1. Where a time limit has been fixed for the closure of the account, it shall be closed on the expiry of said limit; however, it may be closed before the expiry of such time limit by mutual agreement of both parties. 2. Where a time limit is not set for the current account, it may be closed at any time at the wish of either party, in compliance with the time limits prescribed for notices as agreed upon or as customary. 3. In all cases, the account shall be closed upon the death of either party or lack of capacity or where either party is declared bankrupt, the legal person expires, the bank is removed from the list of operating banks or the bank ceases to carry out its business.
Interpretation and application must be checked against the official text and current version.