External Transfers. Bank will not be obligated to make any transfer you may request unless there are sufficient available funds in your Transfer From account to cover the transfer on the Transfer On date. If there are insufficient available funds to cover a transfer, Bank will not retry the transaction and the transfer will be immediately rejected. As well, you are responsible for providing Bank accurate and complete information and for verifying that all money has been properly transferred to the appropriate accounts. The Cutoff Time for the External Transfer Service is 6pm CST on any Business Day. All Cutoff Times referenced in this Agreement reflect the times displayed on Bank’s internal system clocks and may not necessarily be synchronized with the internal clock displayed on your computer. For this reason, Xxxx suggests that you transmit any instructions to Bank sufficiently in advance of such Cutoff Times to eliminate the possibility of missing the Cutoff Time. All outgoing transfers are assumed to be Next Day. Money being transferred is taken out of the Bank Transfer From account on the Business Day that the transfer is requested, assuming all funds are available. Transfers between deposit accounts held by Bank and an External Account that Bank receives by the Cutoff Time on any Business Day will begin processing on the same day. Transfers to an External Account will be deducted from your Transfer From account held by Bank on the Transfer On date and will usually be reflected in your External Account on the next Business Day. However, the receiving bank’s processing policies and guidelines still apply and may not allow for same day availability. Transfers from External Accounts are subject to the processing times of the financial institution holding your External Account. Instructions for transfers from External Accounts that Bank receives by the Cutoff Time on any Business Day will be sent to the holder of your External Account on the same day for processing. Transfer instructions relating to External Accounts and the transmission and issuance of data related to such instructions shall be received pursuant to the terms of this Agreement and the rules of the National Automated Clearing House Association ("NACHA") and the applicable automated clearing house ("Regional ACH") (collectively, the "Rules") and you and Bank agree to be bound by such Rules as in effect from time to time. In accordance with such Rules, any credit to your deposit account held by Bank or your Ext...
External Transfers the ability for you to transfer funds through an ACH transaction between your designated Account and an External Account.
External Transfers. External Transfers are limited to eligible personal accounts; not all personal Accounts or External Accounts are eligible for External Transfers. Business accounts are not eligible for this service.
External Transfers. External Transfers can be used to transfer funds between an eligible account held by us and an External Account. To initiate External Transfers you must have at least one eligible deposit or prepaid account, Investment Account, line of credit, mortgage, installment loan or auto loan account with us. We reserve the right to determine eligibility and to restrict categories of recipients to whom External Transfers may be made in our sole discretion.
1. Excluding Transfers to or from Investment Accounts, Transfers to or from External Accounts may be made in amounts of up to $10,000 or $25,000 per transaction, depending on internal Chase criteria (applicable limit will be displayed and/or applied at the time of transfer), or a maximum of $25,000 per day in the aggregate from all your combined accounts, except as otherwise noted below. If your From Account is a home equity line of credit secured by your Texas homestead, to the extent eligible, each transfer must be a minimum of $4,000. If you are a Chase Sapphire Banking, Chase Private Client, Private Banking, or Business Banking customer, the following transfer limits apply to you in lieu of the foregoing: Chase Sapphire Banking $100,000.00 $100,000.00 Chase Private Client $100,000.00 $100,000.00 Private Banking $100,000.00 $100,000.00 Business Banking $100,000.00 $100,000.00
2. If your From Account is a Chase home equity line of credit, to the extent eligible, you may make External Transfers up to a maximum amount of (A) $200,000 daily; or (B) $500,000 daily, if you are a Private Banking customer.
3. Transfers between eligible deposit and prepaid accounts held by us and an External Account that we receive by the Cutoff Time on any Business Day will begin processing on the same day. Transfers to an External Account will be deducted from your From Account held by us on the calendar date and will usually be reflected in your External Account on the Deliver By date. Transfers from External Accounts are subject to the processing times of the financial institution holding your External Account. Instructions for transfers from External Accounts that we receive by the Cutoff Time on a Business Day will be sent to the holder of your External Account on the same day for processing. Instructions entered via the External Transfer Service may be Cancelled until the Cutoff Time on the Send On date.
4. Transfers to or from Investment Accounts
a. Transfers to Investment Account When Instructions are received by us at or befor...
External Transfers i. Advances from one or more of your loan accounts with the Association may be transferred to a checking, savings or loan account with your depository bank;
ii. Available amounts in your eligible funds held account(s) with the Association may be transferred to a checking, savings or loan account with your depository bank; and
iii. Amounts in a checking or savings account in your depository bank may be transferred to your eligible funds held account(s) or applied to your loan account(s) with the Association.
External Transfers. You may use the External Transfers service to transfer funds between any two of your Accounts about which you have provided us the necessary information. You may schedule transfers to occur one time, for a future date, or on a specified recurring basis.
External Transfers. (a) Within the Online Banking System, you have the option to participate in the External Transfer Service, which allows you to transfer funds between your money market accounts with us and checking or savings accounts owned by you at other United States Financial Institutions, assuming that the transfer is permitted by your other financial institution and by law. Accounts with us you select for this Service are referred to as “Internal Accounts,” and accounts you select from among accounts you own at other financial institutions are referred to as “External Accounts.” You may only transfer funds between accounts where you are an owner of both accounts and the terms and conditions of the accounts allow deposits and/or withdrawals of the type you are initiating. Transfers from an Internal Account to an External Account are referred to as “Outgoing Transfers” and Transfers from an External Account to an Internal Account are referred to as “Incoming Transfers.”
(b) In order to use the External Transfer Service, you will need to register the External Accounts that you wish to access and provide certain identifying information about each of those accounts. For Incoming Transfers, you agree that you will only attempt to register External Accounts that you own or for which you have the authority to transfer funds. You acknowledge and agree that each External Account you seek to register will be subject to a two-deposit validation process, a fraud mitigation feature that requires you to confirm account ownership by validating the amounts of two small deposits made to an External Account before Transfers can be made to or from the account.
(c) The External Transfer Service is only available for domestic (U.S.) transfers. International transfers cannot be performed through the External Transfer service. International funds transfers may be processed through a wire transfer request.
External Transfers. If you have a consumer account and you have selected the external transfer feature, you may originate the electronic transfer of funds into your account at Franklin Savings Bank from an account in your name at a financial institution outside of Franklin Savings Bank and you may originate the electronic transfer of funds from your account at Franklin Savings Bank to an account in your name at a financial institution outside of Franklin Savings Bank (both called “External Transfers”). When you originate External Transfers, you authorize Franklin Savings Bank and our service provider to initiate debit and credit entries, upon your instructions, to your Franklin Savings Bank account and your account at the financial institution(s) outside of Franklin Savings Bank that you designate, using the Automated Clearing House (ACH) or other payment transfer method. You agree and warrant to us that you will only originate External Transfers to or from accounts for which you have the authority to transfer funds, and that by disclosing information to us regarding those accounts to affect your transfers, you are not violating any third-party rights. Not all types of accounts may be eligible for External Transfers, so you should check with the institution for any restrictions on transfers. To ensure your security, before you add an outside account for External Transfers, originate a new External Transfer, edit an existing periodic External Transfer or change your phone number through Online Banking, you may be required to authenticate who you are, using a method of authentication you select. Before you originate an External Transfer, you will be asked to authenticate using Online Banking Credentials and/or complete a test transaction. If the authentication and/or test transaction fails or is rejected, for security purposes we may decline your External Transfer request(s) and any or all other transactions, and we may close your account, with or without notice to you. External Transfers may be originated on a single entry or recurring basis. One-time transfers may be scheduled immediately or scheduled for a future date. A recurring transfer allows you to transfer a set amount at regular intervals. Your authorization for any recurring External Transfers will remain in full force and effect until you revoke it in such timely manner as to afford Franklin Savings Bank a reasonable opportunity to act on your direction. One-time External Transfers cannot be scheduled to occur on a ...
External Transfers. In addition to Online Banking services, you may elect to subscribe to the Bank’s External Account Transfer service which appears as “External Transfers” in the Personal Online Banking service. In doing so, you authorize the Bank to transfer funds bi-directionally between the accounts you hold here with the Bank and those that you own at different financial institutions. Should the funds not be available at the time of the deduction, the bank reserves the right to return the debit, which may cause your account to overdraft. In such circumstances, you agree to reimburse the Bank and pay any fees related to said overdraft in accordance with the terms found in the Terms and Conditions of Your Account, which governs your deposit account(s). Your subscription to the Account to Account service depends on you maintaining an active status with your Online Banking service. If any of your accounts are not in good standing, we have the right to reduce your limits, remove your ability for next day transfers or terminate your Solvay Bank External Account Transfer service in its entirety.
External Transfers. You may use Online Banking and Mobile Banking to set up External Transfers, which are transfers between us and another domestic financial institution. Be sure to provide the correct routing and account information; otherwise, we will be unable to complete your transfer, or we will reverse the transaction. For outgoing transfers, if your available balance is not sufficient to cover the transaction, then, we may at our option cancel not only that transfer, but all scheduled transfers occurring in the future. Depending on the type of transfer, we may withdraw the transfer amount from your account immediately, place a hold on amount, and then remit them to the recipient at a later date. If you transfer money from another financial institution and apply it to an open-end line of credit at Avadian, we will give you immediate credit upon receipt; however, we may not immediately replenish the line of credit available to you to borrow.
