Funds Availability Policy definition

Funds Availability Policy means a policy kept at the discretion of the Bank and includes a variety of factors relating to the availability of funds in an Account. While the availability of funds shall always remain subject to the Bank’s unencumbered and sole discretion, it is informed by those various legal and financial risks particular to your Account. For further detail on how this policy may affect your Account, please inquire directly with Bank management.
Funds Availability Policy means the Funds Availability Policy set forth below.
Funds Availability Policy means a policy kept at the discretion of the Bank and includes a variety offactors relating to the availability of funds in an Account. While the availability of funds shall always remain subject to the Bank’s unencumbered and sole discretion, it is informed by those various legal andfinancial risks particular to your Account. For further detail on how this policy may affect your Account,please inquire directly with Bank management.

Examples of Funds Availability Policy in a sentence

  • Subject to Our Funds Availability Policy, You may not be able to withdraw funds from Your Account until We have received final settlement for any items deposited.

  • The availability of funds in your account may be delayed as described in our Funds Availability Policy Disclosure.

  • See Our Funds Availability Policy Disclosure for Our policy regarding the availability of Your deposits.

  • The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement.

  • The length of delay varies depending on the type and manner of deposit.For determining the availability of funds deposited to your Accounts, for purposes of the Funds Availability Policy, every day is a business day, except Saturdays, Sundays, and federal holidays.

  • Also, the availability of funds for transfer or withdrawal may be limited due to the processing time for any ATM deposit transactions and our Funds Availability Policy.

  • The Funds Availability Policy Disclosure provided to you reflects our policies relating to the availability of deposited funds.

  • Also, the availability of funds for transfer or withdrawal may be limited due to the processing time for ATM transactions and our Funds Availability Policy.

  • Availability of funds for transfer or withdrawal may be limited due to the processing time required for ATM deposit transactions and our Funds Availability Policy.

  • You should review our Funds Availability Policy to determine the availability of the funds deposited at ATMs. We reserve the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account.


More Definitions of Funds Availability Policy

Funds Availability Policy means the funds availability policy set out in Part III: Your Ability to Withdraw Funds. “NACHA” means the National Automated Clearing House Association.
Funds Availability Policy means your ability to withdraw funds as disclosed in the Funds Availability Disclosure (Part III of this Disclosure).
Funds Availability Policy section of the Credit Union's “About Your Credit Union Accounts” booklet, which applies to Services provided under this Agreement and Disclosure. You can go to the Credit Union website; xxx.xxxxxxxxxxxxxxxxxxx.xxx. You can contact the Credit Union during regular business hours by emailing xxxxxxxxxx@xxxxxxxxxxx.xxx, or by calling (800) 000- 0000.
Funds Availability Policy. Our policy that governs the time between when you make a deposit and when you may use the funds as described in the section entitled Funds Availability Disclosure.
Funds Availability Policy means the general funds availability policy set forth in Section 6(d).
Funds Availability Policy refers to our Funds Availability Policy. An electronic copy of the policy is available athttps://xxx.xxxxxxxxxxxxxxxxxxxxxx.xxx/xxxxxxxxxxx/.

Related to Funds Availability Policy

  • Availability Period means the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant to Section 2.06, and (c) the date of termination of the commitment of each Lender to make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02.