Savings Account. 2. The Subscriber agrees to make Deposits to the Depository in accordance with the Application. The Subscriber may change the manner of making Deposits and/or the amount of the Deposits by arrangement with the Manager. Contributions made on behalf of the Student cannot exceed the RESP Limits. Deposits may be made up to the thirty-first year following the year in which this Agreement was entered into. As of January 1, 2004, no Contribution may be made by the Subscriber on behalf of the Student unless either
Savings Account. A NOW account is a savings account from which we permit an unlimited number of transfers to third parties by check (without regard to whether the term “NOW” is used in its name). The rules for savings accounts described in Sections 2.1 through 2.7 above also apply to a NOW account.
Savings Account. You grant us a security interest and pledge and assign to us any and all sums now or later in any Savings Account established by you to secure payment of all of your future and existing obligations under this Agreement and your Account. The Savings Account must be maintained by us unencumbered at all times. You may not assign it to anyone else and it may not be subject to any lien, judgment, attachment, or execution. You may add to the Savings Account at any time; however, to assure proper crediting, do not include any deposits to your Savings Account in the same envelope you use to send us a payment on your Account. With our consent, you may make withdrawals from the Savings Account, so long as the withdrawal does not cause the outstanding balance in the Account (plus any transactions we have authorized but have not yet settled) to exceed your new, lower Credit Limit that would result from the withdrawal. You may be required by us to give written notice of an intended withdrawal not less than seven days before a withdrawal is made. You agree that we may restrict your right to obtain withdrawals from the Savings Account for up to eight weeks, in order to allow sufficient time for all outstanding transactions we have authorized to post to your Account. To the extent permitted by applicable law, upon a default and without notice to you, we may apply any sums then in the Savings Account, including any interest earned, against what you then owe on your Account. We may retain the Savings Account or any sums remaining in the Savings Account until the latest of the following events: (1) 10 business days after the time all sums owed to us on your Account are paid in full, (2) 8 weeks from the time we receive from you all of the unexpired Cards and Cash Advance Checks, cut in half, or (3) 8 weeks from the time of termination of your Account. We expressly disclaim any security interest in your other property in connection with your Account. You must provide at least $200.00 in funds to open your Savings Account. Thereafter, you may add funds to the Savings Account in $50 increments at any time, provided that the Savings Account may never exceed $5,000.00. We will increase your Credit Limit as high as the new Savings Account balance, and your Available Credit will increase as set forth in Section E. above, provided that, as required by federal law, your Credit Limit may not exceed the level that we reasonably determine will allow you to make Minimum Payments if you b...
Savings Account. If your Account is a Savings Account you may make no more than six pre-authorized withdrawals or transfers during any one (1) calendar month. Pre-authorized withdrawals or transfers include: (1) withdrawals made by your telephone authorization or Telebank or Online banking transfers; or (2) withdrawals made pursuant to pre- authorized or automatic transfers to a third party
Savings Account. As of the last dividend declaration date, the dividend rate was —————% with an annual percentage yield of ————— % on your account. TRADITIONAL OR XXXX XXX SAVINGS ACCOUNT Tier 1. As of the last dividend declaration date, if your daily balance was $10,000.00 or more, the dividend rate paid on the entire balance in your account was —————%, with an annual percentage yield of —————%.
Savings Account. If the direct deposit is to be made to a savings account, a letter from the savings bank showing the bank routing number and the employee’s account number is required.
Savings Account a. Savings accounts are tiered rate accounts. A tiered rate account pays different dividend rates based on specified balance levels. Click here to see the rates for the specified balance levels. The dividend rate on this tiered rated account is determined each day based on the daily balance, and the rate is applied to the entire balance.
Savings Account. 3.1 This is an interest bearing Account intended for saving and not for day-to-day transactions.
Savings Account. YOU MUST submit a current date letter (bank’s letterhead) from your bank, savings and loan or credit union which includes the name of the account holder (s) and account and routing bank numbers with this agreement to Mississippi Department of Human Services, Division of Child Support Enforcement, Direct Deposit Unit, X.X. Xxx 000, Xxxxxxx, XX 00000-0000. The account must be in the name of the custodial parent as the primary or joint account holder with the social security number verified in our case record. The account and routing numbers must be identifiable and clearly visible on the instrument to prevent processing delays. If the account and/or routing bank numbers are not identifiable, the authorization agreement will not be processed and return. If I receive any money that was sent to me in error, I give permission for DCSE to recover the money from future child support payments. I also authorize my current/existing bank, savings and loan or credit union to credit/debit my account accordingly. Financial Institution Name: Branch: City: State: Zip: _ This authority shall remain in full force and effect until the agency, DCSE-Direct Deposit Unit has received written notice to terminate this authority, and until DCSE and the Financial Institution have been afforded a reasonable time to act on it. I agree to the following: to submit said agreement when I want to stop/terminate direct deposit or when I want to change to a different bank or account number. Time frames commence when a correctly-completed authorization agreement is received by MDHS-DCSE Direct Deposit staff: Initial request - 2 weeks/14 calendar days for processing before being in active status Change request - 2 weeks/14 calendar days for processing before being in active status NOTE: Payments not disbursed via direct deposit will be disbursed via the debit card. Electronic Payment Processing and Information Control (EPPIC) also known as the debit card is the MDHS-DCSE default disbursement method for collected child support. CP can only make one (1) stop/terminate change from direct deposit method back to the debit card. DCSE reserves the right to cancel the direct deposit option if the CP requests to change financial institution three (3) or more times during a 12-month period. Custodial Parent Name (please print) Social Security Number Custodial Parent Signature Date Current Mailing Address Phone Number STATE OFFICE USE ONLY Received Date: MDHS-DCSE Staff:
