Transaction Limitations definition
Transaction Limitations. No transaction limitations apply to this account, unless otherwise stated in your account agreement or other agreement with MSUFCU.
Transaction Limitations. No transaction limitations apply to this account, unless otherwise stated in your account agreement or other agreement with the credit union. Compounding and Crediting: Dividends will be compounded and credited monthly based on daily average balance.
Transaction Limitations. The maximum number of in person withdrawals you may make in a calendar quarter from Money Market Savings, Premier Money Market Savings and the Investor Money Market Savings accounts is six (6). Exceeding this withdrawal limitation in any quarter, your money market savings account will be subjected to the fee stated in the Schedule of Fees. No monthly service fee applies to Money Market Accounts.
Examples of Transaction Limitations in a sentence
Transaction Limitations: During any month, you may not make more than six withdrawals or transfers or a combination of such withdrawals or transfers to another Credit Union account of yours or to a third party by means of a preauthorized automatic or computer transfer, telephonic order or instruction, or similar order to a third party.
Money that is sent from another Card to your Card is automatically credited to your Card provided that such amount falls within the Transaction Limitations.
If a load exceeds the limits described in the Transaction Limitations section of this Agreement, then the transaction will be declined or funds returned to the funder.
Transaction Limitations in Accordance with Regulation D: Transfers from a savings account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer are limited to six per statement cycle with no transfers by check, draft, debit card, or similar order to third parties.
You must maintain a minimum daily balance of Transaction Limitations.
More Definitions of Transaction Limitations
Transaction Limitations. The maximum number of in person withdrawals you may make in a calendar quarter is six (6). Exceeding this transfer or withdrawal limitation in any quarter, your account will be subject to the fee stated in the Schedule of Fees. For each calendar year in which you are eligible for the Courtesy Pay service, we will pay up to 120 eligible overdrafts using the Courtesy Pay service. This limitation is the total of all accounts where the Courtesy Pay service may be used. If you exceed the 120-overdraft transaction limit in any calendar year, you will no longer be eligible for the service until the next calendar year begins. ABILITY TO PLEDGE FUNDS: Unless otherwise indicated in the specifics of each savings account listed in this Disclosure, the account owners may pledge all or any part of the funds in the savings as security for a loan or loans. See the section titled “Funds Cannot be Pledged” for exceptions and variations particular to any savings or checking account. TRANSACTION LIMITATIONS: Other than as stated above, no transaction limitations apply to your Primary Savings account. Applicable Fees: The monthly service fee will not apply if your aggregate balance is $500 or greater, OR you have direct deposit. The overdraft transfer from savings fee may apply per occurrence of overdraft. MINIMUM DEPOSIT AND BALANCE REQUIREMENTS: Your Little Partners (age 12 and under) or Partners Jamz (age 13 to 17 years) account is established by a Primary Savings account. The minimum deposit and balance requirements for a Primary Savings account apply as shown on the Rate Sheet. Applicable Fees: No membership or monthly fees apply to this account. All other applicable fees shown on the Schedule of Fees apply to this account. TRANSACTION LIMITATIONS: Other than as stated above, no transaction limitations apply to this account. COLLEGE SAVER CERTIFICATES: A club exclusively available for Little Partners and Partners Jamz Members. The minimum to open the certificate is $500. Deposits are unlimited and a $25 minimum applies to each deposit. No penalty for early withdrawal after the Member’s 17th birthday. Refer to the enclosed Rate Sheet for the APY. Special mailings and other Little Partners-friendly information arrive throughout the year. A Partners Jamz savings and a Jamz Checking (a modified Basic Checking, refer to CHECKING OPTIONS) with an ATM and Check Card is available. Loans are not available. Special mailings may be sent including newsletters with financial and educa...
Transaction Limitations. This is a limited transaction account. During any month, you will be granted no more than six withdrawals and/or transfers out of this account; otherwise, the account will be subject to closure by the credit union. Transfer limitations apply to transfers to subaccounts under this same account number or transfers to other credit union accounts via telephone, in‐person, online or through other similar access channels, as well as transfers to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction or similar order to a third party. CLUB ACCOUNT
Transaction Limitations. The Bank may limit the number of certain types of withdrawals and transfers from a money market Account to another Account or third parties through preauthorized or automatic transfer, telephone agreement, order or instructions, or by check, draft, Debit/ATM card, or similar order to no more than six (6) transfers and withdrawals, or a combination of such transfers and withdrawals per statement cycle. • Fees: See our separate Products, Services and Fee Schedule. • Effect of closing an Account: If you close your Account before interest is credited, you will not receive the accrued interest.
Transaction Limitations. Some types of transactions from money market accounts and savings accounts are limited by us. If you exceed these limits, we may assess a service fee and convert your account to a transaction account. You should consult your account disclosure for details.
Transaction Limitations. Any transaction limitations applicable to your Checking Account is stated on the attached Schedule of Fees.
Transaction Limitations. No transaction limitations apply to this Account.
Transaction Limitations. During any calendar month, you may not make more than six withdrawals or transfers to another MCU account of yours or to a third-party by means of a pre-authorized or automatic transfer or telephonic order or instruction (including Touch Tone Teller and home banking transfers and checks). NATURE OF DIVIDENDS: Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. PAR VALUE OF SHARES; DIVIDEND PERIOD: The par value of a regular share in MCU is