Common use of Overdraft Privilege Service Clause in Contracts

Overdraft Privilege Service. This is a non-contractual service we provide on eligible consumer and non-consumer checking accounts for overdraft coverage. The Overdraft Privilege Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank to pay overdrafts, and we may withdraw this privilege at any time. Payment of an overdraft will continue to be at the discretion of First Bank, and payment of an overdraft does not obligate us to pay future overdrafts.

Overdraft Privilege Service. This is a non-contractual service we provide on eligible consumer and non-consumer checking accounts for overdraft coverage. The Overdraft Privilege Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank to pay overdrafts, and we may withdraw this privilege and cease paying overdrafts at any time, without prior notice of a reason or cause. Payment of an overdraft will continue to be at the discretion of First Bank, and payment paying of an overdraft does not obligate us to pay future overdrafts.