Inactive and Dormant Accounts. 10.1. An account shall be considered as Inactive in the absence of any activity for a period of ninety (90) consecutive days. Any Inactive Account, holding zero (0) balance / equity, shall be treated as dormant accounts. The Company reserves the right to close your account if classified as dormant within HYCM.
Inactive and Dormant Accounts. 41.1. Any Trading Account(s), held with us where you have:
Inactive and Dormant Accounts. We may consider a Deposit Account to be “inactive” after a period of no owner-initiated activity (120 days). After a period of “inactive” status (120 days), we may consider a bank Account to be “dormant”, at which time it will be closed and funds sent back to your linked external account. If the account becomes inactive or dormant, the account will continue to be subject to any service charges in accordance with our schedule of fees. If an account becomes inactive we will notify you with specific instructions on how to restore the account to an active status.
Inactive and Dormant Accounts. 9.1 AXIORY reserves the right, in its sole and absolute discretion, to terminate any inactive Partner, having zero (0) balance in its account, without further notice.
Inactive and Dormant Accounts. If you have not made a withdrawal, deposit, or transfer on a particular account for more than one (1) year, the Credit Union may classify your account as inactive and charge an inactive account service fee, as allowed by applicable law and set forth on the Rate and Fee Schedule. Dividends will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee, as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed. You authorize us to transfer funds from an available account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account, and the Credit Union has had no other verified contact with you for three (3) years, the account will be presumed to be abandoned, as required by the Uniform Unclaimed Property Act. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has 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 and Dormant Accounts. We will consider an Account “inactive” when it has had no transaction history other than dividend postings and we cannot verify the Owner’s current address for a period of 6 months or more. We will consider an Account “dormant” when it has had no transaction history other than dividend postings and we cannot verify the Owner’s current address for a period of 3 years or more. Although having no obligation to do so, we may choose not to classify a particular Account as either inactive or dormant if any Owner has other active Accounts or services. Dormant Account funds may be transferred to a special reserve for dormant Accounts. You may be charged fees (as contained in our Fee Schedule) for an inactive or dormant Account. We will follow state law in determining when an Account will be considered “abandoned and escheatable.” After we turn abandoned and escheatable funds to the state, we will have no further liability for those funds and you must apply to the appropriate state agency.
Inactive and Dormant Accounts. 37.1. A trading account shall be classified as Inactive Account where you have not proceeded with any transactions such as deposits, withdrawals and/ or any trading activity ( open/ close positions and place trades) for a period of at least 60 days or more.
Inactive and Dormant Accounts. 42.1. Any Trading Account(s), held with us where you We reserve the right to charge the Inactivity Fee retroactively for any month in which we had the right to charge it but did not do so for technical reasons.
Inactive and Dormant Accounts. Trading Accounts with no trading activity (open trade or deposit) for a consecutive period of 60 days shall be classified as Inactive Accounts. Inactive Accounts will be charged with an Inactivity Fee as follows: Inactive Period Monthly Inactivity Fee Over 61 Days An Inactivity Fee of 160 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 61 days of inactivity, retroactive for the whole dormant period Over 91 Days An Inactivity Fee of 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 91 days of inactivity, retroactive for the whole dormant period Over 121 Days An Inactivity Fee of 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 121 days of inactivity, retroactive for the whole dormant period Over 151 Days An Inactivity Fee of 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 151 days of inactivity, retroactive for the whole dormant period Over 181 Days An Inactivity Fee of 200 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 181 days of inactivity Over 211 Days An Inactivity Fee of 200 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 211 days of inactivity Over 241 Days An Inactivity Fee of 200 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 241 days of inactivity Over 271 Days An Inactivity Fee of 500 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 271 days of inactivity Over 301 Days An Inactivity Fee of 500 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 301 days of inactivity Over 331 Days An Inactivity Fee of 500 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 331 days of inactivity Where you have more than one (1) Trading Account and all such Trading Accounts are considered as Inactive Accounts, please note that the Inactivity Fee shall be charged separately for each of the respective Trading Account.
Inactive and Dormant Accounts. We may consider a Deposit Account to be inactive after a period of no owner-initiated activity of 1 year. After the Account has been deemed inactive, we may consider a Deposit Account to be dormant, at which time it will be closed. However, if we close your Account for inactivity, state escheat laws may, depending on the length of the inactivity, require us to transfer your balance to a state agency. If this occurs, you may be able to file a claim with that agency to recover the funds. If the Account becomes inactive or dormant, the Account will continue to be subject to any service charges in accordance with our Schedule of Fees and Charges. If an Account becomes inactive, we will notify you with specific instructions on how to restore the Account to an active status without the need to make any transactions.
