Scheduling External Transfers Sample Clauses

Scheduling External Transfers. External Transfers can be scheduled (or initiated) on either a one-time basis or a recurring basis. One-time transfers may be scheduled to be sent immediately or scheduled to be sent on a future date. The recurring transfer feature may be used when a set amount is transferred at regular intervals. One-time future-dated or future recurring transfers scheduled for a weekend or a non-Business Day will be processed on the next Business Day. All other one-time future-dated and recurring transfers will be processed at the end of the Business Day requested. The cut-off time and delivery date of External Transfers is set forth in Online Banking and/or in this Agreement.
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Scheduling External Transfers. External Transfers can be scheduled (or initiated) on either a one-time basis or a recurring basis. One- time transfers may be scheduled to be sent on the same business day (before 3pm) or scheduled to be sent on a future date. The recurring transfer feature may be used when a set amount is transferred at regular intervals. One-time future-dated or future recurring transfers scheduled for a weekend or a non-Business Day will be processed on the prior Business Day. All other one-time future-dated and recurring transfers will be processed at the end of the Business Day requested. The cut-off time and delivery date of External Transfers is set forth in Online Banking and/or in this Agreement. When Transfers are Debited/Credited to/from Your Account(s). Transfers initiated before Cut-Off Time: Funds involving an External Transfer from your Account with us (Outbound) will be debited from your Account and credited to the receiving non-CFSB account on the next Business Day after you initiate the transfer. Funds involving Inbound transfers will be debited from the external, non-CFSB account and credited to the receiving CFSB Account on the next Business Day after you initiate the transfer. Funds credited to the receiving CFSB account may not be available for use until the second business day following the day of credit. For accounts that are less than 30 days old, the funds credited to the receiving CFSB account may not be available until the 5th business day following the day of credit. Transfers initiated after Cut-Off Time. Funds involving an External Transfer from your Account with Bank (Outbound) will be debited from your Account and credited to the receiving external, non-CFSB account on the second Business Day after you initiate the transfer. Funds involving Inbound transfers will be debited from the external, non-CFSB account and credited to the receiving CFSB Account on the second Business Day after you initiate the transfer. The funds credited to the receiving CFSB account may not be available for use until the second business day following the day of credit. For accounts that are less than 30 days old, the funds credited to the receiving CFSB account may not be available until the 5th business day following the day of credit. Canceling Scheduled Transfers. Future-dated External Transfers (either onetime or recurring) can be cancelled prior to the cut-off time set forth in Online Banking on the Business Day prior to the date the transfer is scheduled to ...
Sample 1

Related to Scheduling External Transfers

  • External Transfers Bank will not be obligated to make any transfer you may request unless there are sufficient available funds in your Transfer From account to cover the transfer on the Transfer On date. If there are insufficient available funds to cover a transfer, Bank will not retry the transaction and the transfer will be immediately rejected. As well, you are responsible for providing Bank accurate and complete information and for verifying that all money has been properly transferred to the appropriate accounts. The Cutoff Time for the External Transfer Service is 6pm CST on any Business Day. All Cutoff Times referenced in this Agreement reflect the times displayed on Bank’s internal system clocks and may not necessarily be synchronized with the internal clock displayed on your computer. For this reason, Xxxx suggests that you transmit any instructions to Bank sufficiently in advance of such Cutoff Times to eliminate the possibility of missing the Cutoff Time. All outgoing transfers are assumed to be Next Day. Money being transferred is taken out of the Bank Transfer From account on the Business Day that the transfer is requested, assuming all funds are available. Transfers between deposit accounts held by Bank and an External Account that Bank receives by the Cutoff Time on any Business Day will begin processing on the same day. Transfers to an External Account will be deducted from your Transfer From account held by Bank on the Transfer On date and will usually be reflected in your External Account on the next Business Day. However, the receiving bank’s processing policies and guidelines still apply and may not allow for same day availability. Transfers from External Accounts are subject to the processing times of the financial institution holding your External Account. Instructions for transfers from External Accounts that Bank receives by the Cutoff Time on any Business Day will be sent to the holder of your External Account on the same day for processing. Transfer instructions relating to External Accounts and the transmission and issuance of data related to such instructions shall be received pursuant to the terms of this Agreement and the rules of the National Automated Clearing House Association ("NACHA") and the applicable automated clearing house ("Regional ACH") (collectively, the "Rules") and you and Bank agree to be bound by such Rules as in effect from time to time. In accordance with such Rules, any credit to your deposit account held by Bank or your External Account shall be provisional until such credit has been finally settled by Bank or the third party institution which holds your External Account, as the case may be. You acknowledge that you have received notice of this requirement and of the fact that if Bank does not receive final settlement for a transfer for any reason, Bank shall charge back the amount of such transfer to the Transfer To or Transfer From account (as applicable) or any other of your accounts or claim a refund from you.

  • Medical Transfers The District shall give alternate work, when it is available, to a Unit Member who has become medically unable to satisfactorily perform the Unit Member’s regular job classification duties. The alternate work may constitute lateral transfer or voluntary transfer to a lower classification. The District may require a statement from a licensed physician certifying that the Unit Member is medically able to perform the duties of the alternate work.

  • International Transfers (a) Any transfer of data to a third country or an international organisation by the processor shall be done only on the basis of documented instructions from the controller or in order to fulfil a specific requirement under Union or Member State law to which the processor is subject and shall take place in compliance with Chapter V of Regulation (EU) 2016/679 or Regulation (EU) 2018/1725.

  • Lateral Transfers Employees may request to be transferred to a vacant position within their classification in another department and may be transferred pursuant to such request with the written approval of their department head, the involved appointing authority and the Employer's Director of Labor Relations. Such transferred employees shall serve a three (3) month probationary period in the new position. If removed by the appointing authority during the probationary period, the involved employee shall be reassigned to a vacant position within the classification or, if none is available, to their previous position.

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