Transfers; Transfer Limitations Clause Samples
The "Transfers; Transfer Limitations" clause defines the rules and restrictions regarding the transfer of rights, interests, or obligations under an agreement. Typically, this clause specifies whether parties are allowed to assign or transfer their contractual rights to third parties, and may require prior written consent or prohibit transfers altogether. For example, it might prevent a party from selling its interest in the contract to another company without approval. The core function of this clause is to maintain control over who is involved in the agreement, thereby protecting the parties from unwanted or unapproved changes in contractual relationships.
Transfers; Transfer Limitations. You can only transfer money into and out of the Savings Account through your primary deposit account. The only way to access money in the Savings Account is to transfer it to your primary deposit account. Once you instruct us to transfer money from your primary deposit account to the Savings Account, that money will be unavailable for you to otherwise spend, withdraw, transfer, or access from your primary deposit account. You can transfer money between your primary deposit account and your Savings Account at any time, up to 20 times per day. Notwithstanding anything to the contrary in this agreement, we reserve the right at any time to require at least seven days’ written notice of an intended transfer of funds from your Savings Account to your primary deposit account.
Transfers; Transfer Limitations. You can only transfer money to and from a Vault through your primary deposit account. You cannot otherwise spend, withdraw, transfer, or access money in a Vault, and you cannot directly transfer money between Vaults. When you want to access money in a Vault, you must first transfer the money to your primary deposit account. Transfers between your primary deposit account and a Vault can be conducted only through the Mobile App; we do not accept transfer instructions over the phone or by any other means. Once you instruct us to transfer money from your primary deposit account to a Vault, that money will be unavailable for you to otherwise spend, withdraw, transfer, or access from your primary deposit account. Although, the Available Balance of your Account does not include money in your Vaults, the money in your Vaults is counted for purposes of the maximum Account balance limit in Section 6 titled “Limits on Your Account”. For security reasons, we may impose limits on the numbers of transfers between your primary deposit account and your Vaults in our sole discretion. Notwithstanding anything to the contrary in this Agreement, for all funds in a Vault, we reserve the right at any time to require at least seven days’ written notice of an intended transfer to your primary deposit account.
Transfers; Transfer Limitations. You can only transfer money into and out of the savings account through the linked primary deposit account. The only way to access money in your High-Yield Savings Account is to transfer it to your primary deposit account. If your primary account is suspended, blocked or closed, your High-Yield Savings Account will also be suspended, blocked or closed. Funds in the savings account may be used by the Bank to cure a negative balance in the primary account. As such, if you have a negative balance in your primary deposit account and you transfer money from your High-Yield Savings Account to your primary deposit account, we will first apply the money you transfer to cover your negative balance. In addition, funds in the High-Yield Savings Account may be used by us to cure a negative balance in your primary deposit account. However, we will not use funds in your High-Yield Savings Account to prevent an overdraft of your primary deposit account. Therefore, if you have opted in to and are eligible for Overdraft Protection, you may incur overdraft fees if you overdraw your primary deposit account even if you have funds in your High-Yield Savings Account. For security reasons, we may impose limits on the numbers of transfers back and forth between your linked accounts in our sole discretion.
Transfers; Transfer Limitations. You can only transfer money to and from your Savings Account through your primary deposit account. You cannot otherwise spend, withdraw, transfer, or access money in your Savings Account. When you want to access money in your Savings Account, you must first transfer the money to your primary deposit account. We do not accept transfer instructions over the phone. Once you instruct us to transfer money from your primary deposit account to your Savings Account, that money will be unavailable for you to otherwise spend, withdraw, transfer, or access from your primary deposit account. You can transfer money between your primary deposit account and your Savings Account at any time, up to 20 times per day. For fraud and security reasons, we may impose additional limits on transfers between your Savings Account and your primary deposit account in our sole discretion. Although the Available Balance of your Account does not include money in your Savings Account, the money in your Savings Account is counted for purposes of the maximum Account balance limit in Section 6 titled “Limits on Your Account”. Notwithstanding anything to the contrary in this Agreement, for all funds in your Savings Account, we reserve the right at any time to require at least seven days’ written notice of an intended transfer to your primary deposit account.
Transfers; Transfer Limitations. You can only transfer money into and out of the savings account through the linked primary deposit account. The only way to access money in your High-Yield Savings Account is to transfer it to your primary deposit account. If your primary account is suspended, blocked or closed, your High-Yield Savings Account will also be suspended, blocked or closed. Funds in the savings account may be used by the Bank to cure a negative balance in the primary account. As such, if you have a negative balance in your primary deposit account and you transfer money from your High-Yield Savings Account to your primary deposit account, we will first apply the money you transfer to cover your negative balance. For security reasons, we may impose limits on the numbers of transfers back and forth between your linked accounts in our sole discretion.
Transfers; Transfer Limitations. The only way to add money to your Savings Vault is by transferring money from your Card account to your Savings Vault, and the only way to access money in your Savings Vault is by transferring money in your Savings Vault to your Card account. You can transfer money between your Card account and your Savings Vault at any
Transfers; Transfer Limitations. The only way to add money to your Savings Vault is by transferring money from your Card account to your Savings Vault, and the only way to access money in your Savings Vault is by transferring money in your Savings Vault to your Card account. You can transfer money between your Card account and your Savings Vault at any time, up to 20 times per day, via the Walmart MoneyCard mobile app. Funds transferred between your Savings Vault and your Card account are generally credited instantly. You can view the current balance in your Savings Vault via the Walmart MoneyCard mobile app. For fraud and security reasons, we may impose additional limits on transfers between your Savings Vault and Card account in our sole discretion.
Transfers; Transfer Limitations. You can only transfer money into and out of the savings account through your Card account. The only way to access money in your High-Yield Savings Account is to transfer money held in your savings account into your Card account by using the app. If your Card account is suspended, blocked or closed, your High-Yield Savings Account will also be suspended, blocked or closed. Funds in the savings account may be used by the Bank to cure a negative balance in your Card account. As such, if you have a negative balance in your Card account and you transfer money from your High-Yield Savings Account to your Card account, we will first apply the money you transfer to cover your negative balance. For security reasons, we may impose limits on the numbers of transfers back and forth between your linked accounts in our sole discretion.
