European Brokerage · glossary
The client’s record in the app of their money, investments, orders and fees. Dividends and sale money are credited to it, and the €2 fee is taken from it. It is not a bank account: the cash itself sits in bank accounts that Thalvia holds for its clients. Clause 2, “Client Account” · Chapter 7 · see Client money
Explained in Chapter 7, Client Money, Client Assets and the Investor Compensation Fund, of European Brokerage.
Dividends are paid into the client account: the client’s record in the app of money, investments, orders and fees. If the company’s country taxes the dividend first, the client gets the rest. Under clause 11.1, Thalvia does not claim back tax taken in another country.Read Chapter 7, Client Money, Client Assets and the Investor Compensation Fund →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of European Brokerage and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
means your account with us, kept in the App, which records your Client Money, Financial Instruments, Orders and fees;Read the definition in the document →
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