Common use of Accrual of Interest on Noncash Deposits Clause in Contracts

Accrual of Interest on Noncash Deposits. Interest begins to accrue on the business day you deposit noncash items (for example, checks). TRANSACTION LIMITATIONS After the account is opened, you  may  may not make deposits into your account until the maturity date.

Accrual of Interest on Noncash Deposits. Interest begins to accrue on the business day you deposit noncash items (for example, checks). TRANSACTION LIMITATIONS After the account is opened, you  🞏 may  🞏 may not make deposits into your account until the maturity date.