Posting of Deposits Sample Clauses

Posting of Deposits. Deposits completed through the System before the On-Site Teller or Mobile Banking Deposit Cut-Off set forth in Section 19 on a business day are posted to Customer’s account the same day. Deposits completed after the On-Site Teller or Mobile Banking Deposit Cut-Off set forth in Section 19 or on a non-business day will be posted on the next business day. Customer agrees to communicate this information with any other persons with authorized access to Customer’s accounts concerning any transfers, bill payments, or other transactions from Customer’s accounts in order to avoid overdrafts. The Bank reserves the right in its sole discretion to terminate or suspend Customer’s access to On-Site Teller Services or Mobile Banking Deposit Services at any time and with or without notice to Customer. For example, if an account has no Items presented for deposit through the On-Site Teller Service for a period of 90 days the Bank may terminate Customer’s access to the On-Site Teller Service.
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Posting of Deposits. Deposits completed through the System before the Remote Deposit Capture or Mobile Banking Deposit Cut-Off set forth in Section 19 on a business day are posted to Customer’s account the same day. Deposits completed after the Remote Deposit Capture or Mobile Banking Deposit Cut-Off set forth in Section 19 or on a non- business day will be posted on the next business day. Customer agrees to communicate this information with any other persons with authorized access to Customer’s accounts concerning any transfers, bill payments, or other transactions from Customer’s accounts in order to avoid overdrafts. The Bank reserves the right in its sole discretion to terminate or suspend Customer’s access to Remote Deposit Capture Services or Mobile Banking Deposit Services at any time and with or without notice to Customer. For example, if an account has no Items presented for deposit through the Remote Deposit Capture Service for a period of 90 days the Bank may terminate Customer’s access to the Remote Deposit Capture Service.
Posting of Deposits. Funds deposited through the Remote Deposit Capture Service are available on the next Business Day after the funds are posted to Client’s Account. Unless Bank notifies Client otherwise, Bank provides next day credit to the applicable Account for all Imaged Items transmitted by Client and received by Bank within the timelines established by Bank, and are subject to Bank’s funds availability schedule which may be amended without notice from time to time. The System will provide Client with automated deposit confirmation in the form of a unique deposit confirmation number upon successful transmission of a deposit through the Remote Deposit Capture Service.
Posting of Deposits. Deposits initiated through the System before 3:30 pm CST on a business day are posted to your account the same day. Deposits completed after 3:30 pm CST or on a non-business day will be posted on the next business day. It is your responsibility to understand and build into your Company’s transmission schedules the appropriate deadlines necessary to meet the availability schedules of the Credit Union. You agree to communicate this information with any other persons with authorized access to your accounts concerning any transfers, payments, or other transactions from your accounts in order to avoid overdrafts.
Posting of Deposits. Each ATM deposit made by the ATM’s posted cut-off time on any business day we are open will be posted to your Deposit Account on the date of receipt; otherwise, it will be posted on our following business day. The cut-off times for deposits may differ from cut-off times for other Transactions. All deposits made through a BBVA USA ATM are subject to verification and proof, and are accepted in accordance with the terms of the agreement for the Deposit Account and our Funds Availability Policy.
Posting of Deposits. The deadline (Receipt Deadline) for our receipt of Remote Deposits is 3:00 PM on a Banking Day. Any Remote Deposits not received on a Banking Day or not received in their entirety by the Receipt Deadline on a Banking Day will be considered to have been received on the next Banking Day. The System will provide you with automated deposit confirmations in the form of a unique transaction confirmation number from successful transmissions at the time a deposit is transmitted to the Bank. It is your responsibility to understand and build into your Company’s transmission schedules the appropriate deadlines necessary to meet the availability schedules of the Bank as set forth in the Deposit Account Agreements or as otherwise established by the Bank. In addition, you are responsible for understanding and building into your Company’s transmission schedule the changes in transmission windows required by time changes associated with Daylight Savings Time. You agree to communicate this information with any other persons with authorized access to your accounts concerning any transfers, payments, or other transactions from your accounts in order to avoid overdrafts.

Related to Posting of Deposits

  • Payment of Deposits In the event any depositor does not accept the obligation of the Assuming Institution to pay any Deposit liability of the Failed Bank assumed by the Assuming Institution pursuant to this Agreement and asserts a claim against the Receiver for all or any portion of any such Deposit liability, the Assuming Institution agrees on demand to provide to the Receiver funds sufficient to pay such claim in an amount not in excess of the Deposit liability reflected on the books of the Assuming Institution at the time such claim is made. Upon payment by the Assuming Institution to the Receiver of such amount, the Assuming Institution shall be discharged from any further obligation under this Agreement to pay to any such depositor the amount of such Deposit liability paid to the Receiver.

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