Common use of Our Options Clause in Contracts

Our Options. An “Overdraft” is any Transaction that causes your account to have a negative balance. If available funds are not on deposit at the time we review your balance after any check or transfer request is presented, we may, without prior notice, refuse payment or transfer and then return the check, or we may (but need not) pay the check or transfer. We need not review your account more than once in making this determination. In either case, an Overdraft fee or non- sufficient funds fees may be assessed. If we pay an Overdraft, you agree to immediately deposit sufficient funds to cover the Overdraft and related fee. Even if we have a history of paying Overdrafts for you, we may stop doing so at any time.

Our Options. An “Overdraft” is any Transaction that causes your account to have a negative balance. If available funds are not on deposit at the time we review your balance after any check or transfer request is presented, we may, without prior notice, refuse payment or transfer and then return the check, or we may (but need not) pay the check or transfer. We need not review your account more than once in making this determination. In either caseIf payment of the check or transfer causes your account to become overdrawn, an Overdraft fee or non- sufficient funds fees may be assessed. If we pay an Overdraft, you agree to immediately deposit sufficient funds to cover the Overdraft and any related fee. Even if we have a history of paying Overdrafts for you, we may stop doing so at any time.