Accountholder definition
Examples of Accountholder in a sentence
For joint “or” deposit accounts, the Accountholder warrants that all transactions made via the Facility are done with the consent and within the lifetime of all the co-accountholders.
Before submitting the checkbook reorder, the Accountholder shall ensure that the source Enrolled Account has sufficient funds to cover the amount of the checkbook reorder fee; otherwise, SBA has the right not to execute the checkbook reorder.
The Accountholder/Cardholder understands and agrees that SBA may collect, process, use, share, and retain all information relating to the Accountholder, including, but not limited to, the information on the Accountholder/Cardholder’s accounts, transactions, credit relationships, and/or credit facilities (the “Information”) pursuant to SBA’s Data Privacy Policy, which is attached as Annex “A” to this Agreement, and the provisions of this Section.
Any penalties or charges that may be imposed by the Bank due to insufficient funds shall be for the account of the Accountholder.
The Bank will not be liable for any penalty or charges that the Accountholder may incur due to returned checks arising from insufficient funds, closed or dormant account/s or court or regulatory order prohibiting any transaction from his/her Account/s.