TERMINATION OF THE RELATIONSHIP. 12.1. You may, at any time, terminate these Conditions and any Product Terms (unless such terms specify otherwise) by notifying us of your wish to do in writing. Such termination will not be effective until everything you owe us has been paid. 12.2. If you have entered into Product Terms in respect of a fixed term deposit account with us at such time that you serve notice under 12.1, your notice will, unless agreed otherwise, be deemed to be an instruction to terminate upon the maturity of the relevant deposit. 12.3. We can terminate this Agreement and any Product Terms (unless such terms specify otherwise) by giving you at least 60 days’ written notice. On expiry of the 60 days’ notice, or such other period as we may specify, all accounts you have with us will be closed. Any services which we provide will end as soon as your accounts are closed. 12.4. We may terminate these Conditions (and, subject to their terms, any Product Terms) immediately and/or close any or all of your accounts if we reasonably believe that: 12.4.1. you do not meet our eligibility requirements for one or more accounts; 12.4.2. you have given us any false information at any time; 12.4.3. you or someone else is using one of your accounts illegally or for criminal activity; 12.4.4. you are bankrupt; 12.4.5. your conduct (or that of persons acting on your behalf) means that it is inappropriate for us to maintain your accounts and/or a relationship with you; 12.4.6. by maintaining your accounts and/or our relationship with you, we might break or breach Applicable Law or regulation, code, contractual obligation or other duty which applies to us; 12.4.7. by maintaining your accounts and/or our relationship with you we may damage our reputation; or 12.4.8. you have been in serious or persistent breach of these Conditions or any other agreement between us. 12.5. All our costs linked either directly or indirectly to the recovery of any debt owed by you to us will be at your expense. 12.6. If the settlement of the accounts produces a balance in your favour, it is your responsibility to inform us where such balance is to be remitted. In the absence of any clear instructions, we will hold such balance in a non-interest bearing suspense account.
Appears in 1 contract
Sources: General Business Conditions
TERMINATION OF THE RELATIONSHIP.
12.111.1. You may, at any time, terminate these Conditions and any Product Terms (unless such terms specify otherwise) by notifying us of your wish to do in writing. Such termination will not be effective until everything you owe us has been paid.
12.211.2. If you have entered into Product Terms in respect of a fixed term deposit account with us at such time that you serve notice under 12.111.1, your notice will, unless agreed otherwise, be deemed to be an instruction to terminate upon the maturity of the relevant deposit.
12.311.3. We can terminate this Agreement and any Product Terms (unless such terms specify otherwise) by giving you at least 60 days’ written notice. On expiry of the 60 days’ notice, or such other period as we may specify, all accounts you have with us will be closed. Any services which we provide will end as soon as your accounts are closed.
12.411.4. We may terminate these Conditions (and, subject to their terms, any Product Terms) immediately and/or close any or all of your accounts if we reasonably believe that:
12.4.111.4.1. you do not meet our eligibility requirements for one or more accounts;
12.4.211.4.2. you have given us any false information at any time;
12.4.311.4.3. you or someone else is using one of your accounts illegally or for criminal activity;
12.4.411.4.4. you are bankruptinsolvent;
12.4.511.4.5. your conduct (or that of persons acting on your behalf) means that it is inappropriate for us to maintain your accounts and/or a relationship with you;
12.4.611.4.6. by maintaining your accounts and/or our relationship with you, we might break or breach Applicable Law or regulation, code, contractual obligation or other duty which applies to us;
12.4.711.4.7. by maintaining your accounts and/or our relationship with you we may damage our reputation; or
12.4.811.4.8. you have been in serious or persistent breach of these Conditions or any other agreement between us.
12.511.5. All our costs linked either directly or indirectly to the recovery of any debt owed by you to us will be at your expense.
12.611.6. If the settlement of the accounts produces a balance in your favour, it is your responsibility to inform us where such balance is to be remitted. In the absence of any clear instructions, we will hold such balance in a non-interest bearing suspense account.
Appears in 1 contract
Sources: General Business Conditions