Minimum and Maximum Transfer Amounts Clause Samples
The Minimum and Maximum Transfer Amounts clause sets the lower and upper limits for the value of assets or payments that can be transferred between parties under an agreement. In practice, this means that any transfer must be at least the minimum specified amount, and cannot exceed the maximum, ensuring that small, inefficient transfers are avoided and that large, potentially risky transfers are controlled. This clause helps manage operational efficiency and risk by preventing the processing of trivial or excessively large transactions.
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Minimum and Maximum Transfer Amounts. The minimum amount of any single Inbound Transfer is $1, and the maximum amount of any single Inbound Transfer is up to $100 for your first Inbound Transfer, and up to $1,000 per day for each subsequent Inbound Transfer. A rolling 30-day aggregate limit of transfers up to $3,000 also applies. The minimum and maximum amounts are subject to change. You may be eligible for a higher maximum aggregate transfer amount; if you are, we will disclose the higher limit at the time you use the service. We will notify you as required by law if these limits decrease, but we may change these limits below the amounts stated above or cancel your transfers without prior notice as described below in “Suspension and Reinstatement of Bank Transfer Service.”
Minimum and Maximum Transfer Amounts. The minimum amount of any single Inbound or Outbound Transfer is $1, and the maximum amount of any single Outbound Transfer is $3,000. You can use the bank transfer service to transfer up to an aggregate of $100 of Inbound Transfers every 24 hours, and up to $500 every 30 days. There is an aggregate limit of $20,000 every 7 days for Outbound Transfers. The minimum and maximum amounts are subject to change. You may be eligible for higher maximum transfer limits; if you are, we will disclose the higher limit at the time you use the service. We will notify you as required by law if these limits decrease, but we may change these limits below the amounts stated above or cancel your transfers without prior notice as described below in “Suspension and Reinstatement of Bank Transfer Service.”
Minimum and Maximum Transfer Amounts. The minimum amount of any single Outbound Transfer is $1. Rolling single day aggregate limit of Outbound Transfers apply, up to $50,000 in a single day. Rolling single day and 7-day aggregate limits of Inbound Transfers apply, up to $20,000 in a single day and up to $40,000 every 7 days. You may not make more than 6 Inbound Transfers in a rolling 7-day period. Rolling single day and 7-day aggregate limits of Instant Transfers apply, up to $5,000 in a single day and up to $10,000 in a rolling 7-day period. In addition, the amount of an Instant Transfer, plus applicable fees, cannot exceed the available balance in your account at the time the transfer is initiated. The minimum and maximum amounts are subject to change. You may be eligible for a higher maximum aggregate transfer amount; if you are, we will disclose the higher limit at the time you use the service. We will notify you as required by law if these limits decrease, but we may change these limits below the amounts stated above or cancel your transfers without prior notice as described below in “Suspension and Reinstatement of Fund Transfer Service.” We also may impose different limits during the first 31 days your account is open.
Minimum and Maximum Transfer Amounts. The minimum amount of any single Inbound Transfer is $1, and the maximum amount of any single Inbound Transfer is up to $100 for your first Inbound Transfer, and up to $1,000 for each subsequent Inbound Transfer. A rolling 30-day aggregate limit of transfers also applies, up to $3,000 every 30 days. The minimum and maximum amounts are subject to change. You may be eligible for a higher maximum aggregate transfer amount; if you are, we will disclose the higher limit at the time you use the Bank Transfer Inbound Transfers. You may transfer funds from a bank account that you maintain with another
Minimum and Maximum Transfer Amounts. The maximum amount of Inbound Transfers is $20,000 per day and $100,000 in a rolling 30 day period, in the aggregate. The maximum amount of Outbound Transfers is $50,000 per day, in the aggregate, and cannot exceed your maximum Account balance at the time the Outbound transfer is initiated. Both Inbound and Outbound Transfers are limited to 5 transactions per day, and 50 transactions per month. The limits applicable to the Bank Transfer Service are subject to change. You may be eligible for less restrictive limits. If so, we may disclose such limits at the time you use the applicable service. We may add new limits, make existing limits more restrictive, or cancel your transfers without prior notice as described in this Section 8. We will notify you of changes to the limits for the Bank Transfer Service as required by applicable law.
Minimum and Maximum Transfer Amounts. The minimum amount of any single Outbound Transfer is $50 and the maximum is $1,000. The maximum transfer amount refers to the maximum aggregate dollar amount of transfers that are “in process.” “In process” transfers are transfers that you have set up, but that have not yet posted to your other bank account. You can use the Service to transfer up to an aggregate of $1,000 of in process Outbound Transfers. A 30 day aggregate limit of transfers also applies, up to $2,500 every 30 days. The minimum and maximum amounts are subject to change. You may be eligible for a higher maximum aggregate transfer amount; if you are, we will disclose the higher limit at the time you use the service. We will notify you as required by law if these limits decrease, but we may change these limits below the amounts stated above or cancel your transfers without prior notice as described below in “Suspension and Reinstatement of Bank Transfer Service.” Outbound Transfers. You may transfer funds from your GoBank account to a bank account that you maintain with another U.S. financial institution. You agree that you will have sufficient available funds in your GoBank account to cover any Outbound Transfers that you set up. If you do not, we may not initiate the transfer. If we do initiate the transfer, and there are not sufficient available funds in your GoBank account, it will cause an overdraft in your account. If this happens, you are responsible for the overdraft amount.