Common use of Day of Deposit Clause in Contracts

Day of Deposit. If we receive a deposit before 3:00 PM MT on a Business Day, we will consider that Business Day to be the day of your deposit. However, if we receive a deposit after 3:00 PM MT or on a non-Business Day, we will consider that the deposit was made on the next Business Day.

Appears in 4 contracts

Sources: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement