Deposit Limit Clause Samples

The Deposit Limit clause sets a maximum amount that can be held as a deposit under an agreement. It specifies the upper threshold for funds that one party may require the other to provide as security, such as in a rental or service contract. By clearly defining this cap, the clause prevents excessive or arbitrary deposit demands, ensuring fairness and predictability for both parties.
Deposit Limit. The Bank reserves the right to impose limits on the amount(s) of deposits that you transmit using the Deposit services and to modify limits from time to time. If you attempt to initiate a deposit in excess of these limits, the Bank may reject your deposit. If the Bank permits you to make a deposit in access of these limits, such deposit will still be subject to the terms of this agreement, and the Bank will not be obligate to allow such a deposit at other times. Deposit limits are subject to change at any time at the Banks discretion. Daily and per item dollar limits may vary and are subject to change at the discretion of the Bank. Types of checks allowed. You agree to scan and deposit only “checks” that are made payable to the account holder: Type of checks not allowed. Foreign items, which included items drawn on foreign banks or payable in funds other than U.S. dollars, third party checks even if signed over to you, Image Replacement Documents (IRD’s), Substitute Checks, Travelers Cheques, stale dated checks, postdated checks, non-negotiable items, any item that has been re-deposited or returned, savings bonds, any item previously deposited or cashed. Image Quality. The image of an Item transmitted using Mobile Deposit must be legible and clear and provide all information on the front and back of the original Item, including a complete image of any endorsements. It must not be altered. It must capture all information from both sides of the Item. Nicolet National Bank reserves the right at its sole discretion to reject any image for deposit using Mobile Deposit.
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Deposit Limit. 23.1. Il prilciple, there is al ildividual molthly cross-provider deposit limit of a maximum of EUR 1,000 for the CUSTOMER. The CUSTOMER must set this limit whel registerilg or colfirm
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Deposit Limit. ▇▇▇▇▇▇▇ reserves the right to impose limits on the number of deposits that you transmit using the Deposit services and to modify limits from time to time. If you attempt to initiate a deposit in excess of these limits, ▇▇▇▇▇▇▇ may reject your deposit. If ▇▇▇▇▇▇▇ permits you to make a deposit beyond these limits, such deposit will still be subject to the terms of this agreement, and ▇▇▇▇▇▇▇ will not be obligated to allow such a deposit at other times. Deposit limits are subject to change at any time at ▇▇▇▇▇▇▇’s discretion. Daily and per item dollar limits may vary and are subject to change. Types of checks allowed. You agree to scan and deposit only “checks” that are made payable to the account holder: personal checks, business checks, U.S. Treasury checks, cashier’s checks and money orders; any check payable in U.S. dollars and drawn on banks in the United States. Type of checks not allowed. Foreign items, which included items drawn on foreign banks or payable in funds other than U.S. dollars, third party checks even if signed over to you, Image Replacement Documents (IRD’s), Substitute Checks, Travelers Cheques, stale dated checks, postdated checks, non-negotiable items, any item that has been re-deposited or returned, savings bonds, any item previously deposited or cashed. Image Quality. The image of an Item transmitted using Mobile Deposit must be clear and legible, capturing all information on both the front and back of the original Item, including any endorsements. The image must not be altered and must provide a complete representation of the Item. Nicolet National Bank reserves the right, at its sole discretion, to reject any image for deposit using Mobile Deposit.
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Deposit Limit. 4.1 The maximum amount of money that you may instruct us to place in any particular Deposit will be advised to you from time to time. If you instruct us to place money in a Deposit that would exceed this limit we may, at our discretion, either reject the instruction or carry out the instruction only to the extent that it would not result in you exceeding the limit.
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Deposit Limit. You may deposit multiple checks in one session. There is no limit to the number of checks you can deposit in a day. However, there is a Z10,000 per day deposit limit.
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Deposit Limit. Each check is considered a separate deposit. You can make multiple deposits in a single mobile session. The initial daily deposit limit for deposits that are electronically deposited through mobile banking is $2000. There is not a limit on the number of checks you can deposit in a day. If your check to be deposited is larger than the limits outlined above, you should contact the bank before attempting to deposit the check via the mobile device. If you attempt to initiate a deposit in excess of these limits, we may reject your deposit. If we permit you to make a deposit in excess of these limits, such deposits will still be subject to the terms of this Agreement, and we will not be obligated to allow such a deposit at other times.
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Deposit Limit. Each check is considered a separate deposit. You can make multiple deposits in a single mobile session. We may establish limits on the dollar amount and/or number of items or deposits from time to time. The initial dollar limit of a check that may be deposited electronically is $1 or greater and $1,000 or less with a $2,000 per day limit. There is a four item limit on the number of checks you can deposit in a day. If you should wish to deposit a larger check, you should contact the bank before attempting to deposit the check via the mobile device. If you attempt to initiate a deposit in excess of these limits, we may reject your deposit. Once a deposit is rejected, it may not be electronically deposited again. If we permit you to make a deposit in excess of these limits, such deposits will still be subject to the terms of this Agreement, and we will not be obligated to allow such a deposit at other times.
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Deposit Limit. 23.1. Il prilciple, there is al ildividual molthly cross-provider deposit limit of a maximum of EUR 1,000 for the CUSTOMER. The CUSTOMER must set this limit when registering or confirm al existilg cross-provider deposit li- mit. If the cross-provider deposit limit has lot ▇▇▇▇ set, participatiol il the game is lot possible. Upol request ulder the melu item coltact form ald by seldilg proof of ecolomic ca- pacity (e.g. by submittilg balk state- melts or ilcome tax proof or other proof of ilcome), the molthly deposit limit for sports bettilg cal be set to al amoult of up to EUR 10,000 per paymelts are reduced accordilgly. This also applies il case CASHPOINT has lot made clear to the customer upol makilg the bet/game, that the prizes may exceed the limit. Ulder lo circumstalces is CASHPOINT liable for the theoretic loss of prizes by the CUSTOMER caused by such reductiol.
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Deposit Limit. The Bank reserves the right to impose limits on the amount(s) of deposits that you transmit using the Mobile Deposits Service and to modify limits from time to time. If you attempt to initiate a deposit in excess of these limits, the Bank may reject your deposit. If the Bank permits you to make a deposit in excess of these limits, such deposit will still be subject to the terms of this Agreement, and the Bank will not be obligated to allow such a deposit at other times. Daily and per item dollar limits may vary and are subject to change at the discretion of the Bank.
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Related to Deposit Limit

  • Deposit Limits We reserve the right to impose limits on the amount(s) and/or number of deposits that you transmit using the Services and to modify such limits from time to time.

  • Deposit Liabilities  (a) The Deposit Liabilities of Fidelity Bank are insured by the FDIC through the Deposit Insurance Fund to the fullest extent permitted by law, and all premiums and assessments required to be paid in connection therewith have been paid when due and Fidelity Bank is 53 authorized to hold the Deposit Liabilities. Except for such liens as set forth on the Fidelity Disclosure Schedule 3.18, the Deposit Liabilities of Fidelity Bank are not subject to any lien, including without limitation any liens in favor of Fidelity Bank and are not, as of the close of business on the Closing Date, subject to court order, legal restraint, automatic stay in bankruptcy, other legal process or stop payment orders.  (b) All of the Deposit Liabilities of Fidelity Bank have been administered and originated, in compliance in all material respects with the documents governing the relevant type of deposit account and all applicable laws and regulations. The Deposit Liabilities of Fidelity Bank were opened, extended or made, and have been maintained, in accordance with all applicable federal and state laws, regulations, rules and orders, and has been operated in compliance with Fidelity Bank’s policies and procedures. No Deposit Liabilities of Fidelity Bank are maintained by a “money service business” within the meaning of regulations promulgated under the USA PATRIOT Act. None of the Deposit Liabilities of Fidelity Bank account holders are on the list of Specially Designated Nationals or Blocked Persons of the Office of Foreign Assets Control.  (c) Fidelity Bank has properly accrued interest on the Deposit Liabilities of Fidelity Bank and the records respecting the Deposit Liabilities accounts accurately reflect such accruals of interest.  (d) None of the Deposit Liabilities of Fidelity Bank are “brokered deposits” within the meaning of the rules and regulations of the FDIC; none of the Deposit Liabilities of Fidelity Bank were obtained through the Certificate of Deposit Account Registry Service or similar reciprocal placement network or through an internet listing service. None of the Deposit Liabilities of Fidelity Bank are held by Federal, State, county or other municipal governments or governmental or quasi-governmental agencies or are subject to escheat.  (e) With respect to the Deposit Liabilities of Fidelity Bank, Fidelity Bank is in material compliance with the law and Treasury Regulations relating to (i) obtaining from depositors of the Deposit Liabilities of Merchants Bank executed IRS Forms W-8 and W-9 when appropriate and (ii) reporting of interest.

  • Credit Limits We may establish a Total Credit Limit (the “Total Credit Limit”) and a Cash Advance Limit (the “Cash Advance Limit”) for you and increase or decrease such limits as we deem appropriate from time to time. Your initial Total Credit Limit and Cash Advance Limit are shown on the folded mailer containing your Card, or on the approval notice. Your Total Credit Limit and Cash Advance Limit will also appear on your Account Statement (as defined below). Your Total Credit Limit is the maximum amount of credit that you can have outstanding on your Account at any time. The Cash Advance Limit is that amount you have available for Cash Advances. The amount of credit available in your Cash Advance Limit will never exceed the amount of credit available inyour TotalCredit Limit. Without limiting the foregoing, we may reduce the amount of credit available under the Total Credit Limit or the Cash Advance Limit by the amount of any request for authorization from a merchant or financial institution even if the amount has not yet posted to the Account. You agree not to use, or allow anyone else to use, the Card or Account in any way that would cause the balance of purchases on the Card or Account, to exceed these limits. We are not under any circumstances obligated to approve any transaction or extend credit if doing so would exceed any applicable limit; but if we do, you agree to repay all charges that exceed any limits, plus other applicable Charges in accordance with the terms of this Agreement. Fees for exceeding the limits appear in the Rates and Fees section below. We may change your limits from time to time. We base that decision on a variety of factors such as your payment and transaction history with us, and information we receive from third parties,including credit reporting agencies.The amounts shown on your Statement as available credit do not take into account Purchases, Balance Transfers, Cash Advances, interest charges, fees, any other transactions, or credits which post to your Account after the Closing Date (as defined below) of that Statement. The total outstanding balance on your Account plus authorizations at any time must not be more than your Total Credit Limit. The total outstanding balance of your Cash Advances (plus authorizations) must not be more than your Cash Advance Limit. Each time you attempt a transaction which results in your applicable outstanding balance (plus authorizations) exceeding a limit, we may: (a) permit the transaction without raising your Limit; (b) permit the transaction and treat the amount of the transaction that is more than the limitasimmediately due; or(c) refusetopermitthetransaction. If we refuse to permit the transaction, we may advise the person who attempted the transaction that ithas been refused. If we refuse to permit a Bank Card Check, we may do so by advising the person presenting the Bank Card Check that credit has been refused, that there are insufficient funds to pay the Bank Card Check, or in any other manner. In the event you exceed any limit, we may elect to set your APRs for Purchases and Cash Advances to different Penalty APRs. We will provide you with a minimum of forty-five (45) days advance notice.

  • 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.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (▇▇▇) ▇▇▇-▇▇▇▇. This does not apply to transactions occurring outside the United States.