Common use of Transfers to Credit Accounts Clause in Contracts

Transfers to Credit Accounts. Funds transferred as a payment to a line of credit, installment loan or mortgage account before 9:00 p.m. CT will be credited with the date the payment is submitted. Transfer payments submitted after 9:00 p.m. CT will be credited with the next day's date. Updates to account balances, funds availability, and transaction posting may take up to two (2) bank business days.