Ibc Bank Deposit Account Agreement
The remaining amounts of items are always deducted from the credit available for the payment of checks and other items to your account. Current transactions are transactions that have been authorized and that the bank is required to pay, but have not yet been booked in your account. These operations include ATM withdrawals, POS (point of sale) purchases with your IBC debit card, and online transfers from IBC Bank. Therefore, the process of booking items essentially results in these types of transactions affecting your credit for accounting checks and other withdrawals on the day they are approved and not the day they are booked. The process works in such a way that the amount of an authorization, for example.B.