Accounts Affected Clause Samples
The "Accounts Affected" clause defines which financial accounts or records are subject to the terms of the agreement. It typically specifies the particular accounts, such as bank accounts, escrow accounts, or ledgers, that will be impacted by the contract's provisions, and may outline how transactions, credits, or debits should be handled within those accounts. This clause ensures clarity by precisely identifying the scope of accounts involved, thereby preventing disputes over which accounts are governed by the agreement.
Accounts Affected. Each of the following types of accounts in the credit union can be subject to some kind of electronic fund transfer service:
Accounts Affected. Each of the following types of MSUFCU accounts can be affected by some kind of electronic funds transfer service: Holiday/Vacation Savings Account
Accounts Affected. Each of the following types of MSUFCU accounts can be affected by some kind of electronic funds transfer service:
Accounts Affected. (Choose a. or choose one or more of b. through f.):
a. [X] All Accounts.
b. [ ] Elective Deferral Accounts (Pre-tax and ▇▇▇▇) and Employee Contributions.
c. [ ] All Nonelective Contribution Accounts.
d. [ ] All Matching Contribution Accounts.
e. [ ] All Rollover Contribution and Transfer Accounts.
f. [ ] Specify Accounts:
Accounts Affected. Each of the following types of accounts in the credit union can be subject to some kind of EFT service: savings, checking, loans and lines of credit. These types of accounts are referred to in this disclosure as your ‘account(s)’.
Accounts Affected. (Choose a. or choose one or more of b. through f.):
Accounts Affected. Each of the following types of accounts in the credit union can be subject to some kind of "electronic funds transfer" services: Minimum Balance – You must always maintain a minimum balance of $5.00 in a regular savings account to be entitled to make "electronic funds transfers" affecting your account (s). We reserve the right to increase minimum balance requirements or to impose other restrictions in the future, but if we do so, we will give you at least 30 days advance written notice.
Accounts Affected. Each of the following types of accounts in the Credit Union can be subject to some kind of “Electronic Funds Transfer” service: ¡ Regular Share Account ¡ Share Draft Account ¡ Money Market Checking Account ¡ Silver Share Account ¡ Gold Share Account ¡ Holiday Club Account ¡ Loan Line of Credit These types of accounts are sometimes referred to in this Agreement as “asset account(s)” or simply as your “account(s).” You have previously designated which of your account(s) you want to be subject to a particular type of Electronic Funds Transfer service. You may change those instructions in the future, and we will follow your new wishes to the extent our Electronic Funds Transfer programs permit at that time.
Accounts Affected. Each of the following types of accounts in the credit union can be subjected to some kind of “electronic fund transfer” service: Share Savings, Christmas Club Savings, Vacation Club Savings, Draft/Checking Accounts, and Loan Accounts. These type of accounts are sometimes referred
Accounts Affected. Each of the following types of OU Credit Union accounts can be affected by some kind of electronic fund transfer service: Holiday/Vacation Savings Account