5. LIMITS OF ELECTRONIC BANKING SERVICES TRANSACTIONS

The Customer and / or the Nominated User may transfer or effect a payment for any amount subject to the provisions of paragraph 3.10 of the Terms and Conditions Governing The Use of I&M Next Generation Banking Facility provided that such transaction in respect of the Service does not cause the balance in the Deposit Account to fall below the prescribed minimum balance of the Deposit Account or exceed the limit of any overdraft facility extended and approved by the Bank in respect of a Deposit Account)unless the Customer has a separate term Deposit Account duly pledged with the Bank to cover excesses that may arise in the affected Deposit Account from time to time in which event the said Deposit Accounts must be linked in the System for that purpose and the said transaction cannot cause the excess balance in the affected Deposit Account to exceed the amount pledged in the term Deposit Account.