Common use of Time Transfers Clause in Contracts

Time Transfers. If you designate a transfer as an “immediate” one time transfer, your transfer will be processed during your online banking session, provided that you have sufficient available funds in your Payment Account (see section 7 below). If you do not have sufficient funds for an “immediate” transfer, your transfer will be rejected during your online banking session, and nothing further will happen. If you have selected a Transfer Date in the future that is not a business day, we will process your transfer instruction on the next business day. You may specify a Transfer Date up to ten years in advance.

Time Transfers. If you designate a transfer as an “immediate” one time transfer, your transfer will be processed during your online banking session, provided that you have sufficient available funds in your Payment Account (see section 7 below)Pay From Account. If you do not have sufficient funds for an “immediate” transfer, your transfer will be rejected during your online banking session, and nothing further will happen. If you have selected a Transfer Date in the future that is not a business day, we will process your transfer instruction on the next business day. You may specify a Transfer Date up to ten years in advance.