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The provision establishes the bank's contractual rights regarding account closure and defines the procedural framework for account termination. This clause addresses the bank's ability to discontinue the deposit relationship and governs transition procedures.
Under this provision, account holders operate subject to the bank's authorization to terminate accounts according to the terms stated. The clause specifies the notice period and procedures account holders must follow upon account closure.
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The provision establishes the bank's contractual rights regarding account closure and defines the procedural framework for account termination. This clause addresses the bank's ability to discontinue the deposit relationship and governs transition procedures.
Under this provision, account holders operate subject to the bank's authorization to terminate accounts according to the terms stated. The clause specifies the notice period and procedures account holders must follow upon account closure.
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