Common use of Overdraft Transfers Clause in Contracts

Overdraft Transfers. If you have requested and been approved for this service, we will make a cash advance from your account automatically to cover overdrafts in your designated Avidia Bank checking account. Overdraft transfers are made in increments of $100, which means we will round the amount of your overdraft up to the next higher multiple of $100 and transfer that amount. We add the amount of each overdraft transfer to the Cash Advance portion of your account.

Overdraft Transfers. If you have requested and been approved for this service, we will make a cash advance from your account automatically to cover overdrafts in your designated Avidia Bank checking account. Overdraft transfers are made in increments of $100, which means we will round the amount of your overdraft up to the next higher multiple of $100 and transfer that amount. We add the amount of each overdraft transfer to the Cash Advance portion of your accountyouraccount.