Switch Date definition
Examples of Switch Date in a sentence
For 3 years after the Switch Date, or longer in accordance with section 1.14 of this Agreement, payments received by your Old Bank in any currency other than pounds will be redirected in the same currency as your Old Bank receives them on the day that the funds are made available to your Old Bank.
You are liable for any outstanding debt on your Old Account remaining after the Switch Date.
Your Old Bank will forward any funds remaining in your Old Account to your New Account on the Switch Date.
If you have outstanding debt on your Old Account (including any fees or charges) after the Switch Date, your Old Bank will tell you.
For 3 years after the Switch Date if your Old Bank receives payments or requests for payments which relate to your Old Account, subject to compliance with applicable laws, it will redirect these to your New Account.