Excess Transactions Clause Samples
Excess Transactions. In accordance with federal law, if you have more than the allowable preauthorized transfers or preauthorized checks or drafts (for money market accounts) in any one period, your Account may be subject to closure by us and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the account. In addition to the above preauthorized transfers, you may make unlimited withdrawals (payments directly to you or transfers of funds from your Account to any of your other deposit accounts or loan accounts with us), either in person at our locations, by mail, messenger, telephone (via check mailed to you), or use of an ATM card (if applicable).
Excess Transactions. If you have more than the allowable pre-authorized transfers or pre-authorized checks or drafts (for money market accounts) in any one period, your account will be subject to fees and/or closure by us. In addition to the above described pre-authorized transfers, you may make unlimited withdrawals, either in person at our locations, by mail, or at an ATM. TIME DEPOSITS
Excess Transactions. In accordance with federal law, if you have more than the allowable preauthorized transfers or preauthorized checks or drafts in any one period, your Account may be subject to closure by us and the funds placed in another Account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the Account. In addition to the above preauthorized transfers, you may make “unlimited withdrawals” (defined for purposes of this subsection as payments directly to you or to your loan Accounts with us), either in person at our locations, by mail, messenger, or use of an ATM card, if applicable. You agree to pay any withdrawal and other fees that we may charge in conjunction with such “unlimited withdrawals,” as set forth in our Truth in Savings disclosure. Telephone-initiated withdrawals will only be deemed to fall within the “unlimited withdrawal” category if such withdrawals result in a withdrawal by check payable to an Account Holder. All withdrawals initiated via Frost Online Banking Services are never deemed to be included in the “unlimited withdrawal” category, but are subject to the limitations set forth in subsection (1) above.
Excess Transactions. If you have more than the allowable preauthorized transfers or preauthorized checks or drafts (for a money market deposit account) in any one period, your Account, at our discretion, may be (1) subject to closure by us with any remaining funds sent to you by check, (2) placed in another account that you are eligible to maintain, (3) we may take away the transfer and draft capabilities of the account or (4) we may charge you excessive transaction fees.
Excess Transactions. In accordance with federal law, if you have more than the allowable preauthorized transfers or preauthorized checks or drafts (for money market accounts) in any one period, your Account may be subject to closure by Bank and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the account. In addition to the above preauthorized transfers, you may make unlimited withdrawals (payments directly to you or transfers of funds from your Account to any of your other deposit accounts or loan accounts with Bank), either by mail or telephone (via check mailed to you).
Excess Transactions. It is prohibited to every broker-dealer house or broker that handles an investment account in a discretional manner, or that is in a position to determine the volume and frequency of the securities transactions that are done in an investment account as per the tendency of the client to follow the suggestions of the said broker-dealer house or of the said broker, to carry out transactions that, either in volume or in frequency, are excessive considering the magnitude and the nature of the said investment account, the client’s investment needs and objectives and the pattern of transactions of the investment account, on the basis of the commissions obtained by the broker-dealer house or the broker.
Excess Transactions. If you have more than the allowable pre- authorized transfers or pre-authorized checks or drafts (for money market accounts) in any one period, your Account will be subject to closure by us and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the Account. In addition to the above pre-authorized transfers, you may make unlimited withdrawals (payments directly to you or transfers of funds from your Account to any of your other deposit accounts or loan accounts with us), either in person at our locations, by mail, or use of an ATM card (if applicable).
Excess Transactions. It is prohibited to every broker-dealer house or broker that handles an investment account in a discretional manner, or that is in a position to determine the volume and frequency of the securities transactions that are done in an investment account as per the tendency of the client to follow the suggestions of the said broker-dealer house or of the said broker, to carry out transactions that, either in volume or in frequency, are excessive considering the magnitude and the nature of the said investment account, the client’s investment needs and objectives and the pattern of transactions of the investment account, on the basis of the commissions obtained by the broker-dealer house or the broker.