External Transfer Limitations Clause Samples
External Transfer Limitations a) Some of these services may not be available at all times. We may from time to time make available additional or new features to the External Transfer Service, including but not limited to, a next day service and a higher limit service. You will be approved or declined for any such additional service at our sole discretion and additional terms and conditions may apply. Please ensure that you have sufficient funds to affect any funds transfers from your Eligible Accounts. We may at any time decline to effect any funds transfer that we believe may violate applicable law.
External Transfer Limitations. Fund transfers from your accounts at other financial institutions are subject to the following limits: $1,000 per transaction, $1,000 per business day, and $5,000 per calendar month. These transfers are also limited to a maximum of 2 transactions per business day and 20 transactions during any calendar month. Fund transfers to your accounts at other financial institutions are subject to the following limits: $3,000 per transaction, $3,000 per business day, $10,000 per calendar month. These transfers are also limited to a maximum of 2 transactions per business day and 20 transactions during any calendar month. These limits may be modified at the customer’s request and the Bank’s discretion. Any scheduled transfers in excess of the limits will not be processed and will be cancelled. Although American Business Bank does not charge fees for this service at this time, we can't control the fees charged by your other financial institution.