Examples of Tyro Bank Account in a sentence
You will remain liable for all amounts due to us despite us not being able to debit such amounts from your Tyro Bank Account.
If the receiving ADI returns such funds, we will credit the Tyro Bank Account for the amount received.If the receiving ADI does not return the funds, we will have no obligation to seek to receive such funds from the receiving ADI or any other party.
We will issue you with a statement at least every 6 months either via the Tyro App or by other electronic means as we determine in our discretion.Each statement will record all transactions on your Tyro Bank Account since the date of the last statement.You should review your statement as soon as you receive it to ensure that all transactions are correct.Please contact us immediately if you believe there is an error on your statement.
We will also continue to debit your Tyro Bank Account with all amounts due to us (including any loan repayments) while the stop is in place.In some circumstances we may be required by law to freeze your account.
If we receive notice or become aware that your ABN is no longer current or valid, we can immediately freeze the Tyro Bank Account and will only remove a freeze where we are provided with evidence that you have a valid and current ABN.
We will continue to debit your Tyro Bank Account for amounts due to us where permitted by law.
We will close your Tyro Bank Account if the Authorised Signatory(ies) in accordance with the Administration Authority request us to do so (unless you have a loan with us in which case your Tyro Bank Account must remain open until your loan is repaid in full).
Where we are not permitted by law to continue to debit your Tyro Bank Account for amounts owing to us, we will debit your Linked Account or Fee Account (if not your Tyro Bank Account) for all amounts owing to us including pursuant to any loan product you have with us.
Any one Authorised Signatory can ask us at any time to place a stop on your Tyro Bank Account, in which case you and any other Account User will not be able to make any further transactions on the account until two Authorised Signatories ask us to remove the stop.
If you do provide your ABN, we may provide it to the Australian Taxation Office.If you do not provide your ABN and you are not exempt from withholding tax, then we are required to withhold tax earned from the interest accrued on the Tyro Bank Account and provide this interest to the Australian Taxation Office.