Closing of Account. If you close or The Firm closes your brokerage account, your associated Program Bank deposit accounts will also be closed and the funds in your Program Bank deposit accounts will be distributed out through your brokerage account. Right of Set-Off Under the terms of your Customer Agreement, funds in your Program Bank deposit accounts may be charged or set-off against indebtedness or obligations you have. For further information on such indebtedness or obligations, please review your Customer Agreement. FACTS WHAT DOES COR CLEARING LLC (“COR”) DO WITH YOUR PERSONAL INFORMATION? Who? As a clearing firm, COR provides clearing services to your introducing broker dealer pursuant to a Fully Disclosed Clearing Agreement. Examples of these clearing services include, but are not limited to trade execution, trade reporting, and other back office operations. The nature of these services requires COR to receive and retain nonpublic personal information. Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. XXX is committed to protecting the privacy of all nonpublic personal information that it receives. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? We collect your personal information from your introducing broker dealer in order to provide the services necessary to maintain your account. The types of personal information we collect and share may include, but are not limited to: Personal information, such as Social Security number and date of birth Financial information, such as account balances, positions and transactions, income, and net worth Contact information, such as phone numbers and email addresses Demographic information, such as gender, education, and occupation How? All financial companies need to share customers’ personal information to run their everyday businesses. In the section below, we list the reasons financial companies like COR can share customers’ personal information, whether COR generally shares, and whether you can limit this sharing. If you are no longer a customer of one of our introducing broker dealers, we may nevertheless continue to share your information as described in this notice. Reasons we can share your personal information Does COR share? Can you limit this sharing? For our everyday business purposes Such as to ...
Closing of Account. If you or Varo, for any reason, close your Account at Varo, your participation in the Program also will be terminated and your funds will be distributed out through your Varo Bank Account according to the terms and conditions of your Varo Bank Account Agreement.
Closing of Account. Upon closure of credit card account, all existing, and/or pending points will immediately expire and not be eligible for redemption.
Closing of Account. The Bank may close the Customer’s account at any time without giving reasons. In such a case the Bank obligations towards the Customers shall end following the issuance of a cheque with the amount of the available credit balance and sending it by post to the Customer’s address. The Customer acknowledges that he/she/it will be fully committed to settle any amounts owed to the Bank immediately after the Customer receives the Bank’s notification of the account closure.
Closing of Account. We reserve the right, at our sole discretion, to discontinue, limit or to decline to process any transactions in Account, to refuse to accept deposits or permit withdrawals in an Account or to close an Account at any time and for any reason, without any prior notice to Customer thereof. In the event we decide to close an Account, we will make written notice to you of such intention via the U.S. Mail and directed to you at your last known address in our records (“Notice of Closure”). After the expiration of five (5) Banking Days from the date of the mailing of the Notice of Closure, the Account shall be considered closed. We, at our sole discretion, may either (a) mail a check to you via the U.S. Mail to the aforementioned address; or (b) wire transfer to you the balance, if any, of funds in deposit in the Account. Upon mailing to you a Notice of Closure, we may thereafter refuse to accept deposits to such an Account, permit withdrawals, collect any item deposited therefore and/or transact any matter in relation to the Account. We shall not be liable for dishonoring any item drawn on an Account and/or for failing to act upon any funds transfer payment order submitted on an Account which is to be closed if the item is presented for payment or the payment order is submitted for execution after remittance of the Notice of Closure. Upon the closing of an Account, we shall thereafter be relieved of any further legal responsibility or liability related to such Account. Upon the closing of an Account, it shall be your responsibility to destroy any unused checks in your possession.
Closing of Account. Bank may, at any time, in its discretion, close the Account. No deposits will be accepted and no checks will be paid after the Account is closed. A Bank check for the remaining balance, if applicable, will be mailed to Account Holder at the address indicated on Bank records. An Account will be closed if the following are not received within 45 days from the date the account was opened:
Closing of Account. If you close your account before cash back is credited, you will not receive the accrued cash back.
Closing of Account. If you close or The Firm closes your brokerage account, your associated Program Bank deposit accounts will also be closed and the funds in your Program Bank deposit accounts will be distributed out through your brokerage account. Right of Set-Off
Closing of Account. 7.1 We will close your account on receipt of a request in writing signed by you to do so.
Closing of Account. Closing of a SHARE Credit Fund account constitutes withdrawal of membership in SHARE. Closing of an account can be done in the same way as a withdrawal and under the same conditions, except that all funds will be withdrawn.
