Dormant Account definition

Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.
Dormant Account an account, with credit balance, is considered to be dormant if during 6-months period no transactions have been carried out in relation to the account by or on the instructions of the holder of the account.
Dormant Account has the meaning set forth in Section 2.1(d).

Examples of Dormant Account in a sentence

  • If your Account becomes inactive or dormant it will be assessed a monthly Inactive Account Fee or an annual Dormant Account Fee, as indicated in our Fee Schedule.


More Definitions of Dormant Account

Dormant Account means a paid fantasy sports game participant account that has had no game participant activity for a period of three (3) years.
Dormant Account means a securities account designated as such by the Depository under Rule 26.10(2).
Dormant Account means an Account of the Participant which:
Dormant Account means a sports wagering patron account that has had no login or wagering activity for a period of three (3) years.
Dormant Account means any Account which has no activity for an extended period, the duration of which shall be determined by the Bank from time to time.
Dormant Account means an Account that has shown no lending activity, has a zero outstanding balance due or no payments activity for at least 24 months.
Dormant Account has the meaning set out in Clause 25.