Common use of Notice Accounts Clause in Contracts

Notice Accounts. 2.14.1. We may offer Notice Accounts from time to time. 2.14.2. Funds may only be withdrawn after the relevant notice period for the Notice Account has elapsed. 2.14.3. The funds will receive interest at the rate applicable to the Notice Account as specified in our Interest Rate Schedule or otherwise agreed with you until the Business Day before withdrawal. Credit interest will be credited to your Notice Account (or other nominated Account). 2.14.4. Interest is calculated from the date cleared funds are deemed to have been received, until the Business Day before withdrawal. 2.14.5. Interest is paid monthly and is normally paid gross, unless there are circumstances in which we are required to pay net interest. We are obliged to notify HMRC annually of all interest paid, unless specifically exempted from doing so. 2.14.6. If we make changes to interest rates, these will be done in accordance with term 2.11 provided that if the interest rate change is not to your advantage, we will give you advance notice of at least the same term as the notice period applicable to your Notice Account. We also reserve the right to add, amend or withdraw interest rate tiers to the Notice Account upon giving you advance notice of at least the same term as the notice period applicable to your Notice Account. 2.14.7. When notice of withdrawal is given, the notice period begins on the day of receipt by us (provided it is a Business Day) of the withdrawal notice. Once notice of withdrawal has been given, it is not possible for that request to be cancelled. The funds will be moved to a Fixed Term Deposit Account with the same term as the notice period for your Notice Account. Your interest rate will not change when the funds are moved, however interest will only be paid at the end of the fixed term instead of monthly. The AER is adjusted to take this into account. 2.14.8. Funds (including interest) will be paid out on the expiry of the notice period and placed into your Current Account. Where the final day is not a Business Day, funds will be paid out on the next Business Day. 2.14.9. Requests relating to withdrawals or closure that are received outside of any specified notice period, may be considered by us and decided at our discretion, and will only be permitted in exceptional circumstances or in the event of your death (or, in the case of joint Accounts, the death of one of you). Any breakage will be carried out in line with our breakage policy, which is available from your Private Banker or on request. 2.14.10. We reserve the right to close the Notice Account to new funds before the nominated closure date.

Notice Accounts. 2.14.12.13.1. We may offer Notice Accounts from time to time. 2.14.22.13.2. Funds may only be withdrawn after the relevant notice period for the Notice Account has elapsed. 2.14.32.13.3. The funds will receive interest at the rate applicable to the Notice Account as specified in our Interest Rate Rates Schedule for Commercial Clients or otherwise agreed with you until the Business Day before withdrawal. Credit interest will be credited to your Notice Account (or other nominated Account). 2.14.42.13.4. Interest is calculated from the date cleared funds are deemed to have been received, until the Business Day before withdrawal. 2.14.52.13.5. Interest is paid monthly and is normally paid gross, unless there are circumstances in which we are required to pay net interest. We are obliged to notify HMRC annually of all interest paid, unless specifically exempted from doing so. 2.14.62.13.6. If we make changes to interest rates, these will be done in accordance with term 2.11 2.10 provided that if the interest rate change is not to your advantage, we will give you advance notice of at least the same term as the notice period applicable to your Notice Account. We also reserve the right to add, amend or withdraw interest rate tiers to the Notice Account upon giving you advance notice of at least the same term as the notice period applicable to your Notice Account. 2.14.72.13.7. When notice of withdrawal is given, the notice period begins on the day of receipt by us (provided it is a Business Day) of the withdrawal notice. Once notice of withdrawal has been given, it is not possible for that request to be cancelled. The and funds will be moved to a Fixed Term Deposit Account with the same term as the notice period for your Notice Account. Your interest rate will not change when the funds are moved, however interest will only be paid at the end of the fixed term instead of monthly. The AER is adjusted to take this into account. 2.14.8. Funds (including interest) will be paid out on the expiry final day of the notice period and placed into your Current Accountperiod. Where the final day is not a Business Day, funds will be paid out on the next Business Day. 2.14.92.13.8. Once notice of withdrawal has been given, it is not possible for that request to be cancelled. Funds will be placed into your Current Account following the expiry of the notice period. 2.13.9. Requests relating to withdrawals or closure that are received outside of any specified notice period, may period will be considered by us and decided at our absolute discretion, and will only be permitted in exceptional circumstances or in the event of your death (or, in the case of joint Accounts, the death of one of you)circumstances. Any breakage will be carried out in line with our breakage policy, which is available from your Private Banker or on us upon request. 2.14.102.13.10. We reserve the right to close the Notice Account to new funds before the nominated closure date.

Notice Accounts. 2.14.1. We may offer Notice Accounts from time to time. 2.14.2. Funds may only be withdrawn after the relevant notice period for the Notice Account has elapsed. 2.14.3. The funds will receive interest at the rate applicable to the Notice Account as specified in our Interest Rate Schedule or otherwise agreed with you until the Business Day before withdrawal. Credit interest will be credited to your Notice Account (or other nominated Account). 2.14.4. Interest is calculated from the date cleared funds are deemed to have been received, until the Business Day before withdrawal. 2.14.5. Interest is paid monthly and is normally paid gross, unless there are circumstances in which we are required to pay net interest. We are obliged to notify HMRC annually of all interest paid, unless specifically exempted from doing so. 2.14.6. If we make changes to interest rates, these will be done in accordance with term 2.11 provided that if the interest rate change is not to your advantage, we will give you advance notice of at least the same term as the notice period applicable to your Notice Account. We also reserve the right to add, amend or withdraw interest rate tiers to the Notice Account upon giving you advance notice of at least the same term as the notice period applicable to your Notice Account. 2.14.7. When notice of withdrawal is given, the notice period begins on the day of receipt by us (provided it is a Business Day) of the withdrawal notice. Once notice of withdrawal has been given, it is not possible for that request to be cancelled. The funds will be moved to a Fixed Term Deposit Account with the same term as the notice period for your Notice Account. Your interest rate will not change when the funds are moved, however interest will only be paid at the end of the fixed term instead of monthly. The AER is adjusted to take this into account.account.‌‌‌‌ 2.14.8. Funds (including interest) will be paid out on the expiry of the notice period and placed into your Current Account. Where the final day is not a Business Day, funds will be paid out on the next Business Day. 2.14.9. Requests relating to withdrawals or closure that are received outside of any specified notice period, may be considered by us and decided at our discretion, and will only be permitted in exceptional circumstances or in the event of your death (or, in the case of joint Accounts, the death of one of you). Any breakage will be carried out in line with our breakage policy, which is available from your Private Banker or on request. 2.14.10. We reserve the right to close the Notice Account to new funds before the nominated closure date.

Notice Accounts. 2.14.1. We may offer Notice Accounts from time to time. 2.14.2. Funds may only be withdrawn after the relevant notice period for the Notice Account has elapsed. 2.14.3. The funds will receive interest at the rate applicable to the Notice Account as specified in our Interest Rate Rates Schedule for Commercial Clients or otherwise agreed with you until the Business Day before withdrawal. Credit interest will be credited to your Notice Account (or other nominated Account). 2.14.4. Interest is calculated from the date cleared funds are deemed to have been received, until the Business Day before withdrawal. 2.14.5. Interest is paid monthly and is normally paid gross, unless there are circumstances in which we are required to pay net interest. We are obliged to notify HMRC annually of all interest paid, unless specifically exempted from doing so. 2.14.6. If we make changes to interest rates, these will be done in accordance with term 2.11 provided that if the interest rate change is not to your advantage, we will give you advance notice of at least the same term as the notice period applicable to your Notice Account. We also reserve the right to add, amend or withdraw interest rate tiers to the Notice Account upon giving you advance notice of at least the same term as the notice period applicable to your Notice Account. 2.14.7. When notice of withdrawal is given, the notice period begins on the day of receipt by us (provided it is a Business Day) of the withdrawal notice. Once notice of withdrawal has been given, it is not possible for that request to be cancelled. The and funds will be moved to a Fixed Term Deposit Account with the same term as the notice period for your Notice Account. Your interest rate will not change when the funds are moved, however interest will only be paid at the end of the fixed term instead of monthly. The AER is adjusted to take this into account. 2.14.8. Funds (including interest) will be paid out on the expiry final day of the notice period and placed into your Current Accountperiod. Where the final day is not a Business Day, funds will be paid out on the next Business Day. 2.14.8. Once notice of withdrawal has been given, it is not possible for that request to be cancelled. Funds will be placed into your Current Account following the expiry of the notice period. 2.14.9. Requests relating to withdrawals or closure that are received outside of any specified notice period, may period will be considered by us and decided at our absolute discretion, and will only be permitted in exceptional circumstances or in the event of your death (or, in the case of joint Accounts, the death of one of you)circumstances. Any breakage will be carried out in line with our breakage policy, which is available from your Private Banker or on us upon request. 2.14.10. We reserve the right to close the Notice Account to new funds before the nominated closure date.