Examples of Temporary Debit Authorization Hold in a sentence
A Temporary Debit Authorization Hold Affects Your Account Balance - On debit card purchases, merchants may request a temporary hold on your account for a specified sum of money, which may be more than the actual amount of your purchase.
The eighth subsection, titled “A Temporary Debit Authorization Hold Affects Your Account Balance,” was moved from the Withdrawals section.
The content that was moved includes the subsection titled “A Temporary Debit Authorization Hold Affects Your Account Balance,” the subsection titled “Overdrafts,” and the paragraph referring accountholders to the institution’s funds availability policy.
In addition, when calculating your available balance, any "holds" placed on deposits that have not yet cleared are also subtracted from the actual balance.lFor more information on how holds placed on funds in your account can impact your available balance, read the subsection titled "A Temporary Debit Authorization Hold Affects Your Account Balance."l Determining Your Account Balance.
Appellee entered into a home improvement contract (“Contract”) with appellant, a construction company, to renovate her property located at 2200 Brookfield Road, Baltimore, Maryland.