Common use of Processing of Transfer Requests Clause in Contracts

Processing of Transfer Requests.  Transfers can be made in two (2) ways, on a one (1)-time or recurring basis. One-time transfers may be immediate or scheduled for a future date. The recurring transfer feature may be used when a set amount is transferred at regular intervals. For example, a $100 transfer from a checking to a savings account which occurs every two (2) weeks.  One-time immediate transfers can be made from a linked 1st Capital Bank checking, savings, money market, line of credit, account to most other linked 1st Capital Bank accounts.  Scheduled and recurring transfers can be made from a linked 1st Capital Bank checking, savings, money market account to a linked checking or savings account.  Transfers can be made from a linked 1st Capital Bank personal or small business checking, savings, money market or line of credit account to most personal or small business checking, savings, or money market accounts of other 1st Capital Bank customers.  Some account types, including those with foreign addresses, cannot be set up to receive funds.  Transfers from a deposit account are immediately reflected in the account's available balance.

Appears in 1 contract

Samples: Business Online Banking Service Agreement

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Processing of Transfer Requests.  Transfers can be made in two (2) ways, on a one (1)-time 1) time or recurring basis. One-time transfers may be immediate or scheduled for a future date. The recurring transfer feature may be used when a set amount is transferred at regular intervals. For example, a $100 transfer from a checking to a savings account which occurs every two (2) weeks.  One-time immediate transfers can be made from a linked 1st Capital Bank checking, savings, money market, line of credit, account to most other linked 1st Capital Bank accounts.  Scheduled and recurring transfers can be made from a linked 1st Capital Bank checking, savings, money market account to a linked checking or savings account.  Transfers can be made from a linked 1st Capital Bank personal or small business checking, savings, money market or line of credit account to most personal or small business checking, savings, or money market accounts of other 1st Capital Bank customers.  Some account types, including those with foreign addresses, cannot be set up to receive funds.  Transfers from a deposit account are immediately reflected in the account's available balance.

Appears in 1 contract

Samples: Consumer Online Banking Service Agreement

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