Common use of Inactive Accounts Clause in Contracts

Inactive Accounts. If you have not made any transactions over a period of 12 months during which we have been unable to contact you by regular mail, we may classify your account as inactive or dormant. Unless prohibited by applicable law, we may charge a service fee for processing your inactive account. If we impose a fee, we will notify you, as required by law, at your last known address. You authorize us to transfer funds from another account of yours to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts payable and to suspend any further account statements. If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a period specified by the law in the state for the address on your account, the account will be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, and if you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive Accounts. If you have not made any transactions over a period of 12 months during which we have been unable to contact you As allowed by regular mailapplicable law, we may classify your account as inactive or dormantdormant and assess a fee if you have not made any transactions in your account over a specified period of time. Unless prohibited by applicable lawThe period of inactivity, we may charge a service the fee for processing your servicing an inactive or dormant account. If we impose a , and the minimum balance required to avoid the service fee, we will notify youif any, as required by law, at your last known addressare set forth in our Schedule of Fees and Charges. You authorize us to transfer funds from another account of yours to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts account payable or reserve account and to suspend any further account statements. If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a the period specified by the law in the state for the address on your accountlaw, the account will then be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, and if . If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive Accounts. If your account falls below any applicable minimum balance and you have not made any transactions over a period of 12 twelve months during which we have been unable to contact you by regular mail, we may classify your account as inactive or dormant. Unless prohibited by applicable law, we may charge a service fee for processing your inactive account. If we impose a fee, we will notify you, as required by law, at your last known address. You authorize us to transfer funds from another account of yours to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts payable and to suspend any further account statements. If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a period specified by the law in the state for the address on your account, the account will be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, funds and if you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive Accounts. If you have not made any transactions over a period of 12 months during which we have been unable to contact you by regular maila year, 365 days, we may classify your account as inactive or dormant. Unless prohibited by applicable law, we may charge a service fee as stated in the Fee Schedule for processing your inactive account. If we impose a fee, we will notify you, as required by law, at your last known address. You authorize us to transfer funds from another account of yours to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts account payable and to suspend any further account statements. If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a the period specified by the law in the state for the address on your accountlaw, the account will be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, funds and if you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive Accounts. If you have not made any transactions over a withdrawal from, deposit to, or transfer involving your account for more than the period of 12 months during which we have been unable to contact you by regular mailspecified in the Fee Schedule, we may classify your account as an inactive or dormantaccount. Unless prohibited by applicable law, we may charge a service fee for processing continuing to process your inactive account. If we impose a fee, we will notify you, account as required by law, at your last known addressset forth in the Fee Schedule. You authorize us to transfer funds from another account of yours to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts account payable and to suspend any further account statements. If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a the period specified by the law in the state for the address on your accountlaw, the account will be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, and if you choose to reclaim such funds, funds you must apply to the appropriate state agency.

Inactive Accounts. If you have not made any transactions over a period of 12 months during which we have been unable to contact you As allowed by regular mailapplicable law, we may classify your account as inactive or dormantdormant and assess a fee if you have not made any transactions in your account over a specified period of time. Unless prohibited by applicable lawThe period of inactivity, we may charge a service the fee for processing your servicing an inactive or dormant account. If we impose a , and the minimum balance required to avoid the service fee, we will notify youif any, as required by law, at your last known addressare set forth in our Schedule of Fees and Charges. You authorize us to transfer funds from another account of yours to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts account payable or reserve account and to suspend any further account statements. If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a the period specified by the law in the state for the address on your accountlaw, the account will then be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, and if . If you choose to reclaim such funds, you must apply to the appropriate state agency. Changes from the most recent version of the Agreement appear in bold.

Inactive Accounts. If your account falls below any applicable minimum balance or if you have not made any transactions over a period of 12 months during which we have been unable to contact you by regular mailfor twelve (12) consecutive months, we may classify your account as inactive or dormantinactive. Unless prohibited by applicable law, we may charge a service fee as set forth on the Rate and Fee Schedule for processing your inactive account. If we impose a fee, we will notify you, as required by law, at you on your last known addressstatement. You authorize us to transfer funds from another account of yours to cover any service feesfee, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an accounts account payable and to suspend any further account statements. Dormant/Abandoned Accounts If a deposit or withdrawal has not been made on the account and we have had no other sufficient contact with you within a period five (5) years as specified by the law in the state for the address on your accountlaw, the account will be presumed to be dormant or abandoned. Funds in abandoned Abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds, and if you choose to reclaim such funds, you must apply to the appropriate state agency.