Common use of Deposits to the Account Clause in Contracts

Deposits to the Account. Make deposits to the Account using any of these methods: Transaction Type Frequency and/or Dollar Limits Direct deposit or ACH transfer initiated from an external financial institution* No limit to the number of transactions per day. No maximum dollar limits. Cash transfers† via Green Dot® 3 times per calendar day; maximum of $1,000.00 per deposit, and a maximum of $1,000.00 per calendar day; maximum of $10,000.00 per calendar month Wire transfer No limit to the number of transactions per day. No maximum dollar limits. Mobile Deposit Transfers See section captioned “Mobile Remote Deposit Capture.” for limits and feature details. †Third-party money transfer services used to deposit funds to the Account may impose their own fees, per transaction, daily, weekly or monthly limits on the frequency or amount of cash you may transfer to the Account. *Direct deposits or ACH transfers: The payee name on any direct deposit(s) or ACH Credit(s) we receive must match the business name on the Account. Any such deposits received in a name other than the name registered to the Account will be returned to the originator.

Appears in 4 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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