Savings and Investment Accounts Sample Clauses

Savings and Investment Accounts. Terms relating to savings and investment Accounts are set out in the relevant product agreement or term sheet. Interest rates (except for Islamic Accounts) are provided to you when you open the Account.
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Savings and Investment Accounts. Terms relating to savings and investment Accounts are set out in the relevant product agreement or term sheet. Interest rates (except for Islamic Accounts) are provided to you when you open the Account. Maintaining a credit balance Unless we have granted you credit on your Account, you agree to maintain a credit balance at all times. If a debit balance arises, it is immediately due and payable from you to us and you agree to fund your Account to repay the debit balance immediately. You agree to pay interest and/or fees on any debit balance that arises as specified in the pricing guides. Interest is charged on a debit balance daily at midnight and is debited to your Account, with any fees, monthly in arrears. A transaction that you have done may sometimes only be debited to your account long after you have used your debit card to authorise the transaction. Your risk of a debit balance A debit balance can arise on your Account when you do not have a credit facility if: • your credit balance is insufficient to pay our fees when they are debited to your Account; • we allow you to draw against cheques that have been credited to your Account before we have collected payment from the drawer’s bank and the cheque is stopped or dishonoured; or • other debits passed to your Account exceed your credit balance (e.g. we allow a payment through to assist you although your credit balance is insufficient or we reverse a credit made to your Account in error). A debit balance may affect your credit profile. Absa Bank Limited Reg No 1986/004794/06 Authorised Financial Services Provider Registered Credit Provider Reg No NCRCP7 Absa 5679 EX (Online) (17/03/2021) Charges to other accounts If you fail to pay any credit agreement instalments when due, you authorise us to use amounts that you have available in any of your bank accounts, now or in the future, to pay such arrear amounts. Dormant accounts If you do not use your Account for a period of up to 90 (ninety) days it may become “dormant”. This means that you will not be able to use the Account or access any credit balance in your Account. To access a dormant Account or claim any credit balance in the Account, you will have to contact us through our Call Centre or visit any of our branches. We may ask you for information and documents to support your claim. We will give you at least 1 (one) month’s written notice before your Account becomes dormant. When you claim a dormant balance, we will add interest to your balance if it...
Sample 1

Related to Savings and Investment Accounts

  • Investment of Account Assets a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. or, if available, any other series of Provident Trust Mutual Funds, Inc. or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • PJM E-Accounts Buyer and Seller shall work with PJM to establish any PJM E-Accounts necessary for Seller to provide Full Requirements Service. In a timely manner, Xxxxx shall establish PJM E-Account contract(s) for the entire duration of the Transaction(s) and Seller shall confirm the PJM E-Account contract(s) for the entire duration of the Transaction(s).

  • 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.

  • Special Accounts 1. For the purposes of this Schedule:

  • Accounts Excluded from Financial Accounts The following accounts are excluded from the definition of Financial Accounts and therefore shall not be treated as U.S. Reportable Accounts.

  • Withdrawals from Accounts Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

  • Certain Savings Accounts 1. An account established and maintained in the Slovak Republic that satisfies any of the following:

  • Business Accounts If you are a business, any authorized user of your business is authorized on such terms, conditions, and agreements as we may require to: • enter into this Agreement, as amended from time to time; • access each account of yours in any manner and for any purpose available through the Service, whether now available or available at some time in the future; and • use any Online banking service in any manner and for any purpose available through the Service, whether now available or available at some time in the future.

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

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