Immediate Availability. Cash deposited at branches, received for deposit through the mail, or deposited at ATMs before the cut-off times listed above will be available for immediate use on the day that we receive the deposit. Because we cannot process deposits made until we receive them, we strongly recommend that you do not send cash deposits through the mail. Cash deposited after the cut-off times will be available on the next Business Day after we receive the deposit. Funds from the following deposit types will be available for use on the Business Day we receive the deposit: • Federal Reserve Bank wire transfers; and • Preauthorized electronic credits. Funds from the following deposit types will be available for use on the first Business Day after we receive the deposit: • Checks. Please review the BMO Digital Banking Agreement to determine Funds Availability for Mobile Deposit. In some cases, we will not make all of the funds that you deposit by Check available to you as described above. In these cases, funds will be available on the second Business Day after we receive your deposit; however, the first $225 of your deposit will still be available on the first Business Day after we receive your deposit. If we will delay availability, we will notify you at the time you make your deposit and will tell you when the funds will be available. If your deposit is not made directly through one of our employees, or if we decide to take this action after you leave the premises, we will send you the notice no later than the day after we receive your deposit. If you need the funds from a deposit immediately, you should ask us when the funds will be available. In addition, funds you deposit by Check may be delayed for a longer period under the following circumstances: if we believe a Check you deposit will not be paid; if you deposit Checks totaling more than $5,525 on any one
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Sources: Deposit Account Agreement, Deposit Account Agreement