Common use of Dormant Account Clause in Contracts

Dormant Account. 15.1. An Account will be considered as a Dormant Account, if there is no financial or trading activity in the Account for a set period of 6 (six) months. 15.2. Dormant Accounts will be charged a monthly Dormant Fee of 5 USD (Five US Dollars) on the remaining balance of the Account until the balance is 0 (zero). The Dormant Fee is charged for the maintenance, administration and compliance management of such Dormant Accounts. 15.3. If the balance of the Account is less than 5 USD (Five US Dollars) the full remaining amount will be charged and the Company has the right to terminate the Account, upon a notice of termination to the Client 15.4. There will be no charge if the balance in the Account is 0 (zero). The Company shall proceed with notifying the Client that his Account will be terminated with immediate effect. The Company undertakes to make good any valid claim against the released balances. 15.5. The Company reserve the right to charge the Dormant fee retroactively for any month in which the Company had the right to charge it but for technical reasons did not. 15.6. For any information regarding the closure of accounts, please contact the Company at xxxxxxx@xxxxxxx.xxx.

Dormant Account. 15.1. 15.1 An Account will be considered as a Dormant Account, Account if there is no financial or trading activity in the Account for a set period of 6 3 (sixthree) months. 15.2. 15.2 Dormant Accounts will be charged a monthly Dormant Fee of 5 10 USD (Five Ten US Dollars) for accounts below 500 USD and %10 for accounts above on the remaining account balance of the Account until the balance is 0 (zero). The Dormant Fee is charged for the maintenance, administration and compliance management of such Dormant Accounts. 15.3. 15.3 If the balance of the Account is less than 5 10 USD (Five Ten US Dollars) the full remaining amount will be charged and the Company has the right to terminate the Account, upon a notice of termination to the Client. 15.4. 15.4 There will be no charge if the balance in the Account is 0 (zero). The Company shall proceed with notifying the Client that his Account will be terminated with immediate effect. The Company undertakes to make good any valid claim against the released balances. 15.5. 15.5 The Company reserve reserves the right to charge the Dormant fee retroactively for any month in which the Company had the right to charge it but for technical reasons did not. 15.6. 15.6 For any information regarding the closure of accounts, please contact get in touch with the Company at xxxxxxx@xxxxxxx.xxx.

Dormant Account. 15.1. 15.1 An Account will be considered as a Dormant Account, Account if there is no financial or trading activity in the Account for a set period of 6 3 (sixthree) months. 15.2. 15.2 Dormant Accounts will be charged a monthly Dormant Fee of 5 10 USD (Five Ten US Dollars) for accounts below 500 USD and %10 for accounts above on the remaining account balance of the Account until the balance is 0 (zero). The Dormant Fee is charged for the maintenance, administration and compliance management of such Dormant Accounts. 15.3. 15.3 If the balance of the Account is less than 5 10 USD (Five Ten US Dollars) the full remaining amount will be charged and the Company has the right to terminate the Account, upon a notice of termination to the Client. 15.4. 15.4 There will be no charge if the balance in the Account is 0 (zero). The Company shall proceed with notifying the Client that his Account will be terminated with immediate effect. The Company undertakes to make good any valid claim against the released balances. 15.5. 15.5 The Company reserve reserves the right to charge the Dormant fee retroactively for any month in which the Company had the right to charge it but for technical reasons did not. 15.6. 15.6 For any information regarding the closure of accounts, please contact get in touch with the Company at xxxxxxx@xxxxxxx.xxxxxxxxxx@0xxxx.xxx.

Dormant Account. 15.115. 1 An Account will be considered as a Dormant Account, Account if there is no financial or trading activity in the Account for a set period of 6 3 (sixthree) months. 15.215. 2 Dormant Accounts will be charged a monthly Dormant Fee of 5 10 USD (Five Ten US Dollars) for accounts below 500 USD and %10 for accounts above on the remaining account balance of the Account until the balance is 0 (zero). The Dormant Fee is charged for the maintenance, administration and compliance management of such Dormant Accounts. 15.315. 3 If the balance of the Account is less than 5 10 USD (Five Ten US Dollars) the full remaining amount will be charged and the Company has the right to terminate the Account, upon a notice of termination to the Client. 15.415. 4 There will be no charge if the balance in the Account is 0 (zero). The Company shall proceed with notifying the Client that his Account will be terminated with immediate effect. The Company undertakes to make good any valid claim against the released balances. 15.515. 5 The Company reserve reserves the right to charge the Dormant fee retroactively for any month in which the Company had the right to charge it but for technical reasons did not. 15.615. 6 For any information regarding the closure of accounts, please contact get in touch with the Company at xxxxxxx@xxxxxxx.xxx.