Holds on Other Funds (Other Account Sample Clauses

Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.
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Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another Account with us. The funds in the other Account would then not be available for withdrawal until the end of the time periods that are described elsewhere in this Part I for the type of check that you deposited. Deposits Larger Than $5,525 Oriental Bank can delay the availability of any amount exceeding $5,525. If the sum of all deposits made on one day exceed $5,525, the first $5,525 will be available according to the table above. Any excess over $5,525 will be available as detailed herein: • Checks with next Business Day availability: funds will be available on the first Business Day after the day of deposit. • PR checks route and transit 0215 / 2215 and USVI checks route and transit 0216 / 2216: funds will be available on the second (2nd) Business Day after the day of deposit. • Other checks (not detailed above): funds will be available on the third (3rd) Business Day after the day of deposit. These rules do not apply to cash deposits, electronic transfers, direct deposit payments and checks drawn on an Oriental Bank account.
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Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another Account with us. The funds in the other Account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited. XXXXXX FEDERAL CREDIT UNION 0000 0XX XXXXXX DOWNEY, CA 90241 000-000-0000 XXXXXXXXX.XXX
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Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods described elsewhere in this Agreement for the type of check that you deposited. All Other Deposit Accounts (Savings and Certificates of Deposit): If your deposit is made to or cashed against an account that is not a checking account, the funds will generally be available as follows: UNDER $100 Deposit: Second business day after the day of your deposit OVER $100 and on New Accounts: Up to the seventh business day after the day of your deposit If you need to be sure when a particular deposit will be made available for withdrawal, please ask us. Customer Responsibility: Although funds have been made available to you and you have withdrawn them, you are still responsible for problems with the deposit, such as checks deposited being returned unpaid. You represent and warrant to us that all endorsements on any check (including checks payable to a third party) you cash or deposit are genuine and complete and that the check has not been altered or forged in any way. When checks are disputed or returned to us for these or other reasons, we may deduct the amount of the disputed/returned check from any of your accounts with the Bank (see also the "General Deposit Rules" section).
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Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another financial institution, we may add the value of the deposited check to the Available Balance immediately, but reduce the Available Balance of another account you own by a corresponding amount. The reduction in the Available Balance in the second account would be reversed when the time-period, described in this policy under “Check Cashing” (above), has lapsed. Foreign Checks: Checks drawn on financial institutions located outside the U.S. (foreign checks) cannot be processed the same as checks drawn on U.S. financial institutions. Foreign checks are exempt from the policies outlined in this disclosure. Generally, the availability of funds from the deposit of a foreign check will be delayed based upon the time it takes us to collect the funds from the financial institution upon which the foreign check is drawn.
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Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us . The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited . – THIS PAGE INTENTIONALLY LEFT BLANK – Other Deposit Account Inquiries 888 .494 .4599 For branch locations, please visit our website: XxxxxxxxXxxxxxXxxxxxxx.xxxx LENDER
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Holds on Other Funds (Other Account. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited. Longer Delays May Apply - In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of your deposit. The first $200 of your deposits, however, may be available on the first business day. If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances: •We believe a check you deposit will not be paid. •You deposit checks totaling more than $5,000 on any one day. •You redeposit a check that has been returned unpaid. •You have overdrawn your account repeatedly in the last six months. •There is an emergency, such as failure of computer or communications equipment. We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh business day after the day of your deposit. Xxxxx Credit Union reserves the right to refuse an item for deposit or cash if, in the opinion of Xxxxx Credit Union, there is reason to doubt that the item is collectable. Xxxxx Credit Union further reserves the right to charge back an item which is returned unpaid by the financial institution on which it is drawn, or other rights provided by law. Special Rules for New Accounts - If you are a new member, the following special rules will apply during the first ...
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Related to Holds on Other Funds (Other Account

  • Holds on Other Funds If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it. If we accept for deposit a check that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.

  • Other Accounts On the date of withdrawal of any Deposit, the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall be entitled to re-deposit with the Depositary any portion thereof and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on June 15, 2000 (as such date may be extended from time to time to the fifteenth day after the Delivery Period Termination Date) and bear interest as provided in Section 2.2. The Depositary shall promptly give notice to the Escrow Agent of the account number assigned to any such re-deposit.

  • Other Funds Federated Absolute Return Fund Federated Emerging Markets Debt Fund Federated Global Strategic Value Dividend Fund Federated Global Total Return Bond Fund Federated International Bond Strategy Portfolio Federated International Dividend Strategy Portfolio Federated International Leaders Fund Federated International Small-Mid Company Fund Federated International Strategic Value Dividend Fund Federated MDT Large Cap Value Fund Federated MDT Large Cap Value Fund * Federated Muni and Stock Advantage Fund *a portfolio of Federated MDT Equity Trust which became effective August 31, 2017. NINTH AMENDMENT TO FUND ACCOUNTING AGREEMENT THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (“Amendment”) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a “Fund”), and The Bank of New York Mellon (“Bank”).

  • Dividends on Escrow Securities You may receive a dividend or other distribution on your escrow securities, and elect the manner of payment from the standard options offered by the Issuer. If the Escrow Agent receives a dividend or other distribution on your escrow securities, other than additional escrow securities, the Escrow Agent will pay the dividend or other distribution to you on receipt.

  • Investment of Account Assets a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. or, if available, any other series of Provident Trust Mutual Funds, Inc. or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • Exempt Beneficial Owners other than Funds The following Entities shall be treated as Non-Reporting Finnish Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

  • Counterpart Funds 6. The Borrower shall ensure that the Counterpart Funds are used to finance the local currency costs relating to the implementation of the Program and other activities consistent with the objectives of the Program and shall provide the necessary budget appropriations to finance the structural adjustment costs relating to the implementation of reforms under the Program. Schedule 5 Program Performance Monitoring and Review

  • Effect on Other Entitlements F12.13 Compassionate leave with pay will count as service for all purposes.

  • Suspense Account The Security Trustee and any Creditor Party may, for the purpose of claiming or proving in a bankruptcy of a Borrower or any other Security Party, place any sum received or recovered under or by virtue of this Guarantee or any Security Interest connected with it on a separate suspense or other nominal account without applying it in satisfaction of the Borrowers’ obligations under the Loan Agreement or the Master Agreements.

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