Common use of Next-Day Availability Clause in Contracts

Next-Day Availability. Funds from the following deposits into your Account are available no later than the first (1st) Business Day after the date of your deposit: (a) U.S. Treasury checks that are payable to you; (b) Wire transfers; and (c) Checks drawn on Firstrust Bank. If you make the deposit in person to one of our employees, funds from the following deposits into your Account are also available no later than the first (1st) Business Day after the day of your deposit: (a) Cash deposit made after the cut-off time; (b) Checks from a state, municipality, or agency that is located in a state where we have a Branch Office and that are payable to you; (c) Cashier’s, certified, treasurer’s, and teller’s checks that are payable to you; and (d) Federal Reserve Bank checks, Federal Home Loan Bank checks, and postal money order, if these items are payable to you. If you do not make the deposit in person to one of our employees (for example, if you mail the deposit), funds from these deposits will be available no later than the second (2nd) Business Day after the Business Day on which the deposit is received.

Next-Day Availability. Funds from the following deposits into your Account are available no later than the first (1st) Business Day after the date of your deposit: (a) U.S. Treasury checks that are payable to you; (b) Wire transfers; and (c) Checks drawn on Firstrust Bank. If you make the deposit in person to one of our employees, funds from the following deposits into your Account are also available no later than the first (1st) Business Day after the day of your deposit: (a) Cash deposit made after the cut-off time; (b) Checks from a state, municipality, or agency that is located in a state where we have a Branch Office and that are payable to you; (c) Cashier▇▇▇▇▇▇▇’s, certified, treasurer’s, and teller▇▇▇▇▇▇’s checks that are payable to you; and (d) Federal Reserve Bank checks, Federal Home Loan Bank checks, and postal money order, if these items are payable to you. If you do not make the deposit in person to one of our employees (for example, if you mail the deposit), funds from these deposits will be available no later than the second (2nd) Business Day after the Business Day on which the deposit is received.