Withdrawals and Transfers from Your Account Clause Samples

Withdrawals and Transfers from Your Account. We may subtract from your Available balance the amount of any check or other Item that we receive throughout the day that you or any person you authorize created or approved. If check writing is not an available feature of your account, we will not issue you checks. If a check drawn on this type of account is presented for payment, we will not pay the check and will return it. We will not be liable for any returned check fees or charges you incur. We process transactions each Business day during a late-night process that includes three key steps, described below. We call this nightly processing. Once the transactions are processed, the results are posted to your account.

Withdrawals and Transfers from Your Account. We may subtract from your available balance the amount of any check or other transaction that we receive throughout the day that you or any person you authorize created or approved. We may require you or any person you authorize to provide us with identification, documentation, or information that’s acceptable to us before allowing the transaction. If check writing is not an available feature of your account, we will not issue you checks, and you are not permitted to write checks drawn on your account. We will not pay checks if you attempt to do so. Large Cash Withdrawals. We may place reasonable restrictions on when and how you make any large cash withdrawal. Check Cashing Death or Incompetence Truncation, Substitute Checks and Other Check Images Postdated Checks Stale-Dated Checks Stop Payments General Information. We will charge a stop payment fee for stop payment orders. Reference our Fee Schedule for current pricing. Stop Payment Orders on Checks Stop Payment Orders on Preauthorized (Recurring) ACH Debits and Electronic Funds Transfers Stopping Payment on Other Common Transactions Current Balance Available Balance If you set up your recurring or one-time bill payments or transfers through Online Banking, you can use that service to cancel pending and future payments. If you previously set up recurring account transfers in the branch, you only can cancel those pending and future transfers in the branch. Account Balance Types and Posting Transactions Understanding Account Balance Types How we post transactions to your account Your available balance may not include all of the transactions you have made. For example, your available balance may not reflect the following transactions you have made: Understanding Posting Order and Payment of Items Category Description Pending Transactions Standard Overdraft Privilege Understanding Overdrafts and Overdraft Services We pay items into overdraft at our discretion, which means we do not guarantee that we will always pay any item. Even if we have paid items into overdraft before, we are not required to do it in the future.

Withdrawals and Transfers from Your Account. We may subtract from your Available balance the amount of any check or other Item that we receive throughout the day that you or any person you authorize created or approved. If check writing is not an available feature of your account, we will not issue you checks. If a check drawn on your account is presented for payment, we will not pay the check and will return it. We will not be liable for any returned check fees or charges you incur. If we do pay a check on your account, that does not obligate us to pay future checks on your account or to allow for check writing on your account.