ACH Debit Transactions Clause Samples
ACH Debit Transactions. Cut-off Time. The cut-off time for scheduling ACH transfers is 3:00 pm Central Time. Any transfer scheduled after the cut-off time may be treated as if it were scheduled on the next business day.
ACH Debit Transactions. Cut-off Time - The cut-off time for scheduling next day ACH transfers is 3:00 pm CST. The cut- off time for scheduling same day ACH transfers (if enabled on your Account) is 11:00 am CST. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. Any same day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled as next day ACH transfer. In some circumstances, transactions may be delayed for risk or compliance reasons. At the Bank’s discretion, the amount of funds that can be transferred from your account per day may be limited.