Common use of Special conditions on Demand Deposits Clause in Contracts

Special conditions on Demand Deposits. 14.5.1 In case of saving deposit the interest shall accrue on the balance existing on deposit account at the end of operation day. 14.5.2 In case of “my safe” deposit interest shall accrue on the least balance existing on the deposit account commencing from the first day of calendar month until (inclusive) the last day of the same month. 14.5.3 Accrued interest on the demand deposit (meaning the saving and the “my safe” deposits) shall be credited to the indicated account of the depositor’s on the monthly basis, on the last day of each calendar month. In the event the last day of the calendar month is a holiday, the accrued interest shall be credited on the following working day. 14.5.4 The depositor can freely, without any restrictions deposit onto the demand deposit account and/or withdraw/transfer the funds therefrom (within the depositor’s account). 14.5.5 The bank shall have the right to amend the interest rate on demand deposits and/or the method of accrual of interest rate unilaterally, at its sole discretion by way of 2 (two) calendar days advance notice by way of disseminating the relevant information at its branches and service centers or through placement on web site at xxx.xxxxxxx.xx.

Appears in 9 contracts

Samples: Banking Operations Agreement, Banking Operations Agreement, Banking Operations Agreement

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Special conditions on Demand Deposits. 14.5.1 In case of saving deposit the interest shall accrue on the balance existing on deposit account at the end of operation day. 14.5.2 In case of “my safe” deposit interest shall accrue on the least balance existing on the deposit account commencing from the first day of calendar month until (inclusive) the last day of the same month. 14.5.3 Accrued interest on the demand deposit (meaning the saving and the “my safe” deposits) shall be credited to the indicated account of the depositor’s on the monthly basis, on the last day of each calendar month. In the event the last day of the calendar month is a holiday, the accrued interest shall be credited on the following working day. 14.5.4 The depositor can freely, without any restrictions deposit onto the demand deposit account and/or withdraw/transfer the funds therefrom (within the depositor’s account). 14.5.5 The bank shall have the right to amend the interest rate on demand deposits and/or the method of accrual of interest rate unilaterally, at its sole discretion by way of 2 1 (twoone) calendar days month in advance notice by way of disseminating the relevant information at its branches and service centers or through placement on web site at xxx.xxxxxxx.xx, If the Bank unilaterally revises the interest rate on demand deposits, the Customer shall be given 1 (one) month’s prior notice thereof with text message.

Appears in 3 contracts

Samples: Banking Transactions Agreement, Banking Transactions Agreement, Banking Transactions Agreement

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Special conditions on Demand Deposits. 14.5.1 15.5.1 In case of saving deposit the interest shall accrue on the balance existing on deposit account at the end of operation day. 14.5.2 15.5.2 In case of “my safe” deposit interest shall accrue on the least balance existing on the deposit account commencing from the first day of calendar month until (inclusive) the last day of the same month. 14.5.3 15.5.3 Accrued interest on the demand deposit (meaning the saving and the “my safe” deposits) shall be credited to the indicated account of the depositor’s on the monthly basis, on the last day of each calendar month. In the event the last day of the calendar month is a holiday, the accrued interest shall be credited on the following working day. 14.5.4 15.5.4 The depositor can freely, without any restrictions deposit onto the demand deposit account and/or withdraw/transfer the funds therefrom (within the depositor’s account). 14.5.5 15.5.5 The bank shall have the right to amend the interest rate on demand deposits and/or the method of accrual of interest rate unilaterally, at its sole discretion by way of 2 1 (twoone) calendar days month advance notice by way of disseminating the relevant information at its branches and service centers centres or through placement on web site at xxx.xxxxxxx.xx.

Appears in 1 contract

Samples: Banking Operations Agreement

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