![]() ![]() There is no fee for Savings Overdraft Transfer Plan. For example, we typically do not pay overdrafts if your account is not in good standing or if the overdraft amount is excessive.ģ Citizens offers two overdraft plans- Savings Overdraft Transfer Plan and Overdraft Line of Credit. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. Once you have overdrawn your account, you must bring it to a positive balance as soon as possible. We will limit to 5 the number of Overdraft Fees charged on any one business day, up to a total of $175. When we return a check or ACH transaction unpaid because your account had insufficient funds, we will not charge you a fee. IMPORTANT DETAILS ON OVERDRAFT COVERAGE: When we pay a transaction that overdraws your account, we will charge you an Overdraft Fee of $35 per item paid. Citizens Peace of Mind is available on personal checking accounts and does not apply to Overdraft Line of Credit Transfer Fees. For information on our Funds Availability Policy, please visit /overdraft or see your Personal Deposit Account Agreement. ![]() ![]() But a deposit of cash, a Citizens check, or an electronic funds transfer will generally be available to cover the transactions. For example, some deposits types such as checks drawn on a bank other than Citizens, even if made by 10:00 PM ET the next business day, are not available to cover transactions that day. This schedule helps you determine when a deposit you make will increase your available balance. All deposits are subject to our Funds Availability schedule. A deposit that only partially covers transactions or overdraft items will not result in a fee reversal. ![]() As we do not see these transactions until they are presented for payments, only you know what transactions may post to your account and how much you need to deposit. When determining the amount you need to deposit to take advantage of Citizens Peace of Mind, you can check your balance in the Citizens mobile app or Online Banking and then consider transactions that may post to your account that day - such as checks or other debits. If the available balance, excluding the overdraft fees, is positive (greater than or equal to $0) at the end of the following business day, any overdraft fees will be reversed. If your account is overdrawn, you have up until 10:00 PM ET the following business day (e.g., if your account is overdrawn at the end of the day Monday, you have until 10:00 PM ET Tuesday) to deposit enough funds to cover all of the overdraft items (minus the fees), and any additional transactions that post to the account that day. Whether a direct deposit is eligible for Paid Early is at our discretion and we cannot guarantee that you will always receive the Paid Early service.Ģ Citizens Peace of Mind®: Citizens Peace of Mind provides additional time to bring your account to a positive available balance and reverse Overdraft Fees. Benefits subject to change.ġ If you are a Citizens Personal Checking, Savings or Money Market account customer that has set up a direct deposit with a payor, you may be able to get that direct deposit up to two days early with Citizens Paid Early™. We may evaluate accounts periodically to determine qualifications and have the right to remove benefits based on failure to meet qualifications. In order to qualify or maintain Citizens Plus™, you must maintain an open and active Citizens Quest® or Citizens Private Client™ Checking account. * Citizens Plus™ benefits cannot be applied in addition to other promotional benefits or discounts that we may offer from time to time. and Clarfeld Financial Advisors, LLC (both affiliates of Citizens Bank, N.A.) are different from those offered by the bank and are subject to investment risk, including possible loss of principal. ** Please be aware that securities, insurance products, and investment advisory services offered by Citizens Securities, Inc. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |