Common use of Available for Processing Tonight Clause in Contracts

Available for Processing Tonight. “Available for Processing Tonight” means that check funds generally will be available to cover items presented against your Mobile RDC Account beginning with nightly processing on the same business day that we receive the check image from you. However, funds may not be available for debit, checkcard and ATM transactions until the next business day following the business day on which we receive the check image from you. In order for check funds to qualify for Available for Processing Tonight, the check image must be received by us before 8:00 p.m. central time (or such other cutoff time as may be displayed in the Service application) on a business day. Check images received by us on a day that is not a business day or after 8:00 p.m. central time (or such other cutoff time as may be displayed in the Service application) on a business day will be considered received on the next business day and will not be available to cover items in nightly processing until such next business day. Available for Processing Tonight may be subject to applicable fees, which will be disclosed before you complete the Service transaction. Available for Processing Tonight is not applicable to loads of funds to Mobile RDC Cards.

Appears in 6 contracts

Samples: Agreement and Disclosure Statement for Electronic Banking Services, Agreement and Disclosure Statement for Electronic Banking Services, Agreement and Disclosure Statement for Electronic Banking Services

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