Authorizations to Result in Holds on Funds in Your Account. We reserve the right to place a hold on your designated account or any of your accounts with us based on the authorization prior to settlement (the actual posting of the transaction to your account). This could result in an overdraft if sufficient funds are not available in your account to cover both the hold and any checks or other items posting to the account. The daily withdrawal limits using your Debit Card are the lesser of your available balance or: $1,000.00 for point of sale pinned transactions processed as a debit, $1,000.00 for point of sale signature-based transactions processed as a credit, and $750.00 for ATM withdrawals. You may lower your daily withdrawal limit for your Debit Card to $50.00 by contacting the Bank. Higher limits may be available upon request. Some of these services may not be available at all terminals.
Authorizations to Result in Holds on Funds in Your Account. We reserve the right to place a hold on your account based on the authorization prior to settlement (the actual posting of the transaction to your account). This could result in an overdraft if sufficient funds are not available in your account to cover both the hold and any checks or other items posting to the account. We will not make cash refunds on purchases. Any claim or defense for purchases must be handled by you directly with the merchant or other business establishment that accepted your Card. You may not assert disputes you may have with a merchant against us, as, for example, when you believe that the goods or services paid for with your Card were defective, not delivered or not as promised. Any such dispute is solely between you and the merchant, and you must still pay the total amount of the sales draft plus any appropriate charges we may be authorized to make. Any merchant credit vouchers for returns or adjustments will be credited to your designated account when received by us. Purchases, cash advances and cash withdrawals made in for- eign countries and foreign currencies using your Card will be converted by Visa, Inc. (“Visa”) and charged to your account in U.S. dollars. The Visa currency conversion procedure includes use of either a government-mandated exchange rate or a wholesale exchange rate selected by Visa. The government- mandated exchange rate or wholesale exchange rate used for a particular transaction is the rate Visa selects for the applica- ble currency on the day the transaction is processed, which rate may differ from the rate on the date the transaction actu- ally occurred or was posted to your account. Any documentation provided to you which indicates that an electronic funds transfer was made shall be admissible as evi- dence of such transfer and shall constitute prima facie proof that such transfer was made..
