Common use of Electronic Deposits Clause in Contracts

Electronic Deposits. Our policy is to make funds from your electronic direct deposits available on the day we receive the deposit (if a business day), or the first business day after we receive the deposit (if not a business day) but may be earlier. A “business day” is Monday through Friday, excluding federal holidays. Once the funds are available, you can transfer the funds in the Secured Account as permitted in this Secured Account Agreement.

Appears in 4 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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