Common use of Overdraft Transactions Covered Clause in Contracts

Overdraft Transactions Covered. The following types of overdrafts may be covered under Courtesy Pay: checks, debit-card purchases if you have provided the required opt-in, online or other electronic funds transfers, ACH debits and automatic loan payments or withdrawals authorized by you, account service charges, preauthorized drafts, and any other items that may be posted to your account. We reserve the right to pay any checks or items in the order they are presented or received and in accordance with our normal operating procedures for such checks, items, or transactions.

Appears in 3 contracts

Sources: Membership and Account Agreement, Membership & Account Agreement, Membership and Account Agreement

Overdraft Transactions Covered. The following types of overdrafts may be covered under Courtesy Pay: checks, debit-card purchases if you have provided the required opt-inpurchases, online or other electronic funds transfers, ACH debits and automatic loan payments or withdrawals authorized by you, account service charges, preauthorized drafts, and any other items that may be posted to your account. We reserve the right to pay any checks or items in the order they are presented or received and in accordance with our normal operating procedures for such checks, items, or transactions.

Appears in 1 contract

Sources: Business Membership & Account Agreement