Withdrawing authorization for a recurring transfer Clause Samples

Withdrawing authorization for a recurring transfer. If you want to completely stop a recurring transfer, as opposed to stopping or canceling a future dated transfer set for a specific day, follow the instructions on myTrustmark℠ to withdraw authorization for that recurring transfer. Authorization to debit account - When you, or an authorized user, transmit a transfer instruction via myTrustmark ℠, you authorize us to (i) follow the transfer instruction and (ii) debit (deduct) on the scheduled transfer date (as adjusted by the provisions of Processing) the amount specified in the transfer instruction from the account listed in the transfer instruction as the account from which funds are to be transferred (and to access any overdraft protection agreement tied to that account). Limitation on dollar amount - Transfers via your myTrustmark℠ service are limited to a maximum of $10,000 each business day (from the transfer cutoff time on a business day until the transfer cutoff time on the next business day). We, in our sole discretion, at any time and from time to time, without notice, may change this dollar amount. A change is effective immediately. If you maintain your myTrustmark℠ service after a change, you agree to and are bound by that change. The dollar limit may be different if we notify you of a different limit. Sufficient funds; non-sufficient funds - You agree that a transfer instruction will not be transmitted unless the balance in the account from which the funds are to be transferred is and will (on the scheduled transfer date) be equal to or greater than the amount of the transfer. You are responsible for knowing the impact of a transfer on your account balance. You agree that we are not required to verify available funds. You agree that if a transfer request, in whole or in part, exceeds the available funds in the account from which funds are to be transferred, we (at our sole option) may refuse to make the transfer or may make the transfer even if the transfer creates an overdraft; in either case, we are not liable to you or any other person and/or entity for damages. You agree that if the transfer is not made, the account may be charged and may incur a non-sufficient funds fee. You agree that if the transfer is made (creating an overdraft), the account may be charged and may incur an overdraft fee. (The fees are described in our Miscellaneous Service Fees.) You agree that we are not required to notify you if a transfer is not made due to insufficient funds and that you or the authorized user who ...