Common use of Processing Transfers Clause in Contracts

Processing Transfers. At the time you schedule a transfer, we will provide you with the amount of funds available, and the options to send the funds that are available to you will display in your Digital Banking profile. One or more options may be available to you. Each option will include the estimated time of processing of the funds from your Account. Estimated times that we provide in Digital Banking are subject to change. You acknowledge and agree that, due to circumstances beyond our control and/or in accordance with the provisions of this Agreement, transfers may be processed after the estimated dates, and we will only be liable for late transfers to extent set forth herein and under Applicable Rules. Funds requested to be transferred will be debited or credited to an external Account according to the receiving financial institution’s availability and transaction processing schedule. Funds received from a transfer will not be available to you until we actually receive the funds from the other Account.