Late Settlement. 16.3.1 If you fail to pay the amount due on your dealing account, interest will be payable by you at a typical unauthorised overdraft rate from the due settlement date. This interest rate will be applicable to all debits arising on your account at NatWest unauthorised overdraft rates. Where sales proceeds have been reinvested, interest calculated on a similar basis will be payable by you if you fail to deliver stock and transfer deeds by the due settlement date. Any additional expenses incurred Terms & Conditions - 7 will also be payable by you.
Late Settlement. If you fail to pay an amount due, on an ordinary dealing account, interest will be payable by you at a rate of 10% over Bank of Scotland Plc Base Rate as from the due settlement date. This interest rate will be applicable to all debits arising on your account.
Late Settlement. 3.12 If any portion of the purchase price is not paid upon the due date for payment, then, provided that the vendor provides reasonable evidence of the vendors ability to perform any obligation the vendor is obliged to perform on that date in consideration for such payment: