Common use of Limitations on Transactions Clause in Contracts

Limitations on Transactions. How an EFT May Affect Your Account Balance We may charge or restrict your Designated Account for a debit EFT at the time you authorize the transaction, at the time we receive notice of the transaction or on the day the transaction is presented to us for payment, whichever is earlier. We count a transaction as having occurred when it is received by us in the Pacific time zone at local time. We may place a hold on your account for the amount of the transaction, which will reduce the available balance in the account. This hold may differ from the amount of the transaction that is charged to your account. If we place a hold on your account and the transaction is charged to your account before the hold expires, the available balance in the account may be reduced by the amount of the transaction as well as the amount of the hold. We are not responsible or liable to you if a transaction is rejected, declined or otherwise not processed to your account because a hold placed on a prior transaction has not expired, or if the amount of the hold placed for a reported transaction exceeds the amount of the actual transaction charged to your account. Limitations on Dollar Amounts of Transfers We may establish daily or other limits on the number and dollar amount of transactions that you may originate by use of your Check Card, ATM Card, or our City National Online or Mobile Banking services. Your CNB Check Card and ATM Card limits will be disclosed to you separately. We may change these limits from time to time. Transaction amounts conducted using your Check Card or your ATM Card are limited to the available balance in your Designated Account plus your available overdraft protection, if any, and are subject to further limitations as stated below. We reserve the right to limit the dollar amount of City National Online and Mobile Banking EFTs, including bill payments. See the City National Online® Access Agreement & Disclosure and Mobile Banking Services End User Agreement. Limitations on Types and Frequency of Transfers  You shall not use our EFT services for any illegal transaction, including, but not limited to, illegal Internet gambling.  You may not use our EFT services to initiate transactions to or in certain countries where, by reason of federal law or regulation, restrictions apply to monetary transactions conducted in or through the country. Transactions you attempt to conduct in such countries may be blocked. When planning to travel abroad, you may call us at (▇▇▇) ▇▇▇-▇▇▇▇ to determine the countries where restrictions currently apply.  We reserve the right to limit the types and frequency of City National Online and Mobile Banking EFTs. See the City National Online® Access Agreement & Disclosure and Mobile Banking Services End User Agreement.  Federal regulations limit the total number of the following types of withdrawals or transfers from a savings or money market account to six (6) per monthly statement period: • Check • Overdraft protection transfer • Debit card or ATM card purchase or payment • Preauthorized transfer to another payee or institution, including ACH or wire transfer • City National Online, Business Online, Treasury Net, or EASI Link payment or transfer • Mobile Banking payment or transfer • Automatic transfer to another City National Bank deposit account • Telephone transfer There is no limit to the number of the following types of transactions: • In-person transaction • Transaction made at an ATM • Automatic transfer to make a City National Bank loan payment • Deposit of any kind into account For more information on this transaction limitation and any fees associated with exceeding the limitation, refer to our Fee Schedule. To request a copy, contact your Relationship Manager or a Client Representative at your branch. Refer to our Fee Schedule brochure for Personal Products and Services, or for Account Analysis for Personal and Business Accounts, as applicable, for information about fees associated with EFTs. If you need another copy of this brochure, contact your Relationship Manager of call us at (▇▇▇) ▇▇▇-▇▇▇▇. When you use an ATM not owned by us, you may be charged a fee by the ATM operator and by CNB. You may be charged a fee for a balance inquiry even if you do not complete an EFT. Refer to the applicable Fee Schedule. permission. Telephoning is the best way of keeping your possible losses down. Refer to "Your Liability" below.