Common use of Limitations on Dollar Amounts of Transfers Clause in Contracts

Limitations on Dollar Amounts of Transfers. 1. You may transfer up to your available balance daily within your accounts at Peoples Bank. 2. Bill payments are limited as follows: • must be at least $1.00 and cannot exceed $25,000/payment • cannot exceed $25,000 in total payments per business day 3. External Transfers are limited as follows: • the lesser of your available balance or $10,000 per outgoing payment (debit) and $10,000 total debits per business day • $2,500 per incoming deposit (credit) and $2,500 total credits per business day • the total of transactions made during a calendar month cannot exceed $20,000 (debits) and $2,500 (credits)

Limitations on Dollar Amounts of Transfers. 1. You may transfer up to your available balance daily within your accounts at Peoples Bank. 2. Bill ▇▇▇▇ payments are limited as follows: • must be at least $1.00 and cannot exceed $25,000/payment • cannot exceed $25,000 in total payments per business daydaily 3. External Transfers are limited as follows: • the lesser of your available balance or $10,000 per outgoing payment (debit) and $10,000 total debits per business day • $2,500 10,000 per incoming deposit (credit) and $2,500 10,000 total credits per business day • the total of transactions made during a calendar month cannot exceed $20,000 (debits) and $2,500 20,000 (credits)