If you read your contract with your financial institution it will stipulate the reasons the can close it and some can close it for no reason at all. A financial institution doesnt have an obligation to open an account for you at all; it's pretty much an at-will relationship. Views Â· View Upvotes. , works at ICICI Bank.
billow (plural billows) A large wave, swell, surge, or undulating mass of something, such as water, smoke, fabric or sound Cowper whom the winds waft where'er the billows roll.
BILL, merc. law. An account containing the items of goods sold, or of work done by one person against another. It differs from an account stated (q. v.) in this, that the latter is a bill approved and sanctioned by the debtor, whereas a bill is made out by the creditor alone. BILL, contracts.