Common use of Cutoff Time Clause in Contracts

Cutoff Time. Online requests to transfer funds to or from your Secured Account must be received by us by 2:00 PM Eastern Time on a Business Day to be initiated on that Business Day. Online transfer requests received by us after 2:00 PM Eastern Time or on a day that is not a Business Day generally will be initiated on the next Business Day.

Appears in 1 contract

Sources: Step Visa Card and Secured Account Agreement

Cutoff Time. Online requests to transfer funds to or from your Secured Account via ACH (i.e., both deposits and withdrawals) must be received by us by 2:00 PM Eastern Time on a Business Day to be initiated on that Business Day. Online transfer requests received by us after 2:00 PM Eastern Time or on a day that is not a Business Day generally will be initiated on the next Business Day.

Appears in 1 contract

Sources: Deposit Account Agreement