Common use of Authorization Holds for Debit Card Transactions Clause in Contracts

Authorization Holds for Debit Card Transactions. When you use your Card to pay for goods or services, you understand that some participating merchants (such as hotels, car rental companies, restaurants or gas stations) may initiate electronic notices seeking validation of the Card and/ or authorization of the anticipated purchase transaction. Upon a merchant seeking validation or authorization, we may place a temporary hold against the Checking Account for the amount requested by the merchant if your account’s available balance is sufficient for the requested transaction. Such an anticipated purchase amount may exceed the amount of the actual purchase transaction or may be less than the actual purchase transaction amount. We refer to this temporary hold as an “authorization hold,” and the amount of the authorization hold will be subtracted from your available balance (generally in real time as they are received by us throughout each day). Subsequently, when the transaction settles and posts to your account, we will release the hold and post the transaction to your account. No overdraft fees will be imposed on the transaction if the available balance was sufficient for the merchant’s request at the time the authorization hold was placed, even if the available balance is insufficient to pay the transaction at the time of posting. The amount of an authorization hold may differ from the actual transaction amount because the actual transaction amount may not yet be known to the merchant when the authorization request is submitted (such as a gas station purchase). This can happen at a restaurant or a gas station, where your debit card is swiped before your actual transaction amount is known, because you may choose to add a tip to a restaurant transaction or because the amount of gas you pump is unknown when your card is swiped. For those transactions, there may be no authorization hold, or the amount of the authorization hold may be different from the transaction amount. In some other cases we may not receive an authorization request from the merchant, and there will be no authorization hold reflected in your available balance. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. We are permitted to place an authorization hold on your account for up to three (3) business days (or for up to thirty (30) business days for certain types of debit card transactions) from the time of the authorization. If the transaction is not submitted for payment by the merchant within the specified time period, however, we will release the authorization hold, which will increase your available balance until the transaction is submitted for payment by the merchant and finally posted to your account. If this happens, we must honor the prior authorization and will pay the transaction from your account. In certain instances, when the amount of the authorization hold is either more or less than the amount of the actual transaction, we may maintain the authorization hold even after the purchase amount is actually paid from your account. However, in these instances, we will still not maintain an authorization hold for longer than three (3) business days (or for up to thirty (30) business days for certain transactions). It is your responsibility to record and closely track all of your transactions to confirm that your available balance accurately reflects your spending of funds from the account linked to your debit card. Prohibited Activity or Transactions – Your Card(s) and/or account may not be used for any illegal activity or transaction. Further, you may not utilize your Card(s) and/or account for the purchase of any goods or services online that involve gambling of any sort. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network and any betting transaction, including the purchase of lottery tickets or casino gaming chips or off-track betting or wagering. We may deny authorization of any transactions identified as online gambling. However, in the event that a charge or transaction described in this paragraph is approved and processed, you will still be responsible for such charges.

Authorization Holds for Debit Card Transactions. You may make electronic services withdrawals, advances or purchases only to the extent you have available funds in your share account and/or overdraft source (including the courtesy pay service, under which we reserve the right to pay your overdraft transactions). When you use your Card to pay ATM card or Visa debit card for goods certain electronic services with a merchant, a hold may be placed on your checking account or services, you understand that some participating merchants (such as hotels, car rental companies, restaurants or gas stations) other accessed account. The hold may initiate electronic notices seeking validation of the Card and/ or authorization of the anticipated purchase transaction. Upon a merchant seeking validation or authorization, we may place a temporary hold against the Checking Account be for the amount requested by the merchant if your account’s available balance is sufficient for the requested transaction. Such an anticipated purchase amount may exceed the amount of the actual purchase transaction transaction, or may be a pre-established amount in excess of or less than the actual purchase transaction amount. We refer to this temporary hold as an “authorization hold,” and the amount of individual transactions. The held funds will not be available for other account purposes, and we have the authorization right to return checks or other items drawn against your account to maintain sufficient funds to pay for any previously authorized transactions. The hold will be subtracted from your available balance (generally in real time as they are received by us throughout each day)released when a matching transaction is settled. SubsequentlyIn the event that the amount settled does not match the authorization amount, when the transaction settles and posts to your account, we will release the hold will not be released and post the transaction to your account. No overdraft fees will may generally be imposed on the transaction if the available balance was sufficient held for the merchant’s request at the time the authorization hold was placed, even if the available balance is insufficient to pay the transaction at the time a maximum number of posting. The amount of an authorization hold may differ from the actual transaction amount because the actual transaction amount may not yet be known to the merchant when the authorization request is submitted five (such as a gas station purchase). This can happen at a restaurant or a gas station, where your debit card is swiped before your actual transaction amount is known, because you may choose to add a tip to a restaurant transaction or because the amount of gas you pump is unknown when your card is swiped. For those transactions, there may be no authorization hold, or the amount of the authorization hold may be different from the transaction amount. In some other cases we may not receive an authorization request from the merchant, and there will be no authorization hold reflected in your available balance. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. We are permitted to place an authorization hold on your account for up to three (35) business days (or for up to thirty (30) business days for certain types of debit card transactions) from ). You must refer to the time of the authorization. If the transaction is not submitted section entitled “Authorization Holds for payment by the merchant within the specified time period, however, we will release the Debit Card Transactions” below in this Electronic Services Agreement and Disclosure for more detailed information about how authorization hold, which will increase holds affect your available balance until the transaction is submitted for payment balance. You understand and agree that we accept funds deposited at an ATM subject to verification and collection, and receipts issued by the merchant and finally posted to your account. If this happens, we must honor the prior authorization and will pay the transaction from your account. In certain instances, when the amount of the authorization hold is either more or less than the amount of the actual transaction, we may maintain the authorization hold even an ATM are binding only after the purchase amount is actually paid from your account. However, in these instances, we will still not maintain an authorization hold for longer than three (3) business days (or for up to thirty (30) business days for certain transactions). It is your responsibility to record and closely track all of your transactions to confirm that your available balance accurately reflects your spending of funds from the account linked to your debit card. Prohibited Activity or Transactions – Your Card(s) and/or account may not be used for any illegal activity or transaction. Further, you may not utilize your Card(s) and/or account for the purchase of any goods or services online that involve gambling of any sort. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network and any betting transaction, including the purchase of lottery tickets or casino gaming chips or off-track betting or wageringverification. We may deny authorization of any transactions identified place a hold for uncollected funds on an item you deposit. This could delay your ability to withdraw such funds. The delay will depend upon our policies as online gamblingpermitted by law, and you should refer to our Funds Availability Policy for details. However, We are not responsible for delays in a deposit posting due to improper identification in the event that a charge deposit envelope or transaction described in this paragraph is approved and processed, you will still be responsible for such chargesimproper keying of your transaction.

Authorization Holds for Debit Card Transactions. When you use make a purchase with your Card to pay debit card, the merchant may seek our prior authorization for goods or services, you understand that some participating merchants (such as hotels, car rental companies, restaurants or gas stations) may initiate electronic notices seeking validation of the Card and/ or authorization of the anticipated purchase transaction. Upon a merchant seeking validation or authorization, we may We generally place a temporary hold against the Checking Account for the amount requested by the merchant if your account’s available balance is sufficient for the requested transaction. Such an anticipated purchase amount may exceed the amount some or all of the actual purchase transaction or may be less than funds in the actual purchase transaction amountaccount linked to your debit card if and when an authorization request is obtained. We refer to this temporary hold as an “"authorization hold,” and the amount of the authorization hold will be subtracted from your available balance (generally in real time as they are received by us throughout each day). Subsequently, when the transaction settles and posts to your account, we will release the hold and post the transaction to your account. No overdraft fees will be imposed on the transaction if the available balance was sufficient for the merchant’s request at the time the authorization hold was placed, even if the available balance is insufficient to pay the transaction at the time of posting. The amount of an authorization hold may differ from the actual transaction amount because the actual transaction amount may not yet be known to the merchant when the authorization request is submitted (such as a gas station purchase). This can happen at a restaurant or a gas station, where your debit card is swiped before your actual transaction amount is known, because you may choose to add a tip to a restaurant transaction or because the amount of gas you pump is unknown when your card is swiped. For those transactions, there may be no authorization hold, or the amount of the authorization hold may be different from the transaction amount. In some other cases we may not receive an authorization request from the merchant, and there will be no authorization hold reflected in your available balance. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. We are permitted to place an authorization hold on your account for up to three (3) business days (or for up to thirty (30) business days for certain types of debit card transactions) from the time of the authorization. If the transaction is not submitted for payment by the merchant within the specified time period, however, we will release the authorization hold, which will increase your available balance until the transaction is submitted for payment by the merchant and finally posted to your account. If this happens, we must honor the prior authorization and will pay the transaction from your account. In certain instances, when the amount of the authorization hold is either more or less than the amount of the actual transaction, we may maintain the authorization hold even after the purchase amount is actually paid from your account. However, in these instances, we will still not maintain an authorization hold for longer than three (3) business days (or for up to thirty (30) business days for certain transactions). It is your responsibility We urge you to record and closely track all of your transactions closely to confirm that your available balance accurately reflects your spending of funds from the account linked to your debit card. Prohibited Activity or Transactions – Your Card(s) and/or account may not be used for any illegal activity or transaction. Further, you may not utilize your Card(s) and/or account for the purchase of any goods or services online that involve gambling of any sort. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network and any betting transaction, including the purchase of lottery tickets or casino gaming chips or off-track betting or wagering. We may deny authorization of any transactions identified as online gambling. However, in the event that a charge or transaction described in this paragraph is approved and processed, you will still be responsible for such charges.INSUFFICIENT FUNDS

Authorization Holds for Debit Card Transactions. What is an Authorization Hold? When you use your Card debit card to pay for goods or services, you understand that some participating merchants (such as hotels, car rental companies, restaurants or gas stations) the merchant may initiate electronic notices seeking validation of seek preauthorization from us for the Card and/ or authorization of the anticipated purchase transaction. Upon a merchant seeking validation or authorizationWhen we preauthorize the transaction, we may commit to make the requested funds available when the transaction finally posts and as such, we generally place a temporary hold against some or all of the Checking Account for funds in the amount requested by the merchant if account linked to your account’s available balance is sufficient for the requested transaction. Such an anticipated purchase amount may exceed debit card, based on the amount of the actual purchase transaction or may be less than preauthorization request from the actual purchase transaction amountmerchant. We refer to this temporary hold as an “authorization hold,” and the amount of the authorization hold will be subtracted from your available balance (generally in real time as they authorization requests are received by us throughout each day). Subsequently, when • How Does an Authorization Hold Affect Your Available Balance? Until the transaction finally settles or we otherwise remove the hold (for example, we may remove the hold because it exceeds the time permitted or we determine that it is unlikely to be processed), the funds subject to the hold will not be available to you for other purposes. At some point after you sign for the transaction, it is processed by the merchant and posts submitted to us for payment. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. We have no control over when a merchant may present an item for payment. Merchant payment requests are received in real time throughout the day and are posted to your account, we will release account as they are received. • The Amount of an Authorization Hold May Differ From the hold and post Amount of the transaction to your account. No overdraft fees will be imposed on the transaction if the available balance was sufficient for the merchant’s request at the time the authorization hold was placed, even if the available balance is insufficient to pay the transaction at the time of postingActual Transaction. The amount of an authorization hold may differ from the actual transaction amount because the actual transaction amount may not yet be known to the merchant when the authorization request is submitted (such as a gas station purchase)submitted. This For example, this can happen at a restaurant or a gas station, in connection with transactions where your debit card is swiped authorized before your actual transaction amount is known, because such as at a restaurant (where you may choose to add a tip to the transaction amount) or a restaurant transaction or because the amount of gas you pump is unknown when your card is swipedstation. For those these types of transactions, there may be no authorization hold, or the amount of the authorization hold may be different from the transaction amount. In some other cases we may not receive an authorization request from the merchant, and there will be no authorization hold reflected in your available balance. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. • Length of an Authorization Hold. We are permitted to place an authorization hold on your account for up to three (3) business days (or for up to thirty (30) business days for certain types of debit card transactions) from the time of the authorizationauthorization or until the transaction is paid from your account. If However, if the transaction is not submitted for payment by the merchant within the specified time period, howeverpayment, we will release the authorization hold, which will increase your available balance until the transaction is submitted for payment by the merchant and finally posted to your account. If this happens, we must honor the prior authorization and will pay the transaction from your account. In certain instances, when the amount of the authorization hold is either more or less than the amount of the actual transaction, we may maintain the authorization hold even after the purchase amount is actually paid from your account, which will decrease your available balance. However, in these instances, we will still not maintain an authorization hold for longer than three (3) business days (or for up to thirty (30) business days for certain transactions). It is your responsibility to record and closely track all of your transactions to confirm that your available balance accurately reflects your spending of funds from the account linked to your debit card. Prohibited Activity or Transactions – Your Card(s) and/or account may not be used for any illegal activity or transaction. Further, you may not utilize your Card(s) and/or account for the purchase of any goods or services online that involve gambling of any sort. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network and any betting transaction, including the purchase of lottery tickets or casino gaming chips or off-track betting or wagering. We may deny authorization of any transactions identified as online gambling. However, in the event that a charge or transaction described in this paragraph is approved and processed, you will still be responsible for such charges.

Authorization Holds for Debit Card Transactions. When you use your Card debit card to pay for goods or services, you understand that some participating merchants (such as hotels, car rental companies, restaurants or gas stations) the merchant may initiate electronic notices seeking validation of ask us to authorize the Card and/ or authorization of transaction and may estimate its final value. When we authorize the anticipated purchase transaction. Upon a merchant seeking validation or authorization, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold against the Checking Account for the amount requested by the merchant if your account’s available balance is sufficient for the requested transaction. Such an anticipated purchase amount may exceed the amount some or all of the actual purchase funds in the account linked to your debit card. Until the transaction finally settles or may we determine that it is unlikely to be less than processed, the actual purchase transaction amountfunds subject to the hold will not be available to you for other purposes. We refer to this temporary hold as an “authorization hold,” and the amount of the authorization hold will be subtracted from your available balance (generally in real time as they are received by us throughout each day). SubsequentlyWe will only charge your account for the correct amount of the final transaction, however, and we will release any excess amount when the transaction settles and posts to your account, we will release the hold and post the transaction to your account. No overdraft fees will be imposed on the transaction if the available balance was sufficient for the merchant’s request at the time the authorization hold was placed, even if the available balance is insufficient to pay the transaction at the time of postingfinally settles. The amount of an authorization hold may differ from the actual transaction amount because the actual transaction amount may not yet be known to the merchant when the authorization request is submitted (such as a gas station purchase)submitted. This can happen at a restaurant or a gas station, where your debit card is swiped before your actual transaction amount is known, or because you may choose to add a tip to a restaurant transaction or because the amount of gas you pump is unknown when your card is swiped. For those transactions, there may be no authorization hold, or the amount of the authorization hold may be different from the transaction amount. In some other cases we may not receive an authorization request from the merchant, and there will be no authorization hold reflected in your available balance. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. We are permitted to place an authorization hold on your account for up to three (3) business days (or for up to thirty (30) business days for certain types of debit card transactions) from the time of the authorizationauthorization or until the transaction is paid from your account. If However, if the transaction is not submitted for payment by the merchant within the specified time period, howeverpayment, we will release the authorization hold, which will increase your available balance until the transaction is submitted for payment by the merchant and finally posted to your account. If this happens, we must honor the prior authorization and will pay the transaction from your account. In certain instances, when the amount of the authorization hold is either more or less than the amount of the actual transaction, we may maintain the authorization hold even after the purchase amount is actually paid from your account. However, in these instances, we will still not maintain an authorization hold for longer than three (3) business days (or for up to thirty (30) business days for certain transactions)days. It is your responsibility We urge you to record and closely track all of your transactions to confirm that your available balance accurately reflects your spending of funds from the account linked to your debit card. Prohibited Activity or Transactions – Your Card(s) and/or account may not be used for any illegal activity or transaction. Further, you may not utilize your Card(s) and/or account for the purchase of any goods or services online that involve gambling of any sort. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network and any betting transaction, including the purchase of lottery tickets or casino gaming chips or off-track betting or wagering. We may deny authorization of any transactions identified as online gambling. However, in the event that a charge or transaction described in this paragraph is approved and processed, you will still be responsible for such charges.