Common use of Processing Order Clause in Contracts

Processing Order. All credit transactions are processed first. Debits, fees and/or charges (such as ACH transactions) will be processed in the order in which they are received by us. The processing order of these Items is important because if your Available Balance is not sufficient to pay for each Item in the order it is processed, we may, in our sole discretion, return or reject the Item, and your Account may become overdrawn.

Processing Order. The following processing order dictates the order in which we will process your transactions each Business Day. All credit transactions are processed first. Debits, fees and/or charges Debits or withdrawals (such as ACH transactions) will be processed in the order in which they are received by us. The processing order of these Items is important because if your Available Balance is not sufficient to pay for each Item in the order it is processed, we may, in our sole discretion, return or reject the Item, and your Account may become overdrawn.