Xxxxx on the Availability of Funds for Longer Periods. 1. The Bank may delay the availability of funds from check deposits for a longer period of time under the following circumstances: a. If the Bank believes that a check You deposit will not be paid. b. If there is an emergency, such as failure of the Bank’s communication or computer equipment, or bad weather conditions (such as a hurricane or an earthquake) 2. The Bank will notify You if your availability to withdraw funds will be delayed for any of the foregoing reasons, and You will also be informed as to when the funds will be available. The funds will be available not later than the seventh (7th) business day following the day of the deposit.
Appears in 4 contracts
Samples: Commercial Deposit Accounts Agreement, Deposit Accounts Agreement, Commercial Deposit Accounts Agreement
