Common use of Dollar Limitations Clause in Contracts

Dollar Limitations. There is a maximum dollar limit of $20,000.00 (or the available balance in my account, whichever is less) per Bill Payment transaction and $20,000.00 in aggregate per day. There is a maximum daily limit of $5,000.00 (or the available balance in my account, whichever is less) for Interbank (external) transfers per transaction; $5,000 in aggregate per day; and $25,000 in aggregate per calendar month. The maximum number of transfers is 10 per day and 100 transfers to my account per calendar month. The Bank reserves the right to change external transfer dollar limits at any time. If the Bank decreases the dollar limit, the Bank will notify me as required by law, but the Bank may restrict my transfer limits for security purposes or because of excessive overdrafts on my account. There is a maximum dollar limit of $10,000.00 for an expedited bill payment.