Common use of ACH Debit Transactions Clause in Contracts

ACH Debit Transactions. Cut-off Time - The cut-off time for scheduling next day ACH transfers is 3:00 pm CST. The cut- off time for scheduling same day ACH transfers (if enabled on your Account) is 11:00 am CST. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. Any same day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled as next day ACH transfer. In some circumstances, transactions may be delayed for risk or compliance reasons. At the Bank’s discretion, the amount of funds that can be transferred from your account per day may be limited.

Appears in 3 contracts

Samples: Consumer Deposit Account Agreement, Consumer Deposit Account Agreement, Consumer Deposit Account Agreement

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ACH Debit Transactions. Cut-off Time - The cut-off time for scheduling next day ACH transfers is 3:00 pm CSTCentral Time. The cut- cut-off time for scheduling same day ACH transfers (if enabled on your Account) is 11:00 am CSTCentral Time. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. Any same day ACH transfer scheduled after the cut-cut- off time will be treated as if it were scheduled as next day ACH transfer. In some circumstances, transactions may be delayed for risk or compliance reasons. At the Bank’s discretion, the amount of funds that can be transferred from your account per day may be limited.

Appears in 1 contract

Samples: Consumer Deposit Account Agreement

ACH Debit Transactions. Cut-off Time - The cut-off time for scheduling next day ACH transfers is 3:00 pm CST3:00pm EST. The cut- cut-off time for scheduling same day ACH transfers (if enabled on your Account) is 11:00 am CST1:30pm EST. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. Any same day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled as next day ACH transfer. In some circumstances, transactions may be delayed for risk or compliance reasons. At the Bank’s 's discretion, the amount of funds that can be transferred from your account per day may be limited.

Appears in 1 contract

Samples: Deposit Account Agreement

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ACH Debit Transactions. Cut-off Time - The cut-off time for scheduling next day ACH transfers is 3:00 pm 4:00 PM CST. The cut- off time for scheduling same day ACH transfers (if enabled on your Account) is 11:00 am AM CST. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. Any same day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled as next day ACH transfer. In some circumstances, transactions may be delayed for risk or compliance reasons. At the Bank’s discretion, the amount of funds that can be transferred from your account per day may be limited.

Appears in 1 contract

Samples: Health Savings Account Consumer Deposit Agreement

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