Dormant Fee definition
Dormant Fee means a fee deducted from the remaining stored value on a Dormant Card;
Dormant Fee means the fee that will be charged by the Company to an Account which falls under the meaning of a Dormant Account as per Clause 19 of this Agreement.
Examples of Dormant Fee in a sentence
The Dormant Fee is charged for the maintenance, administration and compliance management of such Dormant Accounts.
We will charge the Dormant Fee of $5.00 monthly to your Account after 60 days of inactivity, and if there are insufficient funds to cover such fees, you authorize DC Bank to close your Account without notice.
Subject to applicable law, we may charge a Dormant Fee on the account; for accounts with a balance of $50.00 or below a Dormant Fee of $10.00 per statement cycle will be assessed.
For information about future contracts based CFDs rollover see sections 10.6.1. Dormant Fee Accounts inwhichthere havebeennotradingactivityforaperiodoftwelve(12)consecutivemonthswillbe considered by the Company as inactive.