Making a Deposit Sample Clauses

Making a Deposit. 7.1. You can only make one deposit into your account at the time we open it for you. You cannot make further deposits into your account, but you can open as many accounts as you like subject to the terms and conditions of those accounts. 7.2. You can make your deposit by wire transfer or alternatively by personal cheque, paid from a UK bank account in your name (your Nominated Account). 7.3. We will usually bank your cheque no later than the working day after we receive it. In common with standard UK cheque clearing cycles, your cheque will clear within six working days but you will start to earn interest sooner than this (see section 9). You can find out more information about cheque clearing cycles at xxx.xxxxxxxxxxxxxxx.xx.xx. 7.4. We do not accept deposits made by bankers draft or in cash. 7.5. The minimum and maximum allowable amounts that you may deposit are set out in the Product Literature. If you send us a cheque or an electronic funds transfer for an amount which is lower than our minimum allowable deposit or higher than our maximum allowable deposit we will return it to you without processing it and you will not earn any interest for the period we hold it. 7.6. If your application is made online and we have not received your funds within 10 working days, we will assume you no longer wish to proceed and we will cancel your application.
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Making a Deposit. (1) Deposits to the deposit account must be in the currencies stipulated by The Bank. (2) The minimum amount and unit that can be deposited into this deposit account for each currency is defined by The Bank separately. Upper limit may also be set for the time deposit. (3) A deposit to this deposit account is done by transferring money from savings account in The Bank with the same currency under the name of the customer. (4) Application for making a deposit to this deposit account (including verbal, written, and other methods) is done according to the procedure stipulated by The Bank. (5) During the above application, please indicate exactly the deposit date, deposit amount, deposit period, maturity treatment method, and other specified matters for the time deposit in foreign currency. The Bank is not responsible for any damages that arise from mistakes in notation.
Sample 1

Related to Making a Deposit

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.” (b) The Xxxxxxx Money Deposit shall be held by Escrow Agent subject to the terms and conditions of an Escrow Agreement dated as of the date of this Contract entered into by Seller, Buyer and Escrow Agent (the “Escrow Agreement”). The Xxxxxxx Money Deposit shall be held in an interest-bearing account in a federally insured bank or savings institution reasonably acceptable to Seller and Buyer, with all interest to accrue to the benefit of the party entitled to receive it and to be reportable by such party for income tax purposes; provided, however, to the extent that Buyer instructs the Escrow Agent to apply the Xxxxxxx Money Deposit toward the Purchase Price in accordance with Section 2.4, interest shall be deemed to have accrued to the benefit of Buyer and be reportable by Buyer for income tax purposes.

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