Common use of Making Transfers Clause in Contracts

Making Transfers. You may make one-time, scheduled, or recurring fund transfers between your Eligible Account and your External Account and select funds delivery timing options by following the instructional material and on-screen guides in the Service application. Available funds delivery timing options and applicable cutoff times are displayed in the Service application. Certain funds delivery timing options are subject to eligibility criteria established by us from time to time in our discretion. We may not disclose these criteria for security reasons. Your Eligible Account and/or your External Account may not always satisfy eligibility criteria for certain funds delivery timing options, and certain External Account Institutions may not be enabled to accommodate certain funds delivery timing options. Actual funds delivery speed for any funds delivery timing option offered through the Service (including, if available, next day and instant transfers) may vary based upon the fraud, risk, and other funds availability policies of each participating financial institution and upon network availability. Any instant transfer option offered through the Service may not, in fact, result in the instant delivery of funds, although funds may be debited from your Eligible Account or External Account as soon as you authorize the transaction. If you initiate a fund transfer after the applicable cutoff time on a Business Day or on a day that is not a Business Day, or if a fund transfer you have scheduled in advance falls on a day that is not a Business Day, the transaction will begin processing on the next Business Day and the funds delivery timing option you have selected will correspond to that next Business Day. When we receive a transfer instruction from you, you authorize us (i) debit your Eligible Account and remit funds on your behalf to the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below; or, as applicable to (ii) credit your Eligible Account and remit funds on your behalf from the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below. You also authorize us to reverse a transfer from the applicable Eligible Account or External Account if the debit is returned from the other Eligible or External Account in the transaction for any reason, including but not limited to nonsufficient funds. Transfers may be delayed or blocked to prevent fraud or comply with regulatory requirements. If we delay or block a transfer instruction that you have initiated, we will notify you in accordance with your user preferences (i.e., email, push notification). We reserve the right to select the method by which to complete the fund transfer, and you agree to be bound by any applicable rules or regulations that govern such method, including, without limitation, automated clearinghouse network rules. Pending the delivery of funds to the destination account, the funds may be held in a holding account maintained by us or by our service provider. In that event, you acknowledge and agree that we will not be liable to you for any compensation or interest on such funds pending delivery to the destination account.

Making Transfers. You may make one-time, scheduled, or recurring fund transfers between your Eligible Account and your External Account and select funds delivery timing options by following the instructional material and on-screen guides in the Service application. Available The Service offers standard delivery (funds delivery timing options and applicable cutoff times are displayed available in the Service applicationdestination account within three Business Days after the Business Day on which the transaction begins processing) and next day delivery (funds are available in the destination account on the next Business Day after the Business Day on which the transaction begins processing). Certain funds Funds delivery timing options are subject to eligibility criteria established by us from time to time cutoff times displayed in our discretion. We may not disclose these criteria for security reasons. Your Eligible Account and/or your External Account may not always satisfy eligibility criteria for certain funds delivery timing options, and certain External Account Institutions may not be enabled to accommodate certain funds delivery timing options. Actual funds delivery speed for any funds delivery timing option offered through the Service (including, if available, next day and instant transfers) may vary based upon the fraud, risk, and other funds availability policies of each participating financial institution and upon network availability. Any instant transfer option offered through the Service may not, in fact, result in the instant delivery of funds, although funds may be debited from your Eligible Account or External Account as soon as you authorize the transactionapplication. If you initiate a fund transfer after the applicable cutoff time on a Business Day or on a day that is not a Business Day, or if a fund transfer you have scheduled in advance falls on a day that is not a Business Day, the transaction will begin processing on the next Business Day and the funds delivery timing option you have selected will correspond to that next Business Day. When we receive a transfer instruction from you, you authorize us (i) debit your Eligible Account and remit funds on your behalf to the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below; or, as applicable to (ii) credit your Eligible Account and remit funds on your behalf from the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below. You also authorize us to reverse a transfer from the applicable Eligible Account or External Account if the debit is returned from the other Eligible or External Account in the transaction for any reason, including but not limited to nonsufficient funds. Transfers may be delayed or blocked to prevent fraud or comply with regulatory requirements. If we delay or block a transfer instruction that you have initiated, we will notify you in accordance with your user preferences (i.e., i.e. email, push notification). We reserve the right to select the method by which to complete the fund transfer, and you agree to be bound by any applicable rules or regulations that govern such method, including, without limitation, automated clearinghouse network rules. Pending the delivery of funds to the destination account, the funds may be held in a holding account maintained by us or by our service provider. In that event, you acknowledge and agree that we will not be liable to you for any compensation or interest on such funds pending delivery to the destination account.

Making Transfers. You may make one-time, scheduled, or recurring fund transfers between your Eligible Account and your External Account and select funds delivery timing options by following the instructional material and on-screen guides in the Service application. Available funds delivery timing options and applicable cutoff times are displayed in the Service application. Certain funds delivery timing options are subject to eligibility criteria established by us from time to time in our discretion. We may not disclose these criteria for security reasons. Your Eligible Account and/or your External Account may not always satisfy eligibility criteria for certain funds delivery timing options, and certain External Account Institutions may not be enabled to accommodate certain funds delivery timing options. Actual funds delivery speed for any funds delivery timing option offered through the Service (including, if available, next day and instant transfers) may vary based upon the fraud, risk, and other funds availability policies of each participating financial institution and upon network availability. Any instant transfer option offered through the Service may not, in fact, result in the instant delivery of funds, although funds may be debited from your Eligible Account or External Account as soon as you authorize the transaction. If you initiate a fund transfer after the applicable cutoff time on a Business Day or on a day that is not a Business Day, or if a fund transfer you have scheduled in advance falls on a day that is not a Business Day, the transaction will begin processing on the next Business Day and the funds delivery timing option you have selected will correspond to that next Business Day. When we receive a transfer instruction from you, you authorize us (i) debit your Eligible Account and remit funds on your behalf to the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below; or, as applicable to (ii) credit your Eligible Account and remit funds on your behalf from the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below. You also authorize us to reverse a transfer from the applicable Eligible Account or External Account if the debit is returned from the other Eligible or External Account in the transaction for any reason, including but not limited to nonsufficient funds. Transfers may be delayed or blocked to prevent fraud or comply with regulatory requirements. If we delay or block a transfer instruction that you have initiated, we will notify you in accordance with your user preferences (i.e., email, push notification). We reserve the right to select the method by which to complete the fund transfer, and you agree to be bound by any applicable rules or regulations that govern such method, including, without limitation, automated clearinghouse network rules. Pending the delivery of funds to the destination account, the funds may be held in a holding account maintained by us or by our service provider. In that event, you acknowledge and agree that we will not be xxxx notbe liable to you for any compensation or interest on such funds pending delivery to the destination account.