Inactive and Dormant Client Accounts Sample Clauses

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on the first day of the month following the three (3) months of inactivity.
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Inactive and Dormant Client Accounts. 6.1 If, for 90 (ninety) calendar days, there are no trades or non-trading operations (including agent operations) on a Client Account with a balance less than $10 (or the equivalent sum depending on the Currency of the Client Account), then the account will be archived.
Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (2) months or more, the Company reserves the right, to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 2 months 0 2 to 3 months 80 EUR or the equivalent amount in the client's currency as per the exchange rate that day 3 to 6 months 120 EUR or the equivalent amount in the client's currency as per the exchange rate that day Over 6 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day
Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three months or more in that the Client fails to provide an Order, the Company reserves the right (after calling or emailing the Client using the last known contact details) to render the Client Account dormant and shall have the right to charge the Client Account a fee. Inactive Accounts will be subject to a monthly charge of ten (10) USD or its equivalent in the currency of the trading account (“Inactivity Fee”) for every Inactive Account relating to the maintenance, administration and compliance management of such Inactive Accounts, which charge shall apply in accordance with the following formula:
Inactive and Dormant Client Accounts. 16.1. If the Client Account is inactive for three (3) months i.e. there is no trading, no open positions, no withdrawals or deposits), the Company will classify it as inactive doormat account and shall have the right to charge the Client Account a fee of as determined by the Company in its discretion from time to time in the Trading Conditions (depending in the Currency of the Client Account) in order to maintain the Client Account open and any bank or other related charges. The Company shall not need to contact the Client before it starts charging the fee. These fees will appear on the Website xxxx://xxxxxxxxxx.xxxxxxxx/.
Inactive and Dormant Client Accounts. 16.1. If the Client Account is inactive for three (3) months i.e. there is no trading, no open positions, no withdrawals or deposits), the Company will classify it as inactive doormat account and shall have the right to charge the Client Account a fee of as determined by the Company in its discretion from time to time in the Trading Conditions (depending in the Currency of the Client Account) in order to maintain the Client Account open and any bank or other related charges. The Company shall not need to contact the Client before it starts charging the fee. These fees will appear on the Website https:// XxxxXxxxxxx.xxx /.
Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (2) months or more, the Company reserves the right to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 1 month 0 1 to 2 months 80 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 2 to 6 months 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 6 to 12 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day. Over 12 months If there is no client-initiated activity for 12 months, then the account is classified as dormant. Dormancy fees shall be 500 EUR or the equivalent amount per month. Should the client wish to re-activate his account, he/she must contact the Company directly and pay a fee in the amount of 1,000 EUR.
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Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three months or more the Company reserves the right to render the account dormant and shall have the right to charge the Client Account a inactivity fee of 15 units (depending on the Currency of the Client Account) of as determined by the Company in its discretion from time to time in the Trading Conditions in order to maintain the Client Account open and cover any bank or other related charges. The Company shall not need to contact the Client before it starts charging the fee. These fees if charged, will appear on the Company’s Website. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.
Inactive and Dormant Client Accounts. 18.1 If the Client Account is inactive for six months or more (i.e. there is no trading, withdrawals or deposits), it may be charged a monthly maintenance fee which may be different for different types of Client Accounts or Financial Instrument. The applicable fees, once applied, are found on the Company’s Website.
Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for four months or more the Company reserves the right (after calling or emailing the Client using the last known contact details) to render the account dormant and shall have the right to charge the Client Account a fee of as determined by the Company in its discretion from time to time in the Trading Conditions (depending in the Currency of the Client Account) in order to maintain the Client Account open and any bank or other related charges. The Company shall not need to contact the Client before it starts charging the fee (please see paragraph 18.2). These fees will appear on the Website xxx.xxxxx00.xxx. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.
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