Common use of Available Funds Required Clause in Contracts

Available Funds Required. All Xxxx Payments and Transfers initiated through Online Banking are subject to there being sufficient funds available in the affected accounts to cover the transfer on the Scheduled Initiation Date. If a hold is placed upon any portion of deposits made to an account from which you wish to transfer funds, you may not transfer the portion held until the hold expires.

Available Funds Required. All Xxxx Bill Payments and Transfers initiated through Online Banking are subject to there being sufficient funds available in the affected accounts to cover the transfer on the Scheduled Initiation Date. If a hold is placed upon any portion of deposits made to an account from which you wish to transfer funds, you may not transfer the portion held until the hold expires.