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Internal Accounts

Internal Account (Wallet)​

  • It's a money account, a type of digital wallet for use, such as a cash account in trading.

  • Clients can transfer money from their Bank Account into the Internal Account; conversely, they can send money from the Internal Account to their registered Bank Account.

  • In trading:

     1. BUY order will block the amount in the Internal Account, and if the order is successful, the amount is then deducted from the client's Internal Account.

     2. SELL order will deposit the amount into the Internal Account.

Notes:

The term "account" is broad, encompassing various account types for clients and users. Accounts have functionalities such as managing juristic inventory in money and shares, processing corporate actions, and handling taxes and fees. In keywords, accounts are related, but not limited to:

  • Money transactions
  • Deposits
  • Opening of a deposit account
  • Wallets and Internal accounts
  • Trade executions
  • Corporate action
  • Taxing
  • Custodian
  • Account orders related to Tenants