PROCESSING TIMEFRAMES FOR EXTERNAL TRANSFERS Sample Clauses

PROCESSING TIMEFRAMES FOR EXTERNAL TRANSFERS. The Transfer Date is the date that the money is withdrawn from the Transaction Account. Transfers are typically deposited in your Recipient Account on the transfer date. There are two types of delivery options you can select when scheduling an External Transfer: Standard and Next‐Day. Standard External Transfers may be delayed three Business Days depending on the transfer amount. Additionally, Standard External Transfers may be delayed five Business Days depending on the selected Transaction Account. If you use the Next‐Day option, your transfers will generally be available the next Business Day after your transfer. Your transfer limits are determined based on information that we received from the consumer credit reporting agency that verified your information when you enrolled and our experience with you. The calendar within Online Banking shows the earliest available date you can make a transfer based upon the delivery option you select.
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PROCESSING TIMEFRAMES FOR EXTERNAL TRANSFERS. The Transfer Date is the date that the money is withdrawn from the Transaction Account. Transfers are typically deposited in your Recipient Account on the transfer date. There are two types of delivery options you can select when scheduling an External Transfer: Standard and Next‐Day. Standard External Transfers may be delayed three Business Days depending on the transfer amount. Additionally, Standard External Transfers may be delayed five Business Days depending on the selected Transaction Account. If you use the Next‐Day option, your transfers will generally be available the next Business Day after your transfer. Your transfer limits are determined based on information that we received from the consumer credit reporting agency that verified your information when you enrolled and our experience with you. The calendar within Online Banking shows the earliest available date you can make a transfer based upon the delivery option you select. Transfers may be delayed or blocked to prevent fraud or comply with regulatory requirements. If we delay or block a Transfer Instruction that you have initiated, we will notify you in accordance with your user preferences (i.e. email).
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