Insufficient Available Funds to Pay Items. a. Order In Which Checks and Other Items Are Paid. b. Determination of Available Balance to Pay Items. Checks and other transactions on your account are paid based on your available balance, and not the actual balance. Your actual balance is the amount of funds in the account at a point in time based on transactions that have posted to the account at that time. Your available balance is the amount of funds
Appears in 3 contracts
Samples: Membership and Account Agreement, Consumer Membership and Account Agreement, Membership and Account Agreement
Insufficient Available Funds to Pay Items. a. Order In Which Checks and Other Items Are Paid.
b. Determination of Available Balance to Pay Items. Checks and other transactions on your account are paid based on your available balance, and not the actual balance. Your actual balance is the amount of funds in the account at a point in time based on transactions that have posted to the account at that time. Your available balance is the amount of fundspoint
Appears in 1 contract
Samples: Membership and Account Agreement
