Common use of Interest on Accounts Clause in Contracts

Interest on Accounts. We will pay interest at our prevailing interest rate for any interest bearing Account and such interest shall be calculated in such manner as prescribed by us from time to time. Interest will be credited to your Account on a monthly basis or at such other intervals as we may determine from time to time. For the avoidance of doubt, no interest will accrue or be paid by us on any balances in a dormant Account.

Interest on Accounts. We will pay interest at our prevailing interest rate for any interest bearing Account and such interest shall be calculated in such manner as prescribed by us from time to time. Interest will be credited to your Account on a monthly basis or at such other intervals as we may determine from time to time. For the avoidance of doubt, no interest will accrue or be paid by us on any balances in a dormant Account.. DBS Bank Ltd