Common use of Account Transaction Volume Limitations Clause in Contracts

Account Transaction Volume Limitations. We may limit the number of items deposited and/or the frequency of deposits and other transactions that you can make each day to your account(s). The date we use to determine the frequency of transactions is the date a transaction is completed by us rather than the date you initiate the transaction. If we allow or honor a nonconforming transaction, we are not required to allow or honor future nonconforming transactions. Should the transactions on your account exceed the limitations we establish, we may limit your account transaction activity, impose a fee as specified in the Rate and Fee disclosures, or close your account.