Common use of Limits and Funds Availability Clause in Contracts

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.