External Transfer Limits Sample Clauses
The External Transfer Limits clause sets boundaries on the amount or frequency of funds that can be transferred from an account to external parties or institutions. Typically, this clause outlines daily, weekly, or monthly caps on outgoing transfers, and may specify different limits based on the type of account or method of transfer, such as wire or ACH. Its core function is to mitigate the risk of fraud or unauthorized withdrawals, while also helping account holders manage their funds and comply with regulatory requirements.
External Transfer Limits. We reserve the right to impose a limit on the dollar amount of transfers and/or the total number of transfers that may be requested. At this time, the limits are as follows: Daily aggregate $ amount $ 25,000 $ 25,000 Monthly aggregate $ amount $ 100,000 $ 100,000 Daily # transfer limit 5 5 Monthly # transfer limit 15 15 We reserve the right to place a hold on any funds prior to debiting your funding account for the transfer amount. You agree that you will have sufficient available funds in the funding account to cover all outbound transfers on the date scheduled. If the account does not have sufficient available funds at the time of transfer, we may, at our sole discretion, elect to initiate or not to initiate one or more of the transfers. If we do choose to initiate the transfer, it may cause an overdraft in your account, in which case, you will be responsible for the overdraft and any related fees as set forth in the Account Agreement and Disclosures and applicable Fee Schedule(s).
External Transfer Limits. You may originate external transfers to and from your Apple Bank Account subject to the following limits: Limits on the number of transactions per account, per day and per month may also apply.
External Transfer Limits. You may originate withdrawals or deposits through the Service from or to your external Accounts in a standard processing aggregate dollar amount that is limited to $2,500 per transaction, per qualifying account, per day (completed), and $5,000 per calendar month, in aggregate. Limits on the number of transactions per account, per day and per month also apply.
External Transfer Limits. For security purposes, Fourth Capital establishes limits on the amount of funds transfers that can be made during any one day. External Transfers are currently limited to a daily aggregate of $50,000 for External Transfers to and from your Eligible Accounts. We reserve the right to change from time to time the dollar amount of the transfers you are permitted to make using the External Transfer Service. See your Fourth Capital Bank Deposit Agreement for details.