Common use of Earning/Paying Interest Clause in Contracts

Earning/Paying Interest. Interest begins to accrue one or two business days after the Bank receives and credits the deposit to your account. Cash and certain other items will begin to earn interest on the business day of your deposit. Your account earns interest daily provided you maintain in your account the minimum collected balance applicable to your account. Interest is paid by crediting your account at the end of each statement cycle (approximately a 30 day period). If you close your account before the end of a statement cycle, you do not forfeit any unpaid interest. If the balance on deposit in your account falls below the applicable minimum collected balance on any day during a statement cycle (approximately a 30 day period), your account will not earn interest for that day.

Earning/Paying Interest. Interest begins to accrue one or two business days after the Bank receives and credits the deposit to your account. Cash and Cashand certain other items will begin to earn interest on the business day of your deposit. Your account earns interest daily provided you maintain in your inyour account the minimum collected balance applicable to your account. Interest is paid by crediting your creditingyour account at the end of each statement cycle (approximately a 30 day period). If you close your account before the end of a statement cycle, you do not forfeit any unpaid interest. If the balance on deposit in your account falls below the applicable minimum collected balance on any day anyday during a statement cycle (approximately a approximatelya 30 day period), your account will not earn interest earninterest for that day.

Earning/Paying Interest. ‌ Interest begins to accrue one or two business days after the Bank receives and credits the deposit to your account. Cash and certain other items will begin to earn interest on the business day of your deposit. Your account earns interest daily provided you maintain in your account the minimum collected balance applicable to your account. Interest is paid by crediting your account at the end of each statement cycle (approximately a 30 30-day period). If you close your account before the end of a statement cycle, you do not forfeit any unpaid interest. If the balance on deposit in your account falls below the applicable minimum collected balance on any day during a statement cycle (approximately a 30 30-day period), your account will not earn interest for that day.

Earning/Paying Interest. ‌ Interest begins to accrue one or two business days after the Bank receives and credits the deposit to your account. Cash and certain other items will begin to earn interest on the business day of your deposit. Your account earns interest daily provided you maintain in your account the minimum collected balance applicable to your account. Interest is paid by crediting your account at the end of each statement cycle (approximately a 30 day period). If you close your account before the end of a statement cycle, you do not forfeit any unpaid interest. If the balance on deposit in your account falls below the applicable minimum collected balance on any day during a statement cycle (approximately a 30 day period), your account will not earn interest for that day.

Earning/Paying Interest. Interest begins to accrue one or two business days after the Bank receives and credits the deposit to your account. Cash and certain other items will begin to earn interest on the business day of your deposit. Your account earns interest daily provided you maintain in your account the minimum collected balance applicable to your account. Interest is paid by crediting your account at the end of each statement cycle (approximately a 30 30-day period). If you close your account before the end of a statement cycle, you do not forfeit any unpaid interest. If the balance on deposit in your account falls below the applicable minimum collected balance on any day during a statement cycle (approximately a 30 30-day period), your account will not earn interest for that day.