Common use of Bank to Bank Transfers Clause in Contracts

Bank to Bank Transfers. If you enroll in our Bank to Bank Transfer Service you may use the Service to initiate One-Time Future Transfers and Recurring Transfers to or from a checking or statement savings account with us to or from a checking or savings account that you own at another financial institution. You must link your checking or savings accounts to the Service and then register both those linked accounts with us and your checking or savings accounts at the other financial institution with the Bank to Bank Transfer Service in order to initiate Bank to Bank Transfers between them. We will assess you a Bank to Bank Transfer Fee for each Outbound Transfer that you initiate through the Bank to Bank Transfer Service. There is no fee for Inbound Transfers that you initiate through the Bank to Bank Transfer Service. See our separate Fee Schedule for the current amount of the Transfer Fee. Person to Person Payments (Popmoney Payment Service): If you enroll in our Popmoney Payment Service you may use the Service to initiate a one-time transfer of funds from a checking account with us to a third party. Outbound and Inbound Payments may be initiated through the e-Payment Payment Service under Popmoney. You must link your checking account to the Service and then register such account with the e-Pay Service in order to initiate Popmoney payments from such account(s). We will assess you a fee depending on the Popmoney Service chosen. See our separate Fee Schedule for more information about Popmoney fees.

Bank to Bank Transfers. If you enroll in our Bank to Bank Transfer Service you may use the Service to initiate One-Time Immediate Transfers, One-Time Future Transfers and Recurring Transfers to or from a checking or statement savings account with us to or from a checking or savings account that you own at another financial institution. You must link your checking or savings accounts to the Service and then register both those linked accounts with us and your checking or savings accounts at the other financial institution with the Bank to Bank Transfer Service in order to initiate Bank to Bank Transfers between them. We will assess you a Bank to Bank Transfer Fee of $3.00 for each Outbound Transfer that you initiate through the Bank to Bank Transfer Service. There is no fee for Inbound Transfers that you initiate through the Bank to Bank Transfer Service. See our separate Fee Schedule for the current amount of the Transfer Fee. Person to Person Payments (Popmoney Payment Service): If you enroll in our Popmoney Payment Service you may use the Service to initiate a one-time transfer of funds from a checking account with us to a third party. Outbound and Inbound Payments may be initiated through the e-Payment Payment Service under Popmoney. You must link your checking account to the Service and then register such account with the e-Pay Service in order to initiate Popmoney payments from such account(s). We will assess you a fee depending on the Popmoney Service chosen. See our separate Fee Schedule for more information about Popmoney fees.; Send Money