I understand and agree that, for purposes of deposits made using the Services, the place of deposit is Philadelphia, PA. With regard to the availability of deposits made using the Services, such funds will be available as set forth below:
In accordance with Federal Regulation CC we need to inform you of our policy regarding your rights to draw funds against deposits you have made to any transaction account at our institution. Our funds availability policy is outlined below:
Our general policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit. In some cases, we may delay your ability to withdraw funds. Then, the funds will generally be available no later than the 7th business day after the day of your deposit.