Common use of Transfer Types and Limitations Clause in Contracts

Transfer Types and Limitations. The only kinds of transfers permitted on the Secured Account are (1) the deposit of funds from your Linked Bank Account to the Secured Account as described in the “Transfers To Or From The Secured Account” section above; (2) the transfer of funds from the Secured Account to your Card Account in accordance with the Cardholder Agreement; and (3) the return of funds from the Secured Account to your Linked Bank Account as described in the “Transfers To Or From The Secured Account” and the “Closing The Secured Account” sections above (collectively, “Transfers”).

Transfer Types and Limitations. The only kinds of transfers permitted on the Transfers that may be made to your Secured Account are (1) the deposit those defined in Section 13, “Deposits to Your Secured Account.” The kinds of funds Transfers that may be made from your Linked Bank Account to the Secured Account as described in the “are those Transfers To Or From The Secured Account” section above; (2) the transfer of funds that occur when making payments to your Credit Builder Pocket or initiating an ACH transaction from the Secured Account to your Card Account in accordance with the Cardholder Agreement; and (3) the return of move funds from the Secured Account to your Linked Bank Account as described another financial institution in the case of a withdrawal. See “Transfers To Or Withdrawals and Payments From The Your Secured Account” and the “Closing The for limitations on withdrawing funds or making payments from your Secured Account” sections above (collectively, “Transfers”).