Common use of Daily Limits Clause in Contracts

Daily Limits. No single payment can exceed $750 on any Business Day and the total amount of all payments that you make on any given Business Day cannot exceed $1,500 to all banks and $1,500 to PayPal. Cutoff Times. In order for a payment instruction to be considered received by us, it must be received before 9 p.m. Payment instructions received after 9 p.m. on a Business Day or on a day that is not a Business Day will be considered received on the next Business Day.