Withdrawal Notice

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Withdrawal Notice

A written statement informing a bank that a depositor wishes to make a withdrawal from an account. Depending on the type of account, some withdrawal notices must be made a certain number of days in advance. Most of the time, however, a withdrawal may be made on demand.
References in periodicals archive ?
To provide greater flexibility and accessibility, National Bank of Kuwait now offers 'Notice Accounts' for its Premium Banking customers that allow access to savings via withdrawal notices.
NYSE:HUM) implied that it also might withdraw from many state exchange programs, and it has already sent several states market withdrawal notices.
The ACLHIC coalition has persuaded California regulators to wait at least until April 15 before issuing any withdrawal notices, according to Gene Livingston, the plaintiffs' lawyer.
However, authorities will be able to issue suspension notices, a requirement to mark and warn, withdrawal notices, recall notices and orders for the forfeiture and destruction of unsafe products.
The agencies believe that posting withdrawal notices helps further this effort (67 Fed.
Those who have either imposed unilateral fee increases or issued withdrawal notices, must first move away from such action and be prepared to negotiate a reasonable and realistic way forward with the local authority.
the mechanics of issuing withdrawal notices under Crummey are burdensome because of the paperwork involved;
In addition, the mechanics of issuing withdrawal notices under Crummey are burdensome.