Common use of Processing Order Clause in Contracts

Processing Order. We will process debit and credit transactions in accordance with our processing order policy. The processing order of these debits and credits is important because if your account balance has insufficient funds to pay for the debits and credits in the order that they are processed, we may charge you non-sufficient funds fees if we return the debit or charge you overdraft fees if we pay the debit on your behalf.

Appears in 7 contracts

Samples: Deposit Account Agreement, Account Agreements and Disclosures, Deposit Account Agreement

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Processing Order. We will process debit and credit transactions in accordance with our processing order policy. The processing order of these debits and credits is important because if your account balance has insufficient funds to pay for the debits and credits items in the order that they are processed, we may charge you non-sufficient funds fees if we return the debit or charge you overdraft fees if we pay the debit on your behalf.

Appears in 3 contracts

Samples: Business Deposit Account Agreement, Account Agreements and Disclosures, Business Deposit Account Agreement

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