Common use of Cut-Off Times for Wire Transfers Clause in Contracts

Cut-Off Times for Wire Transfers. We have cut-off hours for processing wire transfers. If a wire request is received by 4:00 PM ET on a business day and verified through our security procedures outlined in the section below titled “Security Procedures,” funds will be processed the same business day. If it is received after 4:00 PM ET or on a non-business day and verified through our security procedures, funds may be processed the next business day. We may treat any wire transfer request received at or after our cut-off time as if it was received that business day, or we may treat it as if it were received at the opening of the next business day.

Appears in 3 contracts

Samples: Highbeam Business Savings Account Agreement, Highbeam Business Savings Account Agreement, Business Deposit Account Agreement

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Cut-Off Times for Wire Transfers. We have cut-off hours for processing wire transfers. If a wire request is received by 4:00 PM ET the cut-off time on a business day and verified through our security procedures outlined in the section below titled “Security Procedures,” funds will be processed the same business day. If it is received after 4:00 PM ET the cut-off time or on a non-business day and verified through our security procedures, funds may be processed the next business day. We may treat any wire transfer request received at or after our cut-off time as if it was received that business day, or we may treat it as if it were received at the opening of the next business day.

Appears in 2 contracts

Samples: Foyer Savings Consumer Deposit Account Agreement, Consumer Deposit Account Agreement

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Cut-Off Times for Wire Transfers. We have cut-off hours for processing wire transfers. If a wire request is received by 4:00 PM ET before the cut-off time on a business day and verified through our security procedures outlined in the section below titled “Security Procedures,” funds will be processed the same business day. If it is received or verified through our security procedures at or after 4:00 PM ET the cut-off time or on a non-business day and verified through our security proceduresday, funds may be processed the next business day. Section 3.2 contains the cut-off times. We may treat any wire transfer request received at or after our cut-off time as if it was received that business day, or we may treat it as if it were received at the opening of the next business day.

Appears in 1 contract

Samples: Consumer Deposit Account Agreement

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