Common use of Limits on Overdraft Protection Clause in Contracts

Limits on Overdraft Protection. We will not transfer more than the available account balance in a linked savings account or the available credit (as of the end of the previous business day) on a Personal Line of Credit account, even if the amount of the overdraft is more than the available amount. If the available balance in a linked savings account or the available credit on a Personal Line of Credit account is not enough to pay the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions, plus the fee. Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees or NSF Fees will be charged as if you did not have overdraft protection.

Appears in 6 contracts

Samples: Share Account Agreement, Share Account Agreement, Overdraft Protection and Payassure Service Agreement

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Limits on Overdraft Protection. We will not transfer more than the available account balance in a linked savings share (savings) account or the available credit (as of the end of the previous business day) on a Personal Line of Credit account, even if the amount of the overdraft is more than the available amount. If the available balance in a linked savings share (savings) account or the available credit on a Personal Line of Credit account is not enough to pay the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions, transactions plus the fee. Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees or NSF Fees will be charged as if you did not have overdraft protection.

Appears in 1 contract

Samples: Membership and Account Agreement

Limits on Overdraft Protection. We will not transfer more than the available account balance in a linked savings liquid account or the available credit (as of the end of the previous business day) on a Personal Line of Credit account, even if the amount of the overdraft is more than the available amount. If the available balance in a linked savings liquid account or the available credit on a Personal Line of Credit account is not enough to pay the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions, plus the fee. Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees or NSF Fees will be charged as if you did not have overdraft protection.

Appears in 1 contract

Samples: Share Account Agreement

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Limits on Overdraft Protection. We will not transfer more than morethan the available account balance in a linked savings linkedsavings account or the available credit availablecredit (as of the end of the previous business day) on thepreviousbusinessday)on a Personal Line PersonalLine of Credit account, even if the amount Creditaccount,evenif theamount of the overdraft is more than the available amountmorethanthe availableamount. If the available theavailable balance in a linked savings account or the available credit on a Personal Line of Credit account is not enough to pay the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions, plus the fee. Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees OverdraftTransferFees or NSF Fees will be charged as if you did not have overdraft protection.

Appears in 1 contract

Samples: Share Account Agreement

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