Fixed Term Deposit Accounts Sample Clauses

Fixed Term Deposit Accounts. 2.13.1. The period of a Fixed Term Deposit Account is established at the start of each deposit and will be agreed between you and us in writing in accordance with these Terms. The maturity date of the deposit must be a Business Day and if it falls on a day which is not a Business Day, the maturity date shall be deemed to be the next Business Day.
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Fixed Term Deposit Accounts. 11.1 This clause 11 sets out the terms and conditions relating to fixed term deposit accounts (the "Fixed Term Deposit Account"). In the event that this clause 11 is inconsistent with any other clause of this Agreement, in respect of Fixed Term Deposit Accounts, this clause 11 shall prevail.
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Fixed Term Deposit Accounts. To open a Fixed Term Deposit Account with us in GBP, USD and EURO, you must have cleared funds as a Fixed Deposit. If you intend to open such an account against a cheque then you must wait until the cheque is cleared in your current account with us. The minimum balance requirement for opening a Fixed Term Deposit Account with us is £2,500.00, €2,500.00 and $ 4,000.00. Once your Fixed Deposit account is opened you shall receive the interest rate applicable. The interest rate we offer for our Fixed Term Deposit Accounts are at the managed rate of our Bank and it shall be fixed for the term of your Fixed Deposit. Deposit Account interest rates are determined on daily basis. We will tell you the applicable interest rate when your Fixed Deposit Account is opened. You will receive your total interest when we repay your deposit at maturity. Once your deposit is fixed for a term you cannot make additions to your initial deposit amount but you can open more than once Fixed Deposit Account with different maturities. Each fixed Deposit will receive our bank’s managed interest rate at the time of opening. You are not allowed to make early withdrawals of capital (either whole or partial) from your Fixed Term Deposit Account. Before the maturity of your fixed term deposit account it is your responsibility to contact us two bank working days in advance otherwise your subject account will be renewed for the same term at the prevailing interest rate when it matures.
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Fixed Term Deposit Accounts. For security reasons, we may not allow another person access to all of the Services we provide to you. If we do allow them to use a Service, you can tell them your security details as long as they agree to keep them safe.
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Fixed Term Deposit Accounts. 4.1 This is an interest bearing Account intended for saving.
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Fixed Term Deposit Accounts. 3.10 If you, or any of the joint Account holder(s) becomes bankrupt we may freeze the joint Account until we receive instructions from the other joint Account holder(s) and from the trustee in bankruptcy of the bankrupt joint Account holder.
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Fixed Term Deposit Accounts. This clause 10. sets out the terms and conditions relating to fixed term deposit accounts (the "Fixed Term Deposit Account"). In the event that this clause 10. is inconsistent with any other clause of this Agreement, in respect of Fixed Term Deposit Accounts, this clause 10. shall prevail. We only allow cleared funds to be transferred into your Fixed Term Deposit Account. Therefore, a cheque used as a deposit must be paid into your current account then, once the cheque has cleared, we will transfer the funds into your Fixed Term Deposit Account. You will receive the interest rate applicable once the funds have been transferred into your Fixed Term Deposit Account. The interest rate you receive is fixed rate of interest for the term of the Fixed Term Deposit Account and is calculated daily on the cleared balance. We will tell you what the applicable interest rate is when your Fixed Term Deposit Account is opened. We will pay you interest when we repay your deposit. The interest may be added to your Fixed Term Deposit Account or credited to you by cheque or by automated bank transfer to any UK bank account that you may nominate for such purpose. You cannot make additions to your initial deposit into your Fixed Term Deposit Account, but you can open more than one Fixed Term Deposit Account. Each Fixed Term Deposit Account will receive interest at the rate applicable at the time of opening. If you withdraw any money from your fixed term deposit prior to the maturity date you will lose all interest entitlement to your fixed term deposit and the remaining balance will be transferred immediately to your current account with Isbank London branch. You must contact us at least two Working Days before your Fixed Term Deposit Account matures to let us know what you wish to do on maturity. However, we will notify you in advance of the maturity date, but if we don't hear from you, your account will automatically be transferred to a Current Account.
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Related to Fixed Term Deposit Accounts

  • Deposit Accounts Neither Borrower nor any Subsidiary shall maintain any Deposit Accounts, or accounts holding Investment Property, except with respect to which Lender has an Account Control Agreement.

  • Checking Accounts The Credit Union may refuse any check or other item drawn against your account or used to withdraw funds from your account if it is not on a form approved by us. We also reserve the right to refuse any check or other item drawn against your account or used to withdraw funds from your account if made in a manner not specifically authorized for your account, if made more frequently or in a greater number than specifically permitted for your account, or if made in an amount less than the minimum withdrawal or transfer specifically permitted for your account. If we accept a check or other item not on a form approved by us, you will be responsible for any loss by us in handling the item. We may pay checks or other items drawn upon your account in any order determined by us, even if paying a particular check or item results in an insufficient balance in your account to pay one or more other items that otherwise could have been paid out of your account. Because of the nature of the Credit Union check program, neither the Credit Union nor any other processing entities shall be responsible for the authenticity of the checks with regard to the signature or alterations; and checks, when presented, shall be paid without verification. We may disregard all information on or any writing or memorandum attached to any check or item except for your signature, the amount and the information that is magnetically encoded. You agree that we do not fail to use ordinary care because our procedures do not provide for sight examination. You will notify us immediately if you learn or have reason to know that any of your checks have been lost or stolen. If you are negligent in safeguarding your checks or if there is a processing problem due to your use of a check printer we do not approve, we will not have any liability or responsibility for any losses you incur as a result if we act in good faith pursuant to standard commercial practices.

  • Client Accounts 17.1 It is agreed and understood that the types of the different Client Accounts offered by the Company and the characteristics of such Client Accounts are found on the Website and are subject to change at the Company’s discretion and according to paragraph 43 hereunder.

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

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