External Transfer Service Eligibility and Use Sample Clauses

External Transfer Service Eligibility and Use.  You must be enrolled in Online Banking to use the External Transfers Service.  Within Online Banking, you have the option of participating in the External Transfers Service which allows you to transfer funds between your linked personal deposit accounts at 1st Capital Bank and certain deposit or investment accounts owned by you or someone else at other financial institutions using an account number and financial institution identifier. An inbound transfer moves funds into an account you own at 1st Capital Bank from an account you own outside 1st Capital Bank. An outbound transfer moves funds from an account you own at 1st Capital Bank to an account outside 1st Capital Bank that is owned by you or someone else.  You will need to provide certain identifying information about each non-1st Capital Bank account in order to register that account for this service. For inbound transfers, you agree that you will only attempt to register non-1st Capital Bank personal accounts that you own or for which you have the authority to transfer funds. Delivery speeds for domestic (U.S.) transfers are 3-Business-Day or Next-Business-Day transfers.  Types of domestic (U.S.) outbound transfers: o Three-Business-Day transfers: Funds will be debited from your 1st Capital Bank account on the business day you direct us to initiate processing of the transfer, and typically will be credited to the receiving account on the third business day after the transfer is initiated. o Next-Business-Day transfers: Funds will be debited from your 1st Capital Bank account on the business day you direct us to initiate processing of the transfer, and typically will be credited to the receiving account on the next business day after the transfer is initiated.  Types of domestic (U.S.) inbound transfers: o Three-Business-Day transfers: Funds typically will be debited from your account outside 1st Capital Bank on the business day or next business day after you direct us to initiate processing of the transfer, and will be credited to your 1st Capital Bank personal account on the third business day after the transfer is initiated. o Next-Business-Day transfers: Funds typically will be debited from your account outside 1st Capital Bank on the business day or next business day after you direct us to initiate processing of the transfer, and will be credited to your 1st Capital Bank personal account on the next business day after the transfer is initiated.  Some of the above services may not be avail...
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