Cancel Credit Account Sample Clauses

Cancel Credit Account. Please note: • If there is a balance owing on the account, you will still receive a monthly statement and will need to continue to make the monthly payments until the account is paid in full. • Once a credit account is closed, it cannot be reopened. You will need to apply for a new credit product if you want access to a credit product after closing the current account(s). • When a credit card is closed, all available cash back and reward points are forfeited. Please ensure you have redeemed your cash back and reward points prior to closing any rewards credit cards. • If you close and payoff a Home Equity Line of Credit, you will be required to pay a reconveyance recording fee in order to remove BECU’s lien on the property. The amount of the reconveyance fee will be listed in the payoff quote. • Lines of Credit may function as NSF protection for a linked checking account. If you close a Line of Credit, you will still have the option to link a Savings or Money Market account to the checking account for the purpose of avoiding NSF fees. Indicate type of account to close. ☐ Home Equity Line of Credit Indicate reason for closure. ☐ Competitor rates ☐ Consolidate BECU accounts ☐ Convenience ☐ Deceased ☐ Fees ☐ Relocating / Moving ☐ Fraud ☐ Products and services selection ☐ Other (please specify): Indicate account number. ACCOUNT NUMBER(S) CLOSURE DATE (max. 1 week out)
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Related to Cancel Credit Account

  • Total Credit Award GO-Biz, upon approval by the Committee and conditioned upon the requirements set forth in this Agreement, will award Taxpayer a California Competes Tax Credit ("CCTC") in the amount of one hundred thousand dollars ($100,000.00) (“Credit”). Specifically, Taxpayer is receiving a CCTC against the “net tax” as defined in RTC section 17039, or the “tax” as defined in RTC section 23036, as applicable, pursuant to RTC section 17059.2 or 23689, as applicable.

  • CONCENTRATIONS OF CREDIT (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a written asset diversification program consistent with OCC Banking Circular 255. The program shall include, but not necessarily be limited to, the following:

  • Credit Checks 9.1 The Customer agrees that:

  • Free Credit Balances Your selection of a sweep program above will not be effected until your Account paperwork has been accepted by LPL as being in good order. Until such time, available cash balances (from securities transactions, dividend and interest payments, deposits and other activities) will not be automatically swept and will be held as a free credit balance. A free credit balance is a liability of LPL and payable to the Account on demand. Interest will not be paid to the Account on free credit balances. Unless we hear from you to the contrary, it is our understanding that any free credit balances held in your Account are pending investment. Free credit balances may be used by LPL in the ordinary course of its business subject to the requirements of Rule 15c3-3 under the Securities Exchange Act of 1934. The use of customer free credit balances generally generates revenue for LPL in the forms of interest and income, which LPL retains as additional compensation for its services to its clients. Under these arrangements, LPL will generally earn interest or a return based on short-term market interest rated prevailing at the time. If you are acting on behalf of a Plan, the Responsible Plan Fiduciary agrees that it has independently determined that holding cash balances, pending LPL’s acceptance of the Account, as a free credit balance, which does not earn income for the Plan, is both (i) reasonable and in the best interests of the Plan and (ii) that the Plan receives no less, nor pays no more, than adequate consideration with respect to this arrangement. If the Responsible Plan Fiduciary chooses to avoid holding un-invested cash as a free credit balances, the Plan should not fund the Account until after the Account paperwork has been accepted by LPL as being in good order.

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