Common use of Ineligible Transaction Account Types Clause in Contracts

Ineligible Transaction Account Types.  Velo by East West Bank or East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank  Individual Retirement Accounts (IRAs)  401 K Accounts  Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust Accounts  Business Accounts  Certificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this Internal Transfer Service due to restrictions specific to your Velo or other East West Bank account. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.

Ineligible Transaction Account Types.  ▪ Velo by East West Bank or East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank  ▪ Individual Retirement Accounts (IRAs)  ▪ 401 K Accounts  ▪ Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust Accounts  ▪ Business Accounts  ▪ Certificate of Deposit (CD) accounts or other time-based accounts  ▪ Loan Accounts (including credit card and equity accounts) You may have other accounts that are ineligible for this Internal Transfer Service due to restrictions specific to your Velo or other East West Bank account. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.

Ineligible Transaction Account Types.  Velo by East West Bank or East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank  Individual Retirement Accounts (IRAs)  401 K Accounts  Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust Accounts  Business Accounts  Certificate of Deposit (CD) accounts or other time-based accounts  Credit Card Accounts  Loan Accounts (including credit card and equity accountsexcluding HELOC) You may have other accounts that are ineligible for this Internal Transfer Service due to restrictions specific to your Velo or other East West Bank account. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.