Internal Funds Transfers Sample Clauses

Internal Funds Transfers. Online Transfer of Funds made between your qualifying Vintage Bank Kansas accounts will be processed immediately when submitted. External Funds Transfers: Online Transfer of Funds made to or from another financial institution will take one to two business days to settle. External Funds Transfers submitted after 4:00 p.m. will not be processed until the following business day. Each transfer will be posted to any account with us from which it is made, and to any other account with us that is involved in the transaction, on the business day on which the transfer is made. Each transfer you make on a non-business day, or after our Online Banking cut-off time on any business day, will be considered made on the following business day. Information you obtain about your accounts using our Online Banking service may not reflect transactions that have not yet been posted to your accounts. You should keep that in mind when you perform or attempt to perform any transactions on the basis of such information.
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Internal Funds Transfers. Allows authorized representatives to transfer money between eligible accounts with us. Transfers may be scheduled to be initiated on the current business day, on a future date, or on the same date of each month, subject to the restrictions of this agreement and other agreements between you and the Financial Institution (including, but not limited to those contained in the Deposit Account Agreement that limit the number of transfer that may be made from you account during any monthly period). Although your authorized representatives can enter transfer information through the Service twenty-four (24) hours a day, seven (7) days a week, transfers can be initiated by the Financial Institution only on Business Days. Funds will be deducted from your account on the Business Day for which your authorized representative directs the transfer to be initiated by the Financial Institution. This date is referred to in this Agreement as the “Transaction Date.” If the date designated as the Transaction Date is not a Business Day, the Transaction Date will be deemed to be the Business Day following the date that your Authorized Representative designated. Transfer instructions must be received by the Financial Institution not later than 6:00
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Internal Funds Transfers. Internal Funds Transfers: Funds Transfers between Your Linked Accounts at the Bank. Internal Funds Transfers (or “Internal Transfers”) are transfers of funds between your linked accounts at the Bank. Internal Transfers may be set up as either a one-time transfer or as a recurring transfer and may be made from a linked Bank Leumi checking, savings or money market account to a linked checking, savings or money market account. Transfers from a deposit account shall be immediately reflected on the account's Available Balance. Transfers to a deposit account will be reflected same day if occurring prior to approximately 11:00 P.M. EST; otherwise they will be reflected on the next Business Day. Internal Transfers using Leumi Online between your eligible checking or money market account are subject to a limit per Business Day.
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Internal Funds Transfers. You will be allowed to transfer funds between your Bellco Deposit Accounts.
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Internal Funds Transfers. You may initiate transfers of funds between designated accounts maintained with us. Online real time Digital Banking Solution transfers between Eligible Transaction Accounts are processed immediately if the funds are collected. Recurring or scheduled transfers, which are initiated prior to 4:00 p.m. on a Business Day, when we have reasonable time to act, will be effective as of the close of business on that Business Day. Transfers initiated after 4:00 p.m., EST/DST, on a Business Day or on a day other than a Business Day will be effective as of the close of business the following Business Day. By initiating the transfer of funds from an account, you represent and warrant to us that the balance of collected funds in the account is equal to or greater than the amount of the transfer. We have no obligation to verify the availability of collected funds in the account at the time of the transfer request. If an overdraft is created as a result of a transfer request, you agree to reimburse us for the amount of the overdraft immediately upon request and to pay such charges as may be imposed by us as a result of the overdraft. The number of transfers from a savings or money market account may be limited to six (6) per statement cycle. If a hold has been placed on deposits made to an account from which you wish to transfer funds, you cannot transfer the portion of the funds held until the hold expires.
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Internal Funds Transfers. You may transfer funds between your Northrim Bank Accounts (“Internal Transfer”) that you own or control (either solely or jointly with others) or, if we agree in our discretion, for those Accounts on which you are an authorized signer, and from which you have an unrestricted right to withdraw funds. Normally, the Bank processes Internal Transfers immediately if the funds are Available. Except as provided below, there is not a designated limit on the dollar amount, or the number of the Internal Transfers that you may make using this Service.
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Internal Funds Transfers. Allows authorized representatives to transfer money between eligible accounts with us. Transfers may be scheduled to be initiated on the current business day, on a future date, or on the same date of each month, subject to the restrictions of this agreement and other agreements between you and the Bank (including, but not limited to those contained in the Deposit Account Agreement that limit the number of transfer that may be made from you account during any monthly period). Although your authorized representatives can enter transfer information through the Service twenty-four (24) hours a day, seven (7) days a week, transfers can be initiated by the Bank only on Business Days. Funds will be deducted from your account on the Business Day for which your authorized representative directs the transfer to be initiated by the Bank. This date is referred to in this Agreement as the “Transaction Date.” If the date designated as the Transaction Date is not a Business Day, the Transaction Date will be deemed to be the Business Day following the date that your Authorized Representative designated. Transfer instructions must be received by the bank not later than 6:00 p.m. Eastern Time on any Business Day (the “Cut-Off Time”) in order for the transaction to be completed on that Business Day. If instructions for a “same day” transfer are received after the Cut-Off Time or on a day that is not a Business Day, your Authorized Representative will be deemed to have directed that the transfer occur on the following Business Day. For purposes of this Agreement, “Business Day’ means Monday through Friday, excluding Bank holidays. Recurring transfers are those made for the same amount and are made on a weekly, bi- monthly, monthly or other periodic basis. Once started, recurring transfers will be made automatically unless (1) your Authorized Representative has Internet Banking Administrator rights to change the transfer template; (2) tells us to stop or cancel the service in the manner provided below and, in such case, following a period of time that will give us a reasonable opportunity to act on that request. You can stop any or all of these recurring transfers by calling the Customer Service Center at the bank’s published telephone number or writing us at the address on your checking account statement so that we receive the cancellation request not less than three (3) Business Days before the next Transaction Date scheduled for the recurring transfer. Cancellation requests...
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Internal Funds Transfers. You may transfer funds between deposit accounts or from a deposit account to a loan account that you have designated as Online Accounts. However, the following restrictions apply: (1) transfers cannot be initiated from passbook accounts, time accounts such as CDs or IRAs, or Holiday Club accounts; (2) transfer cannot be received into passbook accounts or time accounts. When you request a funds transfer using the Services, you authorize us to follow the transfer instructions and transfer the funds from the designated originating account to the designated recipient account. If we receive your request prior to 11:00 p.m. Eastern Time on any business day, we will transfer the funds on that day. If we receive your request after 11:00 p.m. Eastern Time on a business day or on a day that is not a business day, we will make the transfer on the next business day. The day we make the transfer is called the "Transaction Date". We may refuse to act on your funds transfer instructions if there are not sufficient available funds in the designated originating account on the Transaction Date. Funds transferred to the designated recipient account will be deemed deposited on the Transaction Date. If the designated recipient account is a deposit account, the transferred funds will be available after the Transaction Date in accordance with our funds availability policy. Please also see Limits on Transactions, Section 1.12, regarding limitations that apply to online funds transfers.
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Related to Internal Funds Transfers

  • Funds Transfers With respect to each Instruction for a Cash transfer, when the Instruction is to credit or pay a party by both a name and a unique numeric or alpha-numeric identifier (e.g., IBAN or ABA or account number), BNY Mellon and any other bank participating in the Cash transfer will be entitled to rely solely on such numeric or alpha-numeric identifier, even if it identifies a party different from the party named. Such reliance on an identifier will apply to beneficiaries named in the Instruction, as well as any financial institution that is designated in the Instruction to act as an intermediary in such Cash transfer. To the extent permitted by applicable law, the Parties will be bound by the rules of any transfer system used to effect a Cash transfer under this Agreement.

  • Electronic Funds Transfers By signing the Account Card, completing and transmitting an online account card or service request, or signing or using the Visa Debit Card, or Home Banking service you agree to the following terms governing your and our rights and responsibilities concerning the electronic funds transfer services, as applicable. Terms and conditions set forth elsewhere in this Agreement shall also apply to your electronic funds transfer service. Electronic funds transfers ("EFTs") are electronically initiated transfers of money through direct deposits, automated teller machines ("ATMs"), point of sale transactions, debit card purchases, audio response transactions and online transactions involving your deposit accounts at the Credit Union.

  • Electronic Funds Transfer Agreement If you want to reverse an electronic re-presented check, you must give us an affidavit within 15 days after we send or make available to you the periodic statement that reflects payment of that electronic re-presented check. In your affidavit, you must declare and swear under oath that the electronic re-presented check was ineligible or unauthorized. If we receive a proper notice or affidavit from you within the 15-day period, we will recredit your account with the amount of the charge. If you wish to stop payment on any electronic re-presented check, you must follow the procedures contained in this Agreement for stopping payment of checks, not the procedures for stopping payment on electronic loan or xxxx payments. If you ask us to request the depositor’s bank to send us the original paper check or a copy of the paper check, and we provide it to you, you agree that you will not seek to have your account recredited due to a prior stop payment order or if the item is otherwise ineligible for collection.

  • Electronic Funds Transfer Upon reinstatement by Xxxxxxxx, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.

  • ELECTRONIC FUNDS TRANSFER (EFT The recipient/cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply:

  • Promotions Transfers VACANCIES

  • Change of Control of the Academy Trust 102A) The Secretary of State may at any time by notice in writing, subject to clause 102C) below, terminate this Agreement forthwith (or on such other date as he may in his absolute discretion determine) in the event that there is a change:

  • Special Permit from Relevant Ministerial/ Government Agencies and Foreign Capital Ownership Limitation Raw Material for Explosives (Ammonium Nitrate) with maximum foreign equity ownership of 49% and a special permit from the Minister of Defense (ISIC 2411) Industry of explosive materials and its components for industry need with maximum foreign equity ownership of 49% and a special permit from the Minister of Defense (ISIC 2429) Sugar Industry (Xxxxx Xxxxxxx Sugar, Refined Crystal Sugar and Raw Crystal Sugar) with maximum foreign equity ownership of 95% and a special permit from the Minister of Industry and the Minister of Agriculture, and it has to be integrated with the sugar plantation. The manufacturing of raw crystal sugar is required for any sugar manufacturer with sugarcane input capacity exceeding 8000 tons per day (ISIC 1542) Processing of plantation product industry (similar capacity or exceeding a certain capacity, according to Regulation of Minister of Agriculture Number 26 of 2007 with maximum foreign capital ownership of 95% with a special permit from Minister of Agriculture. - Fiber and Seed Cotton Industry (ISIC1514, 1711) - Crude oil industry (edible oil) from vegetable and animal, coconut oil industry, palm oil industry, rubber to be sheet, thick latex, crumb rubber industry, raw castor oil industry, sugar, sugar cane and sugar cane residue industry, black tea/green tea industry, dry tobacco leaves industry, Copra, Fiber, Coconut Charcoal, Dust, Nata de coco industry, Coffee sorting, cleaning and peeling industry, Cocoa cleaning, peeling and drying industry, cleaning and peeling seed other than coffee and cacao industry, cashew to be dry seed cashew and Cashew Nut Shell Liquid (CNSL) Industry, Peppercorn to be dry white pepper and dry black pepper industry (ISIC 1514, 2429, 1542, 1549, 1600, 2519, 1531)

  • ACH & Wire Transfers If we provide the service, you may initiate or receive credits or debits to your account through wire or ACH transfer. You agree that if you receive funds by a wire or ACH transfer, we are not required to notify you at the time the funds are received. Instead, the transfer will be shown on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount if we do not receive final settlement. When you initiate a wire transfer, you may identify either the recipient or any financial institution by name and by account or identifying number. The Credit Union (and other institutions) may rely on the account or other identifying number as the proper identification even if it identifies a different party or institution.

  • Electronic Fund Transfers The following provisions apply only to Electronic Fund Transfers (“EFTs”). EFTs are any transfer of funds initiated with your Card(s) at an ATM or as a PIN based debit transaction (Point of Sale). You will have access to either your deposit or credit card accounts, or both if you so choose, with Commerce Bank. We can cancel these services at any time and for any reason without notice. We can also cancel your entire Account, including credit card services, and revoke your Card(s) as provided in the CANCELLATION paragraph above. This may be done by an ATM or merchant not returning your Card(s) to you. We may change the terms of this Agreement relating to EFTs without notice to you unless required by law. WHAT CONSTITUTES BANK’S BUSINESS DAY Our Business Days are Monday through Friday. Federal holidays are not included. DISCLOSURE OF CONSUMER’S LIABILITY FOR UNAUTHORIZED TRANSFERS AND ADVISABILITY OF PROMPT REPORTING Tell us AT ONCE if you believe your Card(s) has/have been lost or stolen or if you believe that an EFT has been made without your permission. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your deposit account plus your maximum overdraft line of credit. If you tell us within two Business Days after you learn of the loss or theft of your Card, you can lose no more than $50.00 if someone used your Card without your permission. If you do NOT tell us within two Business Days after you learn of the loss or theft of your Card, and we can prove that we could have stopped someone from using your Card and making transfers from your deposit account without your permission if you had told us, you could lose as much as $500.00. Also, if your deposit statement shows transfers that you did not make, including those made by Card, code or other means, tell us at once. If you do not tell us within 60 days after the deposit statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods at our discretion.

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