Common use of Overdraft Transfers Clause in Contracts

Overdraft Transfers. We will cover overdrafts on your checking account by making transfers from any savings account of yours or a loan advance on your line of credit or credit card account, as you have previously authorized, and transferring amounts to cover an overdraft to your checking account. You will be subject to a charge for each overdraft transfer whether the associated item is paid or unpaid as set forth in the Rate and Fee Schedule. You may cancel this overdraft transfer service at any time by notifying us in time to take action prior to a transfer being made.

Overdraft Transfers. We will cover overdrafts on your checking account by making transfers from any savings account of yours or a loan advance on your line of credit or credit card account, as you have previously authorizedauthorize, and transferring amounts to cover an overdraft to your checking account. You will be subject to a charge for each overdraft transfer whether the associated item is paid or unpaid as set forth in the Rate and Fee Schedule. You may cancel opt out of this overdraft transfer service at any time by notifying us in time to take action prior to a transfer being madewriting.