Common use of Overdrafts (Order of Payments, Transfers, and other Withdrawals) Clause in Contracts

Overdrafts (Order of Payments, Transfers, and other Withdrawals). If funds are withdrawn from any of your accounts by means of electronic funds transfers, other than through Online Banking on the same business day as an Online Banking transaction, and if the account contains insufficient funds to enable both the electronic funds transfer and the Online Banking transfer to be made, then the electronic funds transfer will have priority and the Online Banking transfer will be refused or will result in an overdraft on your account. This is at the Financial Institution’s sole discretion.

Appears in 7 contracts

Samples: Online Banking Agreement, Online Banking Agreement, Management Agreement

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Overdrafts (Order of Payments, Transfers, and other Withdrawals). If funds are withdrawn from any of your accounts by means of electronic funds transfers, other than through Online Banking on the same business day as an Online Banking transaction, and if the account contains insufficient funds to enable both the electronic funds transfer and the Online Banking transfer to be made, then the electronic funds transfer will have priority and the Online Banking transfer will be refused or will result in an overdraft on your account. This is at the Financial InstitutionBank’s sole discretion.

Appears in 3 contracts

Samples: Business Online Banking Agreement, Online Banking Agreement, Online Banking Agreement

Overdrafts (Order of Payments, Transfers, and other Withdrawals). If funds are withdrawn from any of your Your accounts by means of electronic funds transfers, other than through Online Banking on the same business day as an Online Banking transaction, and if the account contains insufficient funds to enable both the electronic funds transfer and the Online Banking transfer to be made, then the electronic funds transfer will have priority and the Online Banking transfer will be refused or will result in an overdraft on your Your account. This is at the Financial Institution’s Our sole discretion.

Appears in 2 contracts

Samples: Online and Mobile Banking Agreement and Disclosure, Online and Mobile Banking Agreement and Disclosure

Overdrafts (Order of Payments, Transfers, and other Withdrawals). If funds are withdrawn from any of your accounts by means of electronic funds transfers, other than through Online Banking on the same business day Business Day as an Online Banking transaction, and if the account contains insufficient funds to enable both the electronic funds transfer and the Online Banking transfer to be made, then the electronic funds transfer will have priority and the Online Banking transfer will be refused or will result in an overdraft on your account. This is at the Financial InstitutionBank’s sole discretion.

Appears in 1 contract

Samples: Online Banking Agreement

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Overdrafts (Order of Payments, Transfers, and other Withdrawals). If funds are withdrawn from any of your accounts Accounts by means of electronic funds transfers, other than through Online Banking on the same business day Business Day as an Online Banking transactionTransfer or Payment, and if the account Account contains insufficient funds to enable both the electronic funds transfer and the Online Banking transfer Transfer or Payment to be made, then the electronic funds transfer will have priority and the Online Banking transfer Transfer or Payment will be refused or will result in an overdraft on your accountAccount. This is at the Financial InstitutionBank’s sole discretion.

Appears in 1 contract

Samples: Banking Agreement

Overdrafts (Order of Payments, Transfers, and other Withdrawals). If funds are withdrawn from any of your accounts Accounts by means of electronic funds transfersElectronic Funds Transfers, other than through Online Banking on the same business day Business Day as an Online Banking transactionTransfer or Payment, and if the account Account contains insufficient funds to enable both the electronic funds transfer Electronic Funds Transfer and the Online Banking transfer Transfer or Payment to be made, then the electronic funds transfer Electronic Funds Transfer will have priority and the Online Banking transfer Transfer or Payment will be refused or will result in an overdraft on your accountAccount. This is at the Financial InstitutionBank’s sole discretion.

Appears in 1 contract

Samples: www.e-bankplus.net

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