Common use of ATM Card Clause in Contracts

ATM Card. If approved, you may use your card and personal identification number (PIN) in automated teller machines (ATMs) of the Credit Union, PLUS and NYCE networks, and such other machines or facilities as the Credit Union may designate. At the present time, you may use your card to: - Make deposits to your deposit accounts. - Withdraw funds from your deposit accounts. - Transfer funds from your deposit accounts. - Obtain balance information for your deposit and Line of Credit accounts. - Make point-of-sale (POS) transactions with your card and personal identification number (PIN) to purchase goods or services at POS terminals that carry PLUS and NYCE network logo(s). - Access your Quick Cash Line of Credit The following limitations on ATM Card transactions may apply: - You may make ten (10) cash withdrawals in any one (1) day. - You may make ten (10) POS transactions in any one (1) day. - For security purposes, there are other limits on the frequency and amount of transfers available at ATMs. - You may transfer up to the available balance in your accounts at the time of the transfer. - You may withdraw up to a maximum of $1,000.00 in any one (1) day, if there are sufficient available funds in your account. - See Section 2 for transfer limitations that may apply to these transactions. Because of the servicing schedule and processing time required in ATM operations, there may be a delay between the time a deposit (either cash or check) is made and when it will be available for withdrawal.

Appears in 4 contracts

Samples: Electronic Fund Transfers Agreement, Electronic Fund Transfers Agreement, Electronic Fund Transfers Agreement and Disclosure

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ATM Card. If approved, you may use your card Card and personal identification number PIN (PINPersonal Identification Number) in automated teller machines (ATMs) of the Credit Union, PLUS Union and NYCE networks, and such other machines or facilities as the Credit Union may designate. At the present time, you may use your card Card to: - Make deposits to your deposit accounts. - Withdraw funds from your deposit share and share draft accounts. - Transfer funds from your deposit share and share draft accounts. - Obtain balance information for your deposit share and Line of Credit share draft accounts. - • Deposit checks and/or cash at a Members First ATM. • Make pointPOS (Point-of-sale (POSSale) transactions with your card Card and personal identification number PIN (PINPersonal Identification Number) to purchase goods or services at POS terminals that carry PLUS and NYCE network logo(s)) designated by the Credit Union. - Access your Quick Cash Line of Credit The following limitations on the frequency and amount of ATM Card transactions may apply: - You • There is no limit on the number of cash withdrawals you may make ten (10) cash withdrawals in any one (1) day. - You may make ten (10) POS transactions withdraw up to a maximum of $600 in any one (1) day by POS or ATM transaction, if there are sufficient funds in your account. • There is no limit on the number of POS transactions you may make in any one day. - For security purposes, there are other limits on the frequency and amount of transfers available at ATMs. - You may transfer up to the available balance in your accounts at the time of the transfer. - You may withdraw up to a maximum of $1,000.00 in any one (1) day, if there are sufficient available funds in your account. - See Section 2 for transfer limitations that may apply to these transactions. Because of the servicing schedule and processing time required in ATM operations, there may be a delay between the time a deposit (either cash or check) is made and when it will be available for withdrawal.

Appears in 1 contract

Samples: Membership and Account Agreement

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