Unclaimed Accounts Sample Clauses

Unclaimed Accounts. The account is considered unclaimed if completes five calendar years (60 months) including dormant accounts stage and the Customer or his/her authorized representative did not execute any DEBIT financial transaction recorded or written instructions regarding transactions and the Bank cannot determine the Customer and all means of contact are exhausted. • In the event that the Customer contacted the Bank to reactivate his account or withdraw the balance during the stage of Unclaimed, then a new account may be opened and transferring the outstanding balance in the Bank’s records to it, or to pay the balance by a Bank cheque or Bank transfer after verifying the identity of the Customer or his legal agent or his inherited agent or authorized person to manage and operate the account (as the case may be)
AutoNDA by SimpleDocs
Unclaimed Accounts. The account is considered unclaimed if completes five calendar years (60 months) from the date of last debit financial transaction. - If the customer come to the bank to reactivate his/her account or withdraw the balance during the stage of Unclaimed, then a new account may be opened and transferring the outstanding balance in the bank’s records to it, or the balance will be given to the customer by a check or banking transfer.
Unclaimed Accounts. The account is considered unclaimed if completes five calendar years (60 months) from the date of last financial transaction. لايرلاب ءاوس� كنبلا ىدل تاباس�لحا حتف في ليمعلا نع ةباين فرس�تلل ةيحلاس�لا لماكب عيقوتلاب نوس�وفلما عتمتي .١ .ةيعرس�لا ةلاكولا/ض�يوفتلا ةيلع ض�ني ام دودح في تاكيس�لا رتافد بلطو ىرخألاا تلامعلاب وأا يدوعس�لا ةيلع ض�ني ام دودح في باس�لحا ليغس�تب ،ليمعلا نع ةباين فرس�تلل ةيحلاس�لا لماكب عيقوتلاب نوس�وفلما عتمتي .2 .ةيعرس�لا ةلاكولا/ض�يوفتلا ةلاكولا/ض�يوفتلا ةيلع ض�ني ام دودح في مهل ةلوخلما تايحلاس�لا لماكب ، لاوحألاا ةفاك في عيقوتلاب نوس�وفلما عتمتي .3 ةيفرس�لما تلايهس�تلا وأا/و ةنئادلا ةدس�رألاا دودح فيو قلطلما مهريدقت بس�ح ، ةيلاتلا تافرس�تلا ءارجإلا ةيعرس�لا ، كنبلا حمس�ي فوس�.ايطخ كلذ يرغب كنبلا ليمعلا رعس�أا اذإا لاإا ليمعلا نع ةباينلاب فرس�تلاب ينلومخ عيقوتلاب ةفاك ليمعلا تاباس�ح نم بحس�ي وأا ىلا لوحي وأا مدقي وأا عدوي نأا عيقوتلاب ض�وفم يألا كلذب نذإا ىلع لوس�لحا نود ةيس�خس�لا تاباس�لحا حلاس�ل فرس�ت يأا رس�ح نودو كلذ في ابم ،ىرخألاا تادوجولما وأا تادنتس�لما وأا ةيلالما غلابلما ض�ني نا ةطيرس� هيرغل وأا كنبلا ىلا ءاوس� ، ض�وفلماب ةس�اخ ةيدرف تامازتلا ديدس�ت وأا عيقوتلاب ينس�وفلماب ةس�الخا .ض�يوفتلا/ةلاكولا في كلذ ىلع ةحارس� عيقوتلا تاميلعت في ةحارس� كنبلا رعس�ي لم ام ليمعلا نع ةباين نيدرفنم فرس�تلاب ينلومخ عيقوتلاب نوس�وفلما برتعي .٥ .رخآا ض�وفم عم نماس�تلاب فرس�تي نأا بجي ض�وفم يأا نأا لس�فنم باطخ في وأا نم اقافخإا وأا افرس�ت لاوحألاا ةفاك في عيقوتلاب ض�وفم يأا لبق نم فرس�تلا ذاختا في قافخإا وأا فرس�ت يأا برتعي .٦ .هس�فن ليمعلا لبق .كلذ ىلع ةقفاولماو ايطخ كنبلا راطخإا متيس�ف رخآا )عيقوتلاب ض�وفم( ليكول ليمعلا ض�يوفت لاح في .٧ .ليمعلا ىلع عفدلا ةقحتس�م تامازتلا ةيأا ديس�رلا كلذ ىلع اعطاق لايلد ليمعلا ىلع قحتس�م غلبم يأا وأا نئاد ديس�ر يأاب قلعتي ام في هتلاجس�و كنبلا دويق برتعت )أا .هدويقو كنبلا تلاجس� في ام اأ طخ كانه نأا ليمعلا تبثأا اذإا لاإا كنبلل قحتس�لما غلبلما وأا لبق نم اهديدتح تم يتلا ةترفلا بس�ح كلذو ةيرود ةروس�ب ليمعلا ىلا باس�لحا فوس�ك لاس�رإاب كنبلا موقي فوس� )ب باس�لحا ىلع تتم يتلا تايلمعلاب انايب فوس�كلا هذه نمس�تت فوس�و كنبلا ىدل لاجس�م ناونع رخآا ىلع ليمعلا ينعتي هنإاف ، باس�لحا فس�ك في ةدراولا تايلمعلا وأا ةدس�رألاا ىلع ليمعلا ض�اترعا ةلاح فيو ةقباس�لا ةترفلا للاخ احيحس� برتعي فس�كلا نإاف لاإاو ،باس�لحا فس�ك خيرات نم اموي ١٥ ةترف للاخ كنبلا ىلا هس�اترعا هيجوت ليمعلا ىلع .ليمعلل امزلمو ناونع رخآا نإاف ، كلذب همايق مدع ةلاح فيو يديبرلا هناونع ىلع أارطي يريغت يأاب كنبلا رطخي نأا ليمعلا ىلع ينعتي )أا .هيلا تاراعس�إلااو باس�لحا فوس�ك لاس�رإا ض�رغل ليمعلل دمتعلما يديبرلا ناونعلا برتعي ايطخ كنبلا ىلا ىطعي يديرب دمتعلما ن...
Unclaimed Accounts. Accounts shall be considered Unclaimed after completing five years (60 month), including the dormant phase, from the date of the last record financial transaction or reliable and documented correspondence. To activate unclaimed account customer (Natural person) the customer's legal agent holding a deed allowing him/her to operate the account, the agent of the customer heirs or the person authorized to operate the accounts for a juristic person. Should visit the bank to activate or withdraw the balance, the customer may open a new account to which the outstanding balance in the bank's record can be transferred, or may receive the balance by check or bank transfer after confirming the identity.
Unclaimed Accounts. Under certain circumstances, if, for a period of at least three years after your Beneficiary attains the age of 18 years, there has been no activity in your Account and attempts to reach you at the contact address provided are unsuccessful, your Account may be considered abandoned. Your state may have a different time period under which your Account may be considered abandoned. If your property is considered abandoned, it will, without proper claim by the Account Owner within the specified time period, revert to the State or your state. Abandoned Accounts of Account Owners who reside in New York State may be liquidated and reported to the New York State Comptroller’s Office of Unclaimed Funds. Abandoned Accounts of Account Owners who reside outside of New York State will be handled according to the laws of the Account Owner’s state of residence.
Unclaimed Accounts. Should the whereabouts of any person entitled to a distribution hereunder be unknown to the Plan Administrator for a period of five years after the mailing of a notice by registered mail, the interest of such person shall be forfeited.

Related to Unclaimed Accounts

  • Unclaimed Deposits Fifteen (15) months following the Bank Closing Date, the Assuming Institution will provide the Receiver a listing of all deposit accounts, including the type of account, not claimed by the depositor. The Receiver will review the list and authorize the Assuming Institution to act on behalf of the Receiver to send a “Final Legal Notice” in a form substantially similar to Exhibit 2.3A to the owner(s) of the unclaimed deposits reminding them of the need to claim or arrange to continue their account(s) with the Assuming Institution. The Assuming Institution will send the “Final Legal Notice” to the depositors within thirty (30) days following notification of the Receiver’s authorization. The Assuming Institution will prepare an Affidavit of Mailing and will forward the Affidavit of Mailing to the Receiver after mailing out the “Final Legal Notice” in a form substantially similar to Exhibit 2.3B to the owner(s) of unclaimed deposit accounts. If, within eighteen (18) months after Bank Closing, any depositor of the Failed Bank does not claim or arrange to continue such depositor’s Deposit assumed pursuant to Section 2.1 at the Assuming Institution, the Assuming Institution shall, within fifteen (15) Business Days after the end of such eighteen (18) month period, (i) refund to the Receiver the full amount of each such deposit (without reduction for service charges), (ii) provide to the Receiver a schedule of all such refunded Deposits in such form as may be prescribed by the Receiver, and (iii) assign, transfer, convey, and deliver to the Receiver, all right, title, and interest of the Assuming Institution in and to the Records previously transferred to the Assuming Institution and other records generated or maintained by the Assuming Institution pertaining to such Deposits. During such eighteen (18) month period, at the request of the Receiver, the Assuming Institution promptly shall provide to the Receiver schedules of unclaimed deposits in such form as may be prescribed by the Receiver.

  • Unclaimed Property If there is no record of Card activity for an extended period of time, applicable state law may require the Bank to report the balance on the Card as unclaimed property. If this occurs, we may try to locate the owner of the Card at the address shown in our records. If we are unable to locate you, we may be required to deliver any value remaining on the Card to the state as unclaimed property.

  • Unclaimed Funds If funds for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds to the Company at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds shall cease.

  • Unclaimed Money If money for the payment of principal or interest remains unclaimed for two years, the Trustee or Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company and not to the Trustee for payment.

  • Segregated Accounts Upon receipt of Proper Instructions, the Custodian shall establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or Securities, including Securities maintained in a Depository Account: (a) in accordance with the provisions of any agreement among the Trust, the Custodian and a broker-dealer registered under the 1934 Act and a member of FINRA (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of the Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund; (b) for purposes of segregating cash or Securities in connection with securities options purchased or written by the Fund or in connection with financial futures contracts (or options thereon) purchased or sold by the Fund; (c) which constitute collateral for loans of Securities made by the Fund; (d) for purposes of compliance by the Fund with requirements under the 1940 Act for the maintenance of segregated accounts by registered investment companies in connection with reverse repurchase agreements and when-issued, delayed delivery and firm commitment transactions; and (e) for other proper corporate purposes, but only upon receipt of Proper Instructions, setting forth the purpose or purposes of such segregated account and declaring such purposes to be proper corporate purposes. Each segregated account established under this Article VI shall be established and maintained for the Fund only. All Proper Instructions relating to a segregated account shall specify the Fund.

  • Segregated Account The Custodian shall upon receipt of Proper Instructions from the Fund on behalf of each applicable Portfolio establish and maintain a segregated account or accounts for and on behalf of each such Portfolio, into which account or accounts may be transferred cash and/or securities, including securities maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Portfolio, (ii) for purposes of segregating cash or government securities in connection with options purchased, sold or written by the Portfolio or commodity futures contracts or options thereon purchased or sold by the Portfolio, (iii) for the purposes of compliance by the Portfolio with the procedures required by Investment Company Act Release No. 10666, or any subsequent release or releases of the Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies and (iv) for other proper corporate purposes, BUT ONLY, in the case of clause (iv), upon receipt of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio, a certified copy of a resolution of the Board of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, setting forth the purpose or purposes of such segregated account and declaring such purposes to be proper corporate purposes.

  • Return of Unclaimed Monies Subject to the requirements of applicable law, any monies deposited with or paid to the Trustee for payment of the principal of, premium, if any, or interest on Notes and not applied but remaining unclaimed by the holders of Notes for two years after the date upon which the principal of, premium, if any, or interest on such Notes, as the case may be, shall have become due and payable, shall be repaid to the Company by the Trustee on demand and all liability of the Trustee shall thereupon cease with respect to such monies; and the holder of any of the Notes shall thereafter look only to the Company for any payment that such holder may be entitled to collect unless an applicable abandoned property law designates another Person.

  • Unclaimed Property and Lost Shareholders The Transfer Agent shall report unclaimed property to each state in compliance with state law and shall comply with Section 17Ad-17 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), for lost Shareholders. If the Fund is not in compliance with applicable state laws, there will be no charge for the first two years for this service for such Fund, other than a charge for due diligence notices (reflected on Schedule 5.1) provided that after the first two years, the Transfer Agent will charge such Fund its then standard fee plus any out-of-pocket expenses.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Return of Unclaimed Moneys Any moneys deposited with or paid to the Trustee or any paying agent for payment of the principal of or premium, if any, or interest on Securities and not applied but remaining unclaimed by the holders of Securities for two years after the date upon which the principal of or premium, if any, or interest on such Securities, as the case may be, shall have become due and payable, shall be repaid to the Company by the Trustee or such paying agent on written demand; and the holder of any of the Securities shall thereafter look only to the Company for any payment which such holder may be entitled to collect and all liability of the Trustee or such paying agent with respect to such moneys shall thereupon cease.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!