Unused Accounts Clause Samples

The Unused Accounts clause defines how accounts that have not been accessed or utilized within a specified period are managed. Typically, this clause outlines the criteria for determining when an account is considered unused, such as a lack of login activity for a set number of months, and may describe actions like account suspension, deletion, or notification to the account holder. Its core function is to maintain system security and efficiency by removing dormant accounts, thereby reducing potential risks associated with unauthorized access or data breaches.
Unused Accounts. Information Resource accounts must be reviewed (manually or automatically) at least every 60 days to determine whether or not such accounts are still actively in use. Accounts that have not been used within the past 60 days must at least be disabled to prevent access using that account. Managers should determine a timeline and process for documenting and re- enabling such disabled accounts based on criteria such as legitimate business need, including being notified by the account holder that they still require use of the account. Managers must determine a timeline for deletion of disabled accounts that remain unused; however, such timeline may not exceed 180 days.
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Unused Accounts. 8.1. An account at ▇▇▇▇▇▇▇▇▇.▇▇▇ that has not been used (that is, you have not made (did not carry out) transactions (operations) on the Platform, including those aimed at withdrawing funds, etc.) for more than three months may be considered unused by the Company.
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Unused Accounts. 12.1 An account that has not been used for trading operations on the Trading Platform for more than six calendar months shall be considered unused. 12.2 Unused accounts are deactivated. The Company shall notify the Client of the deactivation of the Account fifteen calendar days prior to the intended date of deactivation of the Account. 12.3 If the Client has received notification of Account deactivation, provided that there are funds assigned to the Client on such account, the Client undertakes to withdraw the remaining funds within fifteen calendar days. 12.4 If the Client does not initiate withdrawal of the Funds within fifteen calendar days, the Company has the right to automatically withdraw the funds and transfer them to the current (settlement) bank account, e-wallet, or to the Client’s virtual wallet address (identifier).
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Unused Accounts. Time-bar
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Related to Unused Accounts

  • Linked Accounts All accounts with the Bank that you enroll in a service will be linked by the tax identification numbers of the persons authorized to access the account. The linked accounts will appear together without regard to the ownership of the accounts. For example, if an authorized user of a linked account accesses the Service, that authorized user will be able to view and access at a single time the following accounts: • the accounts of the business for which that person is an authorized user; • the accounts of any other business for which that person is an authorized user; and • any consumer accounts for which the person is a co-owner or authorized signer.