Common use of Closing Accounts Clause in Contracts

Closing Accounts. You have the right to close your checking or savings account at any time. If you decide to close an account, you should cease writing checks on the account immediately. You should deliver written instructions to the Bank regarding your intention to close your account. You may deliver these instructions to a Bank Officer or a Personal Banking Representative, or you may mail them to the address shown on your account statement. At the discretion of the Bank, your account may not be considered closed until such written instructions are received. For further details on how to close an account, you should contact a Personal Banking Representative. The Bank also has the right to close your account subject to giving you reasonable advance notice. Ten (10) calendar days written notice mailed to your address of record will be considered reasonable. We are not required to give you advance notice if we decide to close your account because of improper or unsatisfactory account activity, or if you have not complied with the terms of this Agreement or any other agreement we have with you.

Closing Accounts. You have the right to close your checking or savings account at any time. If you decide to close an account, you should cease writing checks on the account immediately. You should deliver written instructions to the Bank regarding your intention to close your account. You may deliver these instructions to a Bank Officer or a Personal Banking Representative, or you may mail them to the address shown on your account statement. At the discretion of the Bank, your account may not be considered closed until such written instructions are received. For further details on how to close an account, you should contact a Personal Banking Representative. The Bank also has the right to close your account subject to giving you reasonable advance notice. Ten (10) calendar days written notice mailed to your address of record will be considered reasonable. We are not required to give you advance notice if we decide to close your account because of improper or unsatisfactory account activity, or if you have not complied with the terms of this Agreement or any other agreement we have with you.