Common use of Checks and Other Withdrawals Clause in Contracts

Checks and Other Withdrawals. The Bank 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 Bank. The Bank 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 Bank may pay checks or other items drawn on your account in any order determined by the Bank, 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. Automated Clearing House (“ACH”). All ACH credits and debits received for your account are subject to the rules of the National Automated Clearing House Association and any other applicable ACH rules. You agree to be bound by the ACH rules, or other rules in place by any other third party. Any credit given by the Bank to you for an ACH credit is provisional until the Bank receives final payment. If the Bank does not receive final payment, the Bank may charge your account for the amount or otherwise obtain a refund from you, and the party making payment to you shall not be deemed to have paid you the amount of the entry. The Bank will not notify you of its receipt of ACH transactions other than as recorded on your periodic statement.

Checks and Other Withdrawals. The Bank 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 Bank. The Bank 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 Bank may pay checks or other items drawn on your account in any order determined by the Bank, 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. Automated Clearing House (“ACH”). All ACH credits and debits received for your account are subject to the rules of the National Automated Clearing House Association and any other applicable ACH rulesrules including the Zelle Terms of Service (if, applicable). You agree to be bound by the ACH rules, or other rules in place by any other third party. Any credit given by the Bank to you for an ACH credit is provisional until the Bank receives final payment. If the Bank does not receive final payment, the Bank may charge your account for the amount or otherwise obtain a refund from you, and the party making payment to you shall not be deemed to have paid you the amount of the entry. The Bank will not notify you of its receipt of ACH transactions other than as recorded on your periodic statement.