Common use of Limit on Withdrawals Clause in Contracts

Limit on Withdrawals. You may make 8 withdrawals by check and unlimited withdrawals by means of a withdrawal slip, from a New Jersey Consumer Checking Account at no additional charge during each periodic cycle. You will be charged a fee for each withdrawal from an ATM operated by us, in excess of the first 25 withdrawals, as shown on the accompanying Schedule of Fees and Service Charges. An extra fee may be charged if you use an ATM that we do not operate. A withdrawal is considered made when it is recorded on our books, which is not ordinarily the date on which you wrote the check or necessarily the date that you received the cash. If the number of withdrawals by check you make during a periodic cycle exceeds 8, we may charge an extra fee for each additional withdrawal by check, as shown on the accompanying Schedule of Fees and Service Charges.

Appears in 6 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.