Common use of Authorization Holds Clause in Contracts

Authorization Holds. An authorization hold is a temporary hold that is placed on your account for certain debit card transactions. The amount of the temporary hold may be more than the actual amount of the transaction, so your available account balance will temporarily be reduced by the amount of the temporary hold. If the authorization hold or the processing of subsequent transactions causes your account to have non-sufficient funds to pay the transaction, your account may be subject to a non-sufficient fund fee or subject to our Overdraft policy,and if applicable, any overdraft protection plan.

Appears in 1 contract

Sources: Electronic Fund Transfer Disclosure and Agreement

Authorization Holds. An authorization hold is a temporary hold that is placed on your account for certain debit card transactions. The amount of the temporary hold may be more than the actual amount of the transaction, so your available account balance will temporarily be reduced by the amount of the temporary hold. If the authorization hold or the processing of subsequent transactions causes your account to have non-sufficient insufficient funds to pay the transaction, your account we may be subject to a charge you non-sufficient fund fee funds fees if we return the item or subject to our Overdraft policy,and overdraft fees if applicable, any overdraft protection planwe pay the item on your behalf.

Appears in 1 contract

Sources: Electronic Fund Transfer Disclosure and Agreement

Authorization Holds. An authorization hold is a temporary hold that is placed on your account for certain debit card transactions. The amount of the temporary hold may be more than the actual amount of the transaction, so your available account balance will be temporarily be reduced by but the amount of the temporary hold. If the authorization hold or of the processing of the subsequent transactions causes cause your account to have non-sufficient insufficient funds to pay the transaction, we may charge your account may be subject to a non-non- sufficient fund fee funds fees if we return the item or subject to our Overdraft policy,and overdraft fees if applicable, any overdraft protection planwe pay the item on your behalf.

Appears in 1 contract

Sources: Business Deposit Account Agreement

Authorization Holds. An authorization hold is a temporary hold that is placed on your account for certain debit card Debit Card transactions. The amount of the temporary hold may be more than the actual amount of the transaction, so your available account balance will temporarily be reduced by the amount of the temporary hold. If the authorization hold or the processing of subsequent transactions causes your account to have non-sufficient insufficient funds to pay the transaction, your account we may be subject to a charge you non-sufficient fund fee funds fees if we return the item or subject to our Overdraft policy,and overdraft fees if applicable, any overdraft protection planwe pay the item on your behalf.

Appears in 1 contract

Sources: Electronic Fund Transfer Disclosure and Agreement

Authorization Holds. An authorization hold is a temporary hold that is placed on your account Account for certain debit card transactions. The amount of the temporary hold amount may be more than the actual amount of the transaction, so your available account balance will temporarily be reduced by the amount of the temporary hold. If the authorization hold or the processing of subsequent transactions causes your account Account to have non-sufficient insufficient funds to pay the transaction, your account we may be subject to a charge you non-sufficient fund fee funds fees if we return the item or subject to our Overdraft policy,and overdraft fees if applicable, any overdraft protection planwe pay the item on your behalf.

Appears in 1 contract

Sources: Business Debit Card Agreement