Common use of NSF, Overdraft, and Linked Accounts Clause in Contracts

NSF, Overdraft, and Linked Accounts. We are not obligated to honor and pay any item or transaction presented for payment if your Account does not contain a sufficient Available Balance and we may only honor and pay an item or transaction presented for payment if your Account is covered by Optional NSF Service for Deposit Accounts, Optional Overdraft Service for Debit Card Transactions, or by the Available Balance of any linked account (NSF/Overdraft Protection Linked Account Option). These services should not be viewed as an encouragement to overspend the Available Balance in your Account. As always, we encourage you to manage your finances responsibly. A negative balance could occur in your Accounts in several ways, such as when:

Appears in 13 contracts

Samples: www.becu.org, www.becu.org, m.becu.org

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.