Common use of Transaction Posting Order Clause in Contracts

Transaction Posting Order. In the normal course of business, the Bank generally posts transactions during nightly processing at the end of each business day in the following order unless otherwise noted in the Transaction Posting Order Chart or section titled Helpful Transaction Posting Order Facts below. Deposits and other credits post to an account before any withdrawal or debit transactions after they are sorted from lowest to highest by dollar amount. Withdrawals and other debit transactions are separated into groups. They are then sorted within those groups from lowest to highest, generally by dollar amount or check number order. The table below shows the usual order for the most common transactions that post to an account during nightly processing. Sequence Transaction Group Order Sort Order According To 1 Deposits and Other Credits Low to High Dollar Amount 2 Chargebacks & Wire Transfers Low to High Dollar Amount 3 Internal Transfers Low to High Dollar Amount 4 In-Branch Withdrawals (with no check number) Low to High Dollar Amount 5 In-Branch Withdrawals (with a check number) Low to High Check Number 6 ATM Withdrawals Low to High Dollar Amount 7 Debit Card Transactions Low to High Dollar Amount 8 ACH Transactions (with no check number) Low to High Dollar Amount 9 ACH Transactions (with a check number) Low to High Check Number 10 Checks (with no check number) Low to High Dollar Amount 11 Checks (with a check number) Low to High Check Number 12 Other Bank Transactions Low to High Dollar Amount 13 Fees Low to High Dollar Amount 14 Account Service Charges Low to High Dollar Amount • Nightly processing occurs on regular business days (e.g. no Saturdays, Sundays or federal holidays). • Deposits and other credits post before any withdrawal or debit transactions. • Within each group, transactions with no check number will post first, sorted by dollar amount, low to high. Then, transactions with check numbers will post, in check number order, from low to high. • Overdraft fees post after each transaction that causes an account to be overdrawn. • Transactions may not be processed in the order in which they occur. • The order in which transactions post may affect the total number of fees that are incurred Deposits are not accepted by City National Bank until received at the Bank’s headquarters office in Lawton, Oklahoma, or such other processing center as the Bank may use, even though the Bank may provide you with provisional credit.

Transaction Posting Order. In Posting order is the normal course of business, the Bank generally posts order in which transactions (debits and credits) are applied to your account during nightly processing at the end of each a business day day. It is important to understand how the Bank posts items and how transaction posting order may affect your account balance. Please remember, transactions may not be processed in the following order unless otherwise noted in which they occur. Credits are deposits or transfers of money into your account. Such as: • Cash; • Check deposits made at the Transaction Posting Order Chart teller line; • Automated Clearing House (ACH) such as automated payroll deposits; and • Online banking transfers from another account. Debits are withdrawals or section titled Helpful Transaction Posting Order Facts belowtransfers of money out of your account. Deposits Such as: • Write a check; • Use your Visa Debit Card to withdraw funds or make a purchase; and other credits • Make online transfers out of your account. These transactions officially post to an your account before any withdrawal or debit transactions after they are sorted from lowest to highest by dollar amount. Withdrawals and other debit transactions are separated into groupsduring the nightly processing. They are then sorted within those groups from lowest posted in the order outlined in the Bank’s Transactions Posting Order. (See posting order chart below.) Posting order is the order in which transactions (debits and credits) are applied to highest, generally by dollar amount or check number order. The table below shows the usual order for the most common transactions that post to an your account during nightly processingprocessing at the end of a business day. It is important to understand how the Bank posts items and how transaction posting order may affect your account balance. Please remember, transactions may not be processed in the order in which they occur. Sequence Transaction Group Order Sort Order According To 1 Deposits and Other Credits Low to High Dollar Amount 2 Chargebacks & Wire Transfers Low to High Dollar Amount 3 Internal Transfers Low to High Dollar Amount 4 In-Branch Withdrawals (with no check number) Low to High Dollar Amount 5 In-Branch Withdrawals (with a check number) Low to High Check Number 6 ATM Withdrawals Low to High Dollar Amount 7 Debit Card Transactions Low to High Dollar Amount 8 ACH Transactions (with no check number) Low to High Dollar Amount 9 ACH Transactions (with a check number) Low to High Check Number 10 Checks (with no check number) Low to High Dollar Amount 11 Checks (with a check number) Low to High Check Number 12 Other Bank Transactions Low to High Dollar Amount 13 Fees Low to High Dollar Amount 14 Account Service Charges Low to High Dollar Amount • Nightly processing occurs on regular business days (e.g. no Saturdays, Sundays or federal holidays). • Deposits and other credits post before any withdrawal or debit transactions. • Within each group, transactions with no check number will post first, sorted by dollar amount, low to high. Then, transactions with check numbers will post, in check number order, from low to high. • Overdraft fees post after each transaction that causes an account to be overdrawn. • Transactions may not be processed in the order in which they occur. • The order in which transactions post may affect the total number of fees that are incurred Deposits incurred. The following examples are commonly observed groups of transactions. Each example assumes that the transactions are finalized on the date they are posted to the account (Date Posted) and that transactions are performed during the stated business day. The examples do not and are not accepted intended to describe every scenario or transaction type. They do not consider all other factors such as consumer account or transaction related fees. Other terms, conditions, or products may affect posting order, such as those imposed by City National Bank until received at the Bank’s headquarters office in Funds Availability policy. If you have additional questions or concerns about how items are posted to your account, Call us during our business hours at ▇-▇▇▇-▇▇▇-▇▇▇▇, write to us at PO Box 2009, Lawton, OklahomaOK 73502-2009, visit any CNB branch or such other processing center as log into CityNET Online Banking and use the Bank may use, even though the Bank may provide you with provisional creditsecure message or CNB chat feature. Find our customer service business hours and our branch locations at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇.