| Frequency
|
When each transfer
will occur
|
| Weekly
|
On the same day of the week as the first transfer
date. For example, if the first transfer is set up for a Monday, the
transaction will take place every Monday for the number of occurrences
specified. If Monday is not a business day, the recurring transfer will
take place on the previous Friday.
|
| Every two weeks |
On the same day of the week as the first transfer
date. For example, if the first transfer is set up for a Monday, the transaction will take place every
other Monday for the number of occurrences specified.
|
| Twice monthly |
The same number of days after
the 1st or 15th of the month as the first transfer date.
For example, if the first transfer date is set up for
the 3rd (2 days after the 1st), the next transfer will
occur on the 17th (2 days after the 15th). Or, if the
first transfer date is set up for the 16th (1 day after
the 15th), the next transfer will occur
on the 2nd of the next month (1 day after the
1st). If the next transfer date falls after the last business day of the month, then the last
business day of the month will be used.
|
| Every Month |
On the same date of the month as the first
transfer date. For example, if the first transfer is set
up for the 3rd, the transaction will take place on the 3rd of
every month for the number of occurrences specified.
|
| Every Two Months |
On the same
date of the month as the first transfer date, every
other month. For example, if the first transfer is set
up for the 3rd, the transaction will take place on the 3rd day of every
other month for the number of occurrences specified.
|
| Every Three Months |
On the same
date of the month as the first transfer date, every third month. For example, if
the first transfer is set up for the 3rd,
the transaction will take place on the 3rd day of every
third month for the number of occurrences specified.
|
| Every Four Months |
On
the same date of the month as the first transfer date, every fourth month.
For example, if the first transfer is set up for
the 3rd, the transaction will take place on the 3rd
day of every fourth month for the number of
occurrences specified.
|
| Twice a year |
On the same
date of the month as the first transfer
date, every six months. For example, if the first
transfer is set up for March 3rd, the next transaction
will take place on September 3rd, and every six months for the
number of occurrences specified.
|
| Once
a year |
On the same date
of each year as the first
transfer date. For example, if the first transfer is set
up for May 1st, the transaction will take place on
May 1st the next year and each year for the number of
occurrences specified.
|
| Only once |
Only once on the
transfer date specified. Note that the number of
occurrences must be 1 if the selected frequency is Only
Once.
|
