Db 17 00346 Dec2017 Bank Natl-AcntAgrmnts dm
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- Bu səhifədəki naviqasiya:
- (b) Checks (i) Domestic Checks
- (e) Cutoff Times
- Business Day or any time on a Non Business Day
- Received after 2pm ET on a Business Day or any time on a Non Business Day
- ET on a Business Day
- Received between 9am ET and midnight on a Business Day or anytime on a Non Business Day
- (c) Initial Funding Withdrawal
- (d) Early Withdrawal Penalty
17 16 These losses include, but are not limited to, all related costs, expenses and reasonable attorney fees (including the cost of any attorney employed by us). (vii) You may use the Branch Night Depository Box for Money Market and Savings Account deposits only. All deposits must be in a sealed envelope or bag. Night deposits are processed during Business Days. Deposits made between 9am ET and midnight will be processed the next Business Day. Deposits made between midnight and 8am ET will be processed the same Business Day. Credit card payments and loan payments are NOT accepted through the Night Depository Box. Any credit card payments or loan payments received in the Night Depository Box will not be processed and will be returned to you. (b) Checks (i) Domestic Checks • To avoid returned checks, please make sure checks submitted for deposit are payable to you and properly endorsed by all parties. • We reserve the right to reject all third party checks. • You may be eligible to deposit checks using your mobile phone. Mobile check deposits are subject to the Discover Bank Mobile Check Deposit Service User Agreement Addendum provided during first use of the service. • If you deposit a check that is returned to us unpaid, we will deduct the amount of the returned check from your Account balance. • If you deposit a check that is returned for insufficient or uncollected funds, we may re-present the check for payment a second time without notice to you. At our discretion, the check may be re-presented electronically by us.
(ii) Foreign Checks • We reserve the right to refuse items payable in foreign currency or drawn on a foreign bank located outside the United States (“Foreign Item”). • If we accept a Foreign Item, we may accept it for collection only and you bear all risks associated with the collection of the item, including any fees associated with collection and any exchange rate risk. • We may not credit funds from a Foreign Item to your Account until the first Business Day after we receive final payment for such funds from the paying bank. • The Funds Availability policy set forth in Section 15 does not apply to Foreign Items. The paying institution determines if and when it will pay a Foreign Item that we accepted for collection.
If any check deposited to your Account does not have your endorsement, we may endorse it for you or treat the check as if you had endorsed it. We are not bound by any conditional or restrictive endorsement on a check you cash or deposit, or any endorsement made “without recourse.” (d) CDs After a CD is opened and funded, additional deposits are not allowed. For renewing CDs, deposits are only allowed on the maturity date and during the Grace Period (as defined in Section 19, below).
The following chart describes the cutoff times for posting deposit transactions to your Account:
Will Post: Day of Receipt Will Post: Next Business Day
Will Post: Day of Receipt Will Post: Next Business Day
Will Post: Day of Receipt
Will Post: Day of Receipt Will Post: Next Business Day
See Section 3 and Section 5(a). (b) Principal If you withdraw all or part of the amount of your initial deposit or the amount of your renewed deposit in the case of a renewed CD (“Issue Amount”) from your CD except at maturity or during the Grace Period (as defined in Section 19) and except as provided in Sections 3(iii) and 24(c), we may assess an Early Withdrawal Penalty.
You may withdraw funds from a non-IRA CD only after seven (7) days from the date of initial funding. If you request to withdraw funds sent to us via ACH or wire transfer within sixty (60) days of the initial funding, the funds will be returned to the same account from which the funds were sent to us to be deposited into the new CD.
(d) Early Withdrawal Penalty An Early Withdrawal Penalty, as outlined in Section 36 will be assessed if you withdraw funds from your CD before the Maturity Date. Yüklə 7,06 Mb. Dostları ilə paylaş:
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