Common use of Accrual of Interest on Deposits Clause in Contracts

Accrual of Interest on Deposits. If funds are credited to the Savings Account on or before 3:30 p.m. (CT) on a Business Day, we will consider that day to be the day of the deposit, and interest will begin accruing. However, if funds are credited to the Savings Account after 3:30 p.m. (CT), or on a weekend or federal holiday, we will consider that the deposit was made on the next Business Day and interest will start accruing on this day.

Appears in 5 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

AutoNDA by SimpleDocs

Accrual of Interest on Deposits. For determining the day on which interest begins to accrue on the Account, every day is a business day, except for Saturdays, Sundays and federal holidays. If funds are credited to the Savings Account on or before 3:30 p.m. (CT) on a Business Daybusiness day, we will consider that day to be the day of the deposit, and interest will begin accruing. However, if funds are credited to the Savings Account after 3:30 p.m. (CT), or on a weekend or federal holiday, we will consider that the deposit was made on the next Business Day business day and interest will start accruing on this day.

Appears in 4 contracts

Samples: brinksprepaidmastercard.com, brinksprepaidmastercard.com, Account Agreement

Accrual of Interest on Deposits. For determining the day on which interest begins to accrue on the Account, every day is a Business Day, except for Saturdays, Sundays and federal holidays. If funds are credited to the Savings Account on or before 3:30 p.m. (CT) on a Business Daybusiness day, we will consider that day to be the day of the deposit, and interest will begin accruing. However, if funds are credited to the Savings Account after 3:30 p.m. (CT), or on a weekend or federal holiday, we will consider that the deposit was made on the next Business Day business day and interest will start accruing on this day.

Appears in 2 contracts

Samples: Savings Account Agreement, Savings Account Agreement

Accrual of Interest on Deposits. For determining the day on which interest begins to accrue on the Savings Account, every day is a business day, except for Saturdays, Sundays and federal holidays. If funds are credited to the Savings Account on or before 3:30 p.m. (CT) on a Business Daybusiness day, we will consider that day to be the day of the deposit, and interest will begin accruing. However, if funds are credited to the Savings Account after 3:30 p.m. (CT), or on a weekend or federal holiday, we will consider that the deposit was made on the next Business Day business day and interest will start accruing on this day.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

AutoNDA by SimpleDocs

Accrual of Interest on Deposits. For determining the day on which interest begins to accrue on the Savings Account, every day is a business day, except for Saturdays, Sundays and federal holidays. If funds are credited to the Savings Account on or before 3:30 p.m. (CT) on a Business Daybusiness day, we will consider that day to be the day of the deposit, and interest will begin accruing. However, if funds are credited to the your Savings Account after 3:30 p.m. (CT), ) or on a weekend or federal holiday, we will consider that the deposit was made on the next Business Day business day and interest will start accruing on this day.

Appears in 1 contract

Samples: Savings Account Agreement

Accrual of Interest on Deposits. For determining the day on which interest begins to accrue on the Savings Account, every day is a business day, except for Saturdays, Sundays and federal holidays. If funds are credited to the Savings Account on or before 3:30 p.m. (CT) on a Business Daybusiness day, we will consider that day to be the day of the deposit, and interest will begin accruing. However, if funds are credited to the Savings Account after 3:30 p.m. (CT), ) or on a weekend or federal holiday, we will consider that the deposit was made on the next Business Day business day and interest will start accruing on this day.

Appears in 1 contract

Samples: Account Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.