Transactions Limitations Sample Clauses
The Transactions Limitations clause sets boundaries on the types, amounts, or frequency of transactions that may be conducted under an agreement. For example, it may restrict the maximum value of individual transactions, limit the total number of transactions within a certain period, or prohibit specific types of transactions altogether. This clause serves to manage risk and ensure that the parties operate within agreed-upon parameters, thereby preventing unauthorized or excessive activity that could expose either party to financial or legal harm.
Transactions Limitations. For details, please see the Agreement, at Section 1.F.
Transactions Limitations. You must have enough available money or credit in any account from which you instruct us to make a payment or transfer. If any of your qualifying accounts are money market or statement savings accounts you may only make six (6) transfers from your account each statement cycle, no more than three of which may be by third party checks or withdrawals by draft or similar order. No accounts with online banking access may be designated as requiring more than one signature for withdrawals, transfers, or bill payments. When any transfer, loan payment, or bill payment is initiated through Online Banking for your benefit, you agree that we may debit the designated account(s) without requiring a signature on the item and without any notice to you. You also agree to the “Terms and Conditions of Your Deposit Account” that you received when you opened your deposit account.
Transactions Limitations. Federal regulations require the Bank to limit the number of special withdrawals or transfers you make on savings or MMA accounts (which may, but need not, be conducted through the Online Banking Service or Money HQ External Transfers). The following limitations apply: You may make unlimited transfers from your MMA account to another of your accounts at Apple Bank, and unlimited withdrawals (payments directly to you) when such transfers or withdrawals are made in person, by mail, by messenger, or by using the Bank’s or a Shared Network Automated Teller Machine (“ATM”). Each month you may make up to six
Transactions Limitations. Federal regulations require the Bank to limit the number of special withdrawals or transfers you make on savings or MMA accounts (which may but need not be conducted through the Online Banking Service or the Money HQ Service). The following limitations apply: You may make unlimited transfers from your MMA account to another of your accounts at Apple Bank, and unlimited withdrawals (payments directly to you) when such transfers or withdrawals are made in person, by mail, by messenger, or by using the Bank’s or a Shared Network Automated Teller Machine (“ATM”). Each month you may make up to six (6) special withdrawals or transfers from your MMA in any combination of check, draft, debit card (“POS”), preauthorized or automatic transfer (including ACH transactions) or telephone agreement (including data transmission, e.g., internal transfers via Online Banking), order or instruction payable to third-parties. Your account will be assessed a charge of $20 for each excess withdrawal or transfer you make. We will provide you with a set of checks for check writing privileges upon your request.