Savings Account. The following provisions are applicable to any savings account with the Bank:
I. each savings account shall be maintained in such currency or currencies as the Bank may, in its discretion, specify and, will be in the form of statement savings account, and from which no withdrawals may be made by way of cheques;
Savings Account. If your Account is a savings account, you may make no more than six (6) pre-authorized withdrawals or transfers during any one (1) calendar month or statement cycle (or similar period of at least four (4) weeks). Pre-authorized transfers are transfers or withdrawals which you have authorized in advance to transfer money from your Account to a third party or to another Account you have with us. Pre-authorized transfers include: (1) Transfers made by check, draft, debit card or Telebank or Internet banking transfers, or other instrument payable to a third party.
Savings Account. You grant us a security interest and pledge and assign to us any and all sums now or later in any Savings Account established by you to secure payment of all of your future and existing obligations under this Agreement and your Account. The Savings Account must be maintained by us unencumbered at all times. You may not assign it to anyone else and it may not be subject to any lien, judgment, attachment, or execution. You may add to the Savings Account at any time; however, to assure proper crediting, do not include any deposits to your Savings Account in the same envelope you use to send us a payment on your Account.
Savings Account. The Subscriber agrees to make Deposits to the Depository in accordance with the Application. The Subscriber may change the manner of making Deposits and/or the amount of the Deposits by arrangement with the Manager. Contributions made on behalf of the Student cannot exceed the RESP Limits. Deposits may be made up to the thirty-first year following the year in which this Agreement was entered into. As of January 1, 2004, no Contribution may be made by the Subscriber on behalf of the Student unless either
Savings Account. A NOW account is a savings account from which we permit an unlimited number of transfers to third parties by check (without regard to whether the term “NOW” is used in its name). The rules for savings accounts described in Sections 2.1 through 2.7 above also apply to a NOW account.
Savings Account. As of the last dividend declaration date, the dividend rate was —————% with an annual percentage yield of ————— % on your account. $10,000.00 or more, the dividend rate paid on the entire balance in your account was —————%, with an annual percentage yield of —————%.
Savings Account. The following provisions are applicable to any savings account with the Bank:
3.1.1 Each savings account shall be maintained in such currency or currencies as the Bank may, in its discretion, specify and, will be in the form of statement savings account or other form as provided for in the respective Country Addendum, and from which no withdrawals may be made by way of cheques unless otherwise provided for in the relevant Country Addendum; and
3.1.2 Where any withdrawal is made from a savings account, the Bank shall immediately discharge its liability by making payment or transfer of the relevant withdrawal amount as instructed by the Account Holder or the Authorized Signatory or by otherwise acting in accordance with the Instructions of the Account Holder or the Authorized Signatory.
Savings Account a. Savings accounts are tiered rate accounts. A tiered rate account pays different dividend rates based on specified balance levels. Click here to see the rates for the specified balance levels. The dividend rate on this tiered rated account is determined each day based on the daily balance, and the rate is applied to the entire balance.
b. Any joint owner may pledge or assign this account as collateral to secure the payment of any loan or loans, and any such pledge or assignment shall not operate to sever or terminate, either in whole or in part, any joint estate or other relationship established by this Agreement.
c. Transaction limitations: During any month, you may not make more than six withdrawals or transfers to another Credit Union account of yours or to a third party by means of preauthorized or automatic transfer or telephonic order or instruction (including 24-hour account access).
Savings Account. If the direct deposit is to be made to a savings account, a letter from the savings bank showing the bank routing number and the employee’s account number is required.
Savings Account.
10.1 A Savings Account may be denominated in such currency as may be acceptable to the Bank and in the form of a Statement Savings Account for which monthly statements will be provided.
10.2 Withdrawals from a Savings Account may be made at the counter of the Bank on demand during the banking hours of the Bank upon production of the requisite withdrawal slip in such form as the Bank may prescribe duly completed and signed or chopped by the Accountholder or any Authorized Signatory using a signature or chop which closely resembles his specimen signature or chop kept by the Bank.
10.3 Withdrawals may not be made by means of cheques, drafts, bills or other instruments.
10.4 Interest will be paid on Savings Account at the Bank’s prevailing Savings Account rate in relation to the particular currency on the daily closing balance in the Savings Account and credited to the Savings Account monthly. Interest may be compounded at such intervals as the Bank may specify. If the average daily balance for a month falls below the minimum deposit amount required by the Bank from time to time, the Bank may pay interest at a lower rate to be determined by the Bank or no interest at all. If the Savings Account is closed other than on an interest payment date, interest will only be paid up to the last day of the preceding calendar month. Any interest payment will be rounded in accordance with the Bank’s usual practice to the nearest unit of amount in the relevant currency.
