General Funds Availability Policy Sample Clauses

General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same business day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 5:30 pm on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 5:30 pm or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
AutoNDA by SimpleDocs
General Funds Availability Policy. Information contained in this section is provided to assist you in understanding our Funds Availability Policy. Our policy is to make funds from your cash, check, and electronic deposits available to you on the first business day after we receive your deposit. See the Availability section below for details about when you can use the funds from different types of deposits.
General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written, electronic drafts, or other demands for payment. For check deposits, other than government checks, made at a shared branch facility of ours we will place a two business day hold on the funds from such deposits. For determining the availability of your deposits, every day is a business day, except, Sundays and federal holidays. If you make a deposit before the close of business on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after the close of business or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same business day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written. For check deposits, other than government checks, made at a shared branch facility, we may place a two business day hold on the funds. For determining the availability of your deposits, every day is a business day, except Sundays and federal holidays.
General Funds Availability Policy. Information contained in this section is provided to assist you in understanding the Bank’s Funds Availability Policy. All deposits into accounts opened through the Bank are processed at a Bank processing facility. Bank makes funds available according to the type of deposit and when the funds are applied or credited to your Account. Some types of deposits may not be available for immediate use. When Bank delays the availability of funds or place a hold on a deposit made to your Account, you may not withdraw those funds, and Bank will not use them to pay any debits, such as ACH transfers or payments, check payments or, if available, transactions using your Debit Card during the hold period. Bank has the right to refuse any deposit. If final payment is not received on any item you have deposited into your Account, or if any direct deposit, ACH transfer credit is returned to Bank for any reason, you agree to pay Bank the amount of the returned item. Policy is to make funds from your check deposits available to you on the same business day as the day Bank receives your deposit. Once the funds are available, you can withdraw them in cash and/or Bank will use them to pay items presented for payment against your account. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit a before 4:00 PM Central Time on a business day that Bank is open, Bank will consider that day to be the day of your deposit. However, if you make a deposit after 4:00 PM CT or on a day Bank is not open, Bank will consider that the deposit was made on the next business day Bank is open.
General Funds Availability Policy. Information contained in this Section is provided to assist you in understanding Bank's Funds Availability Policy. All transfers are completed electronically. You will have immediate availability to your funds once they are transferred from the Goal Account to your Existing Account or from the Existing Account to the Goal Account unless notified otherwise by Bank.
General Funds Availability Policy. Information contained in this section is provided to assist you in understanding our Funds Availability Policy. We make funds available according to the type of deposit and when the funds are applied, or credited to the Varo Bank Account. Some types of deposits may not be available for immediate use. When we delay the availability of funds or place a hold on a deposit made to the Varo Bank Account, you may not withdraw those funds, and we will not use them to pay any debits, such as ACH transfers or payments, Bill Pay transactions or transactions using your Card during the hold period. We have the right to refuse any deposit. If final payment is not received on any item you have deposited into the Varo Bank Account, or if any direct deposit, ACH transfer credit is returned to us for any reason, you agree to pay us the amount of the returned item.
AutoNDA by SimpleDocs
General Funds Availability Policy. Information contained in this section is provided to assist you in understanding our Funds Availability Policy. We make funds available according to the type of deposit and when the funds are applied, or credited to the Savings Account. Some types of deposits may not be available for immediate use. When we delay the availability of funds or place a hold on a deposit made to the Savings Account, you may not withdraw those funds, and we will not use them to pay any debits, such as ACH transfers or payments. We have the right to refuse any deposit. If final payment is not received on any item you have deposited into the Savings Account, or if any direct deposit, ACH transfer credit is returned to us for any reason, you agree to pay us the amount of the returned item.
General Funds Availability Policy. Information contained in this section is provided to assist you in understanding our Funds Availability Policy. All deposits into accounts opened through the Bank are processed at a Bank processing facility. We make funds available according to the type of deposit and when the funds are applied or credited to the Varo Bank Account. Some types of deposits may not be available for immediate use. When we delay the availability of funds or place a hold on a deposit made to the Varo Bank Account, you may not withdraw those funds, and we will not use them to pay any debits, such as ACH transfers or payments, Varo to Varo Transfers, Bill Pay transactions or transactions using your Card during the hold period. We have the right to refuse any deposit. If final payment is not received on any item you have deposited into the Varo Bank Account, or if any direct deposit, ACH transfer credit is returned to us for any reason, you agree to pay us the amount of the returned item.
General Funds Availability Policy. Information contained in this Section is provided to assist you in understanding Bank’s Funds Availability Policy. All deposits into accounts opened through the Bank are processed at a Bank processing facility. Bank makes funds available according to the type of deposit and when the funds are applied or credited to your Account. Some types of deposits may not be available for immediate use. When Bank delays the availability of funds or place a hold on a deposit made to your Account, you may not withdraw those funds, and Bank will not use them to pay any debits, such as ACH transfers or payments, check payments or, if available, transactions using your Debit Card during the hold period. Bank has the right to refuse any deposit. If final payment is not received on any item you have deposited into your Account, or if any direct deposit, ACH transfer credit is returned to Bank for any reason, you agree to pay Bank the amount of the returned item.
Time is Money Join Law Insider Premium to draft better contracts faster.