Common use of Cancellation Service Clause in Contracts

Cancellation Service. Handling of procedures for PowerFlex Account cancellation, provided that there is no balance in User Account except for the balance of the yen savings deposit. A principal and accrued interest on the yen savings deposit and an accrued interest on the foreign currency savings deposit shall be paid by the Bank- prescribed method within the period as prescribed by the Bank. The interest accrued on the foreign currency savings deposit shall be paid after exchanging to yen currency at the Bank-designated foreign exchange rate.