Common use of Limits on Money Market Savings Account Withdrawals Clause in Contracts

Limits on Money Market Savings Account Withdrawals. Withdrawals or transfers out of your money market savings account are limited by federal law. During any monthly statement period, you may make no more than six (6) withdrawals or transfers (e.g., check, ACH, telephone, Internet) out of these accounts. However, this limit does not apply to withdrawals or transfers made in person or through ATMs, mail (by a check payable and mailed to you), or messenger. We are required by law to ensure that you comply with this limit. If you exceed this limit after we have notified you of a violation, we will change your account to one we choose that does not limit withdrawals, and it may be an account that pays less or no interest.

Limits on Money Market Savings Account Withdrawals. Withdrawals or transfers out of your money market savings account are limited by federal law. During any monthly statement monthlystatement period, you may make no more than six (6) withdrawals or transfers (e.g., check, ACH, telephone, Internet) out of these accounts. However, this limit does not apply to withdrawals or withdrawalsor transfers made in person or inpersonor through ATMs, mail (by a check payable and mailed to you), or messenger. We are required by law to ensure that you comply with this limit. If you exceed this limit after we have notified you of a violation, we will change your account to one we choose that does not limit withdrawals, and it may be an account that pays less or no interest.

Limits on Money Market Savings Account Withdrawals. ‌ Withdrawals or transfers out of your money market savings account are limited by federal law. During any monthly statement period, you may make no more than six (6) withdrawals or transfers (e.g., check, ACH, telephone, Internet) out of these accounts. However, this limit does not apply to withdrawals or transfers made in person or through ATMs, mail (by a check payable and mailed to you), or messenger. We are required by law to ensure that you comply with this limit. If you exceed this limit after we have notified you of a violation, we will change your account to one we choose that does not limit withdrawals, and it may be an account that pays less or no interest.