Automatic Replenishment Funding Clause Samples

Automatic Replenishment Funding. You may pre-authorize transfers from your linked Funding Source into an Allowance Account or Debit Card Account, in the form of automatic replenishment funding (“Autofund”). Once you enable Autofund, these authorizations will remain in full force and effect until you notify Jassby by e-mail at ▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ that you wish to revoke them. If you choose to enable Autofund, each time your Allowance Account or Debit Card Account balance falls below the pre-set balance of your choosing, we will automatically transfer funds from your Funding Source (assuming there are available funds in the Funding Source) in the amount you establish into your Allowance Account or Debit Card Account. You agree to hold Jassby harmless for any expenses, including fees, incurred as a result of there being insufficient funds associated with your linked Funding Source. Except as otherwise required by Applicable Law, funds transferred via Autofund may not be immediately available and are subject to the restrictions and limitations set forth in this Agreement, including but not limited to, all applicable fees and transaction limits on your Allowance Account or Debit Card Account. You may also consult your monthly statement or contact customer support to see if the funds have been transferred to your Allowance Account or Debit Card Account.