What are the limitations on frequency and dollar amounts of transactions?
| Transaction Type | Maximum Frequency and/or Amount Limitations |
|---|---|
| Maximum balance in account at any time | $75,000 (including Teen Accounts) |
| Direct deposits of Automated Clearing House(“ACH”) transfers initiated from an outside financial institution* | No limit to the number of times per calendar day and no maximum dollar limit |
| Card purchases (signature & PIN) | $2,500 per calendar day. No limit to the number of times |
| Cash deposits via third party money transfer services** |
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| ACH transfers to the account initiated using the mobile app or website*** |
|
| Cash withdrawal (ATM) |
|
| Cash withdrawal (over the counter) |
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| Account to Account transfer | $3,000 per calendar day. |
From time to time, Suvi may increase or decrease the limits or add additional limits to your account, including the card, for security, risk or other reasons.
| Transaction Type | Maximum Frequency and/or Amount Limitations |
|---|---|
| Maximum transfer from Primary Account and Friends | $2,000 per calendar day. No limit to the number of times. |
| Direct deposits of Automated Clearing House (“ACH”) transfers initiated from an outside financial institution* | No limit to the number of times per calendar day and no maximum dollar limit |
| Card purchases (signature & PIN) | $1,000 per calendar day. No limit to the number of times. |
| Cash withdrawal (ATM) |
|
| Cash withdrawal (over the counter) |
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| * Your account number and bank routing number may be used for the purpose of initiating direct deposits to your Account. The recipient’s name on any direct deposit(s) Bank receives must match the name of the accountholder. Any direct deposits received in a name other than the name registered to the Account may be returned to the originator. | |
IMPORTANT: IF YOUR ACCOUNT NUMBER CHANGES, YOU MUST IMMEDIATELY NOTIFY THE DEPOSITOR OF FUNDS. YOU MUST PROVIDE THEM WITH THE NEW ACCOUNT NUMBER TO ENSURE THAT THE FUNDS ARE PROPERLY CREDITED TO YOUR ACCOUNT AND THAT DIRECT DEPOSIT ACTIVITY CONTINUES UNINTERRUPTED.