Common use of OVERDRAFT PROTECTION Clause in Contracts

OVERDRAFT PROTECTION. We will not transfer more than the available account balance in a linked account or the available credit on a Line of Credit account, even if the amount of the overdraft is more than the available amount. If the available credit on a Line of Credit account is not enough to pay the overdraft or the available balance in a linked account is not enough to pay the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions plus the fee(s). Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees or NSF Fees will be charged as if you did not have overdraft protection.

OVERDRAFT PROTECTION. We will not transfer more than the available account balance in a linked regular savings account or the available credit (as of the end of the previous business day) on a Line of Credit account, even if the amount of the overdraft is more than the available amount. If the available balance in a linked regular savings account or the available credit on a Line of Credit account is not enough to pay the overdraft or the available balance in a linked account is not enough to pay the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions plus the fee(s)fee. Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees or NSF Fees will be charged as if you did not have overdraft protection.

OVERDRAFT PROTECTION. We will not transfer more than the available account balance in a an eligible linked account or the current available credit on a Line of Credit or Credit Card account, even if the amount of the overdraft is more than the available amount. If the available balance in an eligible linked account or the available credit on a Line of Credit or Credit Card account is not enough to pay the overdraft or the available balance in a linked account is not enough to pay all the transactions you have initiated on any day plus the Overdraft Transfer Fee, we will transfer enough funds to pay one or more transactions plus the fee(s)fee as available. Any transactions that are not paid by the transfer will either be paid or returned, and Overdraft Transfer Fees, Courtesy Pay Fees or NSF Fees will be charged as if you did not have overdraft protection.