Common use of Types and Limitations on Transfers Clause in Contracts

Types and Limitations on Transfers. When you request that we process a Transfer Instruction you submit using the Bank to Bank Transfers service, we will generally process it within 3 Business Days after the Business Day that we receive the Transfer Instruction, if received prior to 8:40pm. Outbound transactions will be debited immediately and external accounts will generally be credited within the next business day. Inbound transfers will generally be debited either same day or the next business day and credited to your M&T account within 3 business days. Transfer Instructions are subject to a daily and a 30 day limit. Your limits can be FRQILUPHG GXULQJ HQUROOPHQW DQG ZLWKLQ service. For security reasons, we reserve the right to impose limits on the amount(s) that you transmit using Bank to Bank Transfers. Such limits are subject WR FKDQJH ZLWKRXW Q. WRhWenLreFquHes tinDg aWtr an0sfe r, 7the¶V GLVFU maximum amount allowed is calculated using both past and future scheduled transfers, including all activity within the applicable time period, to or from all of your Bank to Bank Eligible Accounts. We may decline to process, or delay processing of, any or all of your Transfer Instructions at any time if we, in our sole discretion, are concerned that the requested transfer may be unauthorized or otherwise improper or inappropriate. In the event we decline to process, or delay processing, any Transfer Instruction: (i) we may, but have no obligation to, notify you via email, and (ii) we shall have no liability to you for any Damages of any kind associated with the declined or delayed Transfer Instruction. We may change the limitations set forth herein at any time by posting new limits on the Website.

Types and Limitations on Transfers. When you request that we process a Transfer Instruction you submit using the Bank to Bank Transfers Transfer service, we will generally process it within 3 Business Days after the Business Day that we receive the Transfer Instruction, if received prior to 8:40pm. Outbound transactions Any Transfer Instruction you submit after 4:00 PM MST on a Business Day or anytime on a non-Business Day will be debited immediately and external accounts will generally be credited within considered received by us on the next business dayBusiness Day. Inbound transfers will generally be debited either same day or the next business day and credited to your M&T account within 3 business days. The maximum aggregate dollar amounts of Transfer Instructions are subject to a daily and a 30 day limit. Your limits can be FRQILUPHG GXULQJ HQUROOPHQW DQG ZLWKLQ service. For security reasons, we reserve will process for you through the right to impose limits on the amount(s) that you transmit using Bank to Bank TransfersTransfer service per Business Day are as follows: Inbound Transfers (transfers to a Bank to Bank Eligible Account at the Bank) No limit. Such Outbound Transfers (transfers from a Bank to Bank Eligible Account at the Bank) $5,000.00 per transaction $10,000.00 daily Each of these separate limits are subject WR FKDQJH ZLWKRXW Q. WRhWenLreFquHes tinDg aWtr an0sfe r, 7the¶V GLVFU maximum amount allowed is calculated using both past and future scheduled transfers, including all activity within applies to the applicable time period, aggregate of each type of transfer to or from all of your Bank to Bank Eligible AccountsAccounts associated with your Bank Online Banking account. We may decline to process, or delay processing of, any or all of your Transfer Instructions at any time if we, in our sole discretion, are concerned that the requested transfer may be unauthorized or otherwise improper or inappropriate. In the event we decline to process, or delay processing, any Transfer Instruction: (i) we may, but have no obligation to, notify you via emailemail or other electronic means, and (ii) we shall have no liability to you for any Damages of any kind associated with the declined or delayed Transfer Instruction. We may change the limitations set forth herein at any time by posting new limits on the Online Banking Website. Federal regulations limit the number of electronic fund transfers from money market deposit and savings accounts. Each transfer from a savings or money market account at the Bank using Bank to Bank Transfer service is counted as one of the limited transfers you are permitted for each calendar month.