Common use of Transfer Cut-Off Clause in Contracts

Transfer Cut-Off. Funds will be debited the business day after you initiate the transfer, and will be credited on the fifth business day after you initiate the transfer. Any inbound transfer attempt returned due to insufficient or uncollected funds will be re-submitted once for collection upon receipt of the original return entry. The cut-off time for Standard Transfers is 12:00 p.m.

Appears in 5 contracts

Sources: Electronic Services Agreement, Membership and Account Agreement, Membership and Account Agreement