Common use of All Transfers Clause in Contracts

All Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, the Credit Union will be liable for your losses or damages; however, there are some exceptions. For instance, we will not be liable if: • Through no fault of ours, there are not sufficient funds available to complete the transfer. • The funds in your “transfer from” account are subject to legal process, such as garnishment or attachment, or the account is subject to a pledge or security agreement. • Despite reasonable precautions that we have taken, circumstances beyond our control (such as fire, power failure, extreme weather, flood, pandemic or failure of paying agency to deliver Direct Deposit payment data) prevent the transfer. There may also be other exceptions as set forth in this Agreement or in our Account Rules and Regulations disclosures.

All Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, the Credit Union will be liable for your losses or damages; however, there are some exceptions. For instance, we will not be liable if: •  Through no fault of ours, there are not sufficient funds available to complete the transfer. •  The funds in your “transfer from” account are subject to legal process, such as garnishment or attachment, or the account is subject to a pledge or security agreement. •  Despite reasonable precautions that we have taken, circumstances beyond our control (such as fire, power failure, extreme weather, flood, pandemic or failure of paying agency to deliver Direct Deposit payment data) prevent the transfer. There may also be other exceptions as set forth in this Agreement or in our Account Rules and Regulations disclosures.