Common use of What Overdraft Transactions are Covered Clause in Contracts

What Overdraft Transactions are Covered. The Service is available for the payment of checks, electronic transfers, telephone-initiated transfers, preauthorized payments under our Bill Pay service, recurring Visa Debit Card transactions, other preauthorized transfers, point-of-sale transactions where a personal identification number (PIN) is used, ACH transactions, the return of (unpaid) items deposited by you, or the deposit of items which are treated as not yet “available” according to our Funds Availability Policy. The Service is not available for ATM transactions and one-time Visa Debit Card transactions, unless you opt-in, as described in the next section below.