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

Overdrafts (Order of Payments, Transfers, and other Withdrawals). If your Account has insufficient funds to perform all Electronic Fund Transfers you have requested for a given Business Day, then, subject to Section 23 below: (a) Electronic Fund Transfers involving currency disbursements, like ATM withdrawals, will have priority; and (b) Electronic Fund Transfers initiated through our Online Banking Service that would result in an overdraft of your Account may, at our sole discretion, be cancelled. If Electronic Fund Transfers initiated through our Online Banking Service would result in an overdraft of your Account and are not cancelled, overdraft charges may be assessed pursuant to the Account Agreement for that Account.

Appears in 2 contracts

Samples: Anb Bank Online Banking Agreement and Electronic, Anb Bank Online Banking Agreement and Electronic

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Overdrafts (Order of Payments, Transfers, and other Withdrawals). If your Account has insufficient funds to perform all Electronic Fund Transfers you have requested for a given Business Day, then, subject to Section 23 below: (a) Electronic Fund Transfers fund transfers involving currency disbursements, like ATM withdrawals, will have priority; and (b) Electronic Fund Transfers fund transfers initiated through our Online Internet Banking Service that which would result in an overdraft of your Account may, at our sole discretion, be cancelled. If Electronic Fund Transfers ; • In the event the electronic fund transfers initiated through our Online Internet Banking Service which would result in an overdraft of your Account and are not cancelled, overdraft charges may be assessed pursuant to the Account Agreement terms of the deposit agreement for that Account.

Appears in 2 contracts

Samples: Inwood National Bank, Inwood National Bank

Overdrafts (Order of Payments, Transfers, and other Withdrawals). If your Account has insufficient funds to perform all Electronic Fund Transfers you have requested for a given Business Day, then, subject to Section 23 25 below: (a) Electronic Fund Transfers involving currency disbursements, like ATM withdrawals, will have priority; and (b) Electronic Fund Transfers initiated through our Online Digital Banking Service that would result in an overdraft of your Account may, at our sole discretion, be cancelled. If Electronic Fund Transfers initiated through our Online Digital Banking Service would result in an overdraft of your Account and are not cancelled, overdraft charges may be assessed pursuant to the Account Agreement for that Account.

Appears in 1 contract

Samples: Anb Bank Digital Banking Agreement

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Overdrafts (Order of Payments, Transfers, and other Withdrawals). If your Account has insufficient funds to perform all Electronic Fund Transfers electronic fund transfers you have requested for a given Business Daybusiness day, then, subject to Section 23 below: (a) Electronic Fund Transfers funds transfers involving currency disbursements, like ATM withdrawals, will have priority; and (b) Electronic Fund Transfers fund transfers initiated through our Online Banking Service that System which would result in an overdraft of your Account may, at our sole discretion, be cancelled. If Electronic Fund Transfers ; (c) In the event the electronic fund transfers initiated through our Online Banking Service System which would result in an overdraft of your Account and are not cancelled, overdraft charges may be assessed pursuant to the Account Agreement terms of the deposit agreement for that Account.

Appears in 1 contract

Samples: www.bankingwithcsb.com

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