Common use of INDIVIDUAL ACCOUNTS ONLY Clause in Contracts

INDIVIDUAL ACCOUNTS ONLY. 10.1 Currently, you may only open an Account with us as an individual. 10.2 Your executor or administrator shall be the only person recognised by us in the event of your death. Upon your death, we are entitled to retain any of your Assets by us, and any monies payable to or credit in any Account until such time that a grant of probate or letters of administration are produced by your executor or administrator. Currently, we only offer individual Accounts (e.g. we do not offer joint accounts). In the event of your death, we will recognise your executor or administrator as the person entitled to operate your Account.

Appears in 3 contracts

Samples: Opening Agreement, Opening Agreement, Opening Agreement

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INDIVIDUAL ACCOUNTS ONLY. 10.1 Currently, you may only open an Account with us as an individual. 10.2 Your executor or administrator shall be the only person recognised by us in the event of your death. Upon your death, we are entitled to retain any of your Assets by us, and any monies payable to or credit in any the Account until such time that a grant of probate or letters of administration are produced by your executor or administrator. Currently, we only offer individual Accounts (e.g. we do not offer joint accounts). In the event of your death, we will recognise your executor or administrator as the person entitled to operate your Account.

Appears in 2 contracts

Samples: Account Opening Agreement, Account Opening Agreement

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INDIVIDUAL ACCOUNTS ONLY. 10.1 Currently, you may only open an Account with us as an individual. 10.2 Your executor or administrator shall be the only person recognised by us in the event of your death. Upon your death, we are entitled to retain any of your Assets by us, and any monies payable to or credit in any Account until such time that a grant of probate or letters of administration are produced by your executor or administrator. Currently, we only offer individual Accounts (e.g. we do not offer joint accounts). In the event of your death, we will recognise your retain any of your Assets by us, and any monies payable to or credit in the Account until such time that a grant of probate or letters of administration are produced by your executor or administrator. executor or administrator as the person entitled to operate your Account.

Appears in 1 contract

Samples: Account Opening Agreement

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