Common use of External Transfers and Available Funds Clause in Contracts

External Transfers and Available Funds. You agree to have Available Funds on deposit in the Account you have designated in amounts sufficient to pay for all External Trans- fers requested, as well as any other payment obligations you have to us. If sufficient funds are not available on the scheduled date of transfer, we may elect not to initiate your transfer request. If Exter- nal Transfers process against any uncollected deposit, uncollected balance or otherwise insufficient Available Funds in your Account, you remain responsible for the balance of such transfer and your account will be assessed and charged the appropriate overdraft, returned item, or non-sufficient funds fees. See our current Rate and Fee Disclosures for the current amounts of these charges.