External Transfer Amount Limits Sample Clauses
The External Transfer Amount Limits clause sets maximum thresholds on the amount of money that can be transferred to or from an account via external transfers. Typically, this clause specifies daily, weekly, or per-transaction caps, and may differentiate between incoming and outgoing transfers or between different types of accounts. By establishing these limits, the clause helps manage risk, prevent fraud, and ensure compliance with regulatory requirements.
External Transfer Amount Limits a. External Transfer To/From Your Own Account(s)
b. External Transfer To Someone Else’s Account
External Transfer Amount Limits. A one-time future dated or recurring External Transfer scheduled to be initiated on a weekend or non-bank business day will be initiated on the next business day and is subject to the same terms and conditions as any other External Transfer initiated through the External Transfer Service.