the customer, to meet the customer's withdrawal request.
    The securities firm processing transfer of funds under the preceding paragraph in response to the customer's withdrawal request shall, by the due time as agreed with the customer, forward the funds as transferred separately to the securities firm's cash management account, to the account for book-entry transfer of securities and funds opened by the customer for engaging in securities trading on the exchange or over-the-counter market.