Common use of Debit-card clearing Clause in Contracts

Debit-card clearing. Debit-card Transactions may clear the Account differently than checks and traditional ATM card transactions. Because these transactions clear differently, the Card Holder should take care to keep an accurate register and monitor the Account‟s balance for pending transactions and cleared transactions in order to avoid unwanted fees and other items being returned.

Debit-card clearing. Debit-card Transactions may clear the Account differently than checks and traditional ATM card transactions. Because these transactions clear differently, the Card Holder should take care to keep an accurate register and monitor the Account‟s Account’s balance for pending transactions and cleared transactions in order to avoid unwanted fees and other items being returned.