Common use of Failed or Returned Transfers Clause in Contracts

Failed or Returned Transfers. In using the Institution-To-Institution Service, you are requesting us to make transfers for you from your Transaction Account. If we are unable to complete the transfer for any reason associated with your Transaction Account (for example, there are insufficient funds in your Transaction Account to cover the transaction), the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account to cover the requested transfer or if we cannot otherwise collect the funds from you; the fee amount will be set forth in the Deposit Rate Sheet and Fee Schedule. You hereby authorize us to deduct these amounts from your designated Transaction Account by ACH debit; (c) You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and,

Failed or Returned Transfers. In using the Institutioninstitution-Toto-Institution Serviceinstitution service, you are requesting us to make transfers for you from your Transaction Accounttransaction account. If we are unable to complete the transfer for any reason associated with your Transaction Account transaction account (for example, there are insufficient funds in your Transaction Account transaction account to cover the transaction), the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account transaction account to cover the requested transfer or if we cannot otherwise collect the funds from you; the fee amount will be set forth in the Deposit Rate Sheet and Fee Schedule. You hereby authorize us to deduct these amounts from your designated Transaction Account transaction account by ACH debit; (c) You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and,

Failed or Returned Transfers. In using the Institution-To-Institution Service, you are requesting us to make transfers for you from your Transaction AccountAccounts. If we are unable to complete the transfer for any reason associated with your Transaction Account (for example, there are insufficient funds in your Transaction Account to cover the transaction)Account, the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account to cover the requested transfer or if we cannot otherwise collect the funds from you; the . The fee amount will be as set forth in the Deposit Rate Sheet and Fee Scheduleyour fee schedule from us or your Account agreement with us. You hereby authorize us to deduct these amounts from your designated Transaction Account by ACH debit; (c) You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and,

Failed or Returned Transfers. In using the Institution-To-Institution External Transfer Service, you are requesting us to make transfers for you from your Transaction Account. If we are unable to complete the transfer for any reason associated with your Transaction Account (for example, there are insufficient funds in your Transaction Account to cover the transaction), the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) : 1. You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) ; 2. You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account to cover the requested transfer or if we cannot otherwise collect the funds from you; the fee amount will be as set forth in the Deposit Rate Sheet and Fee Scheduleyour fee schedule from us or your Account agreement with us. You hereby authorize us to deduct these amounts from your designated Transaction Account by ACH debit; (c) ; 3. You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and, 4. We are authorized to report the facts concerning the return to any credit reporting agency.

Failed or Returned Transfers. In using the Institution-To-Institution External Transfer Service, you are requesting us to make transfers for you from your Transaction Account. If we are unable to complete the transfer for any reason associated with your Transaction Account (for example, there are insufficient funds in your Transaction Account to cover the transaction), the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account to cover the requested transfer or if we cannot otherwise collect the funds from you; the fee amount will be as set forth in the Deposit Rate Sheet and Fee Scheduleyour fee schedule from us or your Account agreement with us. You hereby authorize us to deduct these amounts from your designated Transaction Account by ACH or account debit; (c) You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and,

Failed or Returned Transfers. In using the InstitutionAccount-To-Institution Account Service, you are requesting us to make transfers for you from your Transaction Account. If we are unable to complete the transfer for any reason associated with your Transaction Account (for example, there are insufficient funds in your Transaction Account to cover the transaction), the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account to cover the requested transfer or if we cannot otherwise collect the funds from you; the fee amount will be as set forth in the Deposit Rate Sheet and Fee Schedule. your fee schedule from us or your Account agreement with us; (c) You hereby authorize us to deduct these amounts from your designated Transaction Account by ACH debit; and (cd) You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and,

Failed or Returned Transfers. In using the Institution-To-To- Institution Service, you are requesting us to make transfers for you from your Transaction Account. If we are unable to complete the transfer for any reason associated with your Transaction Account (for example, there are insufficient funds in your Transaction Account to cover the transaction), the transfer may not be completed. In some instances, you will receive a return notice from us. In each such case, you agree that: (a) You will reimburse us immediately upon demand the transfer amount that has been returned to us; (b) You may be assessed a non-sufficient funds fee by us if the transfer is returned because you have insufficient funds in your Transaction Account to cover the requested transfer or if we cannot otherwise collect the funds from you; the fee amount will be set forth in the Deposit Rate Sheet and Fee Schedule. You hereby authorize us to deduct these amounts from your designated Transaction Account by ACH debit; (c) You will reimburse us for any fees or costs we or they incur in attempting to collect the amount of the return from you; and,