Authorized Debits. Authorized debits are items that we are obligated to pay because we provided authorization at the time you initiated the transaction. Prior to posting, authorized debits will be included in your account’s Activity Today and will affect your Available Balance because they are authorized at the time of the transaction. We later receive and post the final transaction, and the final amount posted may differ from the authorized amount appearing in Activity Today. The authorized debits category also includes certain account fees. • Examples of authorized debits include ATM withdrawals, transactions initiated with your debit card, on-us checks cashed in a branch or at an ATM, withdrawals performed in a branch, and automatic funds transfers such as loan or credit card payments. • The authorized debits category also includes the following authorized account fees: BillPay Service Fees, Wire Service Fees, ATM Usage Fees, Card Reissue Fees, International Card Usage Fees, Verification of Deposit Fees, Copy Request Fees, Stop Payment Fees, and Returned Check Fees. NSF Fees for items that attempted but failed to clear the previous business day are also included in this category.
Authorized Debits. You may authorize a third party to automatically charge your account for repeat transactions by way of a pre‑authorized debit (for example, monthly utility charges, memberships and insurance premiums). If pre‑authorized debits are stopped for any reason (including because your account is closed or suspended for any reason), you are responsible for notifying the xxxxxx and paying these charges directly. If your Card or account information changes: (a) you are responsible to provide your new Card and account information to third parties to continue your pre‑authorized debits; (b) we may, but are not required to, provide your new Card and account information to third parties to continue your pre‑authorized debits; and, (c) we may, but are not required to, pay from your new account number charges that you authorized to be billed to your old account number.
Authorized Debits. You may authorize a third party to automatically debit your savings or checking account on a recurring basis to pay for goods and services or to make your loan payments.
Authorized Debits. The Borrower authorizes CIBC to debit its Operating Account for any interest, fees or other amounts that are payable by the Borrower to CIBC with respect to the Credits, as and when such amounts are payable.
Authorized Debits. The Client authorizes the Caisse centrale to debit the following amounts from its account, even if such transaction results in, or increases, an overdraft:
a. Any promissory note, any draft drawn or to be drawn in the future once it has been signed, endorsed or accepted by the Client and designated as being payable to the Caisse centrale, as well as any cheque, draft, note, xxxx of exchange, money order or payment order and other instrument which has been or shall be paid or credited to the account of the Client;
b. Any cheque in respect of which payment has been refused as well as any draft or other instrument discounted for, or deposited by, the Client which shall have been duly challenged for refusal of acceptance or default of payment;
c. Any cheque, draft, promissory note, xxxx of exchange, money order or any other payment order and other instrument which the Client promises to pay, and has been received by the Caisse centrale for its account by way of deposit, discount, collection or otherwise and which may have been lost, stolen or which cannot be located for any reason other than the negligence of the Caisse centrale;
d. Any amounts which the Client owes to the Caisse centrale and all the costs involved in their collection, including legal fees and disbursements;
e. Service fees decreed from time to time by the Caisse centrale with respect to the operation of the account of the Client and fees with respect to the Services used by the Client;
f. Any applicable taxes, as the case may be.
Authorized Debits. The Primary Cardholder is responsible for all pre-authorized debits charged to the Account, including pre-authorized debits charged to the Account by any Authorized User and including those charged to the Account after the Agreement is ended or an Authorized User Card has been cancelled, unless written notice to cancel the debit has been received by the merchant before it has been charged to the Account. If we request, you must provide us with a copy of the written notice received by the merchant. Changes to this Agreement: We may make changes to this Agreement by giving subsequent notice of the change to the Primary Cardholder with your statement or in some other way, unless advance notice is required by law. If you sign, use or activate any Card or the Account or if any Balance owing on the Account remains unpaid after the change is made, it will mean you have accepted the change.
Authorized Debits. You may authorize a merchant to automatically charge your Account for repeat Transactions by pre-authorized debit (for example, monthly utility charges, memberships and insurance premiums). If a pre-authorized debit is stopped for any reason (including because your Account is closed or suspended for any reason) or your account number changes, you are responsible for notifying the xxxxxx and paying them directly. If your account number changes, we may, but are not required to, pay charges from your new account number that you authorized billed to your old account number. You must cancel a pre-authorized debit directly with the merchant. You should check your Statement to ensure that a cancelled pre-authorized debit has been discontinued. Please contact us if they are not. If you establish a recurring bill payment or any pre-authorized debit for a payment with a merchant and your Card, account number or Card expiry date changes, you agree that we may, but we are not required to, provide that merchant with your new account number or Card expiry date using the updating service provided to us through the payment network associated with your Card. Not all payments you establish directly with a merchant are treated as a recurring bill payment. Some are treated as Purchases and some as Cash Advances. You can also contact us for more information or to find out if your Transaction is a recurring bill payment. Even when mail service is disrupted, you must continue to make payments. If appropriate, we will tell you where to do so, and where to pick up your Statement including through notices at our branches or online websites or radio, telephone or newspapers. Your Statement will be considered delivered to you on the day it is available to you for pick up, whether or not you do so. From time to time we may offer promotions for your Account including a promotional rate where the interest rate that applies to the offer is lower than your preferred annual interest rates. Promotional low rate offers may apply to Cash Advances (including Balance Transfers, Scotia Credit Card Cheques and Cash- Like Transactions) or Purchases. These promotional low rate offers may have a fee associated with them. The exact promotional low rate fee will be disclosed to you at the time the offer is made. Any promotional offer is subject to the terms of this Agreement, as modified by the terms of that promotional offer and this Agreement continues to apply to any debt incurred under a promotion...
Authorized Debits. You may authorize a third party to automatically debit your savings or checking account on a recurring basis to pay for goods and services or to make your loan payments. If the available balance in your account is not sufficient to pay the transaction amount, the Credit Union may treat the transaction as an overdraft request pursuant to the Overdraft Protection Services you elected. If you initiate a transaction that overdraws your account, you agree to make immediate payment of the overdrawn amount including any service charges or fees. In the event of repeated overdrafts, the Credit Union may terminate all services under this Agreement.
Authorized Debits. You should guard information about your account (such as your routing number and your account number) verycarefully. If you voluntarily give such information about your account to a party which is seeking to sell you goods or services, any debit to or withdrawal from your account it initiates will be deemed authorized by you. DEFINITION OF BUSINESS DAY. Business days are Monday through Friday excluding holidays. REMOTE DEPOSIT CAPTURE. Remote deposit capture ("RDC") allows you to make deposits to your account from remote locations by electronically transmitting digital images of your original paper checks, which are drawn on or payable through United States financial institutions in United States dollars to us. We may then use the digital image to create an electronic check or substitute check for collection. If you use our RDC services, if applicable, we may require you to endorse the back of the paper check to indicate that it has been remotely deposited. For example, "for mobile deposit only" or "for mobile deposit at Futurum Bank, N.A. only." DEPOSITS. Deposits may be made in a form and manner as agreed by us in our sole discretion. We are not responsible for transactions mailed until we actually receive and record them. We may in our sole discretion refuse to accept particular instruments as a deposit to your account. Other items you deposit are handled by us according to our usual collection practices. If an item you deposit is returned unpaid, we will debit your account for the item and adjust any interest earned. You are liable to us for the amount of any check you deposit to your account that is returned unpaid and all costs and expenses related to the collection of all or part of such amount from you. Funds deposited to your account, are available in accordance with the Disclosures.
Authorized Debits
