Examples of Existing Accounts in a sentence
Existing Accounts for Known Money Services Businesses This guidance is not a directive to banking organizations to conduct immediately a review of existing accounts for known money services businesses for the sole purpose of determining licensing or registration status.
Within the 40 sample accounts we requested the following category: 10 Approved Existing Accounts; 10 Approved Transfer Accounts; 10 Denied New Accounts; and 10 Denied Existing Accounts.
That the authority conferred on the Approved Persons by these Resolutions may be exercised by the Approved Persons in respect of all Existing Accounts and Existing Services including the authority to amend and revoke the mandate for any such Existing Accounts and Existing Services and until they are amended or revoked, the mandates for the Existing Accounts and Existing Services will remain in force.
Paragraph 21 contains explicit 8, 2011 modification to the Receiver Order expressly sets forth that “[b]y changing the persons with signatory authority on the Existing Accounts (or any other accounts), the ownership of the funds in such accounts is not affected.” The “Existing Accounts” just happen to be those into which revenues derived from the sewer system have been and continue to be deposited along with other monies obtained solely for utilization in connection with the sewer system.
Other Existing Accounts: Fraudsters also use identity information of victims to access their bank or investment accounts (through debit cards, online banking, electronic funds transfer, cheque fraud, or otherwise) and telephone accounts.