Common use of Sub-Accounting Clause in Contracts

Sub-Accounting. If you have a Salem Five checking account, your account may be structured on the books of the Bank into two sub-accounts, a transaction sub-account and a savings sub-account. This process will not, Check Verification: You authorize us to disclose information about funds availability to individuals and firms who represent to us that they have received a check from you in a particular amount. In such a situation, we will tell the caller whether a check in that amount would clear at that time.

Appears in 4 contracts

Samples: Consumer Banking Services Agreement, Consumer Banking Services Agreement, Consumer Banking Services Agreement

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Sub-Accounting. If you have a Salem Five checking account, your account may be structured on the books of the Bank into two sub-accounts, a transaction sub-account and a savings sub-account. The Bank may periodically transfer funds between these two sub-accounts. This process will not, Check Verification: You authorize us however, affect your available balance, access to disclose information about funds availability to individuals and firms who represent to us that they have received a check from you in a particular amount. In such a situationyour funds, we will tell the caller whether a check in that amount would clear at that timeyour interest earnings (if any), your periodic statement, or any other feature or term of your overall account.

Appears in 2 contracts

Samples: Business Banking Services Agreement, Business Banking Services Agreement

Sub-Accounting. If you have a Salem Five checking account, your account may be structured on the books of the Bank into two sub-accounts, a transaction sub-sub- account and a savings sub-account. The Bank may periodically transfer funds between these two sub-accounts. This process will not, Check Verification: You authorize us however, affect your available balance, access to disclose information about funds availability to individuals and firms who represent to us that they have received a check from you in a particular amount. In such a situation, we will tell the caller whether a check in that amount would clear at that time.your funds,

Appears in 1 contract

Samples: Consumer Banking Services Agreement

Sub-Accounting. If you have a Salem Five checking account, your account may be structured on the books of the Bank into two sub-accounts, a transaction sub-account and a savings sub-sub- account. This process will not, Check Verification: You authorize us however, affect your available balance, access to disclose information about funds availability to individuals your funds, your interest earnings (if any), your periodic statement, or any other feature or term of your overall account. Your account remains 100% insured by a com- bination of FDIC and firms who represent to us that they have received a check from you in a particular amount. In such a situation, we will tell the caller whether a check in that amount would clear at that timeDIF insurance.

Appears in 1 contract

Samples: Consumer Banking Services Agreement

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Sub-Accounting. If you have a Salem Five checking account, your account may be structured on the books of the Bank into two sub-accounts, a transaction sub-sub- account and a savings sub-account. This process will not, Check Verification: You authorize us however, affect your available balance, access to disclose information about funds availability to individuals your funds, your interest earnings (if any), your periodic statement, or any other feature or term of your overall account. Your account remains 100% insured by a combination of FDIC and firms who represent to us that they have received a check from you in a particular amount. In such a situation, we will tell the caller whether a check in that amount would clear at that timeDIF insurance.

Appears in 1 contract

Samples: Consumer Banking Services Agreement

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