Common use of Available Balance Clause in Contracts

Available Balance. Each time you use your Card, you authorize us to reduce the value available on your Card by the amount of the transaction and any applicable maintenance fees, taxes or other charges assessed by the merchant. Transactions that exceed the remaining balance on your Card are prohibited and should be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant or the merchant uses other means to proceed with the transaction, then you agree to reimburse us for any amount in excess of the Card balance for such a transaction. You agree that we may lock or revoke the Card, without notice, if we do not receive funds from you in the full amount of the activated balance on the Card. Unclaimed Funds – Escheat. If our records show that you have not used the Card within a time period set by state law, the amount remaining on the Card may become unclaimed property subject to escheat under state unclaimed property laws. If the amount remaining on the Card becomes unclaimed property subject to a state unclaimed property law, we will be required to escheat the available balance to the state in an amount and at the time required by the state law. At that time, you will lose the ability to use the Card. If escheat occurs, you may inquire about the status of the Card funds by calling 0.000.000.0000. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchased. If you receive a credit, the credit may not be added to the available funds on the Card for seven (7) business days. You are not entitled to receive a cash refund. A credit to a zero balance Card will reinstate the Card. Disputes with Merchants. We are not responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with your Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Available Balance. Each time you use The available balance in your Cardaccount is the ending balance on the previous banking day after we have posted all transactions, you authorize us plus or minus pending transactions (such as deposits, debit card transactions or ATM withdrawals) that have not yet been posted to reduce the value available your account, and minus any holds that we have placed on your Card account. The available balance does not include (i) transactions that have not been presented for payment, such as checks that you have issued or debit card transactions that you have made that were not authorized by us for the merchant, or (ii) holds for debit card transactions that we authorized for a merchant but were released. For example, if a merchant obtains authorization on a signature-based debit card transaction, a hold will be placed on your account for the amount of the transaction and any applicable maintenance feesfor a period of three (3) business days or until the item is paid, taxes or other charges assessed by whichever occurs first. During the merchanthold period, the debit card transaction is reflected in your available balance. Transactions that exceed The debit card transaction is not reflected in your available balance after the remaining balance hold is released. You are responsible for keeping accurate records concerning transactions on your Card account and whether transactions have been presented and paid or whether the transactions are prohibited outstanding. LIABILITY - You agree, for yourself (and should the person or entity you represent if you sign as a representative of another) to the terms of this account and the schedule of charges (sometimes referred to as fees). You authorize us to deduct these charges directly from the available account balance as accrued regardless of whether such charges create an overdraft in the account. You will pay any additional reasonable charges for services you request which are not covered by this agreement. Each of you also agrees to be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant jointly and severally (individually or the merchant uses other means to proceed with the transaction, then you agree to reimburse us in solido) liable for any amount account shortage resulting from charges or overdrafts, whether caused by you or another with access to this account. Each of you authorize us to deduct these charges directly from the available account balance as accrued regardless of whether such charges create an overdraft in excess the account. You have no right to defer payment of this liability, and you are liable regardless of whether you signed the item or benefited from the charge or overdraft. This includes liability for our costs to collect the deficit including, to the extent permitted by law, our reasonable attorneys’ fees. IF YOU FURNISH TO US AN INCORRECT ACCOUNT NUMBER IN CONNECTION WITH ANY BANKING TRANSACTION OR SERIES OF BANKING TRANSACTIONS AND WE RELY ON IT, YOU AGREE TO INDEMNIFY AND HOLD US HARMLESS FROM ANY AND ALL LIABILITY, INCLUDING ATTORNEYS’ FEES, RESULTING FROM IT. DEPOSITS - We will give only provisional credit until collection is final for any items, other than cash, we accept for deposit (including items drawn “on us” and EFT deposits). Before settlement of any item becomes final, we act only as your collecting agent, regardless of the Card balance form of endorsement or lack of endorsement on the item and even though we cash or provide you provisional credit for such a transactionthe item. You agree We may reverse any provisional credit and charge your account for items that we may lock are lost, stolen, or revoke the Cardreturned, without notice, if or for which we do not receive funds from you final payment, regardless of whether such charges create an overdraft in the full amount of the activated balance on the Cardyour account. Unclaimed Funds – Escheat. If our records show that you have not used the Card within a time period set by state lawActual credit for deposits of, the amount remaining on the Card may become unclaimed property subject to escheat under state unclaimed property laws. If the amount remaining on the Card becomes unclaimed property subject to a state unclaimed property lawor payable in, we foreign currency will be required to escheat the available balance to the state in an amount and at the time required by the state law. At that time, you will lose the ability to use the Card. If escheat occurs, you may inquire about the status of the Card funds by calling 0.000.000.0000. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made exchange rate in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchased. If you receive a credit, the credit may not be added to the available funds effect on the Card for seven (7) business days. You are not entitled to receive a cash refund. A credit to a zero balance Card will reinstate the Card. Disputes with Merchantsfinal collection in U.S. dollars. We are not responsible for transactions by mail or outside depository until we actually record them. We will treat and record all transactions received after our “daily cutoff time” on a business day we are open, or received on a day we are not open for business, as if initiated on the deliverynext following business day that we are open. For daily cutoff times please refer to the section entitled “Your Ability to Withdraw Funds” (funds availability section). At our option, qualitywe may take an item for collection rather than for deposit. If we accept a third-party check for deposit, safetywe may require any third- party endorsers to verify or guarantee their endorsements, legality or endorse in our presence. Subject to the funds availability section, we reserve the right to refuse any deposit and may decline to accept any item or items deposited in the account, and shall not be liable for dishonoring any item drawn on the account and presented for payment after such determination. If any item deposited in your account is returned to us by the paying bank, the Federal Reserve, a clearing house, or other collecting agent, we are authorized to accept the return and charge the item back to your account without prior notice to you and without regard to whether the item was timely returned (e.g., within the midnight deadline). Even if an item was considered by us or you as being paid, and it is subsequently returned to us by the financial institution which it was drawn or originated, due to a claim that the item was altered, forged, unauthorized, or should not have been paid for any other reason, we may, in our discretion, accept the return and charge it back to your account, or place a hold on your account for the amount of the return item until we are satisfied as to the validity of the claim. If we are required to reimburse the Federal Government for all or any portion of benefit payments deposited into your account through direct deposit plan for any reason, you agree that we may, without prior notice, deduct the amount returned to the Federal Government from your account or from any other account you have with us, unless the deduction is prohibited by law. This right is in addition to our right of setoff and our security interest. CHECKING ACCOUNT STRUCTURE - From time to time, the balance in your account may be reclassified to minimize the amount of funds we must maintain to meet the reserve requirements of Federal Reserve Regulation D. This reclassification will occur solely on our books and will not affect FDIC insurance coverage, your account statement, your account balance or the interest, fees and features of your account. WITHDRAWALS - Signature Authority - Generally, unless clearly indicated otherwise on the account records, any of you, acting alone, who signs to open the account or has authority to make withdrawals may withdraw or transfer all or any part of the available account balance at any time. Each of you (until we receive written notice to the contrary) authorizes each other person who signs or has the authority to make withdrawals to endorse any item payable to you or your order for deposit to this account or any other aspect transaction with us. Postdated checks - A postdated check is one which bears a date later than the date on which the check is written. We may properly pay and charge your account for a postdated check even though payment was made before the date of goods the check, unless we have received written notice of the postdating in time to have a reasonable opportunity to act. The conditions and services procedures for giving a postdated check notice are the same as those contained in the stop payments section of this agreement. You agree to pay our specified fee for the handling of a postdated check or item. Checks and withdrawal rules - If you do not purchase your check blanks from us, you must be certain that we approve the check blanks you purchase from others with your Cardpurchase. All such disputes should be addressed We may refuse any withdrawal or transfer request which you attempt on forms not approved by us or by any method we do not specifically permit. We may refuse any withdrawal or transfer request which is greater in number than the frequency permitted, or which is for an amount greater or less than any withdrawal limitations. We will use the date the transaction is completed by us (as opposed to the merchants from whom date you initiate it) to apply the goods and services were purchasedfrequency limitations. If we are presented with an item drawn against your account that would be a “substitute check,” as defined by law, but for an error or defect in the item introduced in the substitute check creation process, you agree that we may pay such item. See the funds availability section for information about when you can withdraw funds you deposit. For those accounts to which our funds availability section does not apply, you can ask us when you make a deposit when those funds will be available for withdrawal. In addition, we may place limitations on the account until your identity is verified. Waivers - Even if we honor a nonconforming request, we are not required to do so later. The fact that we may honor withdrawal requests that overdraw the available account balance does not obligate us to do so later.

Available Balance. Each time you use your Card, you authorize us to reduce the value available on your Card by the amount of the transaction and any applicable maintenance fees, taxes or other charges assessed by the merchant. Transactions that exceed the remaining balance on your Card are prohibited and should be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant or the merchant uses other means to proceed with the transaction, then you agree to reimburse us for any amount in excess of the Card balance for such a transaction. You agree that we may lock or revoke the Card, without notice, if we do not receive funds from you in the full amount of the activated balance on the Card. Unclaimed Funds – Escheat. If our records show that you have not used the Card within a time period set by state law, the amount remaining on the Card may become unclaimed property subject to escheat under state unclaimed property laws. If the amount remaining on the Card becomes unclaimed property subject to a state unclaimed property law, we will be required to escheat the available balance to the state in an amount and at the time required by the state law. At that time, you will lose the ability to use the Card. If escheat occurs, you may inquire about the status of the Card funds by calling 0.000.000.0000. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchased. If you receive a credit, the credit may not be added to the available funds on the Card for seven (( 7) business days. You are not entitled to receive a cash refund. A credit to a zero balance Card will reinstate the Card. Disputes with Merchants. We are not responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with your Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Available Balance. Each time We use an available balance method to determine whether there are sufficient funds in your account to pay an item or to authorize a transaction with your debit card. Item includes all orders or instructions for the payment, transfer, or withdrawal of funds from an account. Examples of items are a check that is presented to us for payment, a payment order or instructions sent to us via ACH (called an "ACH entry"), and a debit card transaction that a merchant submits to us for payment. The available balance reflects the funds in your account that are available to spend. The available balance might be lower than the total account balance because of holds that we have placed on the funds in your account. We might place a hold on funds in your account for a variety of reasons. Two of the most common reasons for a hold on funds in your account are: (1) we have authorized a debit card transaction, but the transaction has not posted; and (2) you have deposited a check or other item but it has not yet cleared. For example, you have $100 in your account and you use your Carddebit card for a $30 transaction at a merchant. When we authorize the debit card transaction, you authorize us to reduce the value available we will place a $30 hold on your Card by account. This hold will show up on your transaction history as a pending transaction. Your available balance is $70. When the amount of merchant submits the transaction to us, we will post the transaction and any applicable maintenance fees, taxes or other charges assessed by the merchantit will no longer be pending. Transactions that exceed the remaining balance on your Card are prohibited When a debit card transaction is authorized and should be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant or the merchant uses other means to proceed with you complete the transaction, then the merchant will usually submit it within several days. But sometimes a merchant will authorize a transaction but never submit it for payment. For example, when you agree check in to reimburse us for any amount in excess of a hotel, the Card balance for such hotel asks you to provide a transactioncredit or debit card to cover incidental expenses (e.g., room service, long-distance calls) or damage to the room. You agree provide your debit card, and the hotel tells you that it will be authorizing $200 to cover possible expenses or charges. When we may lock or revoke authorize the Card, without notice, if we do not receive funds from you in the full amount of the activated balance on the Card. Unclaimed Funds – Escheat. If our records show that you have not used the Card within a time period set by state law, the amount remaining on the Card may become unclaimed property subject to escheat under state unclaimed property laws. If the amount remaining on the Card becomes unclaimed property subject to a state unclaimed property lawtransaction, we will be required to escheat the place a $200 hold on your account. This means that your available balance to the state in an amount and at the time required by the state law. At that time, you will lose the ability to use the Card. If escheat occurs, you may inquire about the status of the Card funds by calling 0.000.000.0000. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchasedreduced by $200. If you receive a creditdo not incur any additional expenses or charges during your stay, the credit may hotel will not submit a transaction for payment. After a certain number of days, we will release the hold and the $200 will be added back to your available balance. If you incur $100 in charges, the available funds on the Card hotel will submit a transaction for seven (7) business days. You are not entitled to receive a cash refund. A credit to a zero balance Card will reinstate the Card. Disputes with Merchants$100. We are not responsible for will post a $100 transaction to your account, and $100 will be added back to your available balance when we release the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with your Card. All such disputes should be addressed to the merchants from whom the goods and services were purchasedhold.

Available Balance. Each time you use your Card, you authorize us to reduce the value available on your Card by the amount of the transaction and any applicable maintenance fees, taxes or other charges assessed by the merchant. Transactions that exceed the remaining balance on your Card are prohibited and should be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant or the merchant uses other means to proceed with the transaction, then you agree to reimburse us for any amount in excess of the Card balance for such a transaction. Negative Balance. You acknowledge and agree that we may lock or revoke the value available in your Card is limited to the funds that have been loaded to your Card on your behalf. Each time you use your Card, without noticeyou authorize us to reduce the value available in your Card by the amount of the transaction and any applicable fees. You may not initiate transactions exceeding the available balance in your Card Nevertheless, if we do not receive funds any fees, transaction fees from merchants or other activity cause your Card to have a negative balance, you in agree to pay us immediately for the full amount of the activated negative balance on the without further demand. We do not offer an overdraft or other credit feature with this Card. Unclaimed Funds – EscheatWe may deduct the negative balance owing from any current or future funds loaded to your Card or any other account you activate or maintain with us. If our records show that you have not used the your Card within has a time period set by state law, the amount remaining on the Card may become unclaimed property subject to escheat under state unclaimed property laws. If the amount remaining on the Card becomes unclaimed property subject to a state unclaimed property lawzero or negative balance, we will be required to escheat the available balance to the state in an amount and may, at the time required by the state law. At that timeour option, you will lose the ability to use the Card. If escheat occurs, you may inquire about the status of the cancel your Card funds by calling 0.000.000.0000without notice. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchased. If you receive a credit, the credit may not be added to the available funds on the Card for seven (7) business days. You are not entitled to receive a cash refund. A credit to a zero balance Card will reinstate the Card. Disputes with Merchants. We are not responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with your Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Available Balance. Each time you use your Card, you authorize us to reduce the value available on your Card by the amount of the transaction and any applicable maintenance fees, taxes or other charges assessed by the merchant. Transactions that exceed the remaining balance on your Card are prohibited and should be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant or the merchant uses other means to proceed with the transaction, then you agree to reimburse us for any amount in excess of the Card balance for such a transaction. You agree that we may lock or revoke the Card, without notice, if we do not receive funds from you in the full amount of the activated balance on the Card. Unclaimed Funds – Escheat. If our records show that you have not used the Card within a time period set by state law, the amount remaining on the Card may become unclaimed property subject to escheat under state unclaimed property laws. If the amount remaining on the Card becomes unclaimed property subject to a state unclaimed property law, we will be required to escheat the available balance to the state in an amount and at the time required by the state law. At that time, you will lose the ability to use the Card. If escheat occurs, you may inquire about the status of the Card funds by calling 0.000.000.0000. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchased. If you receive a credit, the credit may not be added to the available funds on the Card for seven (7) business days. You are not entitled to receive a cash refund. A credit to a zero balance Card will reinstate the Card. Disputes with Merchants. We are not responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with your Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.