LIMITS ON ONLINE BANKING TRANSACTIONS Sample Clauses

LIMITS ON ONLINE BANKING TRANSACTIONS. You may use Online Banking to check the balances of your Designated Accounts and to transfer funds among your Designated Accounts. You must have available funds in the designated account or available credit in the designated line of credit from which you instruct Bank to make a transfer. According to federal regulations, you may not make more than six (6) transfers or withdrawals from a money market account or savings account during a given monthly statement period. The transfers and withdrawals subject to this limitation are preauthorized or automatic transfers (including transfers made with Online Banking), transfers or withdrawals pursuant to a telephonic agreement, order or instruction, and checks, drafts, debit card transactions, and similar transactions payable to third parties. If use of a Service results in a payment that is sent out by paper check, the paper check will count toward your total number of checks written in the statement period. There are no limits to the number of transfers or withdrawals from a checking account. Balances shown in your Designated Accounts may include deposits subject to verification by Bank. The balance may also differ from your records due to deposits in progress, outstanding checks or other withdrawals, payments or charges. A transfer request may not result in immediate availability because of the time required to process the request. If you have further questions, contact us at 000-000-0000. Designated Account balances are updated each Business Day and the Online Banking system will display the most current "as of" date on the "accounts" page by selecting the “summary” option. There may be situations that cause a delay in an update of your displayed balances. Online Banking will use the most current balance available at the time of a transaction to base Bank’s approval of the transaction.
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LIMITS ON ONLINE BANKING TRANSACTIONS. Any account that you wish to make a payment or transfer funds from must have sufficient funds to cover the transaction. If any of your qualifying accounts are savings accounts or money markets then certain types of withdrawals from those accounts, including payments and transfers, are limited to a total of no more than 6 in any calendar month. The kinds of withdrawals covered by this limitation are those made by means of preauthorized/automatic transfers, payments, withdrawals may be made by check, draft, debit/ATM card, or similar order payable to third parties or telephone transfers. In addition, you also agree to the “Disclosure of Interest, Fees and Account Terms” that you received when you opened your deposit account. You can request another copy of this disclosure at any time, at any branch location. Your ability to transfer funds from certain accounts is limited by federal law and the applicable account agreements. You should refer to these agreements for legal restrictions and service charges applicable for excessive withdrawals and transfers.
LIMITS ON ONLINE BANKING TRANSACTIONS. You must have enough money in the account from which you instruct us to make a payment or transfer. If you do not have funds sufficient to cover the amount of your transfer or payment request, we may but are not obligated to complete the transfer or payment. • You also agree to be bound by any other terms and conditions you received when you opened your deposit account, or that you may have received subsequent to opening your deposit account.
LIMITS ON ONLINE BANKING TRANSACTIONS. You must have enough money or credit in any account from which you instruct us to make a payment or transfer. Certain types of accounts including but not limited to savings and money markets have limited number of withdrawals that may be allowed in a specified period. These limitations are found in the Hiawatha National Bank brochures "Personal and Business Banking Disclosures", "Deposit Account Agreement and Disclosure,"Regulation E Electronic Fund Transfers," Regulation CC Funds Availability," and Rate and Fee Schedule that you received when you opened your deposit account and any subsequent amendments. You continue to agree to the items in the brochure and any subsequent amendments.
LIMITS ON ONLINE BANKING TRANSACTIONS. You must have enough available money or credit in any account from which you instruct us to make a payment or transfer. Payments are not allowed from Christmas club, vacation club, education club, certificate of deposit, installment loan, or IRA accounts. You cannot transfer funds from an installment loan, or from or into a certificate of deposit or IRA. Funds transfers into loans or lines of credit will be credited as payments in the manner set forth in your promissory note or loan agreement. Transfers from savings and money market accounts are limited by law and your deposit account agreement with us. For these types of accounts, you may only make up to six withdrawals and/or transfers each month by check, preauthorized or automatic transfer, draft, telephone, or online access. Funds from deposited items may also be subject to an uncollected funds hold, as disclosed in your funds availability disclosure. You may request another one of these at the time you fill out your Connection Credit Union Online Banking application.
LIMITS ON ONLINE BANKING TRANSACTIONS. You must have enough available money or credit in any account from which you instruct us to make a payment or transfer. Payments are not allowed from savings, money market, certificate of deposit, installment loan, or line of credit accounts. You cannot transfer funds from an installment loan or line of credit (with the exception of home equity loans), or from or into a certificate of deposit or IRA. Funds transfers into loans or lines of credit will be credited as payments in the manner set forth in your promissory note or loan agreement. Transfers from savings and money market accounts are limited by law and your deposit account agreement with us. For these types of accounts, you may only make up to six withdrawals and/or transfers each month by check, preauthorized or automatic transfer, draft, telephone, or online access. Funds from deposited items may also be subject to an uncollected funds hold, as disclosed in your funds availability disclosure. You may request another one of these at the time you fill out your MainStreet Bank Online Banking application.
LIMITS ON ONLINE BANKING TRANSACTIONS. You must have enough money or credit in any account from which you instruct us to make a payment or transfer. Certain types of accounts including but not limited to savings and money markets have limited number of withdrawals that may be allowed in a specified period. These limitations are found in the “Illinois Terms and Conditions”, “Electronic Fund Transfers Disclosure”, “Your Ability to Withdraw Funds”, “Truth-In-Savings Disclosure”, and “Fee Schedule” that you received when you opened your deposit account and any subsequent amendments to these documents. You continue to agree to the terms you received in your initial disclosures and any subsequent amendments.
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LIMITS ON ONLINE BANKING TRANSACTIONS a. Transfers initiated prior to the Cutoff time on a Business Day will be posted to the Receiving Account the same day. All transfers completed after the Cutoff time or on a non-Business Day or holiday, will be posted the following Business Day. b. You assume responsibility for verifying availability of funds at the time of the payment or fund transfer order. You must have enough money or credit in the Account from which you instruct us to make a payment or transfer. c. Transfers from a savings Account by preauthorized, automatic, check, telephone or computer transfer area limited to six (6) per month. If you exceed these limits, we may close the Account and/or change the Account to a non-interest bearing demand deposit Account. d. If more than one transfer is made at or about the same time and the available funds in the applicable Account do not cover all of such fund transfer orders, we, at our option may execute as many of such fund transfer orders as possible within the dollar limits of such available funds, in any order convenient to us and in our sole discretion.
LIMITS ON ONLINE BANKING TRANSACTIONS. You must have sufficient available funds or credit in any account from which you instruct us to make a payment or transfer. You also agree to the “Deposit Account Agreement and Disclosure” that you received when you opened your deposit account, as the same may be amended or replaced from time to time. In addition, we reserve the right, at our discretion, to suspend or deny use of any online banking service and to impose transactional or other limits on the use thereof.
LIMITS ON ONLINE BANKING TRANSACTIONS. All transactions performed through our Online Service will be considered a Pre-authorized Electronic Funds Transfer.
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