Common use of Inactive Accounts Clause in Contracts

Inactive Accounts. For security reasons, we may refuse a withdrawal or transfer from accounts we internally classify as dormant if we cannot reach you in a timely fashion to confirm the transaction’s authorization. We may transfer (escheat) your property to the appropriate state if no activity occurs in the account or you fail to communicate with us regarding your account within the time period specified by state law. We may consider an account inactive even if you maintain another active account with us. We may impose a fee for sending a dormant account notice to you prior to transferring the funds to the state. If funds are transferred to the state, you may file a claim with the state to recover the funds.

Appears in 21 contracts

Samples: Account Agreement, Account Agreement, And Mobile Banking Agreement

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Inactive Accounts. For security reasons, we may refuse a withdrawal or transfer from accounts Accounts we internally classify as dormant if we cannot reach you in a timely fashion to confirm the transaction’s authorization. We may transfer (escheat) funds in your property Account to the appropriate state if no activity occurs in the account your Account or you fail to communicate with us regarding your account Account within the time period specified by state law. We may consider an account your Account inactive even if you maintain another active account with us. We may impose a fee for sending a dormant account Account notice to you prior to transferring the funds to the appropriate state. If funds are transferred to the a state, you may file a claim with the state to recover the funds.

Appears in 7 contracts

Samples: Account Agreement, Walmart Moneycard Deposit Account Agreement, Go2bank Deposit Account Agreement

Inactive Accounts. For security reasons, we may refuse a withdrawal or transfer from accounts we internally classify as dormant if we cannot reach you in a timely fashion to confirm the transaction’s authorization. We may transfer (escheat) funds in your property account to the appropriate state if no activity occurs in the account or you fail to communicate with us regarding your account within the time period specified by state law. We may consider an account inactive even if you maintain another active account with us. We may impose a fee for sending a dormant account notice to you prior to transferring the funds to the state. If funds are transferred to the appropriate state, you may file a claim with the state to recover the funds.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

Inactive Accounts. For security reasons, we may refuse a withdrawal or transfer from accounts Accounts we internally classify as dormant if we cannot reach you in a timely fashion to confirm the transaction’s authorization. We may transfer (escheat) funds in your property Account to the appropriate state if no activity occurs in the account Account or you fail to communicate with us regarding your account Account within the time period specified by state law. We may consider an account your Account inactive even if you maintain another active account with us. We may impose a fee for sending a dormant account Account notice to you prior to transferring the funds to the state. If funds are transferred to the appropriate state, you may file a claim with the a state to recover the funds.

Appears in 2 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement

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Inactive Accounts. For security reasons, we may refuse a withdrawal or transfer from accounts we internally classify as dormant if we cannot reach you in a timely fashion to confirm the transaction’s authorization. We may transfer (escheat) funds in your property account to the appropriate state if no activity occurs in the account or you fail to communicate with us regarding your account within the time period specified by state law. We may consider an your account inactive even if you maintain another active account with us. We may impose a fee for sending a dormant account notice to you prior to transferring the funds to the state. If funds are transferred to the state, you may file a claim with the a state to recover the funds.

Appears in 1 contract

Samples: Deposit Account Agreement

Inactive Accounts. For security reasons, we may refuse a withdrawal or transfer from accounts Accounts we internally classify as dormant if we cannot reach you in a timely fashion to confirm the transaction’s authorization. We may transfer (escheat) funds in your property Account to the appropriate state if no activity occurs in the account your Account or you fail to communicate with us regarding your account Account within the time period specified by state law. We may consider an account your Account inactive even if you maintain another active account with us. We may impose a fee for sending a dormant account Account notice to you prior to transferring the funds to the appropriate state. If funds are transferred to the state, you may file a claim with the a state to recover the funds.

Appears in 1 contract

Samples: Account Agreement

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