Common use of Transfer Limits Clause in Contracts

Transfer Limits. We reserve the right to impose limits on the dollar amount(s) and/or number of items that you transmit using the External Transfer Service and to modify such limits in our sole discretion. If you attempt to initiate a transfer in excess of these limits, we may reject your transfer. If we permit you to make a transfer in excess of these limits, such transfer will still be subject to the terms of this Agreement, and we will not be obligated to allow such a transfer at other times. The current daily dollar limit is $2,000.00 on each Business Day with an aggregate dollar limit of $5,000.00 per calendar month. The current daily item limit is three (3) transfers and the aggregate items per month limit is twelve (12).

Appears in 6 contracts

Samples: Ebanking Disclosure Statement and Agreement, Ebanking Disclosure Statement and Agreement, Ebanking Disclosure Statement and Agreement

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