Passbook Savings. You may make withdrawals from Passbook Savings accounts only when you present your passbook to the Bank. No ATM transactions or ACH or electronic debits are permitted. If your passbook is lost, stolen, or destroyed, the Bank may require you to sign an indemnification agreement and wait 30 days before you may withdraw funds.
Passbook Savings. You may make withdrawals from Passbook Savings accounts only when you present your passbook to the Bank. No ATM transactions or ACH or electronic debits are permitted. If your passbook is lost, stolen, or destroyed, the Bank may require you to sign an indemnification agreement and wait 30 days before you may withdraw funds. Some Passbook Savings accounts are opened as Holiday Club Passbook Savings accounts. They are governed by all the same rules as Passbook Savings accounts, except withdrawals are not permitted without a penalty, as shown on the accompanying Schedule of Fees and Service Charges, and in October of each year, the Bank will either send you a check with all funds accumulated in your account or transfer these funds to another account at the Bank. Holiday Club Passbook Savings accountholders are also required to open and maintain a checking account at the Bank.
Passbook Savings. If Section III/IV Eligible Client has no valid HKD deposit account, the Bank will credit to the Section III/IV Eligible Client’s USD deposit account in the above sequence. If the Section III/IV Eligible Client has more than one account under same account type, the Bank will select any one of the accounts with the latest account opening date for the crediting at its discretion.
Passbook Savings. If the Eligible Client has no valid HKD deposit account, the Bank will credit to the Eligible Client’s USD deposit account in the above sequence. If the Eligible Client has more than one account under same account type, the Bank will select any one of the accounts with the latest account opening date for the crediting at its discretion.
