Examples of Uncollected Funds in a sentence
Holds for Uncollected Funds / Delayed Funds AvailabilityThe below revised information amends the “Ability to Withdrawal Funds”, “Longer Delays May Apply” and “Special Rules for New Accounts” information contained in the Holds for Uncollected Funds / Delayed Funds Availability section of the Bank’s Deposit Agreement.
All other information contained in the Holds for Uncollected Funds / Delayed Funds Availability section of the Deposit Agreement remains the same.
An Uncollected Funds Fee will be assessed based on the average Items processed by the Bank against uncollected funds in the Account.
Please refer to the "Items Presented Against Insufficient, Unavailable or Uncollected Funds" section of this Agreement.
I/We understand that all items returned unpaid, either as Non-Sufficient Fund or Uncollected Funds, will be subject to a $30.00 returned item fee to be debited from my/our account on re- presentation of the item.