Common use of ACH and Wire Transfers Clause in Contracts

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened(“UCC”). If you send or receive a wire transferBy agreeing to this Agreement, you agree that Fedwire® Funds Service may be usedauthorize us, acting directly or indirectly on behalf of or through, any third party administrator, health care coalition, health plan carrier, or other third party carrier or payer (each a “Third Party Payer”), or any individual consumer or other person (an “Individual Payer” and collectively “Payers”), to credit or debit the account(s) listed on your Enrollment Form (the “Account” or “Accounts”) in connection with processing transactions between you and any Payer(s). Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution We may rely upon all Account information and identifying numbers provided by you on the identifying number Enrollment Form to make receive payment. We may rely on the number routing and account numbers you provided even if it identifies they identify a financial institution, person or account other than the one namednamed on the Enrollment Form. You agree to comply with all applicable laws, rules and guidelines related to electronic funds transfers, including without limitation, Article 4A of the UCC and the operating rules and regulations of the National Automated Clearinghouse Association. These rules provide, among other things, that payments made to you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-403(a) of the UCC. If we do not receive such payment, we are entitled to a refund from you in the amount credited to your Account and the Payer that originated or instructed such payment will not be considered to have paid the amount so credited. We are not required to give you any notice of debits or credits to your Accounts. We may make adjustments to your Accounts whenever a party correction or change is required. For example, if we make an error with respect to an Automated Clearing House ("ACH") entryyour Account, you agree that we may transmit correct such error immediately and without notice to you. Such errors may include, but are not limited to, reversing an entry through the ACHimproper credit to your Account, making adjustments for returned items, and you agree correcting calculation and input errors. Our right to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) make adjustments shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Actany limitations or time constraints, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.except as required

ACH and Wire Transfers. You may initiate or receive credits or debits to your account via wire transfer or ACH transfer if that service is provided by us. Electronic presentment of checks you write to a merchant is allowed under ACH regulations. This Agreement means that although you may give a paper check to a merchant, they may present that check for payment electronically via the ACH system. It is subject to Article 4A the responsibility of the Uniform Commercial Code - Funds Transfers as adopted merchant to destroy or return the item under ACH guidelines. You understand and agree that if you receive funds by wire or ACH transfer, we are not required to notify you at the state time the funds are received. The transfer will be shown in which your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement for the account is openedtransfer. If You understand and agree that if we do not receive final settlement for an ACH transfer, we may reverse the provisional credit to your account, or you send or receive will refund the amount to us. When you initiate a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is must identify the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, recipient and you identify by name and number a beneficiary financial institution, an intermediary any financial institution or a beneficiaryby name, we by account and every receiving or beneficiary institution by identifying number. Ent (and other institutions) may rely on the account or other identifying number to make payment. We may rely on numbers as the number proper identification, even if it the information you provide identifies a financial different party or institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entryAs part of our security procedures, you agree that we may transmit an entry authorize us to record telephone conversations related to the processing of wire transfers, transactions, account maintenance and collection of accounts. You authorize Ent to utilize any security procedure it deems necessary prior to completing a wire transfer. Wire transfers are governed by Federal Reserve Regulation J if the transfer is cleared through the ACH, Federal Reserve and you agree to be bound the Consumer Financial Protection Bureau (CFPB) rule governing foreign remittances. ACH transactions are governed by the rules of the National Automated Clearing House Association ("NACHA") Operating Rules Nacha). Additional information, including restrictions and Guidelinesliabilities, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. outlined in “Ent Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Union Funds Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are locatedAgreement.”

ACH and Wire Transfers. This Agreement agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you with respect to an ACH credit entry is provisional until we receive final settlement for that entryentry through a Federal Reserve Bank. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making the payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We Under the operating rules of NACHA, which are applicable to ACH transactions involving your account, we are not required to give next day notice to you of receipt of an ACH item and we will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the orderdo so. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that transmitted through one or more ACHs and which are not subject to the Electronic Fund Transfer Act, Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we this account is opened as provided by the operating rules of NACHA, which are locatedapplicable to ACH transactions involving your account.

ACH and Wire Transfers. This Agreement agreement is subject to Article 4A of the Uniform Commercial Code - Funds Code— Fund Transfers as adopted by the state in which the account is openedDistrict of Columbia. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds fund transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial xxxxx- cial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary xxxxx- cial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you You agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules automated clear- ing house association rules and Guidelinesaccept and agree to our security procedure. These rules provide, the rules of any local ACHamong other things that payments made to you, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional or originated by you, are pro- visional until we receive final settlement for that entryis made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A of the Uniform Commercial Code. If we do not receive final settlementsuch payment, you agree that we are entitled to a refund of from you in the amount credited to you in connection with the entry, your account and the party making orig- inating such payment to you via such entry (i.e., the originator of the entry) shall will not be deemed considered to have paid the amount so credited. If we receive a credit to an account you have with us by wire or ACH we are not required to give you any notice of the payment order or credit. If offered, you may authorize BFSFCU to electronically transfer (originate ACH) funds from your account(s) at another financial institution for credit to your account(s) with us. Such authorizations must be in writing and will remain in full force and effect until revoked, in writing, by you. Authorizations to originate ACH transfers to make loan payments must be received at least 10 days before the loan due date and will not be established until the next payment due date. You will be responsible for making the current loan payment. The Credit Union may provisionally credit your account for an ACH transfer before it receives final settlement for the transfer. You agree that if the Credit Union does not receive final settlement for a transfer, it may reverse the provisional credit to your account, or you will refund the amount to the Credit Union. BFSFCU provides access to domestic and international funds transfers via “eWires” through Digital Banking to members in good standing. Funds transfer requests may also be requested in person, at one of our branches, and/ or in writing. By making a funds transfer request you authorize the Credit Union to initiate the transfer of funds and charge the account indicated for the amount of such entrythe funds transfer and the wire transfer fee, as stated in our Fee Schedule. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by You acknowledge that there is an inherent risk in the transfer originator in of funds and release the orderCredit Union, its agents and its cor- respondents from all responsibility, obligation and/or costs associated with other financial institution’s actions, fees or failure to deliver funds. HoweverYou accept and understand that any fees, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations charges or com- missions levied by other banks with respect to such payments shall be construed in accordance with and governed by transac- tions are the laws responsibility of you, the state where we are locatedBeneficiary, or both.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Fund Transfers as adopted by in the state in which the account is openedof Utah. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds fund transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we we, our service providers, and every receiving or beneficiary financial institution may rely on the identifying number provided by you to make payment. We If your fund transfer instruction gives both a bank number or account number and a name, and the name identifies a different person from the bank or account owner identified by number, we, our service providers, and other banks that handle the fund transfer may still rely exclusively on the number. We have no duty to detect any inconsistency between the bank number even if it identifies a financial institution, person or account other than number and the one namedname. If you Deposits made by ACH transaction are a party subject to an Automated Clearing House ("ACH") entry, you agree that the Nacha Operating Rules and Operating Guidelines and the rules of any regional clearing houses we may transmit an entry through use from time to time (collectively, the ACH“ACH Rules”), and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating ACH Rules. The ACH Rules and Guidelinesprovide, the rules of any local ACHamong other things, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is that payments made to you, or originated by you, are provisional until we receive final settlement for that entryis made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-403(a) of the Uniform Commercial Code. If we do not receive final settlementsuch payment, you agree that we are entitled to a refund of from you in the amount credited to your Account and the party originating such payment will not be considered to have paid the amount so credited. If we receive a payment order to credit an Account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit other than as is provided in your periodic statement. When you open a Transaction Account, we will provide you with a NinjaCard® for your use in transacting on that account. You agree that we may, at our discretion and at any time, terminate your use of the NinjaCard® if we determine that your use of the card violates a term of a contract you have with us, including this Agreement, or violates an applicable law or network/industry rule. You agree that if we terminate your ability to use your NinjaCard®, or if your Transaction Account is closed, you will stop using the card and destroy it. No debit/ATM card will be issued in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are locateda Savings Account.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("“ACH"”) entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("“NACHA"”) Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Funds Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.with

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("“ACH"”) entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("“NACHA"”) Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Funds Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.rights

ACH and Wire Transfers. You may initiate or receive credits or debits to your account via wire transfer or ACH transfer if that service is provided by us. Electronic presentment of checks you write to a merchant is allowed under ACH regulations. This Agreement means that although you may give a paper check to a merchant, they may present that check for payment electronically via the ACH system. It is subject to Article 4A the responsibility of the Uniform Commercial Code - Funds Transfers as adopted merchant to destroy or return the item under ACH guidelines. You understand and agree that if you receive funds by wire or ACH transfer, we are not required to notify you at the state time the funds are received. The transfer will be shown in which your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement for the account is openedtransfer. If You understand and agree that if we do not receive final settlement for an ACH transfer, we may reverse the provisional credit to your account, or you send or receive will refund the amount to us. When you initiate a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is must identify the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, recipient and you identify by name and number a beneficiary financial institution, an intermediary any financial institution or a beneficiaryby name, we by account and every receiving or beneficiary institution by identifying number. Ent (and other institutions) may rely on the account or other identifying number to make payment. We may rely on numbers as the number proper identification, even if it the information you provide identifies a financial different party or institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entryAs part of our security procedures, you agree that we may transmit an entry authorize us to record telephone conversations related to the processing of wire transfers, transactions, account maintenance and collection of accounts. You authorize Ent to utilize any security procedure it deems necessary prior to completing a wire transfer. Wire transfers are governed by Federal Reserve Regulation J if the transfer is cleared through the ACH, Federal Reserve and you agree to be bound the Consumer Financial Protection Bureau (CFPB) rule governing foreign remittances. ACH transactions are governed by the rules of the National Automated Clearing House Association ("NACHA") Operating Rules Nacha). Additional information, including restrictions and Guidelinesliabilities, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. outlined in “Ent Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Union Wire Funds Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are locatedAgreement.”

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("“ACH"”) entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("“NACHA"”) Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Funds Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws 56 XxxxxxxxxXxxxx.xxx/XxxxxxxXxxxxxxxxXxxx 000-000-0000 International ACH Transactions. If your transaction originates from a financial agency that is outside of the state where we are locatedterritorial jurisdiction of the United States, it may be subject to additional review for compliance with the rules of the Office of Foreign Assets Control (OFAC). If additional review is required, the international ACH transaction will not be available to you until it passes final verification.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Uniforn1Commercia l Code - Funds Transfers as adopted by in the state in which the account is openedof Texas. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary intern1ediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, institution person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional PaymentPROVISIONAL PAYMENT. Credit we give you is provisional until we receive final settlement for that entry. If I f we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice INTERNATIONAL ACH TRANSACTIONS. If your transaction originates from a financial agency that is outside of Receiptthe territorial jurisdiction of the United States, it may be subject to additional review for compliance with the rules of the Office of Foreign Assets Control (OFAC). If additional review is required, the International ACH transaction will not be available to you until it passes final verification. NOTICE OF RECEIPT. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of LawCHOICE OF LAW. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located. STOP PAYMENTS. STOP PAYMENT ON CHECKS. You may stop payment on a check drawn against your account by a written order or other confirmation as allowed by us. The Stop Payment Order must describe the item or account with certainty and be received by an officer of this Bank during a banking day and at a time and in a manner that affords us a reasonable opportunity to act on it. We may in our sole discretion accept oral stop payment requests on checks. If we exercise our right to accept your oral request and you fail to confirm this request in a record or writing within 14 days, we reserve the right to cancel your request. A Stop Payment Order on a check remains in effect for six months or until we receive a record or writing revoking the Stop Payment Order, whichever occurs first. I f the item on which a Stop Payment Order has been placed has not cleared or been returned to you by the payee, you may renew the Stop Payment Order for an additional six months by providing a request to us in a record or writing within the time period the Stop Payment Order is in effect. You understand that we may accept the Stop Payment Order request from any of the authorized signers of the account regardless of who signed the check. STOP PAYMENT ON ACH DE BITS. A Stop Payment Order may be placed on either a one- time debit transfer or on a multiple debit entry transfer. I f you request a Stop Payment Order on an Electronic Check Conversion or other one-time debit transfer, we must receive the request, orally or in a record or writing, in a period of time that provides us a reasonable opportunity to act on it prior to acting on the debit entry, otherwise the Stop Payment Order shall be of no effect. I f you requested a stop payment on a multiple debit entry transfer, we must receive the Stop Payment Order, orally or in a record or writing, at least three business days before a scheduled multiple debit entry. Oral stop payment orders are binding on us for 14 calendar days only and must be confirmed by you in a record or writing within that period. A Stop Payment Order on an ACH debit will remain in effect until the earlier of I) your withdrawal of the Stop Payment Order, or 2) the return of the debit entry, or, where a Stop Payment Order is applied to more than one debit entry under a specific authorization involving a specific payee (Originator), the return of all such debits. When a stop is placed on a multiple debit entry transfer, we may require your confirmation in a record or writing stating that you have canceled your authorization for the transfer with the payee (a Stop Payment Order does not revoke authorization). The Stop Payment Order shall be governed by the provisions of the Uniform Commercial Code 4A in effect in the state in which we are located, the Electronic Fund Transfer Act (Regulation E), NA CHA Operati11g Rules, and any applicable state law. You will be charged a fee every time you request a Stop Payment Order, and for each Stop Payment Order renewal you make. A release of the Stop Payment Order may be made only by the person who initiated the stop payment request. Our acceptance of a stop payment request does not constitute a representation by us that the item has not already been paid or that we have had a reasonable opportunity to act on the request. We have a daily cutoff time by which we must receive any knowledge, notice, Stop Payment Order, set-off or legal process affecting our right or duty to pay a check. That cutoff time is one hour after the opening of your branch's banking day, following the banking day on which your branch received the check. DEATH OR INCOMPETENCY. Neither your death nor a legal adjudication of incompetence revokes our authority to accept, pay, or collect items until we know of the fact of death or of an adjudication of incompetence and have a reasonable opportunity to act on it. To the extent permitted by law, even with knowledge, we may for 10 days after the date of death, pay checks drawn on or before the date of death un less ordered to stop payment by a person claiming an interest in the account.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is openedState of West Virginia. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHANacha") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are locatedState of West Virginia.

ACH and Wire Transfers. This Agreement agreement is subject to Article 4A of the Uniform Commercial Code - Funds Code—Fund Transfers as adopted by the state in which the account is openedDistrict of Columbia. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds fund transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number num- ber to make payment. We may rely on the number even if it identifies iden- tifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you You agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules automated clearing house association rules and Guidelinesaccept and agree to our security procedure. These rules provide, the rules of any local ACHamong other things that payments made to you, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is or originated by you, are provisional until we receive final settlement for that entryis made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A of the Uniform Commercial Code. If we do not receive final settlementsuch payment, you agree that we are entitled to a refund of from you in the amount credited to you in connection with the entry, your account and the party making originating such payment to you via such entry (i.e., the originator of the entry) shall will not be deemed considered to have paid the amount so credited. If we receive a credit to an account you have with us by wire or ACH we are not required to give you any notice of the payment order or credit. If offered, you may authorize BFSFCU to electronically transfer (originate ACH) funds from your account(s) at another financial institution for credit to your account(s) with us. Such authoriza- tions must be in writing and will remain in full force and effect until revoked, in writing, by you. Authorizations to originate ACH transfers to make loan payments must be received at least 10 days before the loan due date and will not be established until the next payment due date. You will be responsible for mak- ing the current loan payment. The Credit Union may provision- ally credit your account for an ACH transfer before it receives final settlement for the transfer. You agree that if the Credit Union does not receive final settlement for a transfer, it may reverse the provisional credit to your account, or you will refund the amount to the Credit Union. BFSFCU provides access to domestic and international funds transfers via “eWires” through Online Banking to members in good standing. Funds transfer requests may also be requested in person, at one of our branches, and/or in writing. By making a funds transfer request you authorize the Credit Union to initiate the transfer of funds and charge the account indicated for the amount of such entrythe funds transfer and the wire trans- fer fee, as stated in our Fee Schedule. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by You acknowledge that there is an inherent risk in the transfer originator in of funds and release the orderCredit Union, its agents and its correspondents from all respon- sibility, obligation and/or costs associated with other financial institution’s actions, fees or failure to deliver funds. HoweverYou accept and understand that any fees, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations charges or commis- sions levied by other banks with respect to such payments shall be construed in accordance with and governed by transactions are the laws responsibility of you, the state where we are locatedBeneficiary, or both.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHANacha") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send You may initiate or receive credits or debits to your account via wire transfer or ACH (Automated Clearing House) transfer. You agree that if you receive funds by a wire or ACH transfer, the Credit Union is not required to notify you at the time the funds are received. Instead, the transfer will be shown on your periodic statement. The Credit Union may provisionally credit your account for an ACH transfer before it receives final settlement for the transfer. You agree that if the Credit Union does not receive final settlement for a transfer, it may reverse the provisional credit to your account or you will refund the amount to the Credit Union. When you initiate a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is identify either the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify recipient or any financial institution by name and number a beneficiary financial institution, an intermediary financial institution by account or a beneficiary, we identifying number. The Credit Union (and every receiving or beneficiary institution other institutions) may rely on the account or other identifying number to make payment. We may rely on you give as the number proper identification number, even if it identifies a financial different party or institution, person or account other than . Fedwire is the one namedfunds transfer system operated by the U.S. Federal Reserve Banks. If you any part of a wire is carried out by Fedwire, your rights and obligations are a party to an Automated Clearing House ("ACH") entrygoverned by Federal Reserve Regulation J. For each ACH transaction, you agree that we may transmit an entry through the ACH, and you agree transaction is subject to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACHACH operating rules in effect. The Credit Union may disregard information on any check other than the signature of the drawer and amount of the item and any magnetic encoded information. You agree the Credit Union does not fail to exercise ordinary care in paying an item solely because its procedures do not provide for sight examination of items. Since the Credit Union does not individually examine checks, it is critical for you to take care of your checks, promptly review your statements, and the rules of immediately report any other systems through which the entry is madesuspicious or unauthorized activity to us. Provisional PaymentThe Credit Union does not honor dual signature requirements on checks. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you You agree that we are entitled to a refund automated processing of the amount credited to your checks is reasonable and that you in connection with the entryaccept responsibility for preventing and reporting forgeries, alterations, and other unauthorized uses of your checks or accounts. You agree that the party making payment to you via such entry (i.e., the originator exercise of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We ordinary care will not provide you with notice of our receipt of the order, unless we are so requested require us to detect forgeries or alterations that could be detected by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are locateda person observing reason- able commercial standards.

ACH and Wire Transfers. This Agreement agreement is subject to Article 4A of the Uniform Commercial Code - Code- Funds Transfers as adopted by in the state in which the account is openedof Kansas. If you send or receive a wire transfer, you agree that the Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions transaction made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service Services is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and are every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional PaymentPROVISIONAL PAYMENT. Credit we give you is provisional until unit we receive final full settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice INTERNATIONAL ACH TRANSACTIONS. If your transaction originated from a financial agency that is outside of Receiptthe territorial jurisdiction of the United States, it may be subject to additional review for compliance with the rules of the Office of Foreign Assets Control (OFAC). If additional review is required, the International ACH transaction will not be available to you until it passes final verification. NOTICE OF RECEIPT. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of LawCHOICE OF LAW. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed constructed in accordance with and governed by the laws of the state where we are located. YOUR RESPONSIBILITY FOR BACK OF CHECK. All negotiable paper (“checks”) presented for deposit must be in a format that can be processed and we may refuse to accept any check that does not meet this requirement. All endorsements on the reverse side of any check deposited into your account must be placed on the left side of the check when looking at it from the front, and the endorsements must be placed so as not to go beyond an area located 1-1/2 inches from the left edge of the check when looking at it from the front. It is your responsibility to ensure that these requirements are met and you are responsible for any loss incurred by us for failure of an endorsements to meet this requirement. STOP PAYMENTS. You may stop payment on a check drawn against your account by a record or written order or other confirmation as allowed by us, provided that we receive the Stop Payment Order in a time and manner that gives us a reasonable opportunity to act on it. The Stop Payment Order must describe the item or account with reasonable certainty. Oral requests for a Stop Payment Order are binding on us for 14 calendar days only, and must be confirmed by you in a record or writing within that period. If the record or written confirmation is not received as specified, we will no longer be bound by your request. Upon receipt of confirmation in a record or writing, a Stop Payment Order on a check remains in effect for six months or until we receive a record or writing revoking the Stop Payment Order, whichever occurs first. If the item on which a Stop Payment Order has been placed has not cleared or been returned to you by the payee, you may renew the Stop Payment Order for an additional six months by providing a request to us in a record or writing within the time period the Stop Payment Order is in effect. A Stop Payment Order on an EFT debit will remain in effect until the earlier of 1) your withdrawal of the Stop Payment Order, or 2) the return of the debit entry, or, where a Stop Payment Order is applied to more than one debit entry under a specific authorization involving a specific payee (Originator), the return of all such debits. When a stop is placed on a multiple debit entry transfer, we may require your confirmation in a record or writing stating that you have canceled your authorization for the transfer with the payee (a Stop Payment Order does not revoke authorization). You will be charged a fee every time you request a Stop Payment Order, and for each Stop Payment Order renewal you make. You understand that we may accept the Stop Payment Order request from any of the authorized signers of the account regardless of who signed the check. A release of the Stop Payment Order may be made only by the person who initiated the stop payment request. Our acceptance of a stop payment request does not constitute a representation by us that the item has not already been paid or that we have had a reasonable opportunity to act on the request.

ACH and Wire Transfers. This Agreement agreement is subject to Article 4A of the Uniform Commercial Code - Funds Code— Fund Transfers as adopted by the state in which the account is openedDistrict of Columbia. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds fund transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial xxxxx- cial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary xxxxx- cial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you You agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules automated clearing house association rules and Guidelinesaccept and agree to our secu- rity procedure. These rules provide, the rules of any local ACHamong other things that payments made to you, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is or originated by you, are provisional until we receive final settlement for that entryis made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A of the Uniform Commercial Code. If we do not receive final settlementsuch payment, you agree that we are entitled to a refund of from you in the amount credited to you in connection with the entry, your account and the party making orig- inating such payment to you via such entry (i.e., the originator of the entry) shall will not be deemed considered to have paid the amount so credited. If we receive a credit to an account you have with us by wire or ACH we are not required to give you any notice of the payment order or credit. If offered, you may authorize BFSFCU to electronically transfer (originate ACH) funds from your account(s) at another financial institution for credit to your account(s) with us. Such authorizations must be in writing and will remain in full force and effect until revoked, in writing, by you. Authorizations to originate ACH transfers to make loan payments must be received at least 10 days before the loan due date and will not be established until the next payment due date. You will be responsible for making the current loan payment. The Credit Union may provisionally credit your account for an ACH transfer before it receives final settlement for the transfer. You agree that if the Credit Union does not receive final settlement for a transfer, it may reverse the provisional credit to your account, or you will refund the amount to the Credit Union. BFSFCU provides access to domestic and international funds transfers via “eWires” through Digital Banking to members in good standing. Funds transfer requests may also be requested in person, at one of our branches, and/ or in writing. By making a funds transfer request you authorize the Credit Union to initiate the transfer of funds and charge the account indicated for the amount of such entrythe funds transfer and the wire transfer fee, as stated in our Fee Schedule. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by You acknowledge that there is an inherent risk in the transfer originator in of funds and release the orderCredit Union, its agents and its cor- respondents from all responsibility, obligation and/or costs associated with other financial institution’s actions, fees or failure to deliver funds. HoweverYou accept and understand that any fees, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations charges or com- missions levied by other banks with respect to such payments shall be construed in accordance with and governed by transac- tions are the laws responsibility of you, the state where we are locatedBeneficiary, or both.

ACH and Wire Transfers. This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as adopted by the state in which the account is opened. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve Board Regulation J is the law that covers transactions made over Fedwire® Funds Service. When you originate a funds transfer for which Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you agree to be bound by the National Automated Clearing House Association ("NACHA") Operating Rules and Guidelines, the rules of any local ACH, and the rules of any other systems through which the entry is made. Provisional Payment. Credit we give you is provisional until we receive final settlement for that entry. If we do not receive final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Notice of Receipt. We will not provide you with notice of our receipt of the order, unless we are so requested by the transfer originator in the order. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you. Choice of Law. We may accept on your behalf payments to your account which have been transmitted, that are not subject to the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state where we are located.