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38 <br />Commercial Savings Accounts <br /> <br />Bank’s Right to Require Notice. <br />Bank has the right to require seven (7) days’ written notice before Company <br />withdraws money from Company’s Negotiable Order of Withdrawal (NOW) <br />or savings Account. <br /> <br />Regulation D savings account transaction and other limited activity <br /> <br />Regulation D and Bank limit certain types of withdrawals and transfers from a <br />Federal savings or money market account to a combined total of six (6) per <br />monthly statement period (exceptions to the statement period may apply): <br /> <br />Limited by Regulation D:- <br />• Transfers by phone using Bank’s automated banking service or <br />speaking with a banker on the phone <br />• Transfers or payments through online, mobile, and text banking <br />(including bill pay) <br />• Transfers to a checking account for overdraft protection coverage <br />• Preauthorized transfers and withdrawals (including recurring and one <br />time) <br />• Payments to third parties such as checks, drafts, or similar <br />transactions (counted when they are posted to the account and not <br />when they are written) <br />• Debit or ATM card purchases that post to the savings or money <br />market account <br /> <br />Limited by Bank: <br />• Transfers and payments to Wells Fargo credit cards, lines of credit, <br />and loans <br />• Wires whether made in person, on the telephone, or online <br /> <br />Not limited: <br />Except wire transfers as described above, there is no limit on withdrawals or <br />transfers made in person at an ATM or a Wells Fargo banking location or on <br />any types of deposits. <br /> <br />An excess activity fee is assessed for transactions exceeding the limits stated <br />above. If the limit is exceeded on more than an occasional basis, Bank may be <br />required to close or convert the savings or money market account to a <br />checking account, which would discontinue any overdraft protection it might <br />be providing to another account, or close the account. If the withdrawal and <br />6.1.D. - Page 80