Closure of the Account. 3.1. Account closure shall take place in accordance with the Agreement, laws and regulations in force in the Republic of Latvia, the General Business Terms and Conditions and other relevant regulatory documents of the Bank.
3.2. In the event that the Client defaults on its obligations to the Bank, the Bank shall be entitled to suspend the balance of the funds to be returned until the Client has fully complied with all its obligations to the Bank.
3.3. The Client is also entitled to give notice in writing at any time regarding the closure of the Account. The Bank shall close the Client's Account within one month from the date of receipt of the Client's notice provided that the Client has fulfilled all obligations towards the Bank.
Closure of the Account. You may close your Account at any time by notifying us in writing. We can close or suspend the Account at any time without cause and without notice. When your Account is closed, by you or by us, your right to use the Account, including any cards issued on the Account, is revoked. When your account is closed, you agree to contact everyone authorized to charge transactions to your Account (e.g., internet service providers, insurance companies, etc.) to cancel future transactions. Such transactions may continue to be charged to your Account until you change the billing, and you will be liable for those charges. Closure of your Account, by you or by us, does not affect your obligation to pay the account balance arising from authorized use of the card. The cards remain our property and we may require you to recover and return to us all cards issued on the Account.
Closure of the Account. 10.1. The Cardholder agrees that any intention on his/her part to close the Account shall be notified through the Corporate Client except in cases where the Account has been reclassified as a personal savings/regular checking account or regular US dollar savings account.
10.2. The Bank, at its own discretion, may also initiate account closing and blocking of transactions immediately if any of the following scenarios happen:
(a) The ePaycard kits are unclaimed beyond the period of thirty (30) days after the account opening;
(b) The Account has insufficient balance to pay corresponding bank charges;
(c) If the Account has been or is being mishandled by the Cardholder in any way or handled unsatisfactorily such as, but not limited to, issuance of unfunded or insufficiently funded check(s);
(d) If the Account is or has been involved in, used, or suspected to be used for any fraudulent, criminal or unlawful activities or transactions;
(e) In case of document deficiencies, false or inaccurate information supplied by the Cardholder, or misrepresentations in the opening of the Account;
(f) If in the determination of the Bank, the maintenance of the Account exposes the Bank to any kind of risk such as but not limited to financial, operational, legal, reputational or other risks; and
(g) If in the Bank’s sole determination, there are circumstances that warrant termination or closure of the Accounts, such as but not limited to, the failure by the Cardholder to abide by this T&Cs.
10.3. The Cardholder shall hold the Bank, its officers and employees free and harmless from any and all liabilities, claims and demands of whatever kind or nature related to or arising from:
(a) Account closure for whatever reason;
(b) The dishonor of any check thereunder which may be presented to the Bank after the closing of the Account; and/or
(c) The Bank reporting the account closure and the reason(s) therefor to the BSP, Bankers Association of the Philippines (BAP) or any other central monitoring entity or bureau established by the BAP or BSP to keep record of and monitor mishandled accounts.
10.4. The Cardholder agrees that all unused checks shall immediately be surrendered to the Bank upon the closure of a current/checking account.
10.5. In all instances of Account closure, the Bank shall return the deposit, if any, net of applicable charges, fees, taxes, and/or any contingent or past due liabilities of the Cardholder to the Bank. The Cardholder may be notified either personally, by ...
Closure of the Account. The joint and sev eral account may be closed with the consent of each co-holder. If the account has a negative balance, the co-holders shall be held jointly and severally liable f or its repayment. Otherwise, the credit balance may only be withdrawn under their joint signatures.
Closure of the Account duration of the account
Closure of the Account. 3.1.11.1. If the Bank thinks that the Customer should close his/her Account, a written request shall be sent to the Customer specifying a period during which the Customer should close his/her Account. If after the abovementioned period expires and the Customer fails to close his/her Account, the Bank may reject any payments to the Account (ecept the payments necessary for the repayment of any debts on the Account) and return any balance available on the Account to the Customer;
3.1.11.2. The Customer may at any time request the Bank for closing his/her Account. However, the Bank may ask the Customer for prior written confirmation till this Order is fulfilled;
3.1.11.3. The Customer’s last Account in the national currency shall not be closed until the Customer has his/her Account opened with the Bank in any foreign exchange;
3.1.11.4. In case all universal Accounts of the Customer with the Bank are closed, the Bank may terminate all types of the Remote Banking Services whether the Customer has a standard current Account(s) with the Bank or no;
Closure of the Account. 28.1. The Bank may terminate its Agreement with you immediately if it has reasonable grounds for believing that such action is necessary to protect your interests or those of the Bank. Unless it is prohibited from doing so by law or regulation we will give you notice of such a termination not less than two months prior to termination.
28.2. The Bank may, at its sole discretion, determine that a Variable Product is no longer available for lodgements by the Account Holder. The Bank will give the Account Holder at least two month’s prior notice in writing of such an event, and in such circumstances we will advise the Account Holder of other suitable Allied Irish Bank (GB) Savings Direct products and where these are available.
Closure of the Account for customers of Lloyds TSB Offshore Limited only
8.1 You can close your Account at any time. If you close your Account, you will only receive interest at our standard rate up to Account closure (less any interest deducted in respect of applicable taxes under condition 4.4). You will not receive any interest at our conditional bonus rate for the whole of the calendar month in which you close your Account.
8.2 We reserve the right to close your Account at any time. We may do this without giving you a reason but will normally give you 30 days’ notice before doing so.
8.3 In the event of your death, the balance on the Account will normally be paid to your estate and the Account closed. For Accounts held in joint names please see condition 14.1h.
Closure of the Account for customers of Lloyds TSB Bank (Gibraltar) Limited only
9.1 You can close your Account at any time. You may do this by giving us at least one month’s written notice in accordance with paragraph 9 of the accompanying Payments Service Schedule. If you close your Account, you will only receive interest at our standard rate up to Account closure (less any interest deducted in respect of applicable taxes under condition 4.4). You will not receive any interest at our conditional bonus rate for the whole of the calendar month in which you close your Account.
9.2 We may close your Account at any time in accordance with paragraph 9 of the Payments Services Schedule. We may do this without giving you a reason but will normally give you at least two months’ written notice before doing so. Please refer to the accompanying Payment Services Schedule for more details.
9.3 In the event of your death, the balance on the Account will normally be paid to your estate and the Account closed. For Accounts held in joint names please see condition 14.1h.
Closure of the Account. You may close your Account at any time by notifying us in writing. We can close or suspend the Account at any time without cause and without notice. When your Account is closed, by you or by us, your right to use the Account, including any cards issued on the
