Dormant accounts definition

Dormant accounts means savings or deposits accounts maintained by the Sacco Society that are not operational or has no transactions within the prescribed period.
Dormant accounts. If your CD becomes dormant, we will change the Interest Payment method to automatically credit interest into your account. (Please see the information on dormant accounts titled Dormant Accounts.)
Dormant accounts means Deposit Accounts that, as of the Closing Date, have been inactive for a period of two (2) years or more.

Examples of Dormant accounts in a sentence

  • Dormant accounts If you do not log in to your PayPal account for two or more years, PayPal may close your PayPal account and any unused funds in your account will be subject to applicable laws regarding unclaimed monies.

  • Dormant accounts (if interest bearing) will continue to earn interest, and will be subject to such service charges as may be shown on the Schedule of Fees herein.

  • Dormant accounts If you do not log in to your PayPal account for two or more years, PayPal may close your PayPal account.

  • Dormant accounts may be reactivated upon my personal instructions up to the tenth (10th) year following my last initiated transaction thereon.

  • Inactive accounts are accounts without any trading transaction for more than one (1) year while Dormant accounts are accounts without any trading transaction for more than three (3) years.

  • Dormant accounts If you do not access log in to your PayPal account for two or more years, PayPal may close your PayPal account and any unused funds in your account will be subject to applicable laws regarding unclaimed monies.

  • Dormant accounts are current accounts which have no movements and transactions done (excluding automatic operations – booking of monthly fees, interest, etc.) for a period of 360 days.

  • Dormant accounts for more than two years were reclassified to Other Receivables.

  • The Dormant accounts identified based on the above criteria shall be flagged as such in Angel's record.

  • Dormant accounts will be divided between the Junior and Senior class accounts.

Related to Dormant accounts

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

  • Relevant Accounts means, in respect of any Interest Payment Date, the most recently published audited unconsolidated annual financial statements of UBS Group AG prepared in accordance with the Swiss Code.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Separate Accounts means the accounts which are to be prepared for each

  • Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Collection Accounts As defined in Section 3.10(a).

  • Joint Account means an Account opened in more than one name;

  • Investment Account As defined in Section 3.12(a).

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Surplus Account has the meaning assigned to it in Section 3.02(a).