Transfer Limitations definition

Transfer Limitations means, with respect to the Custody Receipts, the Transfer Limitations set forth in the related Schedule of Terms.
Transfer Limitations. The Fund's Transfer privilege is not intended to afford a means to speculate on short-term movements in the market. Because excessive Transfers can disrupt the management of the Fund and can increase transaction costs, Transfers are limited as follows:
Transfer Limitations. CFCU has established the following transfer limitations:

Examples of Transfer Limitations in a sentence

  • See the Transfer Limitations provision for transfer limitations that apply to preauthorized transfers.

  • See the Transfer Limitations provision for transfer limitations that apply to Home Banking transactions.

  • See the Transfer Limitations provision for transfer limitations that apply to Online Banking transactions.

  • Except as provided herein and subject to Exhibit 2 (Transaction Limits) and Section VII(B) (Transfer Limitations), you may make withdrawals from your Account up to the available balance in your Account by any means that we make available to you.

  • The following limitations will apply to the Telephone/Audio Response Service: See the Transfer Limitations provision for transfer limitations that apply to preauthorized transfers.


More Definitions of Transfer Limitations

Transfer Limitations. For all share and savings account, no more than six (6) preauthorized, automatic, or telephone transfers and withdrawals may be made from these accounts to another account of yours or to a third party in any month, and no more than three (3) of these six (6) may be made by check, draft, or other access to a third party. If you exceed these limitations your account may be subject to a fee or be closed.
Transfer Limitations. We may limit the dollar amount or the number of transfers from your account. Please consult your Truth-in-Savings Disclosure or your Electronic Fund Transfers Agreement and Disclosure.
Transfer Limitations shall have the meaning ascribed to such term in Section 4.5.
Transfer Limitations means any of the following restrictions on customary and market based terms: (a) restrictions pursuant to which assignments may be subject to the consent of the obligor or issuer or agent so long as the applicable provision also provides that such consent may not be unreasonably withheld, (b) restrictions on transfer to parties that are not ‘eligible assignees’ within the customary and market based meaning of the term provided that Bank of America, N.A. shall not be excluded from such definition of ‘eligible assignees’, (c) restrictions on transfer to the applicable obligor or debtor or its equity holders or financial sponsor entities and (d) restrictions on transfers, assignments or participations to competitors or affiliates of competitors.
Transfer Limitations. For all share accounts, members may make no more than six (6) transfers and withdrawals from their account to another account of theirs or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If a member exceeds these limitations, their account may be subject to a fee or be closed. Conditions of EFT Services Ownership of Cards: Any card or other device which the credit union supplies to the member is the property of the credit union and must be returned to us, or to any person whom we authorize to act as our agent, or to any person who is authorized to honor the card, immediately according to instructions. The card may be repossessed at any time at our sole discretion without demand or notice. Members cannot transfer their card or account to another person. Honoring the Card: Neither the credit union nor merchants authorized to honor the card will be responsible for the failure or refusal to honor the card or any other device we supply to a member. If a merchant agrees to give a member a refund or adjustment, the member agrees to accept a credit to their account in lieu of a cash refund.
Transfer Limitations. For share savings account, you may make up to six (6) preauthorized, automatic, telephonic, or electronic transfers during any calendar month. We may refuse or reverse a transfer that exceeds these limitations and may assess fees against, suspend, or close your account. Certificate Accounts—Any share certificate allowed by state law and offered by the Credit Union, is subject to the terms of this Agreement and the Rate and Fee Schedule . Account Information—Upon request, we will give you the name and address of each agency from which we obtain a credit report regarding your account. We agree not to disclose account information to third parties except when: (1) it is necessary to complete a transaction; (2) such disclosure complies with the law or a government agency; or (3) you give us written permission. Hold On Funds—If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw the full amount based on the amount of funds you had on deposit prior to the deposit of the check. Name or Address Change: You are responsible for notifying us of any address or name change. The Credit Union is only required to attempt to communicate with you at the most recent address you have provided to us. If mail is returned to us by the USPS due to an invalid address, we may impose a service fee as set forth in the Rate and Fee Schedule.
Transfer Limitations. The number of transfers you are allowed to make from your Beneficial State Bank savings and money market accounts are limited by the terms and conditions contained in the Deposit Account Agreement, account product, and other related disclosures that govern those accounts. For example, you can make no more than a total of six (6) preauthorized or automatic (including telephonic) fund transfers per month from each of your savings and money market accounts, regardless of whether or not the funds were transferred electronically. Should you exceed the permitted number of transfers on an account, we may close that account, impose a fee and/or change the account to a demand deposit account. If a hold was placed on deposits made to the account from which you wish to transfer funds, the transfer corresponding to that portion of the funds on hold will not be performed until the hold expires. For more information on the account withdrawal limitation, please contact us at the number provided in this Agreement or visit your local branch.