Common use of Inbound Transfers Clause in Contracts

Inbound Transfers. For inbound transfers, you agree that you will only attempt to register External Accounts that you own or for which you have the authority to transfer funds. Generally, inbound one-time immediate transfers established before 2:00 p.m. Eastern Standard Time post the next business day. Immediate transfers established after the cutoff time post in two business days. While the Credit Union will make all reasonable efforts to ensure your transfer requests are processed in a timely manner, the Credit Union expressly reserves the right to hold funds beyond the periods set forth in this section.

Appears in 2 contracts

Sources: Digital Banking Agreement, External Transfers Service Agreement

Inbound Transfers. For inbound transfers, you agree that you will only attempt to register External Accounts that you own or for which you have the authority to transfer funds. Generally, inbound one-time immediate transfers established before 2:00 4:00 p.m. Eastern Standard Time post the next business day. Immediate transfers established after the cutoff time post in two business days. While the Credit Union will make all reasonable efforts to ensure your transfer requests are processed in a timely manner, the Credit Union expressly reserves the right to hold funds beyond the periods set forth in this section.

Appears in 1 contract

Sources: Digital Banking Agreement