We may receive instructions to pay money into your account, including transfers, transfers sent via an ACH system and transfers that are processed directly into an account with us. We can obtain remittances directly from the sender, via a transfer system such as an ACH system or another communication system. Each joint account holder has the power to act individually and without notice to another account holder, to deal with us as comprehensively and comprehensively as if the account holder were the sole account holder. We have the right to follow the instructions of a mutual account holder and to deliver funds, securities or other assets on the Schwab account to an account holder or on the instruction of an account holder. We are not responsible for determining the purpose or adequacy of an instruction we receive from an account holder, nor for the disposition of payments or deliveries between joint account holders. The Bank Sweep and Bank Sweep for Benefit Plans automatically make deposits and withdrawals from one or more banks linked to Schwab, as described in the cash statement. Balances on your deposit accounts with a linked bank are eligible for FDIC insurance within applicable limits. Deposit accounts in a linked bank held in your account are not eligible for SIPC insurance. We may issue a « Margin Call » (i.e.
an additional security deposit notification) if your account capital is covered by the margin maintenance requirement. This can be done for a variety of reasons. The most common reasons are the loss of value of long-term securities held as collateral or an increase in the value of the courts. As a general directive and if this is practical, we can issue a margin call (but not necessarily) if the equity in your margina and short account is covered by Schwab`s minimum right to maintenance. The amount of additional guarantees we need is usually enough to increase your capital to a minimum of Schwabs.