Common use of Our Right to Place a Hold on Funds Under Special Circumstances Clause in Contracts

Our Right to Place a Hold on Funds Under Special Circumstances. If the Bank Detects activity which is believed to be suspicious, unauthorized or unlawful Varo can restrict access to your account(s).Varo Bank may require you and other parties to the activity to produce documents and/or other materials to support a review of the activity. Funds on deposit in any account with us may be held at our discretion until the source of such funds and/or the activity is properly verified.

Our Right to Place a Hold on Funds Under Special Circumstances. If the Bank’s monitoring of the Varo Bank Detects Account detects activity which is believed to be suspiciousprohibited by the Bank and/or by law, unauthorized or unlawful the Varo can restrict access Bank Account funds will be subject to your account(s).Varo a hold pending review of the activity by the Bank and/or Varo. The Bank and/or Varo may require you and other parties to the activity to produce documents and/or other materials to support a review evidencing the validity of the activity. Funds on deposit in any account with us may be held at our the Bank’s discretion until the source of such funds and/or the activity is properly verified.

Our Right to Place a Hold on Funds Under Special Circumstances. If the Varo Bank Detects detects activity which is believed to be suspicious, unauthorized or unlawful unlawful, Varo Bank can restrict access to your account(s).Varo Savings account, and any other account(s). Varo Bank may require you and other parties to the activity to produce documents and/or other materials to support a review of the activity. Funds on deposit in any account with us may be held at our discretion until the source of such funds and/or the activity is properly verified.