Presentment of Debit Transactions. All checks and items drawn on your account, and other items or instructions seeking to debit money from your account (such as in-person withdrawals at our branch, Automated Clearing House (“ACH”) debits, Card transactions, online bill payment and/or transfer instructions, automatic transfers, and/or other forms of electronic fund transfers) are all individually and collectively considered “Debit Transactions” on your account. The decision to pay Xxxxx Transactions, or to return them unpaid, is made on the day that the Debit Transaction is presented to us. Our decision to pay or return your Debit Transaction is based on funds available in your account and other factors (for example, whether there are any withdrawal limits applicable for the account). We may determine your account balance for the purpose of deciding to pay or return your Debit Transaction at any time between the receipt of such presentment and the return of the item. No more than one such determination need be made. Your check may be presented to us as an electronic withdrawal. This may occur if (a) the holder of your check converts it into an electronic fund transfer or (b) if your check is returned by us, the holder may re-present it as an electronic fund transfer and charge a fee for the return. Your authorization of these electronic fund transfers may be in express form, or may be implied from posting a sign or delivery of a notice indicating the intent of the recipient of the check to present it electronically. It is the responsibility of the holder of the check, and is not our responsibility, to provide you with proper notice and to receive your authorization in these cases.
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