Eligibility Criteria for Current Accounts

• Age requirements: Age requirements refer to the specific age criteria that individuals must meet in order to participate in a particular activity, service, or programme. These requirements are put in place to ensure the safety, well-being, and suitability of participants based on their age. Age requirements can vary depending on the activity or service, and they are typically established by laws, regulations, or the organisers themselves. When setting age requirements, factors such as physical development, cognitive abilities, maturity level, and legal responsibilities are taken into consideration. For example, certain age requirements may restrict individuals from driving a car, consuming alcohol, entering a nightclub, or participating in a sports competition until they reach a certain age deemed appropriate for that activity. It is important for individuals and organisations to adhere to age requirements to promote a safe and inclusive environment for everyone involved. Failure to comply with age requirements can not only pose risks to individuals but also lead to legal consequences. Therefore, it is crucial to be aware of and respect age requirements in various contexts to ensure the well-being and compliance of all participants.
• Residency requirements: Residency requirements refer to the conditions or rules that an individual must meet in order to establish legal residency in a particular place. These requirements may vary depending on the country, state, or institution in question. They are typically put in place to regulate who can live or work in a specific area and may include factors such as the length of time a person must reside in a location, proof of address, employment status, or other criteria. In some cases, residency requirements may also determine eligibility for certain benefits or services provided by the government or other organisations. It is important for individuals to understand and comply with residency requirements to ensure they are abiding by the law and have access to the necessary resources in their place of residence. Failure to meet residency requirements could result in legal consequences or the loss of privileges associated with residency status.
• Other eligibility criteria (e.g., credit checks, employment status):