Account Blocking Sample Clauses
The Account Blocking clause authorizes a party, typically a financial institution or service provider, to temporarily restrict access to a user's account under certain conditions. This may occur in situations such as suspected fraudulent activity, non-compliance with terms, or legal requirements, and can involve freezing transactions or preventing withdrawals. Its core practical function is to protect both the account holder and the institution from potential losses or legal issues by allowing swift action when suspicious or problematic activity is detected.
Account Blocking. The Company has the right to temporarily block / disable the Client’s Trading Account, without prior notice, in cases such as, but not limited to, the Client requests it for any specified reason or an Event of Default has occurred or if unauthorized third parties receive access to the Client’s Access Data.
Account Blocking. (i) If Member’s Payment Account does not have sufficient funds when the Bill Pay Provider processes the payment, the Bill Pay Provider may make up to three (3) attempts to retrieve the funds if the payment was sent electronically or if the paper check payment is under $500.00. If the paper check payment is over $500.00, the Bill Pay Provider will immediately place a stop payment on the check and Member will be responsible for any fees that Payee assesses to Member related to the stop payment.
(ii) Navigant shall have no obligation or liability if a transfer or payment is not completed because there are insufficient funds in Member’s Payment Account to process a payment. In all cases, Member is responsible for either making alternative arrangements for the payment or rescheduling the payment through Bill Pay. If the payment item is returned for insufficient funds, Member’s Payment Account will be blocked immediately. The Bill Pay Service will keep the Payment Account blocked until Member’s Payment Account has sufficient funds. When Member’s Payment Account is blocked, Member may still view the Payment Account, but Member cannot schedule new payments or set up new payment rules. Placing and lifting the Payment Account blocks is controlled by the Bill Pay Provider.
(iii) The Bill Pay Provider will attempt to notify Member via the email address on file to inform Member that its Payment Account is blocked.
(iv) If the Bill Pay Provider is unable to collect funds within forty-five (45) days of Member’s scheduled payment, the Bill Pay Provider will begin the process of retrieving funds through the collections process. If the Payment Account is closed, ▇▇▇▇▇▇▇▇ has the right to collect the debt from any open Deposit Account on which Member is a signer.
Account Blocking. 9.12.1. Until the dispute is resolved, the Company reserves the right to partially or completely block trades on the Client’s account.
10.1. Commencement and Duration**
10.1.1. This Agreement takes effect upon the Client's registration on the Company's website or trading terminal and remains valid indefinitely.
Account Blocking. 12.1 The Customer agrees that the Bank has the right to block a part of or the whole amount in an Account in the following circumstances:
a) When there is a written notice of one of the joint Account Holders about disputes in relation to the joint account;
b) When there is a written decision or request of competent authority in accordance with the law;
c) When the Bank discovers an error when the Bank debits into the Account or upon the refund request of the money transfer payment provider;
d) When the Bank discovers there is any signs of fraud, violation of the laws in relation to the Account; Where the Account blocking is not requested by the Customer, the Bank must give a notification of the Account blocking to the Customer. After the Account is blocked, the Bank will send a notice to the Customer (or the guardian, authorised representative in accordance with the law of the Customer) stating the reason and scope of blocking, the amount of monies which has been blocked, and that the blocked amount on the Account would be preserved and closely Controlled.The blocked amount is still entitled to generate interest in accordance with the Bank’s regulations. Where the Account is partly blocked, the unblocked amount will still be used normally.
12.2 The Customer agrees that the Account blocking is terminated:
a) Where upon the expiry of the blocking period;
b) Where a competent authority in accordance with the law makes a decision or request to terminate the blocking;
c) Trường hợp Ngân Hàng đã giải quyết hoặc khắc phục lỗi hoặc sai sót về chuyển tiền;
d) Trường hợp khi xác minh, Ngân Hàng xét thấy không có gian lận hoặc vi phạm pháp luật liên quan đến Tài Khoản; hoặc
Account Blocking. KSU may block Rider’s access to Bikes at its sole discretion. This may be related to misuse, safety, security issues, use of Rider’s MEMBERSHIP card by third parties or other issues.
Account Blocking. Until the dispute is resolved, the Company reserves the right to partially or completely block trades on the Client’s account.
Account Blocking. The Agreement is valid for an unlimited period from the moment of entering into the Agreement in accordance with clauses 2.12-2.17 of the Agreement.
Account Blocking. If your Payment Account does not have sufficient funds when the Bill Pay Provider processes the payment, the Bill Pay Provider may make up to two (2) attempts to retrieve the funds if the payment was sent electronically or if the paper check payment is under $500.00. If the paper check payment is over $500.00, the Bill Pay Provider will immediately place a stop payment on the check, and you are responsible for any fees that Payee assesses to you related to the stop payment. Navigant shall have no obligation or liability if a transfer or payment is not completed because there are insufficient funds in your account to process a payment. In all cases, you are responsible for either making alternative arrangements for the payment or rescheduling the payment through the Service. If the payment item is returned for insufficient funds, your Payment Account will be blocked immediately. The Bill Pay Service will keep the Payment Account blocked until your Payment Account has sufficient funds. When your Payment Account is blocked, you may still view the Payment Account, but you cannot schedule new payments or set up new payment rules. Placing and lifting the Payment Account blocks is controlled by the Bill Pay Provider. The Bill Pay Provider will attempt to notify you via the email address on file to inform you that your Payment Account is blocked. Payments scheduled for delivery during the blocked period are cancelled. While the Payment Account is blocked, users can perform all bill pay activities except; scheduling new payments, modifying scheduled payments, or creating/modifying recurring payment rules. If more than one item was returned back to the Bill Pay Provider everything must clear before the block is lifted. Once the block is lifted, recurring payments are reinstated. Payments that were scheduled to be sent during the blocked timeframe are not resent and remain cancelled. If the Bill Pay Provider is unable to collect funds for any processed Bill Pay Transaction, the Bill Pay Provider will begin the process of retrieving funds through the collections process. The Bill Pay Provider uses a third party collection service through its subsidiary CPRS (Complete Payment Recovery Services) .
Account Blocking. It is upon Company’s sole discretion to suspend your Account temporarily or permanently. The reason for such suspension can be the reasons that include but does not limit to: · inconsistent information regarding the identity of a User, · a pending compliance or security review, · the request of a third party or the request and/or order of an authority, governmental body, regulator, legal entity, law-enforcement agency etc. You understand and agree that you will not be able to access your funds in such situation of suspension. It is upon the discretion of the Company to decide which reasons are deemed valid for the suspension of an Account. The Company deems and declares that it will not be held liable for any losses that is suffered as a result of any suspension or termination of access to the Service whereby its liability is only excluded in case for slight negligence.