Common use of Overdraft Transfers Clause in Contracts

Overdraft Transfers. If you elect to utilize Overdraft Transfers, we will honor checks and other items drawn on insufficient funds in your checking account by transferring the necessary funds from other deposit accounts you designate. If you have enough funds in your account, you authorize us to automatically transfer funds in increments of $100 to cover any overdraft on your checking account. There is a transfer fee for each overdraft transfer as set forth on the Fee Schedule. You may decline this overdraft transfer service at any time by notifying us verbally or in writing.

Overdraft Transfers. If you elect to utilize Overdraft Transfers, we will honor checks and other items drawn on insufficient funds in your checking account by transferring the necessary funds from other deposit accounts you designate. If you have enough funds in your account, you authorize us to automatically transfer funds in increments of $100 to cover any overdraft on your checking account. There is a transfer fee for each overdraft transfer as set forth on the Fee Schedule. Transfers from a deposit account will be governed by this Agreement. You may decline this overdraft transfer service at any time by notifying us verbally or in writing.