Common use of Market Accounts Clause in Contracts

Market Accounts. In each monthly statement period, you may make no more than six (6) transfers and/or withdrawals by means of preauthorized, automatic telephone or computer instructions or checks, when applicable. There are no limits on the number of transfers or withdrawals that you may make in person at any of our branches or at an ATM. We will impose a service charge for each transaction in excess of the legal limit. If you exceed the permitted limit repeatedly, we may convert your account to a transaction account. If we convert your account, we will tell you that we have done so.

Appears in 2 contracts

Samples: Personal Deposit Account Agreement, Personal Deposit Account Agreement

AutoNDA by SimpleDocs

Market Accounts. In each monthly statement period, you may make no more than six (6) transfers and/or withdrawals by means of preauthorized, automatic telephone or computer instructions (including through online or mobile banking) or checks, when applicable. There are no limits on the number of transfers or withdrawals that you may make in person at any of our branches or at an ATM. We will impose a service charge for each transaction in excess of the legal limit. If you exceed the permitted limit repeatedly, we may convert your account to a transaction account. If we convert your account, we will tell you that we have done so.

Appears in 2 contracts

Samples: Deposit Account Agreement, Personal Deposit Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!