Common use of Minimum Account Balance Clause in Contracts

Minimum Account Balance. The Bank may require a minimum Account opening balance or equivalent value in addition to related Fees per Personal or Business Account. Should your Account opening balance fall below these minimum balances, you will receive a notice of the deficiency. The Bank has the right in its sole discretion to close Accounts or reject Bank account applications for Accounts that fall below, or would not meet, the minimum required Account opening balances. The Bank may charge Fees against your Account so long as they remain under the minimum required opening balance.

Minimum Account Balance. The Bank may require a minimum Account opening balance or equivalent value in addition to related Fees per Personal or Business Accountbalance. Should your Account opening balance fall below these minimum balances, you will receive a notice of the deficiency. The Bank has the right in its sole discretion to close Accounts or reject Bank account Account applications for Accounts that fall below, or would not meet, the minimum required Account opening balances. The Bank may charge Fees against your Account so long as they remain under the minimum required opening balance.