Additional Information About Funds Availability Sample Clauses

Additional Information About Funds Availability. ▪ Generally, for Mobile Deposits made on a Business Day before the cutoff time, funds will be available no later than the 2nd business day after the day of your deposit, although in certain cases we may hold the funds for a longer period of time or make them available sooner. This means that funds credited to your account will not be immediately available to cover debits or withdrawals. o Please refer to the “Holds for Uncollected Funds/Delayed Funds Availability” section of the Bank’s Deposit Agreement for additional details. For digitally opened checking accounts, you should refer to the “Holds for Uncollected Funds/Delayed Funds Availability” section of the Deposit Agreement Addendum received at the time of account opening.
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Additional Information About Funds Availability. ▪ Generally, funds from a Debit Card Funding transaction will be available by the 7th business day after the day after they are credited to your account, although in certain cases we may hold the funds for a longer period of time or make them available sooner. This means that funds credited to your account will not be immediately available to cover debits or withdrawals.
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Additional Information About Funds Availability. ▪ Generally, for Mobile Deposits made on a Business Day before the cutoff time, funds will be available no later than the 2nd business day after the day of your deposit, although in certain cases we may hold the funds for a longer period of time or make then available sooner. This means that funds credited to your account will not be immediately available to cover debits or withdrawals. o Please refer to the “Holds for Uncollected Funds/Delayed Funds Availability” section of the Bank’s Deposit Agreement for additional details.
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Related to Additional Information About Funds Availability

  • Updating Your Information You must provide updated information to any person to whom you claimed to be an exempt payee if you are no longer an exempt payee and anticipate receiving reportable payments in the future from this person. For example, you may need to provide updated information if you are a C corporation that elects to be an S corporation, or if you no longer are tax exempt. In addition, you must furnish a new Form W-9 if the name or TIN changes for the account, for example, if the grantor of a grantor trust dies. Penalties Failure to furnish TIN. If you fail to furnish your correct TIN to a requester, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect. Civil penalty for false information with respect to withholding. If you make a false statement with no reasonable basis that results in no backup withholding, you are subject to a $500 penalty. Criminal penalty for falsifying information. Willfully falsifying certifications or affirmations may subject you to criminal penalties including fines and/or imprisonment.

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