Daily Deposit Limits Clause Samples

The Daily Deposit Limits clause sets a maximum amount of funds that can be deposited into an account within a single day. This limit may apply to individual transactions or the total sum of all deposits made during the day, and can vary depending on account type or user status. By establishing these boundaries, the clause helps prevent fraud, manage risk, and ensure compliance with regulatory requirements.
Daily Deposit Limits. The aggregate daily deposit limit includes deposits made through MyDeposit and Mobile MyDeposit Services and is subject to change at any time, with or without notice.
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Daily Deposit Limits. We reserve the right to establish daily deposit limits, either in the number of Items or deposit amounts, and may elect to accept or reject an item for exceeding such limits. We reserve the right to change any daily deposit limit at any time upon notice to you, which shall be effective immediately.
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Daily Deposit Limits. The total amount of Check Images Bank will accept on any 1 day cannot exceed
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Daily Deposit Limits. The aggregate daily deposit limit using the MyDeposit Business Service is established by SAFE Credit Union and subject to change at any time, with or without notice. The maximum aggregate daily deposit limit for MyDeposit Business Service per business day is referenced on the MyDeposit Business Enrollment Confirmation letter provided to you upon approval of the service. Based on your account relationships with SAFE, you may qualify for immediate access to a portion of your deposits per business day. Refer to Funds Availability section within this Agreement for additional details.
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Related to Daily Deposit Limits

  • Tenant Deposits All tenant and licensee security deposits collected and not applied by Seller (and interest thereon if required by law or contract) shall be transferred or credited to Purchaser at Closing. As of the Closing, Purchaser shall assume Seller’s obligations related to tenant and licensee security deposits, but only to the extent they are credited or transferred to Purchaser.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)

  • Initial Deposits On the Closing Date and on each Addition Date thereafter, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the Closing Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such date.

  • Security Deposit Account If applicable law or a Lender requires a segregated account of Tenant security deposits, Property Manager will open a separate account at a reputable bank or other financial institution. Property Manager may return such deposits to any Tenant in the ordinary course of business in accordance with the terms of the applicable Lease.

  • Utility Deposits Seller shall receive a credit for the amount of deposits, if any, with utility companies that are transferable and that are assigned to Purchaser at the Closing.