Debit Card and Automatic Deposits to and Payments from Your Securities Account Sample Clauses
Debit Card and Automatic Deposits to and Payments from Your Securities Account. Unless a higher limit is authorized for all other Transac- tions, there is a $25,000 Card Transaction limit per day for the Stifel|Advantage account and a $5,000 Card Transaction limit per day for the Stifel Prestige® Account. ATM Withdrawals, ▇▇▇▇ Advances, Purchases, and Autho- rizations all count against these Card Transaction limits. In addition, there is a single Cash Advance Transaction limit and daily Cash Advance Transaction limit of $25,000 for the Stifel|Advantage account and $5,000 for the Stifel Prestige® Account per Banking Day.
Debit Card and Automatic Deposits to and Payments from Your Securities Account. 1. Debit Card – General.
Debit Card and Automatic Deposits to and Payments from Your Securities Account. You hereby authorize Stifel to make this deduction, as if you had con- tacted Stifel directly with such request on each and every occasion. No payment or Transfer that would exceed the combined value of your Free Credit Balance, Fund shares, and Margin Line of Credit will be made. Interest will be charged by Stifel on any margin loans at the same rate as Stifel charges generally for securities margin loans. This payment order of priority system provides for an efficient use of funds, since you will not incur the cost of a margin loan until all available Free Credit Balance and funds invested in Fund shares are fully used.
Debit Card and Automatic Deposits to and Payments from Your Securities Account