Member FDIC P.O. Box 195115 San Juan PR 00919-5115
Right to Draw Against Deposited Items (Regulation CC) / Funds Availability Policy.
This policy establishes the time it will take for deposits to your account to be available to you for withdrawal. All capitalized
terms not defined herein have the meanings ascribed to such terms in the Personal Banking Services Agreement
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Your Ability to Withdraw Funds
Our policy is to delay the availability of certain funds deposited in your account. During the delay period, you may not
withdraw the funds in cash, and the Bank will not use such funds to pay the checks you have written. Details of the fund's
availability are explained below.
TYPE OF DEPOSIT
WHEN FUNDS WILL BE AVAILABLE
WHEN FUNDS ARE AVAILABLE,
IF THE DEPOSIT IS MADE ON
MONDAY, WITH NO HOLIDAYS
Cash, electronic transfers, electronic direct
deposits to your account, and checks
drawn on Oriental Bank
Funds are available on the same day we
receive the deposit.
Monday
US Treasury checks
On the first business day after the day of
your deposit.
Tuesday
Federal Reserve Bank checks, Federal
Home Loan Bank checks, and US Postal
Service Money Orders
On the first business day after the day of
your deposit, if the deposit was made with the
special deposit slip available at the Branch.
Tuesday
State and local government checks from
PR or USVI or any governmental agencies
or municipalities, Cashier's, Certified and
Teller's checks.
On the first business day after the day of
your deposit, if the deposit was made with the
special deposit slip available at the Branch.
Tuesday
Checks
PR: Route/Transit Numbers 0215, 2215
USVI: Route/Transit Numbers 0216, 2216
$225 on the first business day after the day
of your deposit.
Remaining funds on the second business
day after the day of your deposit.
Tuesday
Wednesday
Other checks
(Not detailed above)
$225 on the first business day after the day
of your deposit.
Remaining funds on the third business day
after the day of your deposit.
Tuesday
Thursday
Determining the Availability of Funds
The delay period depends on the type of deposit you make and is counted in business days from the day of your deposit.
Every day is a business day except Saturdays, Sundays, and federal holidays (business day).
If your deposit consists of several checks, only $225 will be made available on the first business day after the day of your
deposit, not $225 from each check deposited. Longer delays may apply. *
If you make a deposit at one of our branch tellers during our banking hours on a business day, we will consider your
deposit as received on that same business day.
Rev. 11/22
Member FDIC P.O. Box 195115 San Juan PR 00919-5115
Right to Draw Against Deposited Items (Regulation CC) / Funds Availability Policy.
Deposits Made Through our Automated Teller Machines (ATMs) or Live Tellers (ITMs)
Deposits Larger Than $5,525
Oriental Bank can delay the availability of any amount exceeding $5,525. If the sum of all deposits made on one day exceeds
$5,525, the first $5,525 will be available according to the table above. Any excess over $5,525 will be available as detailed
herein:
• Checks with next business day availability: funds will be available on the first business day after the day of deposit.
• PR checks route and transit 0215 / 2215 and USVI checks route and transit 0216 / 2216: funds will be available on
the second (2nd) business day after the day of deposit.
• Other checks (not detailed above): funds will be available on the third (3rd) business day after the day of deposit.
These rules do not apply to cash deposits, electronic transfers, direct deposit payments, and checks drawn on an Oriental
Bank account.
Special Rules for New Accounts
If you are a new customer, the following special rules will apply during the first 30 days your Account is open:
• Funds received through direct deposit will be available the same business day these are received.
• Funds from cash deposits, wire transfers, and the first $5,525 of deposits made on cashier's, certified, teller's,
travelers, and state and local government checks from PR or USVI or any governmental agencies or municipalities
will be available on the first business day after the day of your deposit if you comply with certain conditions, for
example, your deposit is completed using the special deposit slip. The excess of over $5,525 will be made available
by the sixth (6th) business day after the day of your deposit.
• If these check(s), except for a US Treasury check, are not deposited in person, through one of our branch tellers,
using the special deposit slip, the first $5,525 may be available on the second (2nd) business day after the day of
your deposit.
• The funds of all remaining checks will be available no later than the sixth (6th) business day after the day of your
deposit.
*Longer Delays May Apply
Funds you deposit by check may be delayed for a longer period under the following circumstances:
• We believe a check you deposit will not be paid.
• You deposit checks totaling more than $5,525 on any day; the exception applies to the portion of your deposit in
excess of the first $5,525.
• You deposit a check that has been returned unpaid.
• You have overdrawn your account repeatedly in the last six months; or
• There is an emergency, such as a failure of communications/computer equipment or an emergency beyond Oriental
Bank's control. We will notify you if we delay your ability to withdraw funds for any of the reasons detailed above,
and we will tell you when the funds will be available. Generally, the funds may be available no later than the sixth
(6th) business day after the day of your deposit.
Check deposits made on or before 9:00 PM on a business day will be considered as received on the same business day.
Check deposits made after 9:00 PM on a business day, or on a Saturday, Sunday, or federal holiday, will be considered as
received on the next business day. Longer delays may apply.*
Rev. 11/22
