Order of Posting Transactions. On any business day, if we receive more than one item for payment from your account and we determine that your available balance is sufficient to pay some - but not all - of those items, then the number of items paid and the resulting insufficient funds or overdraft charges we assess and debit against your account could be affected by the order in which we post those items. For example, if we post items within a category in the order of their decreasing dollar amounts (known as “high-to-low”), your account balance will be reduced by greater dollar amount items first. High-to-low posting will increase the risk that lesser dollar amount items will be returned for insufficient funds or create overdrafts in your account, and that we will assess and debit more insufficient funds and overdraft charges against your account. However, high- to-low posting also will reduce the risk that important greater dollar items, such as your mortgage, insurance premium or car payment will be returned unpaid for insufficient funds in your account. We process and post items to your account at the end of each business day, first by category order and then, within each category as stated in the table below. Category Item Type Posting Order First We ADD all deposits and other credits to your account high-to-low Then we SUBTRACT Second Service fees and assessed charges high-to-low Third Wire transfers of funds high-to-low Fourth Items that you did not initiate, for example, returned deposited items and any other reversal of a credit to your account high-to-low Fifth Items that you initiated and we authorized before we received them, such as ATM cash withdrawals, POS and other debit card transactions, UMB Online bill payments, and UMB Mobile Banking transactions, that show the date and time at which we authorized the item chronological by date and time Sixth Items that you initiated and we authorized before we received them, such as ATM cash withdrawals, POS and other debit card transactions, UMB Online bill payments, and UMB Mobile Banking transactions, that do not show the date and time at which we authorized the item low-to-high Seventh All other items that we did not authorize before we received them, such as your checks and most ACH payments (for example, checks that are converted by the payee to electronic debit transactions), withdrawals (for example, your mortgage, car payment, or utility bill), and in-person withdrawals and other teller transactions at a UMB branch high-to-l...
