Limits and Funds Availability Clause Samples

Limits and Funds Availability. Limits may be imposed on the dollar amount or number of deposits you make through Mobile Deposit, and Bank may change such limits at any time at Bank’s discretion.

Limits and Funds Availability. Limits may be imposed on the dollar amount or number of deposits you make through Mobile Deposit, and we may change such limits at any time at our discretion. We may in our sole discretion allow certain Mobile Deposits to exceed these limits based on the institution on which the check is drawn and other risk-based factors. Any one-time or temporary increase in limits or allowed deposits does not guarantee future increases or exemptions. Your Mobile Deposit funds are generally made available as described below. However, we may in our sole discretion apply greater or lesser hold times based on the institution on which a check is drawn, the history of any accounts you have, direct deposit history and direct deposit amounts, spending activity and other risk-based factors. Limits may be further varied based on the length of time the Account is opened and Account spending activity. Check deposits made to a new Account are subject to a longer hold during the first thirty (30) days beginning on the calendar day that a deposit has successfully posted to your CRB Account.

Limits and Funds Availability. Limits may be imposed on the dollar amount or number of deposits you make through Mobile Deposit. Such limits will be disclosed to you when you access the Mobile Deposit feature using the Mobile app. We may change such limits at any time at our discretion. Limits may be changed based on the length of time the Varo Bank Account is opened and Varo Bank Account activity.

Limits and Funds Availability. Limits may be imposed on the dollar amount or number of deposits you make through Mobile Deposit, and we may change such limits at any time at our discretion. We may in our sole discretion allow certain Mobile Deposits to exceed these limits based on the institution on which the check is drawn and other risk-based factors. Any one-time or temporary increase in limits or allowed deposits does not guarantee future increases or exemptions. Your Mobile Deposit funds are generally made available as described below. However, we may in our sole discretion apply greater or lesser hold times based on the institution on which a check is drawn, the history of any Current Accounts you have, direct deposit history and direct deposit amounts, spending activity and other risk-based factors. Limits may be further varied based on the length of time the Account is opened and Account spending activity. Check deposits made to a new Account are subject to a longer hold during the first thirty (30) days beginning on the calendar day that a deposit has successfully posted to your Account. Maximum of $2,000.00 per mobile check deposit. Mobile deposits will generally be made available no later than three (3) business days from the day of deposit acceptance. Current, in its sole discretion, may make funds available sooner or may extend the hold period beyond three (3) business days based on other factors. We may decline to accept any check image you submit through Mobile Deposit at our sole discretion. You agree that you will not scan and attempt to deposit any of the following: ● Cashier’s Checks, official bank checks, or non-USPS Money Orders; ● Travelers checks; ● Starter checks or counter checks (checks from a teller window); ● Checks payable to any person or entity other than you (i.e., third-party checks and checks made payable to a business); ● Balance transfer checks; ● Checks containing alterations, illegible items, fraudulent checks, or checks that you should have known or have reason to believe were fraudulent; ● Checks that have been previously deposited at another institution via physical item, image or electronic fund transfer; ● Checks from financial institutions located outside of the U.S.; checks that are not payable in U.S. dollars; ● Checks that are more than six (6) months old; ● Checks that are post-dated, or payable on a date in the future; ● Substitute Checks (a digital reproduction of the front and back of an original check); ● Remotely created checks (a che...