Outbound Transfer definition

Outbound Transfer moves funds from your Credit Union account to an FT Account. You will need to register each of your FT accounts that you wish to use for these transfers. You agree that you will only register accounts for which you have the authority to transfer funds.

Outbound Transfer means a Transfer from your Account at Great Southern Bank to an External Account.

Outbound Transfer moves funds from an account at First South Financial Credit Union to an account outside First South Financial Credit Union. You will need to register each of your non-First South Financial Credit Union accounts that you wish to use for these transfers. You agree that you will only attempt to register accounts for which you have the authority to transfer funds. First South Financial Credit Union will post Inbound Transfers to your account on the "Deliver By" date. For Outbound Transfers, your funds will be debited on the Business Day following the "Send On" date and arrive at your external financial institution on the "Deliver By" date. Your specific transaction time may vary from this and we do not guarantee any specific turnaround time for transfers. Consult your external financial institution for details on when funds will post to your account. Inbound Transfers may not be available until the fourth Business Day after the “Delivery By” date. For transfers into First South Financial Credit Union accounts, the funds will become available in accordance with the terms of your Account Agreement.

Examples of Outbound Transfer in a sentence

• We do not guarantee the identity or value received by a recipient of an Outbound Transfer.

• Daily Outbound Transfer Limits: The maximum total dollar amount for web initiated transfers from UMCU to other financial institutions is $2,500.00 per account, per day.

• In addition, we may delay or suspend the processing of an Outbound Transfer for security and fraud purposes and as otherwise specified in this agreement.

• We will assess you a Bank to Bank Transfer Fee of $3.00 for each Outbound Transfer that you initiate through the Bank to Bank Transfer Service.

• We will remove the money that you have designated to be transferred from your account when you submit the Outbound Transfer to us.

• You agree that you will have sufficient available money in your account to cover the amount of any Outbound Transfer that you request, including any applicable fees.

• The financial institution that holds your bank account may take additional time to deposit the funds from an Outbound Transfer in your bank account.

• The minimum amount of any single Inbound or Outbound Transfer is $1, and the maximum amount of any single Outbound Transfer is $3,000.

• An Outbound Transfer moves funds from an account with us to an account outside United Federal Credit Union.

• Inbound Transfer – Next Business Day Inbound Transfer – 3 Business Days Outbound Transfer – Next Business Day Outbound Transfer – 3 Business Days Daily/Monthly Limits $2,000/$5,000 $5,000/$10,000 $2,000/$5,000 $5,000/$10,000 Requirements No overdrafts or NSF items in Eligible Account during prior 3 months.

More Definitions of Outbound Transfer

Outbound Transfer means an electronic transfer of funds from your account at United Federal Credit Union to an External Account.

Outbound Transfer means a Transfer from your Account at OMB to an External Account. • "Pay from Account" means the account from which funds will be sent.

Outbound Transfer moves funds from an account at Firefly Credit Union to an account outside Firefly Credit Union. You will need to register each of your non-Firefly Credit Union accounts that you wish to use for these transfers. You agree that you will only attempt to register accounts for which you have the authority to transfer funds. Firefly Credit Union will post Inbound Transfers to your account on the "Deliver By" date. For Outbound Transfers, your funds will be debited on the Business Day following the "Send On" date and arrive at your external financial institution on the "Deliver By" date. Consult your external financial institution for details on when funds will post to your account. For transfers into a Firefly Credit Union account, the funds may not be available until the third Business Day after the "Deliver By" date. For transfers into Firefly Credit Union accounts, the funds will become available in accordance with the terms of your Account Agreement.