Limits on Overdraft Transfer Service. We will not transfer more than the available account balance in designated linked account if the amount of the overdraft and related fee(s) exceed the available amount. If the available balance in a designated linked account is not enough to pay the full amount of the transaction(s) You have initiated on any day plus the Overdraft Transfer Fee(s), we will transfer up to the available balance to pay one or more transactions, plus the applicable fee for each item. Any transactions that are not paid by the transfer will either be paid through our Courtesy Pay Service or returned, and Overdraft Transfer Fees, Courtesy Pay Fees, and/or NSF Fees, as applicable, will be assessed. The following example illustrates how this works if You have elected both Overdraft Transfer Service and Courtesy Pay Overdraft Service: Assume Your actual and available balances in Your checking account are both $50, and Your available balance in Your savings account is $10. You write a check for $80. When the check is presented for payment, because You don’t have $80 available in Your checking account or regular savings account, the item cannot be fully paid using the Overdraft Transfer Service from the regular savings account. However, if You have also elected Courtesy Pay, we may elect to transfer the $10 in Your linked savings account and pay the remaining portion of the item using Courtesy Pay. In such case, You will be assessed both an Overdraft Transfer Fee and a Courtesy Pay Fee. However, because Courtesy Pay is a discretionary service, we may instead elect to decline to pay the transaction. If we decline to pay the transaction, we will not transfer any funds from Your linked savings account, we will decline the transaction, and we will assess You an NSF Fee each time the item is presented for payment. It is important to remember that we have no control over how many times an intended payee may present the same item for payment. Multiple presentments of the same item will result in multiple fees.
Limits on Overdraft Transfer Service. We will not transfer more than the available account balance in designated linked account if the amount of the overdraft and related fee(s) exceed the available amount. If the available balance in a designated linked account is not enough to pay the full amount of the transaction(s) you have initiated on any day plus the Overdraft Transfer Fee(s), we will transfer up to the available balance to pay one or more transactions, plus the applicable fee for each item. Any transactions that are not paid by the transfer will either be paid through our Overdraft Tolerance Service or returned, and Overdraft Transfer Fees, Overdraft Tolerance Fees, and/or NSF Fees, as applicable, will be assessed. The following example illustrates how this works if you have elected both Overdraft Transfer Service and Overdraft Tolerance Overdraft Service: Assume your actual and available balances in your checking account are both $50, and your available balance in your savings account is
Limits on Overdraft Transfer Service. We will not transfer more than the available account balance in designated linked account if the amount of the overdraft and related fee(s) exceed the available amount. If the available balance in a designated linked account is not enough to pay the full amount of the transaction(s) you have initiated on any day, we will transfer up to the available balance to pay one or more transactions. Any transactions that are not paid by the transfer will either be paid through our Overdraft Privilege Service or returned, and Overdraft Privilege Fees, and/or NSF Fees, as applicable, will be assessed. The following example illustrates how this works if you have elected both Overdraft Transfer Service and Overdraft Privilege Overdraft Service: Assume your actual and available balances in your Share Draft Account are both $50, and your available balance in your savings account is $10. You write a check for $80. When the check is presented for payment, because you don’t have $80 available in your Share Draft Account or designated linked account, the item cannot be fully paid using the Overdraft Transfer Service from the designated linked account. However, if you have also elected Overdraft Privilege, we may elect to transfer the $10 in your designated linked account and pay the remaining portion of the item using Overdraft Privilege. In such case, you will be assessed an Overdraft Privilege Fee. However, because Overdraft Privilege is a discretionary service, we may instead elect to decline to pay the transaction. If we decline to pay the transaction, we will not transfer any funds from your designated linked account, we will decline the transaction, and we will assess you an NSF Fee each time the item is presented for payment. It is important to remember that we have no control over how many times an intended payee may present the same item for payment. Multiple presentments of the same item will result in multiple fees.
