Availability of ACH Transfer and EFT Deposits Sample Clauses

Availability of ACH Transfer and EFT Deposits. Funds from ACH Transfers or EFTs that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer or EFT is deemed to be received by us. An ACH Transfer or EFT debit to a Linked Account or any other external account that we originate on your behalf will generally be made available on the third business day after the date the ACH Transfer or EFT is deemed to be received and processed by us. Once they are available, you can us e the funds for EFTs and ACH Transfers. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your Account is returned, rejected, or otherwise uncollected by the Bank. Exhibit 1 - FEE SCHEDULE You are not required to pay Bank any fees in connection with this Account. You may be responsible for paying fees to the Service Provider Platform. Transaction Type Dollar Amounts/Per Day* Direct deposits or ACH Transfers initiated from an outside financial institution No maximum dollar limit Wires initiated from an outside financial institution No maximum dollar limit ACH Transfers (debit) initiated from Us or a Linked Bank Account No limit to the number of times per calendar day $1,000,000.00 daily limit Deposits using an external debit or credit card from an outside financial institution 0 times per calendar day Not Enabled Remote Deposit Capture (RDC) 0 times per calendar day Not Enabled
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Availability of ACH Transfer and EFT Deposits. Funds from ACH Transfers or EFTs that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer or EFT is deemed to be received by us. An ACH Transfer or EFT debit to a Linked Account or any other external account that we originate on your behalf will generally be made available on the third business day after the date the ACH Transfer or EFT is deemed to be received and processed by us. Once they are available, you can use the funds for EFTs and ACH Transfers. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your Account is returned, rejected, or otherwise uncollected by the Bank No fees are associated with the Account at this time.
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Availability of ACH Transfer and EFT Deposits. Funds from ACH Transfers or EFTs that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer or EFT is deemed to be received by us. Once they are available, you can us e the funds for EFTs and ACH Transfers. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your Account is returned, rejected, or otherwise uncollected by the Bank. An ACH Transfer or EFT debit to a Linked Account or any other external account that we originate on your behalf will generally be made available on the third business day after the date the ACH Transfer or EFT is deemed to be received and processed by us.
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Availability of ACH Transfer and EFT Deposits. Funds from ACH Transfers or EFTs that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer or EFT is deemed to be received by us. An ACH Transfer or EFT debit to a Linked Account or any other external account that we originate on your behalf will generally be made available on the third business day after the date the ACH Transfer or EFT is deemed to be received and processed by us. Once they are available, you can use the funds for EFTs and ACH Transfers. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your Account is returned, rejected, or otherwise uncollected by the Bank. Exhibit 1 FEE SCHEDULE Card Purchase Fee $0.00 Account Registration Fee $0.00 Virtual Card Issuance Fee: $0.00 Monthly Fee: $0.00 Fees for Spending Money Per Transaction $0.00 Fees for Getting Cash Per Transaction $0.00 International Fees 3.00% Replace Card $0.00 Expedite Card $0.00 ATM Cash Withdrawal - Domestic $1.50 ATM Cash Withdrawal – International $3.50
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Availability of ACH Transfer and EFT Deposits. Funds from ACH Transfers or EFTs that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer or EFT is deemed to be received by us. An ACH Transfer or EFT debit to a Linked Account or any other external account that we originate on your behalf will generally be made available on the third business day after the date the ACH Transfer or EFT is deemed to be received and processed by us. Once they are available, you can use the funds for EFTs and ACH Transfers. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your Account is returned, rejected, or otherwise uncollected by the Bank. Exhibit 1 FEE SCHEDULE ACH Regular $ 0.00 Same day $ 0.13 RDC $ 0.45 (per deposit) Wires In & Out Incoming $7 Outgoing $7 Incoming - International $35 Outgoing - International $63 Returns Domestic $10 International $55 ATM Withdrawal Domestic (per withdrawal) $3 International (per withdrawal) 3% of withdrawal amount ATM Card Physcial Card – Issue $6.50 Virtual Card – Issue $1.50 Physcial Card Mailing Fees by USPS (Optional) USPS first class mail (Mail duration up to 9 days) $2.60 USPS Priority Mail (Mail duration up to 1-3 days) $15.00 *Frequency and transaction limits are subject to change at any time without your further notice, unless required by law. Exhibit 2 Card Transaction Limit Transaction Type Transaction Limit Additional Notes Point-of-Sale Daily Limit $30,000 Weekly $50,000 & Monthly $90,000 Daily ATM Withdrawal Limit * $300.00 Weekly 2,250 & Monthly $9,000 Per Transaction ATM Withdrawal Limit $505.00 Total Daily Cash Withdrawal * $505.00 Total Daily Limit (POS, cash adv., ATM w/ d) * $31,310 Weekly $52,250 & Monthly $99,000
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Availability of ACH Transfer and EFT Deposits. Funds from ACH Transfers or EFTs that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer or EFT is deemed to be received by us. An ACH Transfer or EFT debit to a Linked Account or any other external account that we originate on your behalf will generally be made available on the third business day after the date the ACH Transfer or EFT is deemed to be received and processed by us. Once they are available, you can use the funds for EFTs and ACH Transfers. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your Account is returned, rejected, or otherwise uncollected by the Bank. Exhibit 1 FEE SCHEDULE Fee Description Fee Amount and Frequency Additional Details No fees are associated with the Account at this time. Exhibit 2 TRANSACTION LIMITS NOTE: The Account is a transaction account that does not allow you to store value; you may use the Account only to engage in the following transaction types, subject to any corresponding limits. Balance Limits Limit on New Accounts Limit on Your Account Minimum Balance n/a n/a Maximum Balance n/a n/a Withdrawal Methods Limit on New Accounts Limit on Your Account Card Purchases Unavailable Max. Frequency: n/a Max. Amount: n/a Max. Frequency: n/a Max. Amount: n/a ATM Withdrawal Unavailable Max. Frequency: n/a Max. Amount: n/a Max. Frequency: n/a Max. Amount: n/a ACH Credit to Linked Account Unavailable Max. Daily Aggregate: n/a Max. Monthly Aggregate: n/a Max. Daily Aggregate: n/a Max. Monthly Aggregate: n/a ACH Debit by Third-Party Originator Unavailable Max. Frequency: n/a Max. Amount: n/a Max. Frequency: n/a Max. Amount: n/a Deposit Methods Limit on New Accounts Limit on Your Account ACH Debit from Linked Account Unavailable Max. Daily Aggregate: n/a Max. Monthly Aggregate: n/a Max. Daily Aggregate: n/a Max. Monthly Aggregate: n/a Direct Deposit Unavailable Max. Frequency: n/a Max. Amount: n/a Max. Frequency: n/a Max. Amount: n/a
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Related to Availability of ACH Transfer and EFT Deposits

  • Availability of Funds Unless Administrative Agent shall have been notified by any Lender prior to the applicable Credit Date that such Lender does not intend to make available to Administrative Agent the amount of such Lender’s Loan requested on such Credit Date, Administrative Agent may assume that such Lender has made such amount available to Administrative Agent on such Credit Date and Administrative Agent may, in its sole discretion, but shall not be obligated to, make available to Borrower a corresponding amount on such Credit Date. If such corresponding amount is not in fact made available to Administrative Agent by such Lender, Administrative Agent shall be entitled to recover such corresponding amount on demand from such Lender together with interest thereon, for each day from such Credit Date until the date such amount is paid to Administrative Agent, at the customary rate set by Administrative Agent for the correction of errors among banks for three Business Days and thereafter at the Base Rate. If such Lender does not pay such corresponding amount forthwith upon Administrative Agent’s demand therefor, Administrative Agent shall promptly notify Borrower and Borrower shall immediately pay such corresponding amount to Administrative Agent together with interest thereon, for each day from such Credit Date until the date such amount is paid to Administrative Agent, at the rate payable hereunder for Base Rate Loans for such Class of Loans. Nothing in this Section 2.5(b) shall be deemed to relieve any Lender from its obligation to fulfill its Term Loan Commitments and Revolving Commitments hereunder or to prejudice any rights that Borrower may have against any Lender as a result of any default by such Lender hereunder.

  • Can I Roll Over or Transfer Amounts from Other IRAs You are allowed to “roll over” a distribution or transfer your assets from one Xxxx XXX to another without any tax liability. Rollovers between Xxxx IRAs are permitted every 12 months and must be accomplished within 60 days after the distribution. Beginning in 2015, just one 60 day rollover is allowed in any 12 month period, inclusive of all Traditional, Xxxx, SEP, and SIMPLE IRAs owned. If you are single, head of household or married filing jointly, you may convert amounts from another individual retirement plan (such as a Traditional IRA) to a Xxxx XXX, there are no AGI restrictions. Mandatory required minimum distributions from Traditional IRAs, must be removed from the Traditional IRA prior to conversion. Rollover amounts (except to the extent they represent non-deductible contributions) are includable in your income and subject to tax in the year of the conversion, but such amounts are not subject to the 10% penalty tax. However, if an amount rolled over from a Traditional IRA is distributed from the Xxxx XXX before the end of the five-tax-year period that begins with the first day of the tax year in which the rollover is made, a 10% penalty tax will apply. Effective in the tax year 2008, assets may be directly rolled over (converted) from a 401(k) Plan, 403(b) Plan or a governmental 457 Plan to a Xxxx XXX. Subject to the foregoing limits, you may also directly convert a Traditional IRA to a Xxxx XXX with similar tax results. Furthermore, if you have made contributions to a Traditional IRA during the year in excess of the deductible limit, you may convert those non-deductible IRA contributions to contributions to a Xxxx XXX (assuming that you otherwise qualify to make a Xxxx XXX contribution for the year and subject to the contribution limit for a Xxxx XXX). You must report a rollover or conversion from a Traditional IRA to a Xxxx XXX by filing Form 8606 as an attachment to your federal income tax return. Beginning in 2006, you may roll over amounts from a “designated Xxxx XXX account” established under a qualified retirement plan. Xxxx XXX, Xxxx 401(k) or Xxxx 403(b) assets may only be rolled over either to another designated Xxxx Qualified account or to a Xxxx XXX. Upon distribution of employer sponsored plans the participant may roll designated Xxxx assets into a Xxxx XXX but not into a Traditional IRA. In addition, Xxxx assets cannot be rolled into a Profit-Sharing-only plan or pretax deferral-only 401(k) plan. In the event of your death, the designated beneficiary of your Xxxx 401(k) or Xxxx 403(b) Plan may have the opportunity to rollover proceeds from that Plan into a Beneficiary Xxxx XXX account. Strict limitations apply to rollovers, and you should seek competent advice in order to comply with all of the rules governing any type of rollover.

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