Db 17 00346 Dec2017 Bank Natl-AcntAgrmnts dm
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- Bu səhifədəki naviqasiya:
- Times for When Check Cash Deposits Will Be Considered Received
- Day of Receipt Next Business Day
- Receipt
- Day of Receipt Next Business Day (ii) Wire Transfers
- (16) STOP PAYMENT ON CHECKS
- Type of Deposit Funds Availability
- Other Checks First $200 of the deposit Remainder of the deposit
- Electronic and Cash Deposits
29 28 totaling $15,000 or more on any one Business Day, we will generally make up to $15,000 available to you no later than the first Business Day after the date of deposit, and the remainder available on the second Business Day after the date of deposit. However, we reserve the right to place an extended hold on any deposit amount of $5,000 or more. • If you deposit special checks (U.S. postal money orders, Federal Reserve Bank, Federal Home Loan Bank, cashier’s, official, certified, teller, and state and local government checks) totaling more than $5,000 on any one Business Day in person to one of our employees at the Branch, we will generally make $5,000 available the first Business Day after the date of deposit, and the remainder available on the fifth Business Day after the date of deposit. • If you deposit other checks totaling more than $5,000 on any one Business Day in person to one of our employees at the Branch, we will generally make $200 available the first Business Day after the date of deposit, up to another $4,800 available the second Business Day after the date of deposit, and the remainder available on the fifth Business Day after the date of deposit. • If you deposit special checks (U.S. postal money orders, Federal Reserve Bank, Federal Home Loan Bank, cashier’s, official, certified, teller, and state and local government checks) or other checks totaling more than $5,000 on any one Business Day not in person to one of our employees at the Branch, we will make $200 available the first Business Day after the date of deposit, up to another $4,800 available the second Business Day after the date of deposit, and the remainder available on the fifth Business Day after the date of deposit. • A check you redeposited was previously returned unpaid. • You have overdrawn your Discover Account repeatedly in the last six (6) months. • You have multiple deposits returned in your Account over the immediately preceding 90-day period. • We have been notified that the deposited check has been lost or damaged in collection. • We suspect fraudulent or other unusual activity on your Account. • The deposited check is post-dated or has an expired date. • The routing number on the deposited check is not a current routing number. • There are erasures or other apparent alterations on the deposited check. • An emergency, such as failure of computer or communication equipment, has occurred. We will notify you if we delay your ability to withdraw funds for any of the reasons set forth in this Section 15(a)(ii), and we will tell you when the funds will be available. The funds will generally be available no later than the seventh (7th) Business Day after the date of your deposit.
(i) Funds from ACH credit transfers and wire transfers initiated at an external bank to your Discover Bank Account (i.e., funds being sent to Discover) will be available for withdrawal on the Business Day we receive the deposit. (ii) Funds from ACH transfers initiated at Discover Bank to be withdrawn from your external bank account and deposited to your Discover Bank Account are generally available within four (4) Business Days after the date your request is initiated. The availability of funds from ACH transfers initiated at Discover Bank from your external bank account to be sent to your Account at Discover Bank, may be delayed for a longer period of time (up to 10 Business Days) to ensure that the funds have cleared the external bank from which the funds were obtained and under circumstances including, but not limited to, the following: • You are a new customer • We suspect fraudulent, illegal or other unusual activity on your Account. • You have overdrawn your Account repeatedly in the last six (6) months. • You have multiple deposits returned in your Account over the immediately preceding 90-day period. (c) Cash Deposits Do not deposit cash through the mail. For cash deposits that are not made in person to one of our employees at the Branch, your funds will be available no later than the first Business Day after the date of your deposit. If you make a cash deposit in person to one of our employees at our Branch, your funds will be available no later than the day we receive the deposit.
The following chart describes the longer holds that may apply to the Accounts of new customers during the first 30 days after your Account is opened: 31 30
Deposits Will Be Considered Received Mailed to our deposit processing center (checks only) By 12pm ET on a Business Day After 12pm ET on a Business Day or any time on a Non- Business Day Receipt__Next_Business_Day'>Day of Receipt Next Business Day At Branch ATM By 2pm ET on a Business Day After 2pm ET on a Business Day or any time on a Non- Business Day
In Person made to one of our employees at Branch By 6pm ET Business Day of Receipt Via Mail to Branch (checks only)
Made through the Branch Night Depository Box Between midnight and 8am ET on a Business Day Between 9am ET and midnight or any time on a Business Day Day of Receipt Next Business Day (ii) Wire Transfers Wire transfers received before 4pm Eastern Time on a Business Day are considered received on the Business Day we receive them. Wire transfers received after 4pm Eastern Time on a Business Day are considered received on the next Business Day. See Section 14(b)(i) for additional information. (16) STOP PAYMENT ON CHECKS You may stop payment on a check drawn on your Checking Account or Money Market Account in person at our Branch, by calling us or by sending a written request to us. A stop payment order may apply to either a continuous range of checks or a single check. A stop payment order will be effective if we receive the stop payment order at such time and in such manner that we have a reasonable opportunity to act upon the request. The stop payment order is effective for six (6) months from the date you ordered the stop payment. To make a stop payment order, you must provide us with your Discover account number, the check amount, and/or the number and, if available, the payee name. Our acceptance of a stop payment order will not constitute a representation that the check has not already been paid or that we have a reasonable opportunity to act upon the order. Further, you may not stop payment on a check after we have paid the check. We will assess a Stop Payment Fee for each stop payment order received. IF WE FAIL TO STOP PAYMENT ON A CHECK FOR WHICH A TIMELY REQUEST IS MADE, OUR LIABILITY IS LIMITED TO THE FACE AMOUNT OF THE CHECK. If you would like to re-new the stop payment after the effective period of six (6) months, you must call us, come into the Branch or send us a written request. See Section 27 for information on stop payment orders for preauthorized transfers.
Checks drawn on Discover Bank No later than the first Business Day after the date of your deposit U.S. Treasury Checks First $5,000 of
No later than the first Business Day after the date of your deposit No later than the seventh Business Day after the date of your deposit Special Check Types (U.S. postal money orders, Federal Reserve Bank, Federal Home Loan Bank, cashier’s, official, certified, teller, and state and local government); not made in person to one of our employees at the Branch First $200 of the deposit Next $4,800 of the deposit Remainder of the deposit No later than the first Business Day after the date of your deposit No later than the second Business Day after the date of your deposit No later than the seventh Business Day after the date of your deposit Special Check Types (U.S. postal money orders, and Federal Reserve Bank, Federal Home Loan Bank, cashier’s, official, certified, teller, state and local government and travelers checks); made in person at the branch First $5,000 of the deposit Remainder of the deposit No later than the first Business Day after date of your deposit No later than the seventh Business Day after the date of your deposit
No later than the first Business Day after the date of your deposit No later than the seventh Business Day after the date of your deposit
electronic deposits does not change for new customers and is set forth in Sections 15(b) and 15(c) above.
The following chart describes when items are determined to have been received by Discover:
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