Balance Requirements Sample Clauses

Balance Requirements. The Account must be kept in credit at all times and have sufficient funds in the Account to cover any payments. Any balance may attract credit interest as established by the Bank from time to time.
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Balance Requirements. Transactions using your business debit card(s) will be completed only if sufficient funds are available in the applicable account balance, overdraft protection or other linked credit facility to fully perform the transaction.
Balance Requirements. Transactions using your business check card(s) will be completed only if sufficient funds are available in the applicable account balance, overdraft protection or other linked credit facility to fully perform the transaction.
Balance Requirements. If any account is subject to a minimum balance requirement to open or maintain the account, avoid the imposition of any service fees, or obtain the stated Annual Percentage Yield, the balance requirements, including the conditions and fees, are set forth on the Rate and Fee Schedule. The method of determining the balance on which dividends are computed or minimum balance requirements imposed is set forth on the Rate and Fee Schedule. If your account falls below a minimum required balance at any time during the period, your account may be subject to a service fee or may not earn dividends at the stated annual percentage rate. For all accounts using a daily balance method, dividends are calculated by applying a daily periodic rate to the principal in the account each day.
Balance Requirements. Member acknow ledges that transfers or disbursement of funds pursuant to this Agreement may create credit risk for Coast360. Coast360 may, from time to time and in Coast360's absolute discretion, establish file limits, daily limits, risk period limits and other limits as Coast360 deems appropriate on the amounts and/or aggregate amounts of Transactions that Coast360 w ill process. Coast360 w ill notify Member in writing of such limits and Coast360 w ill not be obligated to process Transactions that exceed the limits Coast360 has established. Coast360 w ill have no liability to M ember for Coast360’s refusal to process Transactions or to transfer or disburse funds when
Balance Requirements. Member acknow ledges that transfers or disbursement of funds pursuant to this Agreement may create credit risk for Credit Union. Credit Union may, from time to time and in Credit Union' s absolute discretion, establish file limits, daily limits, risk period limits and other limits as Credit Union deems appropriate on the amounts and/or aggregate amounts of Transactions that Credit Union will process. Credit Union will notify M ember of such limits and Credit Union will not be obligated to process Transactions that exceed the limits Credit Union has established. Credit Union will have no liability to M ember for Credit Union’s refusal to process Transactions or to transfer or disburse funds w hen M ember does not have sufficient funds in M ember’s Authorized Accounts. Credit Union’s processing of Transactions in excess of established limits on one or more occasions will not be deemed a waiver of, or otherw ise limit, Credit Union’s right at any subsequent time to refuse to process Transactions in accordance with this paragraph.
Balance Requirements. Any minimum deposit to open an account and the minimum daily balance you must maintain to avoid service fees or to earn the Annual Percentage Yield stated for your account is set forth in the disclosure. If your account falls below a minimum required balance at any time during the period, your account may be subject to a service charge and may not earn dividends at the stated Annual Percentage Yield for the period in which you did not meet the requirement. Balance Computation Method: Dividends are calculated by the Daily Balance Method which applies a daily periodic rate to the balance in the account each day. Accrual of Dividends. Dividends will begin to accrue on both cash and noncash deposits (i.e. checks) on the business day you deposit such items to your account.
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Balance Requirements. To open any account, you must deposit or already have on deposit the minimum required share(s) in any account. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirement applicable to each account are set forth in the Rate Schedule.
Balance Requirements. Transactions using your Montecito Bank & Trust MasterMoney Debit or ATM card(s) will be completed only if sufficient funds are available in the applicable account balance, or linked Ready Cash Reserve (RCR) credit facility to fully perform the transaction. someone from using your card and/or code without your permission if you had told us, you could lose as much as $500.
Balance Requirements. Transactions using your Business Debit Card(s) will be completed only if sufficient funds are available in the applicable account balance, or linked Ready Cash Reserve (RCR) credit facility to fully perform the transaction. You are solely responsible for maintaining the security of your Montecito Bank & Trust Business Debit Card and PINs and their use by you and your employees and other agents. You shall be liable for the acts of your employees and agents related to your business debit card(s), including business debit card applications and other service requests. If you provide another person with the means to perform transactions related to your accounts using your business debit card or PIN, any resulting transactions will be treated as if they were performed and authorized by you. MasterCard® offers Zero Liability for transactions with your card, and this policy applies to the use of your business debit card. However, this policy does not extend to transactions where a personal identification number (PIN) is used or any transaction which is not processed by the MasterCard network. The MasterCard Zero Liability policy is subject to certain conditions. If we reasonably determine that the unauthorized transaction was caused by your gross negligence or fraud, the MasterCard Zero Liability policy will not apply. In any case, you must report an unauthorized transaction to us within a reasonable time, not to exceed sixty (60) days, from the day we send or make your account statement available to you on which an unauthorized transaction is first reported. Failure to report an unauthorized transaction within such sixty (60) days will conclusively mean the transaction is authorized. If you believe that an erroneous or unauthorized transaction has occurred using your business debit card(s), or if your business debit card has been lost or stolen, or if you want to cancel a business debit card issued to you or your employee/agent, or if you want to change your PIN, you must immediately telephone us at: If you need to contact us about your card while outside of the United States, call (000) 000-0000.
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