Point - of - sale
pre-authorized debit transactions (automated payments, such as a monthly gym membership)
Not exact matches
Transactions within your approved limit are covered — pre-authorized debits such as your mortgage, car or insurance payments, domestic and foreign ABM withdrawals Interac ® e-transfers, Point of Sale purchases, cheques issued and transactions you may complete at an
Transactions within your approved limit are covered —
pre-authorized debits such as your mortgage, car or insurance payments, domestic and foreign ABM withdrawals Interac ® e-transfers, Point of Sale purchases, cheques issued and
transactions you may complete at an
transactions you may complete at an HSBC Branch.
Federal regulations, however, limit (i) third party
transactions (e.g., checks, drafts and
debit card purchases), (ii)
pre-authorized or automated transfers (including ACH and overdraft protection transfers); (iii) electronic transfers (including online banking or bill payment services) made by personal computer or other electronic device; and (iv) telephone transfers (including facsimile or data transmission) from your account to six per month.
For savings and money market accounts, federal regulations limit (i) third party
transactions (e.g., checks, drafts and
debit card purchases); (ii)
pre-authorized or automated transfers (including ACH and overdraft protection transfers); (iii) transfers made by personal computer (including online banking or bill payment services); and (iv) telephone transfers (including facsimile or data transmission) from your account to six per month.
Transaction Limitations: During any calendar month, You may not make more than six withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a
pre-authorized or automatic transfer or telephonic order or instruction, or by check, draft,
debit card, if applicable, or similar order to a third party.
(a) electronic
transactions (electronic funds transfers,
pre-authorized debits,
debit card
transactions, ATM
transactions or other withdrawal requests); and (b) checks, in numerical sequence with lower numbers paid first, and other payments.
It covers most everyday
transactions, including cash withdrawals,
pre-authorized payments, cheques and
debit purchases, up to your approved limit.
For HSBC Premier checking accounts, checks,
pre-authorized debits, ATM and everyday
debit card
transactions that result in an overdraft are not charged NSF or UNA fees.
Important Notice: By Federal regulation, savings accounts are limited to a combined total of six of the following
transactions per calendar month: checks and
pre-authorized withdrawals / transfers (online and telephone transfers, bill payments, and automatic
debits are examples of these).
Federal regulations limit (i) third party
transactions (e.g., checks, drafts and
debit card purchases); (ii)
pre-authorized or automated transfers (including ACH and overdraft protection transfers); (iii) transfers made by personal computer (including online banking or bill payment services); and (iv) telephone transfers (including facsimile or data transmission) from your account to six per month.
This includes the use of ATMs,
debit cards, direct deposits, point of sale
transactions, transfers initiated by phones and
pre-authorized withdrawals from checking or savings accounts.
For example, certain
Transactions such as
pre-authorized electronic
debits and bank fees may continue to be paid from the Account and may cause the Account to be overdrawn.
** Federal Banking Regulations restrict you to a combination of six (6) of the following types of
transactions per statement cycle: checks,
debit cards, or similar orders made payable to third parties, telephone transfers, online banking transfers,
pre-authorized debits and transfers to another account with us.
1 A «
transaction» includes cheques, withdrawals, transfers,
pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit), and
debit purchases.
You will be notified of any credit or
debit transactions of $ 50 or more (in the currency of the account) such as payroll deposits, mortgage payments,
pre-authorized debits and
debit card purchases.
Important notice: Federal regulations and the Deposit Agreement and Disclosures limit the number of the following types of withdrawals and transfers from a savings account to a total of 6 each monthly statement cycle (each month for savings accounts with a quarterly statement cycle): automatic or
pre-authorized transfers, telephone transfers, Online Banking transfers or payments, or, if checks or
debit cards are allowed on the account, check, draft and point - of - sale
transactions.