Your Ability to Withdraw Funds Sample Clauses

Your Ability to Withdraw Funds. Our general policy is to make funds from your deposit of checks available to you on the first business day after the day we receive your deposit. At that time, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. For determining the availability of your deposits at a branch, every day is a business day, except Saturdays, Sundays and federal holidays. If you make a deposit on a nonbusiness day, we will consider that the deposit was made on the next business day. ATM deposits have a daily settlement time of 3:30 P.M. ATM deposits made before settlement Monday through Friday are available on the next business day. Deposits made after settlement and deposits on a Saturday, Sunday or federal holiday are available on the second business day following the day of deposit. All times are Eastern Time. Funds from the following deposits will be available on the business day of your deposit: cash, wire transfers, electronic payments, including preauthorized credits such as Social Security benefits and payroll payments, and checks drawn on Salem Five Cents Savings Bank for which there are sufficient available funds on deposit. In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of your deposit. However, the first $225 of your deposits will be available on the first business day after the day of your deposit. If we are not going to make all the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our tellers, or if we decide to take this action after you have left the premises, we will mail you the notice by the business day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,525 on any one day. • You redeposit a check that has been returned unpaid. • You have overdrawn your account repeatedly in the last six months. • There is an emergency, such as failure of communic...

Your Ability to Withdraw Funds. Our general policy is to make funds from your cash and check deposits available to you on or before the second business day after the day of your deposit. During any delay, you may not withdraw the funds in cash and we will not use the funds to pay checks that you have written. Funds deposited by use of Mobile Banking, Online Banking, an ATM displaying our “BECU” logo (a BECU-owned ATM), shared branch, BECU Drop Box, or the USPS will be combined with all deposit(s) made to your Account(s) on that day and generally will be available on or before the second business day after the business day of your deposit. Deposits at non-BECU owned ATMs will be combined with all deposit(s) made to your Account(s) on that day and generally will be available on or before the fifth business day after the day of your deposit. Deposits to your Account by way of a person-to-person transfer service (for example a Zelle transfer) will be available in accordance with the terms and conditions for that service. However, regardless of the manner or location of your deposit, as stated below, longer delays may apply.‌

Your Ability to Withdraw Funds. Our policy is to make funds from your check deposits available to you on the first business day after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them and we will use the funds to pay checks that you have written. Please remember that even after we have made funds available to you, and you have withdrawn the funds, you are responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 2:00 P.M. on a business day that we are open, we will consider that day to be the day of your deposit. If you make a deposit after 2:00 P.M. or on a day we are not open, we will consider that deposit was made on the next business day we are open. If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:

Your Ability to Withdraw Funds. Our policy is to delay the availability of funds from your cash and check deposits. During the delay, you may not withdraw the funds in cash and we will not use the funds to pay checks that you have written.

Your Ability to Withdraw Funds. These provisions apply only to demand deposit checking accounts where deposits are made via Bank’s MDC Services. You agree that Electronic Images submitted via Bank’s MDC Services from your mobile device are not subject to the funds availability requirements of the Federal Reserve Board’s Regulation CC. Our policy is generally to make funds from your MDC Services available to you on the first Business Day after the day we receive your deposit. Funds that are deposited using Bank’s MDC Services will not be deemed “received” by us until we have received an Electronic Image that meets all of the requirements for deposits (including all requirements to create a Substitute Check) stated in this Agreement and in any Documentation. Once the funds are available, you can withdraw the funds in cash and we will use the funds to pay items and transactions drawn on your account. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and holidays. If you make deposit via the MDC Services received and processed by the cut-off time of 6:00 p.m. CST on a day that is not a business day, we will consider such deposit made on the next business day we are open.

Your Ability to Withdraw Funds. This Funds Availability Disclosure applies to all “transaction” Accounts. Transaction Accounts, in general, are Accounts that permit an unlimited number of payments to third persons and an unlimited number of telephone and preauthorized transfers to other Accounts of yours with us. Checking Accounts are the most common transaction Accounts. Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash, and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. Cut-off time for deposits at Illinois offices will vary by location. The cut-off time for deposits is the Lobby Hours closing time (“Closing Time”) of the office where the deposit is made, which is no earlier than 4:00 PM CT Monday through Friday. If you make a deposit at an Illinois office before Closing Time on a Business Day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit at an Illinois office on a Business Day after the Closing Time, or on a day we are not open, we will consider that the deposit was made on the next Business Day we are open. For a listing of offices locations and hours, please visit our website at xxxxx://xx.xxxx.xxx/en/about-us/locations.html.

Your Ability to Withdraw Funds at the University of Nebraska Federal Credit Union Longer Delays May Apply

Your Ability to Withdraw Funds. Our general policy is to make funds from your cash and/or Check deposits, incoming wire transfers and electronic Direct Deposits available to you for withdrawal on the Business Day we receive your deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay Checks or other Items presented for payment and any applicable fees that you have incurred. If you make a deposit at one of our branches or at our ATMs before the cutoff time on a Business Day that we are open, we will consider that day to be the day of your deposit. For branches, our established cutoff time is when the branch closes for business and may vary by location. Cutoff times are posted at our branches and on our ATMs. If you make a deposit after the cutoff time or on a day that we are not open, we will consider the next Business Day we are open to be the day the deposit was made. Please note that even though we have made funds from deposited Items available to you, these Items may still be in the process of collection, and may still be returned unpaid, causing the credit for the deposit to be reversed.

Your Ability to Withdraw Funds. Except as described in this policy, our general procedure is to make funds available from your cash, check, and electronic deposits on the Business Day we receive the deposit. Automated Clearing House (ACH) credit transfer (direct deposit) will generally be available up to two (2) Business Days before the Business Day we receive the deposit. Electronic deposits originating from within the Credit Union may be delayed in accordance with fraud screening procedures necessary to comply with Bank Secrecy Act (BSA) laws and regulations. Following completion of these screening procedures, funds will be available no later than the next Business Day after receiving your deposit. Once available, you can withdraw the deposits in cash, and we will use the funds to pay checks you have written and other items you have authorized. If we delay the availability of funds from your deposits, the length of the delay is counted in Business Days from the day of your deposit. For determining when funds are considered deposited, every day is a Business Day, generally, except Saturdays, Sundays, and federal holidays. The Business Day the funds will be considered received varies depending on the applicable service channel and cutoff times. • Funds mailed to us will be considered received on the Business Day the funds are delivered to us. • Funds deposited to a night depository will be considered received on the Business Day the funds are removed and processed by us. • Funds deposited at an ATM will be considered received on the Calendar Day we receive the deposit.

Your Ability to Withdraw Funds. Our policy is to generally make funds from your checks deposited available to you by the first business day after the day we receive your deposit. Electronic direct deposits and cash deposits made in person at a FSB office will be available on the day we receive the deposit. Cash deposits made at an ATM generally will be available to you by the next business day. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. The availability periods described in this section are FSB’s general availability policies and state the maximum availability periods that may apply. In some instances, you may receive faster availability of your funds based on such factors as credit worthiness, the length and extent of your relationship with FSB and its affiliates, transaction and experience history, and such other factors as FSB, in its sole discretion, deems relevant. FSB places certain limitations on withdrawals in cash. In general, $225 of a deposit is available for withdrawal in cash on the first business day after the day of deposit. In addition, a total of $450 of other funds becoming available on a given day is available for withdrawal in cash no later than 5 p.m. Central Time on that day. Any remaining funds will be available for withdrawal in cash on the following business day.