Common use of Dormant Account Clause in Contracts

Dormant Account. Account Closure: In the event of prolonged inactivity, management fees will be charged. After my Account has been dormant for 10 years, my Account will be closed and funds will be available from the Bank of Canada upon written request and identification. In Quebec, I will be provided with a 60-day prior written notice of the Account becoming dormant.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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