Cut-Off Time. The cut-off time for scheduling a next day ACH transfer is 12 p.m. Pacific Time. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. In some circumstances, transactions may be delayed for risk or compliance reasons.
Appears in 2 contracts
Sources: Commercial Checking Account Agreement, Demand Deposit Account Agreement
Cut-Off Time. The cut-off time for scheduling a next day ACH transfer is 12 4:00 p.m. Pacific Time. Any next day ACH transfer scheduled after the cut-off time will be treated as if it were scheduled on the next business day. In some circumstances, transactions may be delayed for risk or compliance reasons.
Appears in 2 contracts
Sources: Demand Deposit Account Agreement, Demand Deposit Account Agreement