Common use of Dollar and Frequency Limitations on Transfers Clause in Contracts

Dollar and Frequency Limitations on Transfers. Funds can be transferred immediately or on a future date between your Personal Deposit Accounts that are Linked Accounts. We reserve the right to limit the frequency and dollar amount of transfers for security reasons. You may transfer any amount of your available balance (as defined in the Deposit Account Agreements) per transaction, as long as the transaction does not cause the available balance in your Personal Deposit Account to be less than zero. Funds transfers between your Linked Accounts initiated on your Computer using Online Banking, and received by us or our agent(s) by our cut-off time of 5:30 P.M. Eastern Time (“ET”) will be effective on the current Business Day. Funds transfers processed on your Computer using Online Banking, and received after this cut-off time or any time on a non-Business Day will be effective the next Business Day. Transfers from your Linked Accounts must be made in accordance with the terms of this Agreement and any applicable Account Agreements. The rules governing transfers from your Linked Accounts as discussed in this Agreement apply only to transfers initiated through Online Banking. Unless you designate a future date on which a transfer is to be made, we will make the transfer immediately after you provide us with your Transfer Instructions, subject to the cut-off times provided above.

Appears in 3 contracts

Samples: Esign and Electronic Disclosure Agreement, Esign and Electronic Disclosure Agreement, Esign and Electronic Disclosure Agreement

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Dollar and Frequency Limitations on Transfers. Funds can be transferred immediately or on a future date between your Personal Deposit Accounts that are Linked Accounts. We reserve the right to limit the frequency and dollar amount of transfers for security reasons. You may transfer any amount of your available balance (as defined in the Deposit Account Agreements) per transaction, as long as the transaction does not cause the available balance in your Personal Deposit Account to be less than zero. Funds transfers between your Linked Accounts initiated on your Computer using Online Banking, and received by us or our agent(sagen t(s) by our cut-off time of 5:30 7:00 P.M. Eastern Time (“ET”) will be effective on the current Business Day. Funds transfers processed on your Computer using Online Banking, and received after this cut-off time or any time on a non-Business Day will be effective the next Business Day. Transfers from your Linked Accounts must be made in accordance with the terms of this Agreement and any applicable Account Agreements. The rules governing transfers from your Linked Accounts as discussed in this Agreement apply only to transfers initiated through Online Banking. Unless you designate a future date on which a transfer is to be made, we will make the transfer immediately after you provide us with your Transfer Instructions, subject to the cut-off times provided above.

Appears in 3 contracts

Samples: Esign and Electronic Disclosure Agreement, Esign and Electronic Disclosure Agreement, Esign and Electronic Disclosure Agreement

Dollar and Frequency Limitations on Transfers. Funds can be transferred immediately or on a future date between your Personal Deposit Accounts that are Linked Accounts. We reserve the right to limit the frequency and dollar amount of transfers for security reasons. You may transfer any amount of your available balance (as defined in the Deposit Account Agreements) per transaction, as long as the transaction does not cause the available balance in your Personal Deposit Account to be less than zero. Funds transfers between your Linked Accounts Account(s) initiated on your Computer using Online Banking, and received by us or our agent(s) by our cut-off time of 5:30 5:45 P.M. Eastern Time (“ET”) will be effective on the current Business Day. Funds transfers processed on your Computer using Online Banking, and received after this cut-off time or any time on a non-Business Day will be effective the next Business Day. Transfers from your Linked Accounts must be made in accordance with the terms of this Agreement and any applicable Account Agreements. The rules governing transfers from your Linked Accounts Account(s) as discussed in this Agreement apply only to transfers initiated through Online Banking. Unless you designate a future date on which a transfer is to be made, we will make the transfer immediately after you provide us with your Transfer Instructions, subject to the cut-off times provided above.

Appears in 1 contract

Samples: Kennebunk Savings Bank

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Dollar and Frequency Limitations on Transfers. Funds can be transferred immediately or on a future date between your Personal Deposit Accounts that are Linked Accounts. We reserve the right to limit the frequency and dollar amount of transfers for security reasons. You may transfer any amount of your available balance (as defined in the Deposit Account Agreements) per transaction, as long as the transaction does not cause the available balance in your Personal Deposit Account to be less than zero. Funds transfers between your Linked Accounts initiated on your Computer using Online Banking, and received by us or our agent(s) by our cut-off time of 5:30 7:00 P.M. Eastern Time (“ET”) will be effective on the current Business Day. Funds transfers processed on your Computer using Online Banking, and received after this cut-off time or any time on a non-Business Day will be effective the next Business Day. Transfers from your Linked Accounts must be made in accordance with the terms of this Agreement and any applicable Account Agreements. The rules governing transfers from your Linked Accounts as discussed in this Agreement apply only to transfers initiated through Online Banking. Unless you designate a future date on which a transfer is to be made, we will make the transfer immediately after you provide us with your Transfer Instructions, subject to the cut-off times provided above.

Appears in 1 contract

Samples: Esign and Electronic Disclosure Agreement

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