Holds on Other Funds (Other Accounts Sample Clauses

Holds on Other Funds (Other Accounts. 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. Pending Transactions When you review your account during the day, you may notice that we show some transactions as “pending”. These transactions impact your available balance but have not yet posted to your account and do not guarantee that we will pay these transactions to your account if you have a negative balance at that time. We may still return a transaction unpaid if your balance has insufficient funds during that business day’s nightly processing, even if it had been displayed as a “pending” transaction on a positive balance during the day. If a transaction that you made or authorized does not display as “pending,” you are still responsible for it, and it may still be posted against your account during nightly processing. Internal Preauthorized Payments/Transfers If you have scheduled automatic internal payment/transfer between Wellby accounts/loans and the preauthorized amount for the account transfer is not available on the date of disbursement, we will attempt to process the transaction up to 15 calendar days. If unsuccessful, the agreement will be canceled on the 16th day and resume on the next disbursement date. Transactions Using Our Telephone Banking System You may use our Telephone Banking Services to speak to us to get your account information, transfer funds between your accounts with us, or pay qualifying Wellby loans or credit cards. You must have a PIN to use the Telephone Banking Services. End of Day Transactions Transactions initiated after 10 pm will post immediately with the effective date of the next day. Account Transaction Limitations Federal Regulations pertaining to savings accounts (including savings accounts with check writing privileges and money market accounts) allow no more than six (6) transfers per month to a third party or to another account of the depositor at Wellby by means of preauthorized, automatic, telephone or online transfers (including transfers by personal computer or other data transmission). This limitation does not include withdrawals by mail, messenger, ATM, or in person and transfers to make payments on your loans with us. However, automatic overdraft prot...
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Holds on Other Funds (Other Accounts. 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 Accounts. If we accept for deposit an Item that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately but restrict your ability to withdraw a corresponding amount of funds that you have on deposit in another Account with us for the same amount of time that would apply to the original Item. Mobile Deposit Funds. Checks deposited through mobile deposit are subject to verification before funds will be made available. Once the deposit has been received, you’ll be able to view the pending transaction online or on your Mobile Device. While there may be exceptions, such as the ones set forth above, mobile deposit of checks received by the Cut Off time on a Business Day will usually Post and become part of your Available Balance in your Account on the same or the next Business Day. If we delay the availability of deposited funds, we will notify you through Digital Banking via a secure message.
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Holds on Other Funds (Other Accounts. If you deposit a negotiable instrument that is drawn on another financial institution, we may make those funds available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have in another account with us. The funds in the other account would not be available for withdrawal until the hold period (as described elsewhere in the disclosure) for the type of negotiable instrument that you deposited has expired.
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Holds on Other Funds (Other Accounts. 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. If you have a Line of Credit with Washington Federal, we may alternately reduce your available funds on the Line of Credit to cover the deposit. You may be subject to additional fees as provided in the Consumer Fee Schedule. If you need to be sure when a particular deposit will be available for withdrawal, please ask.
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Holds on Other Funds (Other Accounts. 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. AUTOMATED TELLER MACHINES (ATM) DEPOSITS Funds from any deposits (cash or checks) made at ATMs we do not own or operate will not be available until the fifth business day after the day of your deposit. The rule does not apply at ATMs that we own or operate. All ATMs that we own or operate are identified as our machines and are subject to the Funds Availability Policy.
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Holds on Other Funds (Other Accounts. 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 ability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account will not be available for withdrawal until the time periods that are described elsewhere in this disclosure. Deposits at Automated Teller Machines. It is the policy of Dow Chemical Employees’ Credit Union that the first $200 of any deposit (cash or checks/drafts) made at an automated teller machine (ATM) will be available to you immediately. The remainder of the funds will be available on the following business day after the day of deposit if no additional holds are involved. Funds may not be available until the second business day after the day of deposit or longer (refer to “Longer Delays May Apply”). Checks Drawn on Foreign Banks Checks drawn on non-United States financial institutions are not governed by Regulation CC. Dow Chemical Employees’ Credit Union may not accept all foreign items, so please contact us for additional information. If foreign items are accepted for deposit, they may be sent for collection. Credit will not be given to you until the Credit Union has received credit from the institution the checks are drawn on. You are responsible for paying all fees the Credit Union incurs while processing these collection items. In some circumstances, checks drawn on a non-United States financial institution and payable in U.S. dollars may be accepted for deposit. In situations like this, we reserve the right to extend a hold on the item until we have received credit for the item. Uniform Commercial Code Article 4A
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Holds on Other Funds (Other Accounts. 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. Questions or Comments If you have any questions or comments, you can contact us at: Proponent 000 Xxxxxxxxxx Xxx Nutley, NJ 07110
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Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial procedures. Federally insured by NCUA LENDER EQUAL HOUSING 10% 230 10/16 ELECTRONIC CORRESPONDENCE DISCLOSURE & AGREEMENT You agree to accept these terms and conditions and are electing to receive electronic correspondence from MSU Federal Credit Union (MSUFCU). • You will receive certain MSUFCU correspondence at the email address you provide to us. The correspondence may include, but is not limited to: Account Statement Notices, Visa Statement Notices, IRS Tax Form Notices, and Transaction Notices (non-sufficient funds, Courtesy Pay, and overdraft notices). • MSUFCU will accumulate a 36-month, online archive of account and Visa statements and IRS Tax Forms. • Your consent for electronic IRS Tax Forms applies to every year the statement is furnished or until you cancel your electronic enrollment. • You agree to view any changes in disclosures, election information, or updates to MSUFCU products, services, or fees electronically. • Some correspondence that you receive via email may contain links to the MSUFCU website and ComputerLine for additional information. You will need to use your ComputerLine login credentials to access this information. • While enrolled in electronic correspondence, you will not receive the same correspondence via the U.S. Postal Service. However, you will continue to receive correspondence that is currently not available electronically through the U.S. Postal Service. • You must have a valid email address that we will use to send information using unencrypted email. You will remain enrolled in our electronic service(s) as long as you meet the eligibility requirements, or unless you request otherwise. Consecutive undeliverable email attempts may cause MSUFCU to revoke electronic services until a valid email address is provided. • At any time, you may cancel enrollment for electronic correspondence by visiting an MSUFCU branch, calling 000-000-0000 or toll-free 000-000-0000, or logging into ComputerLine with your account number and password, then changing your preference to paper statements or account notices. If you currently have a Totally Green Checking account, eStatements and eNotices are required and cannot be changed via ComputerLine. You will need to contact MSUFCU directly to be converted to paper statements and Classic Checking. • When you cancel your enrollment in a service(s), we will resume mailing all of your correspondence as elected through the U.S. P...
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Related to Holds on Other Funds (Other Accounts

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • 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.

  • Dividends and Other Distributions On any day occurring after the Trade Date, Counterparty declares a distribution, issue or dividend to existing holders of the Shares of (A) any cash dividend (other than an Extraordinary Dividend) to the extent all cash dividends having an ex-dividend date during the period from, and including, any Forward Price Reduction Date (with the Trade Date being a Forward Price Reduction Date for purposes of this paragraph (ii) only) to, but excluding, the next subsequent Forward Price Reduction Date exceeds, on a per Share basis, the Forward Price Reduction Amount set forth opposite the first date of any such period on Schedule I, (B) any Extraordinary Dividend, (C) any share capital or other securities of another issuer acquired or owned (directly or indirectly) by Counterparty as a result of a spin-off or other similar transaction or (D) any other type of securities (other than Shares), rights or warrants or other assets, in any case for payment (cash or other consideration) at less than the prevailing market price, as determined in a commercially reasonable manner by Dealer; “Extraordinary Dividend” means any dividend or distribution (that is not an ordinary cash dividend) declared by the Issuer with respect to the Shares that, in the commercially reasonable determination of Dealer, is (1) a dividend or distribution declared on the Shares at a time at which the Issuer has not previously declared or paid dividends or distributions on such Shares for the prior four quarterly periods, (2) a payment or distribution by the Issuer to holders of Shares that the Issuer announces will be an “extraordinary” or “special” dividend or distribution, (3) a payment by the Issuer to holders of Shares out of the Issuer’s capital and surplus or (4) any other “special” dividend or distribution on the Shares that is, by its terms or declared intent, outside the normal course of operations or normal dividend policies or practices of the Issuer;

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