Freezing Your Account. If we decide to close your Account, we may freeze it. If we do this, we may, in our discretion, either accept or return deposits and other Items that we may receive after we freeze your Account without being liable to you. If at any time we believe that your Account may be subject to irregular, unauthorized, fraudulent or illegal activity, we may, in our discretion, freeze the funds in the Account and in other accounts you maintain with us, without liability to you, until such time we can complete our investigation of the account and transactions. If we do freeze the funds in your Account, we will provide you with a notice. We may not provide this notice to you prior to freezing the Account if we believe that such notice could result in a security risk to us or the owner of the funds in the Account, or to comply with applicable law.
Freezing Your Account. We may freeze or restrict access to your Account and other accounts that you maintain or control with us if we decide to close your Account or we suspect any suspicious, unauthorized or unlawful activities, without liability to anyone. During this time, we may either accept or return deposits, checks and other items. We will provide notice to you as soon as reasonably possible, which may be after we freeze or restrict your access to the account(s). HEADINGS Headings in this document are for reference only and are not binding.
Freezing Your Account. As part of our loss prevention program, when we suspect that irregular, unauthorized, fraudulent or illegal activities may be occurring in connection with your account, we may “freeze” (or place an All Funds hold on) the balance in your account (and in other accounts you maintain with us) pending an investigation of such suspected activities. We may in our discretion either accept or return deposits and other items that we receive after we freeze your account without being liable to you. If we do freeze your account funds, we will provide notice to you as soon as reasonably possible. Closing Your Account If you intend to close your account, you must advise us. Simply transferring all of the funds out of your account or reducing your account balance to $0.00 is insufficient notice. You may close your account at any time by calling us at 000-000-0000. Any request to close your account will be effective only after we have received your request and we have had a reasonable time to act on such request. We may close an account at any time, without prior notice, such as where we, in our sole discretion, note any unusual or excessive patterns or activities including, without limitation, the use of the account in an illicit, exploitative, or abusive manner. If your account is closed by us, we may, in our sole discretion, (1) send you a bank check for the final balance in your account by ordinary mail to your most recent address shown in our records, (2) transfer the balance to another account you maintain with us, or (3) take any other appropriate action. Also, we reserve the right to close your account if your account balance (1) remains zero for sixty (60) or more days or (2) falls below the minimum required balance for ninety (90) days or more. If your account is overdrawn when we close it, you agree to pay promptly all amounts owed to us. We are not liable for any damages or liabilities resulting from the termination of an account relationship. Once your account is closed, it will not be automatically reopened under any circumstances. We will not be liable to you for dishonoring any item drawn on or debited from your account and presented to us for payment after your account has been closed. The closing of your account will not affect any of your or our rights and obligations which have arisen before the effective date of the closing of your account. This agreement will survive the closing of your account.
Freezing Your Account. 5.1 We agree that if you experience a difficult financial circumstance (as defined below) and you request us to freeze your account by telephoning the plan helpline in accordance with B20.4.2, we will, subject to the terms and conditions set out below, freeze your account for as long as the difficult financial circumstance continues to apply, up to a maximum period of 24 months per event (or series of connected events).
Freezing Your Account. If USB suspects that irregular, unauthorized, or unlawful activities may be involved with your account, USB may “freeze” (or place a hold on) the balance in your account and in other USB accounts, without any liability to you, pending an investigation of such suspected activities. If USB freezes your account, USB gives any notice required by law. USB may require reasonable advance notice for large cash withdrawals. USB may refuse to honor a request to withdraw funds in cash from your account if USB believes that the amount is unreasonably large or that honoring the request would cause USB an undue hardship or security risk. USB is not responsible for providing for your security in any such transactions.
