Funds Transfer. Funds transfer is the allocation of funds from one Account to another Account. You assume responsibility for verifying availability of funds at the time of transfer request. You are solely responsible for setting the Funds Transfer limits/levels. Uncollected funds may be accessed for funds transfer and check clearing, subject to DMB approval and applicable fees.
Appears in 4 contracts
Samples: Agreement and Disclosures, Banking and Cash Management Agreement and Disclosures, www.deforestbank.com