Common use of FEES & REQUIREMENTS Clause in Contracts

FEES & REQUIREMENTS.  The account balances will accrue interest as decided by THE BANK, during the period determined by THE BANK and at the rate THE BANK decides. THE BANK will notify anouncing in the branches the interest payment system and how they are calculated.  The linked accounts will not make transfers of funds nor the concentrator account will generate interest, unless the linked accounts comply with the minimum amount established by the Bank.  THE BANK, at its discretion, may refuse to receive any transaction, or return it at any time, totally or partially.  The depositor authorizes THE BANK irrevocably to debit the account directly, without prior notice and at any time, the bank charges established in this regulation and amendments, and the amount used by the customer against check deposits that result without funds, counterfeit or in any other defective form, and for the amount of any compensation, obligation or payment owed to THE BANK by the depositor for any reason, whether as principal debtor, co-debtor, guarantor, overdue or pending. Similarly, THE BANK has the right to charge any other account that the customer has in THE BANK with the amount of any other compensation, obligation or payment that the customer owes to THE BANK for this Concentrator Account.

FEES & REQUIREMENTS.  The account balances will accrue interest as decided by THE BANK, during the period determined by THE BANK and at the rate THE BANK decides. THE BANK will notify anouncing in the branches the interest payment system and how they are calculated.  • The linked accounts will not make transfers of funds nor the concentrator account will generate interest, unless the linked accounts comply with the minimum amount established by the Bank.  • THE BANK, at its discretion, may refuse to receive any transaction, or return it at any time, totally or partially.  • The depositor authorizes THE BANK irrevocably to debit the account directly, without prior notice and at any time, the bank charges established in this regulation and amendments, and the amount used by the customer against check deposits that result without funds, counterfeit or in any other defective form, and for the amount of any compensation, obligation or payment owed to THE BANK by the depositor for any reason, whether as principal debtor, co-debtor, guarantor, overdue or pending. Similarly, THE BANK has the right to charge any other account that the customer has in THE BANK with the amount of any other compensation, obligation or payment that the customer owes to THE BANK for this Concentrator Account.