Common use of Next-Day Availability Clause in Contracts

Next-Day Availability. The following check deposits will be available on the business day following the banking day of deposit: • Treasury Checks (checks drawn in the United States Treasury). • U.S. Postal Service money orders, checks drawn on Federal Reserve Banks or Federal Home Loan Banks, checks drawn on state and local government, cashier's checks or certified checks provided the deposit meets all of the following conditions: o The checks must be payable to the business name registered to the Account.