Common use of Checks and Other Withdrawals Clause in Contracts

Checks and Other Withdrawals. The Credit Union may refuse any check or other item drawn against your account or used to withdraw funds from your account if it is not on a form approved by the Credit Union. The Credit Union also reserves the right to refuse any check or other item drawn against your account or used to withdraw funds from your account if made in a manner not specifically authorized for your account, if made more frequently or in a greater number than specifically permitted for your account, or if made in an amount less than the minimum withdrawal or transfer specifically permitted for your account. The Credit Union may pay checks or other items drawn upon your account in any order determined by the Credit Union, even if paying a particular check or item results in an insufficient balance in your account to pay one or more other items that otherwise could have been paid out of your account.

Appears in 4 contracts

Samples: Deposit Agreement, Deposit Agreement, Deposit Agreement

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Checks and Other Withdrawals. The Credit Union may refuse any check or other item drawn against your account Account or used to withdraw funds from your account Account if it is not on a form approved by the Credit Union. The Credit Union also reserves the right to refuse any check or other item drawn against your account Account or used to withdraw funds from your account Account if made in a manner not specifically authorized for your accountAccount, if made more frequently or in a greater number than specifically permitted for your accountAccount, or if made in an amount less than the minimum withdrawal or transfer specifically permitted for your accountAccount. The Credit Union may pay checks or other items drawn upon your account Account in any order determined by the Credit Union, even if paying a particular check or item results in an insufficient balance in your account Account to pay one or more other items that otherwise could have been paid out of your accountAccount.

Appears in 2 contracts

Samples: Business Services Account Terms, Business Membership Application and Account Agreement

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Checks and Other Withdrawals. The Credit Union may refuse mayrefuse any check or other item drawn against your account or used to withdraw funds from your account if it is not on a form approved by the Credit Union. The Credit Union also Unionalso reserves the right to refuse any check or other item drawn against your account or used to withdraw funds from your account if made in a manner not specifically authorized for your account, if made more frequently or frequentlyor in a greater number than specifically permitted specificallypermitted for your account, or if made in an amount less than the minimum withdrawal or transfer specifically permitted specificallypermitted for your account. The Credit Union may pay maypay checks or other items drawn upon your account in any order determined by the Credit Union, even if paying a particular check or item results in an insufficient balance in insufficientbalancein your account to pay one or more other items that otherwise could have been paid out of your account.

Appears in 1 contract

Samples: Deposit Agreement

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