Common use of Automated Telephone Transfers Clause in Contracts

Automated Telephone Transfers. You may access your personal account(s) by using your Personal Access Line (PAL™) Access Code and your account number to initiate transactions using a touch-tone telephone. You may use the PAL™ system to: (1) make deposit and loan account balance inquiries; (2) transfer funds between your accounts; (3) transfer funds from your savings or checking account to pay on your line-of-credit or loan; (4) withdraw funds from your share savings account, by check, to be mailed to you at your address of record; (5) withdrawal funds via ACH Deposit to a financial institution account designated by your ACH Deposit Authorization Agreement (certain volume and dollar restrictions may apply to ACH transfers); (6) make inquiries concerning recent deposits to and withdrawals from your deposit accounts; or (7) make inquiries concerning your loan history and recent loan payments. PAL™ service is generally available 24 hours a day, seven days a week. This service may be interrupted for a short time each day for data processing. If your PAL™ withdrawal transaction is completed before 1:00 p.m., it will be processed on the same business day. If your PAL™ withdrawal transaction is completed after 1:00 p.m. or on a weekend or holiday, it will be processed on the next business day. Online EFT Services:

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Electronic Funds Transfer Agreement

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Automated Telephone Transfers. You may access your personal account(s) by using your Personal Access Line (PAL™) Access Code and your account number to initiate transactions using a touch-tone telephone. You may use the (PAL™) system to: (1) make • Make deposit and loan account balance inquiries; (2) transfer . • Transfer funds between your accounts; (3) transfer . • Transfer funds from your savings or checking account to pay on your line-of-credit or loan; (4) withdraw . • Withdraw funds from your share savings accountShare Savings Account, by check, to be mailed to you at your address of record; (5) withdrawal funds record or via ACH Deposit to a financial institution account designated by your ACH Deposit Authorization Agreement (certain Agreement. Certain volume and dollar restrictions may apply to ACH transfers); (6) make . • Make inquiries concerning recent deposits to and withdrawals from your deposit accounts; or (7) make . • Make inquiries concerning your loan history and recent loan payments. PAL™ service is generally available 24 hours a day, seven days a week. This service may be interrupted for a short time each day for data processing. If your PAL™ withdrawal transaction is completed before 1:00 p.m., it will be processed on the same business day. If your PAL™ withdrawal transaction is completed after 1:00 p.m. or on a weekend or holiday, it will be processed on the next business day. Online EFT Services:

Appears in 1 contract

Samples: uecu.org

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