Account Basics Sample Clauses

Account Basics. 1. Who is Eligible for a Current Account? ● The Current Premium or Basic Account is available to citizens and permanent residents of the fifty
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Account Basics. Eligibility To open a Tandem Account, you must: • be 18 or older; • be a UK resident, and have three years of address history in the UK; • give us details of a UK based current account as your linked current account. Your linked current account is the set of account details you provide when you open your Tandem Account. As part of the account opening process we will need to verify your identity. We may ask you to supply documents to confirm your identity and won’t be able to open your Tandem Account until they have been provided and your identity is fully verified. Paying into or from your Tandem Account There are a few rules about payments into and out of your Tandem Account: • You can save with regular payments or one-off payments into your Tandem Account; • You can only withdraw money by moving it into your linked current account; • If we think a payment to or from your Tandem Account might break any law, regulation or sanction we don’t have to accept or allow the payment and may delay processing the payment to allow us to conduct further checks; • We reserve the right to reverse a payment if we believe it has gone into the Tandem Account by mistake. Account limits The maximum balance you can hold in your Tandem Account is £250,000. If we change the limit in the future, we will give you at least 30 days’ notice before we do so. Using your Tandem Account You’ll be able to view your balance, any recent activity and the interest rate of your Tandem Account in the app. There’s more information about running your Tandem Account in the FAQ section of our website xxx.xxxxxx.xx.xx and in the app, including: • how to make payments; • how long things take and time limits; • limits on what you can pay in and take out. Statements We’ll provide statements monthly, via the app. You can also request a statement - just call us on 0000 000 0000.
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Account Basics. 1.1 To open an account you must be a member of Bristol Credit Union Ltd and a UK resident aged over 18.
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Account Basics 
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Related to Account Basics

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

  • Account Verification Whether or not a Default or Event of Default exists, Agent shall have the right at any time, in the name of Agent, any designee of Agent or any Borrower, to verify the validity, amount or any other matter relating to any Accounts of Borrowers by mail, telephone or otherwise. Borrowers shall cooperate fully with Agent in an effort to facilitate and promptly conclude any such verification process.

  • Account Types The Financial Institution agrees that each Collateral Account is, and will be maintained as, either a “securities account” (as defined in Section 8-501 of the UCC) or a “deposit account” (as defined in Section 9-102(a)(29) of the UCC).

  • The Accounts a. Service Provider will open one or more Accounts per Fund. Accounts will be established as Matrix Level ___________________.

  • New Accounts Contractor may ask State Agencies and other Authorized Users to provide information in order to facilitate the opening of a customer account, including documentation of eligibility to use New York State Contracts, agency code, name, address, and contact person. State Agencies shall not be required to provide credit references.

  • Concentration Account Concentration Account" has the meaning set forth in Section 2.3.

  • Characteristics of Receivables As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable:

  • Additional Procedures Applicable to High Value Accounts 1. If a Preexisting Individual Account is a High Value Account as of December 31, 2013, the Reporting [FATCA Partner] Financial Institution must complete the enhanced review procedures described in paragraph D of this section with respect to such account by December 31, 2014. If based on this review, such account is identified as a U.S. Reportable Account, the Reporting [FATCA Partner] Financial Institution must report the required information about such account with respect to 2013 and 2014 in the first report on the Account. For all subsequent years, information about the account should be reported on an annual basis.

  • Important Information About Procedures for Opening a New Account To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial organizations to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, you are required to provide your name, residential address, date of birth, and identification number. We may require other information that will allow us to identify you.

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