Common use of Dormant Accounts Clause in Contracts

Dormant Accounts. If you do not use your Account for a period of up to 90 (ninety) days it may become “dormant”. This means that you will not be able to use the Account or access any credit balance in your Account. To access a dormant Account or claim any credit balance in the Account, you will have to contact us through our Call Centre or visit any of our branches. We may ask you for information and documents to support your claim. We will give you at least 1 (one) month’s written notice before your Account becomes dormant. When you claim a dormant balance, we will add interest to your balance if it would have earned interest had your Account not become dormant. If the interest terms that last applied before your Account became dormant have ceased to be offered, the amount of interest will be the amount that we paid on similar accounts and balances in the relevant period.

Appears in 10 contracts

Samples: Personal Client Agreement, Personal Client Agreement, Personal Client Agreement

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Dormant Accounts. If you do not use your Account for a period of up to 90 (ninety) days long time it may become dormant. This means that you will not be able unable to use the Account or access any credit balance in your Account. To access a Account until you have contacted us and claimed the dormant Account or claim any credit balance in the Account, you will have to contact us through our Call Centre or visit any of our branchesbalance. We may ask you for information and documents to support your claim. We will give you at least 1 (one) month’s written notice before your Account becomes dormant. When you claim a dormant balance, balance we will add interest to your balance if it would have earned interest had your Account not become dormant. If the interest terms that last applied before your Account became dormant have ceased to be offered, the amount of interest will be the amount that we paid on similar accounts and balances in the relevant period.

Appears in 5 contracts

Samples: Personal Client Agreement, Personal Client Agreement, Personal Client Agreement

Dormant Accounts. If you do not use your Account for two years or if your Account has a period of up to 90 (ninety) days nil balance, it may become dormant. This means that you will not be able are unable to use the Account or access any credit balance in your Account. To access a Account until you have contacted us and claimed the dormant Account or claim any credit balance in the Account, you will have to contact us through our Call Centre or visit any of our branchesbalance. We may ask you for information and documents to support your claim. We will give you at least 1 (one) one month’s written notice before your Account becomes dormant. When you claim a dormant balance, balance we will add interest to your balance and debit any fees against your balance if it you would have earned interest or been subject to our fees had your Account not become dormant. If the particular interest terms that last applied before your Account became dormant have ceased to be offered, the amount of interest will be the amount that we paid on similar accounts and balances in the relevant period.

Appears in 1 contract

Samples: Personal Banking Agreement

Dormant Accounts. If you do not use your Account for a period of up to 90 (ninety) days two years, or if your Account has a nil balance, it may become dormant. This means that you will not be able to use the Account or access any credit balance in your Account. To access a dormant Account or claim any credit balance in in the Account, you will have to contact us through our Call Centre or visit any of our branchesus. We may ask you for information and documents to support your claim. We may be required transfer a credit balance to a regulatory authority under the Law. We will give you at least 1 (one) month’s a reasonable written notice before when your Account becomes dormant. When you claim a dormant balance, balance we will add interest to your balance if it you would have earned interest had your Account not become dormant. If the particular interest terms that last applied before your Account became dormant have ceased to be offered, the amount of interest will be the amount that we paid on similar accounts and balances in the relevant period.

Appears in 1 contract

Samples: Personal Customer Agreement

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Dormant Accounts. If you do not use your Account for a period of up to 90 (ninety) days long time it may become dormant. This means that you will not be able unable to use the Account or access any credit balance in your Account. To access a Account until you have contacted us and claimed the dormant Account or claim any credit balance in the Account, you will have to contact us through our Call Centre or visit any of our branchesbalance. We may ask you for information and documents to support your claim. We will give you at least 1 (one) month’s written notice before your Account becomes dormant. When you claim a dormant balance, we will add interest to your balance if it would have earned interest had your Account not become dormant. If the interest terms that last applied before your Account became dormant have ceased to be offered, the amount of interest will be the amount that we paid on similar accounts and balances in the relevant period.

Appears in 1 contract

Samples: Business Client Agreement

Dormant Accounts. If you do not use your Account for a period of up to 90 (ninety) days long time, it may become dormant. This means that you will not be able are unable to use the Account or access any credit balance in your Account. To access a Account until you have contacted us and claimed the dormant Account or claim any credit balance in the Account, you will have to contact us through our Call Centre or visit any of our branchesbalance. We may ask you for information and documents to support your claim. We will give you at least 1 (one) one month’s written notice before your Account becomes dormant. When you claim a dormant balance, balance we will add interest to your balance and debit any fees against your balance (if it applicable) if you would have earned interest or been subject to our fees had your Account not become dormant. If the particular interest terms that last applied before your Account became dormant have ceased to be offered, the amount of interest will be the amount that we paid on similar accounts and balances in the relevant period.

Appears in 1 contract

Samples: Personal Customer Agreement

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