Minimum Balance Requirement Sample Clauses

Minimum Balance Requirement. The minimum balance requirement for deposit accounts varies depending on currency and term. Details are available on request. Interest may not be earned if the balance falls below this minimum. Overdrafts are not permitted without the prior approval of the Bank. Creation of an overdraft (created by settlement of a trade or otherwise) in relation to an account does not indicate approval by the Bank.
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Minimum Balance Requirement. In the event the remaining balance on the trading account falls below $0.01, it will be written off the account.
Minimum Balance Requirement. There is no minimum balance.
Minimum Balance Requirement. Call accounts shall be subject to a minimum balance requirement as decided by the Bank and in accordance with the prevailing rates for call accounts.
Minimum Balance Requirement. Current Accounts may be subject to a minimum balance requirement as decided by the Bank. If the minimum balance falls below the limit decided by the Bank. In addition, the Custom- er’s current account shall be debited with maintenance charges, as published. The Bank shall return cheques which have not been honored and other posting media back to the Customer through ordinary or registered post, or any other means as the Bank deems fit, to the last given address, and the Bank shall not be liable for any losses due to postal errors, thefts or for any other liability which may arise in connection with this service to the Customer. Subject to any minimum balance requirement, interest may at the Bank’s absolute discre- tion, be payable on the Customer’s Account(s) balance(s) in accordance with the Bank’s prevailing rates, to be computed on the basis of the daily balance, and paid monthly.
Minimum Balance Requirement. Current Accounts may be subject to a minimum balance requirement as decided by the Bank. If the minimum balance falls below the limit decided by the Bank, the Customer’s current account shall be debited with maintenance charges, as published. - “The Bank shall return cheques which have not been honoured and other posting media back to the Customer through ordinary or registered post, or any other means as the Bank deems fit, to the last given address, and the Bank shall not be liable for any losses due to postal errors, thefts or for any other liability which may arise in connection with this service to the Customer”. - “subject to any minimum balance requirement, interest may at the Bank’s absolute discretion, be payable on the Customer’s Account(s) balance(s) in accordance with the Bank’s prevailing rates, to be computed on the basis of the daily balance, and paid monthly”. B(2) Saving Account
Minimum Balance Requirement. There is no minimum balance requirement for this Account. Average Daily Balance Computation Method Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the Account for the period. The average daily balance is calculated by adding the balance in the Account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle. Accrual of Dividends on Noncash Deposits Dividends will begin to accrue on the business day you deposit noncash items (for example, checks) to your Account..
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Minimum Balance Requirement. From time to time, the Credit Union will establish a minimum balance required to open a Certificate. Refer our Rate Schedule for information about the current minimum balance requirements. You must also maintain a minimum membership balance of $10.00 ($20 in the case of joint accounts) in your Savings Account to maintain a Certificate beyond its next maturity date.
Minimum Balance Requirement. 6.1 From the end of the Testing Period and for the duration of the Agreement, the Client’s trading account with the Bank must have a minimum balance as specified in Schedule 3.
Minimum Balance Requirement. A minimum balance of $5.00 is required in a regular savings account to obtain a card or access device.
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