The Trusted account list
The Trusted account list is a feature that exists on all account types that can hold units. The function is that recipient accounts can be registered in a list of each account. The registered recipient accounts can then be selected from the list when a transfer is to be made.
This feature has an effect on transfers, as holding accounts can only transfer to recipient accounts registered in the list and always with a 26-hour delay on delivery. Transfers from trade accounts to recipients in the list are carried out immediately, but must always be approved by an additional authorised representative.
After approved registration of a trusted account, the system will delay the approval for seven working days.
|TRANSFER FROM||TO TRUSTED ACCOUNT||TO OTHER ACCOUNTS|
|Holding account||26-hour delay on transfer delivery. No approval by additional authorised representative is required but required if one is registered on the account.||Not allowed.|
|Trading account||No 26-hour delay on transfer delivery. No approval of additional authorised representative is required unless the account holder chooses have one on the account.||26-hour delay. An additional authorised representative must approve the transfer.|