Inactive Accounts definition

Inactive Accounts. If your account falls below any applicable minimum balance and you have not made any transactions over a period specified in the Rate and Fee Schedule during which we have been unable to contact you by regular mail, we may classify your account as inactive or dormant. Unless prohibited by applicable law, we may charge a service fee set forth on the Rate and Fee Schedule for processing your inactive account. If we impose a fee, we will notify you, as required by law, at your last known address. You authorize us to transfer funds from another of your ac- counts to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an account payable and to suspend any further account statements. If a deposit or withdrawal has not been made on the account, and we have had no other sufficient contact with you within the period specified by state law, the account will be presumed to be abandoned. Funds in abandoned accounts will be reported and remitted in accordance with state law. Once funds have been turned over to the state, we have no further liability to you for such funds and if you choose to reclaim such funds, you must apply to the appropriate state agency. Account Information
Inactive Accounts. If your account falls below any applicable minimum balance and you have not made any transactions over a period specified in the Rate and Fee Schedule during which we have been unable to contact you by regular mail, we may classify your ac- count as inactive or dormant. Unless prohibited by applicable law, we may charge a service fee set forth on the Rate and Fee Schedule for processing your inactive account. If we im- pose a fee, we will notify you, as required by law, at your last known address. You authorize us to transfer funds from another of your accounts to cover any service fees, if applicable. To the extent allowed by law, we reserve the right to transfer the account funds to an ac- count payable and to suspend any further account statements. If a deposit or withdrawal has not been made on the account, and we have had no other sufficient contact with you within the period specified by state law, the account will be presumed to be abandoned.
Inactive Accounts. We will consider your account inactive if two statements are returned. We may discontinue card privileges based on the circumstances. If you have any questions, please contact us at the telephone number listed in this disclosure.

Examples of Inactive Accounts in a sentence

  • Inactive Accounts (Accounts with no withdrawals or deposits within a one-year period) may be subject to an Inactive Account Fee.

  • Inactive Accounts, as defined above under clause 10.1 of this Agreement, will be charged an administrative fee of US $10.00 or the equivalent value in your account base currency every month, until account activity resumes.

  • You further agree that any Inactive Accounts, having zero balance/equity, shall be considered as Dormant Accounts.

  • Inactive Accounts (Accounts with no withdrawals or deposits within a two-year period) may be subject to an Inactive Account Fee.

  • Any Inactive Accounts, holding zero balance/Equity, shall be turned to Dormant ("Dormant Account").


More Definitions of Inactive Accounts

Inactive Accounts means all properties that do not have active water consumption, which includes all residential, commercial, and industrial vacant lots; and which determines rates charged in "Schedule A" of this Bylaw;
Inactive Accounts. Accounts are considered inactive when there is no Statements: All transactions are subject to later verification. Statements are issued at least twice per calendar year. Statement frequency may change based on the type of transactions conducted during a calendar month. Par Value of Shares: The par value of a share in USALLIANCE is $1. Non-Member Accounts: USALLIANCE may close non-member account(s) at any time at our sole discretion, with or without cause, as permitted by law. Once your non-member account(s) is closed, we have no obligation to accept deposits or pay Other Terms and Conditions: For training, service improvement, and security, you authorize Credit Union employees to monitor phone calls and to record your telephone conversations to verify your instructions and transaction requests.
Inactive Accounts. Accounts are considered inactive when there is no Statements: All transactions are subject to later verification. Statements are issued at least twice per calendar year. Statement frequency may change based on the type of transactions conducted during a calendar month. Par Value of Shares: The par value of a share in USALLIANCE is $1. Other Terms and Conditions: For training, service improvement, and security, you authorize Credit Union employees to monitor phone calls and to record your telephone conversations to verify your instructions and transaction requests.
Inactive Accounts. Accounts are considered inactive when there is no member initiated activity after a period of two years. Accounts that remain inactive eventually are subject to state laws regarding abandoned property. Each account deemed to be inactive will be charged an Inactive Account Tracking Fee as set forth in the Credit Union Fee Schedule. Statements: All transactions are subject to later verification. Statements are issued at least twice per calendar year. Statement frequency may change based on the type of transactions conducted during a calendar month. Par Value of Shares: The par value of a share in USALLIANCE is $1.
Inactive Accounts. Hermes Go reserves the right to permanently deactivate any User’s account that has been “inactive” for 60 days or more. If a Driver has not offered on a Arrangement within the past 60 days, such Driver is deemed to be inactive. Reactivation of Temporarily Locked Accounts: Hermes Go may reactivate any Driver or Carrier account temporarily locked after investigation by Hermes Go in its sole discretion. Deactivated Accounts If your account is permanently deactivated, your account information will be deleted and you will be removed from the Hermes Go App. Permanent deactivation will cause you to lose your User name and persona as well as any benefits, privileges, earned items and purchased items, or any portion thereof, associated with your account. If your account was not deactivated for cause, you may open a new account on the App. It will be considered a material breach of these Terms if a User who has been deactivated for cause, opens a new account on the App and such new account will be deactivated without notice upon discovery. Hermes Go is under no obligation to compensate any User for any losses as a result of a User’s deactivation. All Hermes Go actions taken with respect to the temporary lock and/or permanent deactivation of your account may be taken in Hermes Go’s sole discretion, with or without notice, and without liability to you. FEES, BILLING AND PAYMENT The fees we charge for using our services are listed happen on a transactional basis at the moment that you (the user) acquire loads to deliver using the App. Specifically, we will charge you 15% of the price that you accept the load from whichever carrier posts the load onto the BELOW FOR DISCUSSION Payment Processing: Drivers will get direct deposit in bank account that they give us. They must give us tracking number and account number and relevant data requested by app.
Inactive Accounts. Notification of clients (Law no. 2014 - 617 of 13 June 2014 on inactive bank accounts and unclaimed life insurance policies). The Bank is required to inform its clients when the inactivity of an account is discovered. A standard letter shall be sent annually to the holders of inactive or unclaimed accounts. In accordance with the applicable regulations, HSBC Private Banking in France offers a system that collects feedback on client dissatisfaction in order to respond and find appropriate, personalised solutions. Your private banker is there to listen to you when the quality of our services does not match your expectations. In the event of disagreement with the response or proposed solution, the Client will need to contact the Management of HSBC Private Bank in France: - by post: Management of HSBC Private Banking in France 000, xxxxxx xxx Xxxxxx-Xxxxxxx 75419 Paris Cedex 08 - by Internet: xxx.xxxxxxxxxxxxxxxxxxxxx.xxx, section “Contact us”, reason for contact “I wish to express my opinion to you” then “Make a complaint” - or by telephone, toll-free (1) (2):
Inactive Accounts. We will consider your account inactive if two statements are returned.