Overdraft Fees. We do not permit you to overdraw your Account and we do not charge you insufficient funds fees or overdraft fees. If the available balance in your Account is not sufficient to cover any transaction you have authorized, we can refuse to process the transaction. You must make a deposit immediately to cover any negative balance. If your Account has a negative balance for sixty (60) calendar days or more, we may close your Account. However, there may be instances where your Account can still become overdrawn. For example, if a deposit is returned or if a merchant settles a transaction for an amount greater than what was authorized.
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Samples: Transaction Account Agreement, Transaction Account Agreement, Transaction Account Agreement
Overdraft Fees. We do not permit you to overdraw your Account and we do not charge you insufficient funds fees or overdraft fees. If the available balance in your Account is not sufficient to cover any transaction you have authorized, we can refuse to process the transaction. You must make a deposit immediately to cover any negative balance. If your Account has a negative balance for sixty (60) calendar days or more, we may close your Account. However, there may be instances where your Account can still become overdrawn. For example, if a deposit is returned or if a merchant settles a Card transaction for an amount greater than what was authorizedthe card authorization.
Appears in 1 contract
Overdraft Fees. We do not permit you to overdraw your Account and we do not charge you insufficient funds fees or overdraft fees. If the available balance in your Account is not sufficient to cover any transaction you have authorized, we can refuse to process the transaction. However, there may be instances where your Account can still become overdrawn. For example, if a deposit is returned or if a merchant settles a Card transaction for an amount greater than the card authorization. You must make a deposit immediately to cover any negative balance. If your Account has a negative balance for sixty (60) calendar days or more, we may close your Account. However, there may be instances where your Account can still become overdrawn. For example, if a deposit is returned or if a merchant settles a transaction for an amount greater than what was authorized.
Appears in 1 contract
Samples: Transaction Account Agreement
Overdraft Fees. We do not permit you to overdraw your Account and we do not charge you insufficient funds fees or overdraft fees. If the available balance in your Account is not sufficient to cover any transaction you have authorized, we can refuse to process the transaction. However, there may be instances where your Account can still become overdrawn. For example, if a deposit is returned or if a merchant settles a Card transaction for an amount greater than the card authorization. You must make a deposit immediately to cover any negative balance. If your Account has a negative balance for sixty (60) calendar days or more, we may close your Account. However, there may be instances where your Account can still become overdrawn. For example, if a deposit is returned or if a merchant settles a transaction for an amount greater than what was authorized.]
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