Account Transfer Limitations Sample Clauses

Account Transfer Limitations. Withdrawals or transfers out of your savings accounts are limited by federal law. On all savings accounts, we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response or Home Banking transfers to another of your accounts or to the account of any other person or organization during each statement period. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any statement period, we can refuse or reverse the transfer, close your account, and charge a fee as stated in the Fee Schedule. Transactions that are not covered by these limitations include: (1) transfers from your account to pay a loan with us; (2) transfers to your other accounts with us; (3) withdrawals (payments directly to you) from the account when such transfers or withdrawals are made by mail, messenger, ATM or in person; and/or (4) withdrawals made by telephone if a check is mailed directly to you. Regular Savings Accounts
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Account Transfer Limitations. On all savings accounts, we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response, or Internet transfers to another of your accounts or to the account of any other person or entity during each calendar month; including transfers made by check or ATM/debit card purchase to another person or entity. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account (including Automated Clearing House (ACH) transactions). The date we use to determine the frequency of transactions is the date a transaction is posted to your account rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfer, close your account, and/or impose a fee as specified in the Rate and Fee disclosures. Transactions that are not subject to these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals by check mailed directly to you if the transfer or withdrawal is conducted in person, by mail or at an automated teller machine (ATM).
Account Transfer Limitations. You may make unlimited with- drawals from the checking account(s) you have with us by any method we allow. In addition, you may make unlimited withdrawals or transfers from a savings account(s) in person, by ATM, by mail request or by calling us for one of our checks. However, federal law limits the number of certain types of withdrawals from accounts treated as savings accounts as identified in the “Our Rates & Ser- vice Charges” disclosure. Accounts covered by this limitation in- clude all savings accounts. For these accounts, you may not make more than six (6) covered transactions per month. Covered trans- actions include your checks, transfers initiated through online banking or mobile banking, ACH transfers, merchant point of sale transactions, preauthorized or automatic transfers, and overdraft protection transfers. Transfers to pay a loan with us are not cov- ered by this limit. The date we use to determine the number of transactions is the date a transaction is posted to (actually credited to or debited from) an account, rather than the date you initiate the transaction. If you exceed this limit, federal law requires us to take corrective action. We may refuse or reverse the transaction, and we may impose charge as specified in the “Our Rates & Service Charges” disclosure. If you repeatedly exceed this limit, we may terminate the account. If you reach your limit of six (6) covered transactions from a savings account during a month, you may still make unlimited withdrawals from the account in person, by ATM, by mail, or by calling us for one of our checks.
Account Transfer Limitations. On all share or money market accounts (all non- transaction accounts), we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response or internet transfers to another of your accounts or to the account of any other person or organization during each calendar month. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the trans- fer, close your account, and charge a fee as stated in the Rate and Fee disclosures. Transactions that are not covered by these limitations include 1) transfers from your account to pay a loan with us, and 2) transfers to your other accounts with us or with- drawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an ATM.
Account Transfer Limitations. All transfers to and from an Account will be subject to the terms and conditions applicable to the Account as set forth in the Account Agreement, including but not limited to transfer limitations. For example, federal regulations limit certain types of transactions/transfers from a money market or savings Account. If you exceed these limits, we may impose a fee, close or convert your Account, limit your use of the W ire Transfer Service, or any combination of the foregoing. In addition, there may be other transfer limits addressed in the Account Agreement and Supporting Documents.
Account Transfer Limitations. On all savings, share, or mon- ey market accounts (all non-transaction accounts), we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response, or internet transfers to another of your accounts or to the account of any other person or organization during each calendar month. Only three (3) of these six (6) transfers can be made by check or debit card purchase to another person or or- ganization. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organi- zation from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfer, close your account, and charge a fee as stated in the Rate and Fee disclosures. Transactions that are not covered by these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an automated teller machine.
Account Transfer Limitations. On all savings accounts, we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response or online banking transfers to another of your accounts or to the account of any other person or organization during each statement period. No more than three (3) of the six (6) transfers may be made by check, draft, debit card (if applicable), or similar order to a third party. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfer, close your account, and charge a fee as stated in the Fees brochure. Transactions that are not covered by these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an ATM.
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Account Transfer Limitations. All transfers to and from an Account will be subject to the terms and conditions applicable to the Account as set forth in the deposit agreement governing the Account, including but not limited to transfer limitations. For example, federal regulations limit certain types of transactions/transfers from a money market or savings account. If you exceed these limits, we may impos e a fee, close or convert your Account, limit your use of the Connection Services, or any combination of the foregoing. Bill Payment Service . To use the Bill Payment feature (“Bill Payment Service”), you must access the feature through your Quick Books®/Quicken® software and designate the Account from which the bill payments are to be made (“Bill Payment Account”). Subject to this section, your use of the Bill Payment Service is subject to the terms and conditions provided in the Bill Payment Service section of this Agreement. For each bill payment, you will also be required to access your Quick Books®/Quicken® software to complete the name of the payee, the account number and the payee’s remittance address (as required by the software), the amount of the p ayment and the date you want the payment to be processed. If the payment processing date is not a business day, then your bill payment will be processed the next business day. Your access to the Bill Payment Service through Quick Books®/Quicken® may require you to designate a list of acceptable payees within the software. We do not oversee or monitor your list of payees (if any) and we will not be responsible for errors in the payee detail entered by you or maintained through the Quick Books®/Quicken® software. Notwithstanding the foregoing, we reserve the right to reject any payee at any time, at our discretion.
Account Transfer Limitations. On all savings, share, or money market accounts (all non-transaction accounts), we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response, or internet transfers to another of your accounts or to the account of any other person or organization during each calendar month. Only three (3) of these six (6) transfers can be made by check or debit card purchase to another person or organization. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfer, close your account, and charge a fee as stated in the Rate and Fee disclosures. Transactions that are not covered by these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an automated teller machine.
Account Transfer Limitations. You may make unlimited with- drawals from the checking account(s) you have with us by any method we allow. In addition, you may make unlimited withdrawals or transfers from a savings or money market account(s) in-person, by ATM, by mail request or by calling us for one of our checks. How- ever, federal law limits the number of certain types of withdrawals from accounts treated as savings accounts as identified in “Our Rates & Service Charges.” Accounts covered by this limitation in- clude all savings and money market accounts. For these accounts, you may not make more than six (6) covered transactions per month. Covered transactions include your checks, transfers initiated through online banking or mobile banking, ACH transfers, merchant point of sale transactions, preauthorized or automatic transfers, and over- draft protection transfers. Transfers to pay a loan with us are not cov- ered by this limit. The date we use to determine the number of trans- actions is the date a transaction is posted to (actually credited to or debited from) an account, rather than the date you initiate the trans- action. If you exceed this limit, federal law requires us to take correc- tive action. We may refuse or reverse the transaction, and we may impose a charge as specified in “Our Rates & Service Charges.” If you repeatedly exceed this limit, we may terminate the account. If you reach your limit of six (6) covered transactions from a savings or money market account during a month, you may still make unlimited withdrawals from the account in-person, by ATM, by mail, or by call- ing us for one of our checks.
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