Common use of ACH Funds Transfers Clause in Contracts

ACH Funds Transfers. This section addresses Non-Consumer Accounts only. You may desire to receive an electronic transfer of funds into your account. Such transfers may be transmitted through the Automated Clearing House (“ACH”) System. Your rights and responsibilities will be governed by Maine law, including Article 4A of the Uniform Commercial Code. Credit given by your credit union with respect to these transfers is provisional until the credit union receives final settlement through a Federal Reserve Bank or otherwise has received payment. If your credit union does not receive payment for a transfer, then the credit union is entitled to a refund from you in the amount credited to you on a provisional basis, and the originator of the transfer will not be considered to have paid the amount of the entry to your account. Your credit union is not obligated by ACH rules to provide you with notice any time that it has received a transfer and made an entry to your account unless the credit union has otherwise agreed to do so. This section applies to Consumer Accounts Involving Electronic Funds Transfers. Tell us at once if you believe your card or PIN has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your card or PIN, you can lose no more than $50 if someone used your card or PIN without your permission. If you do NOT tell us within 2 business days after you learn of the loss or theft of your card or PIN, and we can prove we could have stopped someone from using your card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, PIN, or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If extenuating circumstances (such as a long trip or a hospital stay) kept you from telling us, we will extend the time for reasonable periods. Contact in the Event of Unauthorized Transfer. If you believe your card or PIN has been lost or stolen, call 000-000-0000, or write to Xxxxxxxx Federal Credit Union, 000 Xxxxxxxxx Xxxxxx, Xxxxxxxx, XX 00000. You should also call the number or write to the address above if you believe a transfer has been made using the information from your check without your permission.

ACH Funds Transfers. This section addresses Non-Consumer Accounts only. You may desire to receive an electronic transfer of funds into your account. Such transfers may be transmitted through the Automated Clearing House (“ACH”) System. Your rights and responsibilities will be governed by Maine law, including Article 4A of the Uniform Commercial Code. Credit given by your credit union with respect to these transfers is provisional until the credit union receives final settlement through a Federal Reserve Bank or otherwise has received payment. If your credit union does not receive payment for a transfer, then the credit union is entitled to a refund from you in the amount credited to you on a provisional basis, and the originator of the transfer will not be considered to have paid the amount of the entry to your account. Your credit union is not obligated by ACH rules to provide you with notice any time that it has received a transfer and made an entry to your account unless the credit union has otherwise agreed to do so. This section applies to Consumer Accounts Involving Electronic Funds Transfers. Tell us at once if you believe your card or PIN has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your card or PIN, you can lose no more than $50 if someone used your card or PIN without your permission. If you do NOT tell us within 2 business days after you learn of the loss or theft of your card or PIN, and we can prove we could have stopped someone from using your card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, PIN, or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If extenuating circumstances (such as a long trip or a hospital hospi- tal stay) kept you from telling us, we will extend the time for reasonable periods. Contact in the Event of Unauthorized Transfer. If you believe your card or PIN has been lost or stolen, call 000-000-0000, or write to Xxxxxxxx Federal Credit Union, 000 Xxxxxxxxx Xxxxxx, Xxxxxxxx, XX 00000. You should also call the number or write to the address above if you believe a transfer has been made using the information from your check without your permission.

ACH Funds Transfers. This section addresses Non-Consumer Accounts only. You may desire to receive an electronic transfer of funds into your account. Such transfers may be transmitted through the Automated Clearing House (“ACH”) System. Your rights and responsibilities will be governed by Maine law, including Article 4A of the Uniform Commercial Code. Credit given by your credit union with respect to these transfers is provisional until the credit union receives final settlement through a Federal Reserve Bank or otherwise has received payment. If your credit union does not receive payment for a transfer, then the credit union is entitled to a refund from you in the amount credited to you on a provisional basis, and the originator of the transfer will not be considered to have paid the amount of the entry to your account. Your credit union is not obligated by ACH rules to provide you with notice any time that it has received a transfer and made an entry to your account unless the credit union has otherwise agreed to do so. This section applies to Consumer Accounts Involving Electronic Funds Transfers. Tell us at once if you believe your card or PIN has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your card or PIN, you can lose no more than $50 if someone used your card or PIN without your permission. If you do NOT tell us within 2 business days after you learn of the loss or theft of your card or PIN, and we can prove we could have stopped someone from using your card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, PIN, or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If extenuating circumstances (such as a long trip or a hospital stay) kept you from telling us, we will extend the time for reasonable periods. Contact in the Event of Unauthorized Transfer. If you believe your card or PIN has been lost or stolen, call 000-000-0000, or write to Xxxxxxxx Penobscot County Federal Credit Union, 000 Xxxxxxxxx Xxxx Xxxxxx, XxxxxxxxXxx Xxxx, XX 00000. You should also call the number or write to the address above if you believe a transfer has been made using the information from your check without your permission.

ACH Funds Transfers. This section addresses Section Addresses Non-Consumer Accounts onlyOnly. You may desire to receive an electronic transfer of funds into your account. Such transfers may be transmitted through the Automated Clearing House (“ACH”) System. Your rights and responsibilities will be governed by Maine law, including Article 4A of the Uniform Commercial Code. Credit given by your credit union with respect to these transfers is provisional until the credit union receives final settlement through a Federal Reserve Bank or otherwise has received payment. If your credit union does not receive payment for a transfer, then the credit union is entitled to a refund from you in the amount credited to you on a provisional basis, and the originator of the transfer will not be considered to have paid the amount of the entry to your account. Your credit union is not obligated by the ACH rules to provide you with notice any time that it has received a transfer and made an entry to your account unless the credit union has otherwise agreed to do so. This section applies It’s an ATM Card… only better. SEBASTICOOK VALLEY FEDERAL CREDIT UNION X.X. XXX 00 XXXXXXXXXX, XXXXX 00000 Wouldn’t it be great if your ATM card could do even more for you? What if it allowed you to Consumer Accounts Involving Electronic Funds Transferscharge purchases against your credit union share draft account? That’s the idea behind the CU24SM Visa Check Card – the ATM card that works like a check wherever Visa debit is accepted. Tell us at once if Use the card instead of a check. Please return this application to: Where checks aren’t accepted – such as restaurants and gas stations – or when you believe don’t want to carry your card checkbook, use your CU24 Visa Check Card instead! Wherever you see the Visa debit, NYCE®, PLUS® or PIN has been lost or stolenACCEL network symbols, or if you believe that an electronic fund transfer has been made without simply present your permission using information card, and the amount of your purchase will be deducted automatically from your checkcredit union share draft account. Telephoning Get cash worldwide. The CU24 Visa Check Card is the best way your ticket to instant cash! At thousands of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your card or PINATMs worldwide, you can lose no more than $50 if someone used your use the card or PIN without your permission. If you do NOT tell us within 2 business days after you learn of the loss or theft of your card or PIN, and we can prove we could have stopped someone from using your card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, PIN, or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If extenuating circumstances (such as a long trip or a hospital stay) kept you from telling us, we will extend the time for reasonable periods. Contact in the Event of Unauthorized Transfer. If you believe your card or PIN has been lost or stolen, call 000-000-0000, or write to Xxxxxxxx Federal Credit Union, 000 Xxxxxxxxx Xxxxxx, Xxxxxxxx, XX 00000. You should also call the number or write to the address above if you believe a transfer has been made using the information make withdrawals from your credit union share and share draft accounts. Use the card to transfer funds between accounts and check without balances at the ATM, too. To use your permissionCU24 Visa Check Card at an ATM, simply follow the instructions shown on the screen.