IntraBank Transfers. Transfers between my account with Highlands Independent Bank and account(s) held at other financial institutions (IntraBank Transfers) are accomplished through an automated clearing house (ACH) debit against the account funds are being transferred from and an ACH credit to the account(s) funds are being transferred to.


a) Account Designation. In order to be accessible by CONSUMER ACCESS, accounts maintained at other financial institutions (foreign accounts) must be either a checking or a savings account and must be titled the same as the account maintained at Highlands Independent Bank. I must provide the name of the financial institution, the account number, and a routing number. In most cases, I will need to submit a canceled or voided check or deposit slip.
b) Funds Availability. Funds from IntraBank transfers will be available for withdrawal in accordance with the funds availability policy of the institution(s) holding the account that received the funds. Generally, the account holding institution will receive the funds no later than two business days following the Scheduled Initiation Date. IntraBank Transfers scheduled after 2:00 p.m. or on a weekend or holiday will have a Scheduled Initiation Date of, and thus will be initiated on, the following Highlands Independent Bank business day.
c) Dollar Limitations. There is a per transaction dollar limit of $5,000.00 (or the available balance in my designated funding account) on an Intra Bank transfer, debit or credit. With no more than 5 per day for a maximum of $5,000.00 per day. The monthly maximum is 20 transactions for a total dollar amount for the month of $20,000.00.
d) Transfer Limitations. Except as provided herein, Transfers to and from an account are subject to the terms and conditions applicable to such account as set forth in the account agreement governing such account. With respect to interest bearing accounts, I may not make more than six transfers or withdrawals per month to another account of mine or to third parties, when these transfers are made by means of a preauthorized or automatic transfer, or telephonic agreement, order or instruction.
e) Available Funds Required. All Transfers initiated through CONSUMER ACCESS are subject to there being sufficient funds available in the affected account to cover the transfer on the Scheduled Initiation Date or earlier.
f) Authorization to Charge Accounts. I authorize you to charge my primary checking account for any transactions accomplished through the use of CONSUMER ACCESS, including the amount of any Transfer that I make. I authorize you to transfer funds according to the instructions you receive if the instructions are received from me through CONSUMER ACCESS. I authorize you to initiate any reversing entry or reversing file and to debit my accounts at Highlands Independent Bank or elsewhere, in order to correct any mistaken credit entry.