Common use of Limits on Online Funds Transfers Clause in Contracts

Limits on Online Funds Transfers. You must have enough available money or credit in any account from which you instruct us to make a transfer. All transfers must be in U.S. Dollars. For security reasons, we may implement limits on the number or amount of transactions you can make using our Online Services. We also reserve the right to limit or suspend access to our Online Services as we deem necessary for security reasons. We may also limit access from countries other than the United States of America. If any qualifying accounts are money manager deposit accounts or saving deposit accounts, certain types of withdrawals from those accounts, including payments and transfers, are limited to a total of no more than 6 in any specified period. The specified period for money manager deposit accounts is the monthly statement period. The specified period for savings deposit accounts is a calendar month. The kinds of withdrawals covered by this limitation are those made by means of preauthorized or automatic transfers and payments or telephone agreement, order or instruction. A total of only 3 of these kinds of withdrawals may be made by debit card, or similar order payable to third parties.