Common use of Closing your account and stop service Clause in Contracts

Closing your account and stop service. Within the first 14 calendar days of activating your account (making your first payment) you can close it (except fixed deposit accounts). Otherwise this agreement will be valid until it is cancelled by you or by us. While using your account and our services at any time, you can terminate this agreement and close your account by a written notification. If you do so, you must refrain from using our banking services and facilities without our consent. For joint accounts, any account holder may inform us the closure- if previously joint account was set on receiving instructions from any account holder. Any benefit or services we provide in relation to particular account(s) will end as soon as your account is closed. We may take action to terminate this agreement and close your account(s) with us under such circumstances if;