Common use of Fund Transfers Clause in Contracts

Fund Transfers. You may use the Service to transfer funds among eligible Service Accounts. To electronically schedule a Funds Transfer using Online Banking, you will need to follow the instructions available in the Getting Started Guides on xxx.xxxxxxx.xxx. To electronically schedule a Funds Transfer using Telephone Banking, you must: (i) call and login to Telephone Banking; (ii) select the Service Accounts which will be debited/credited in connection with the transaction; (iii) enter the amount of the Funds Transfer; (iv) enter the Transmit Date you desire for the Funds Transfer; and (v) otherwise follow any User’s Guide instructions provided by the Telephone Banking. A Same Day Funds Transfer must be entered by 6:00 p.m. Central Time on a business day in order for the transfer to be posted to your account on the same day. A Future Dated Transfer may be scheduled as a one time request or a recurring request based on the instructions entered with the request. Future Dated Transfers will be initiated on the Transmit Date requested, not on the date you enter the transaction into the Service application. Future Dated Transfers will transmit on any day, including holidays, weekends, and non-business days. For example, if you entered a Future Dated Transfer that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the transfer will be initiated on Saturday, August 5th. A Funds Transfer request (whether it is a Same Day Funds Transfer or a Future Dated Transfer) may not result in an immediate transfer of funds or immediate funds availability because of the time required to process the transaction. Please note, however, that the Service may offer you certain real-time Funds Transfer capability that may post transactions to your account immediately. You may not be able to change or cancel transactions that have been submitted using these real-time options (you may, however, initiate a new Funds Transfer to reverse the original transaction). Please refer to applicable User’s Guides for additional information on Funds Transfer options. Future Dated Transfers may be cancelled or changed through the Service at any time prior to the Transmit Date.

Fund Transfers. You may use the Service to transfer funds among eligible Service Accounts. To electronically schedule a Funds Transfer using Online Banking, you will need to follow the instructions available in the Getting Started Guides on xxx.xxxxxxx.xxx. To electronically schedule a Funds Transfer using Telephone Banking, you must: (i) call and login to Telephone Banking; (ii) select the Service Accounts which will be debited/credited in connection with the transaction; (iii) enter the amount of the Funds Transfer; (iv) enter the Transmit Date you desire for the Funds Transfer; and (v) otherwise follow any User’s 's Guide instructions provided by the Telephone Banking. A Same Day Funds Transfer must be entered by 6:00 8:00 p.m. Central Time on a business day in order for the transfer to be posted to your account on the same day. A Future Dated Transfer may be scheduled as a one time request or a recurring request based on the instructions entered with the request. Future Dated Transfers will be initiated on the Transmit Date requested, not on the date you enter the transaction into the Service application. Future Dated Transfers will transmit on any day, including holidays, weekends, and non-business non‐business days. For example, if you entered a Future Dated Transfer that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the transfer will be initiated on Saturday, August 5th. A Funds Transfer request (whether it is a Same Day Funds Transfer or a Future Dated Transfer) may not result in an immediate transfer of funds or immediate funds availability because of the time required to process the transaction. Please note, however, that the Service may offer you certain real-time real‐time Funds Transfer capability that may post transactions to your account immediately. You may not be able to change or cancel transactions that have been submitted using these real-time real‐time options (you may, however, initiate a new Funds Transfer to reverse the original transaction). Please refer to applicable User’s 's Guides for additional information on Funds Transfer options. Future Dated Transfers may be cancelled or changed through the Service at any time prior to the Transmit Date.

Fund Transfers. (i) You may use the Service to make same-day, future-dated or recurring fund transfers in any amount between your Eastern Bank deposit accounts that have been linked for HomeConnect access. When you request a fund transfer funds among eligible Service Accounts. To electronically schedule a Funds Transfer using Online Bankingthis service, you will need authorize us to follow the transfer instructions and transfer the funds from the designated originating account to the designated recipient account. We may process the transfer as early as the day you give the instructions or the future date for which you have scheduled the transfer. The day we process the transfer is called the “Transaction Date.” We may refuse to act on your fund transfer instruction if there are not sufficient available funds in your account, including funds available through any overdraft or automatic transfer feature, on the Getting Started Guides Transaction Date. Funds transferred to a deposit account will be deemed deposited on xxx.xxxxxxx.xxx. To electronically schedule a Funds Transfer using Telephone Banking, you must: (i) call the Transaction Date and login to Telephone Banking; will be available thereafter in accordance with our funds availability policy. (ii) select You may edit or cancel a future-dated or recurring funds transfer so long as those options are available through the Service Accounts which HomeConnect service. The options will be debited/credited in connection with available until we begin processing the transaction; transfer. Same-day transfers are effective immediately and cannot be edited or cancelled. (iii) enter You may make same day, future dated, or recurring fund transfers between your Eastern Bank deposit accounts and your linked Eastern Bank line of credit, installment loan or mortgage loan accounts. Fund transfers cannot be made if you only have a CD or a loan account with Eastern Bank. If you are relying on the amount availability of funds that are being transferred into your deposit account electronically (such as by direct deposit) to make the Funds Transfer; (iv) enter loan payment, please confirm that the Transmit Date funds have been posted to your deposit account before making or scheduling the payment. For future-dated or recurring transactions, we recommend you desire for schedule the Funds Transfer; and (v) otherwise follow any User’s Guide instructions provided by the Telephone Banking. A Same Day Funds Transfer must be entered by 6:00 p.m. Central Time on a loan payment at least one business day in order for after you expect the transfer credit to be posted to your account on the same day. A Future Dated Transfer may be scheduled as a one time request or a recurring request based on the instructions entered with the request. Future Dated Transfers will be initiated on the Transmit Date requested, not on the date you enter the transaction into the Service application. Future Dated Transfers will transmit on any day, including holidays, weekends, and non-business days. For example, if you entered a Future Dated Transfer that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the transfer will be initiated on Saturday, August 5th. A Funds Transfer request (whether it is a Same Day Funds Transfer or a Future Dated Transfer) may not result in an immediate transfer of funds or immediate funds availability because of the time required to process the transaction. Please note, however, that the Service may offer you certain real-time Funds Transfer capability that may post transactions to your account immediately. You may not be able to change or cancel transactions that have been submitted using these real-time options (you may, however, initiate a new Funds Transfer to reverse the original transaction). Please refer to applicable User’s Guides for additional information on Funds Transfer options. Future Dated Transfers may be cancelled or changed through the Service at any time prior to the Transmit Datedeposit account.

Fund Transfers. You may use the Service to transfer funds among eligible Service Accounts. To electronically schedule a Funds Transfer using Online Banking, you will need to follow the instructions available in the Getting Started Guides on xxx.xxxxxxx.xxx. To electronically schedule a Funds Transfer using Telephone Banking, you must: (i) call and login to Telephone Banking; (ii) select the Service Accounts which will be debited/credited in connection with the transaction; (iii) enter the amount of the Funds Transfer; (iv) enter the Transmit Date you desire for the Funds Transfer; and (v) otherwise follow any User’s 's Guide instructions provided by the Telephone Banking. A Same Day Funds Transfer must be entered by 6:00 p.m. Central Time on a business day in order for the transfer to be posted to your account on the same day. A Future Dated Transfer may be scheduled as a one time request or a recurring request based on the instructions entered with the request. Future Dated Transfers will be initiated on the Transmit Date requested, not on the date you enter the transaction into the Service application. Future Dated Transfers will transmit on any day, including holidays, weekends, and non-business days. For example, if you entered a Future Dated Transfer that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the transfer will be initiated on Saturday, August 5th. A Funds Transfer request (whether it is a Same Day Funds Transfer or a Future Dated Transfer) may not result in an immediate transfer of funds or immediate funds availability because of the time required to process the transaction. Please note, however, that the Service may offer you certain real-time Funds Transfer capability that may post transactions to your account immediately. You may not be able to change or cancel transactions that have been submitted using these real-time options (you may, however, initiate a new Funds Transfer to reverse the original transaction). Please refer to applicable User’s 's Guides for additional information on Funds Transfer options. Future Dated Transfers may be cancelled or changed through the Service at any time prior to the Transmit Date.

Fund Transfers. (i) You may use the Service to make same-day, future-dated or recurring fund transfers in any amount between your Eastern Bank deposit accounts that have been linked for HomeConnect access. When you request a fund transfer funds among eligible Service Accounts. To electronically schedule a Funds Transfer using Online Bankingthis service, you will need authorize us to follow the transfer instructions and transfer the funds from the designated originating account to the designated recipient account. We may process the transfer as early as the day you give the instructions or the future date for which you have scheduled the transfer. The day we process the transfer is called the “Transaction Date.” We may refuse to act on your fund transfer instruction if there are not sufficient available funds in your account, including funds available through any overdraft or automatic transfer feature, on the Getting Started Guides Transaction Date. Funds transferred to a deposit account will be deemed deposited on xxx.xxxxxxx.xxx. To electronically schedule a Funds Transfer using Telephone Banking, you must: (i) call the Transaction Date and login to Telephone Banking; will be available thereafter in accordance with our funds availability policy. (ii) select You may edit or cancel a future-dated or recurring funds transfer so long as those options are available through the Service Accounts which HomeConnect service. The options will be debited/credited in connection with available until we begin processing the transaction; transfer. Same-day transfers are effective immediately and cannot be edited or cancelled. (iii) enter You may make same day, future-dated, or recurring fund transfers between your Eastern Bank deposit accounts and your linked Eastern Bank line of credit, installment loan or mortgage loan accounts. Fund transfers cannot be made if you only have a CD or a loan account with Eastern Bank. If you are relying on the amount availability of funds that are being transferred into your deposit account electronically (such as by direct deposit) to make the Funds Transfer; (iv) enter loan payment, please confirm that the Transmit Date funds have been posted to your deposit account before making or scheduling the payment. For future-dated or recurring transactions, we recommend you desire for schedule the Funds Transfer; and (v) otherwise follow any User’s Guide instructions provided by the Telephone Banking. A Same Day Funds Transfer must be entered by 6:00 p.m. Central Time on a loan payment at least one business day in order for after you expect the transfer credit to be posted to your account on the same day. A Future Dated Transfer may be scheduled as a one time request or a recurring request based on the instructions entered with the request. Future Dated Transfers will be initiated on the Transmit Date requested, not on the date you enter the transaction into the Service application. Future Dated Transfers will transmit on any day, including holidays, weekends, and non-business days. For example, if you entered a Future Dated Transfer that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the transfer will be initiated on Saturday, August 5th. A Funds Transfer request (whether it is a Same Day Funds Transfer or a Future Dated Transfer) may not result in an immediate transfer of funds or immediate funds availability because of the time required to process the transaction. Please note, however, that the Service may offer you certain real-time Funds Transfer capability that may post transactions to your account immediately. You may not be able to change or cancel transactions that have been submitted using these real-time options (you may, however, initiate a new Funds Transfer to reverse the original transaction). Please refer to applicable User’s Guides for additional information on Funds Transfer options. Future Dated Transfers may be cancelled or changed through the Service at any time prior to the Transmit Datedeposit account.

Fund Transfers. You may use the Service to transfer funds among eligible Service Accounts. To electronically schedule a Funds Transfer using Online Banking, you will need to follow the instructions available in the Getting Started Guides on xxx.xxxxxxx.xxx. To electronically schedule a Funds Transfer using Telephone Banking, you must: (i) call and login to Telephone Banking; (ii) select the Service Accounts which will be debited/credited in connection with the transaction; (iii) enter the amount of the Funds Transfer; (iv) enter the Transmit Date you desire for the Funds Transfer; and (v) otherwise follow any User’s 's Guide instructions provided by the Telephone Banking. A Same Day Funds Transfer must be entered by 6:00 8:00 p.m. Central Time Time, or such other cutoff time as may be displayed, on a business day in order for the transfer to be posted to your account on the same day. A Future Dated Transfer may be scheduled as a one one-time request or a recurring request based on the instructions entered with the request. Future Dated Transfers will be initiated on the Transmit Date requested, not on the date you enter the transaction into the Service application. Future Dated Transfers will transmit on any day, including holidays, weekends, and non-business days. For example, if you entered a Future Dated Transfer that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the transfer will be initiated on Saturday, August 5th. A Funds Transfer request (whether it is a Same Day Funds Transfer or a Future Dated Transfer) may not result in an immediate transfer of funds or immediate funds availability because of the time required to process the transaction. Please note, however, that the Service may offer you certain real-time Funds Transfer capability that may post transactions to your account immediately. You may not be able to change or cancel transactions that have been submitted using these real-time options (you may, however, initiate a new Funds Transfer to reverse the original transaction). Please refer to applicable User’s 's Guides for additional information on Funds Transfer options. Future Dated Transfers may be cancelled or changed through the Service at any time prior to the Transmit Date.