Common use of Overdraft Protection Transfers Clause in Contracts

Overdraft Protection Transfers. You may enroll and authorize us to make transfers of available funds automatically from your eligible Savings or other Share Account to cover overdrafts in your checking account. Transfers from your Savings Account are made in the exact amount of the overdraft. Each transfer counts as one of the six (6) limited transactions you are allowed each month from your Savings Account. 6. If you do not have sufficient available credit on your Overdraft Line of Credit or the funds in your Savings Account are not sufficient to pay the overdraft on your checking account, then the item causing the overdraft will be returned or the transaction denied. If you decline to utilize any of the optional overdraft protection plans, and there are insufficient available funds in your checking account to pay an item, your items will not be paid, they will be returned. Transfers will appear on your periodic statements for each applicable account.

Appears in 1 contract

Sources: Account Agreement

Overdraft Protection Transfers. You may enroll and authorize us to make transfers of available funds automatically from your eligible Savings or other Share Account to cover overdrafts in your checking account. Transfers from your Savings Account are made in the exact amount of the overdraft. Each transfer counts as one of the six (6) limited transactions you are allowed each month from your Savings Account. 6. If you do not have sufficient available credit on your Overdraft Personal Line of Credit or the funds in your Savings Account are not sufficient to pay the overdraft on your checking account, then the item causing the overdraft will be returned or the transaction denied. If you decline to utilize any of the optional overdraft protection plans, and there are insufficient available funds in your checking account to pay an item, your items will not be paid, they will be returned. Transfers will appear on your periodic statements for each applicable account.

Appears in 1 contract

Sources: Account Agreement

Overdraft Protection Transfers. You may enroll and authorize us to make transfers of available funds automatically from your eligible Savings or other Share Account to cover overdrafts in your checking account. Transfers from your Savings Account are made in the exact amount of the overdraft. Each transfer counts as one of the six (6) limited transactions you are allowed each month from your Savings Account. 65. If you do not have sufficient available credit on your Overdraft Line of Credit or the funds in your Savings Account are not sufficient to pay the overdraft on your checking account, then the item causing the overdraft will be returned or the transaction denied. If you decline to utilize any of the optional overdraft protection plans, and there are insufficient available funds in your checking account to pay an item, your items will not be paid, they will be returned. Transfers will appear on your periodic statements for each applicable account.

Appears in 1 contract

Sources: Business Account Agreement