Common use of Card and Debit Card Transactions Clause in Contracts

Card and Debit Card Transactions. You may use an ATM card or a Debit Card for deposits, for withdrawals, and to verify Account balances. Xxxxxx also use a Debit Card to purchase goods and services from merchants that participate in certain EFT networks and have agreed to accept your card as a means of payment. If you have a Debit Card with the Mastercard logo, you may purchase goods and services from merchants that accept Mastercard and make withdrawals from your linked BECU Checking or Savings Account at other financial institutions participating in the Mastercard program. You may set recurring payments or store your Debit Card information with merchants. When you are issued a new Debit Card, your new Debit Card details and information may be provided to those merchants via Mastercard’s Automatic Billing Updater (ABU). BECU reserves the right to terminate or suspend, or reinstate, the functioning of the ABU service at BECU’s discretion for any reason whatsoever, at any time, and without prior notice to Debit Card holders. If you wish to opt out of the ABU service and to block all participating merchants or debiting parties from receiving your new Debit Card information, please call us at 000-000-0000. Your opt-out request will be completed within 5 to7 business days after receipt.

Appears in 10 contracts

Samples: Trust Account Opening Request, Trust Account Opening Request, Trust Account Opening Request

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Card and Debit Card Transactions. You may use an ATM card or a Debit Card for deposits, for withdrawals, and to verify Account balances. Xxxxxx Youmay also use a Debit Card to purchase goods and services from merchants that participate in certain EFT networks and have agreed to accept your card as a means of payment. If you have a Debit Card with the Mastercard logo, you may purchase goods and services from merchants that accept Mastercard and make withdrawals from your linked BECU Checking or Savings Account at other financial institutions participating in the Mastercard program. You may set recurring payments or store your Debit Card information with merchants. When you are issued a new Debit Card, your new Debit Card details and information may be provided to those merchants via Mastercard’s Automatic Billing Updater (ABU). BECU reserves the right to terminate or suspend, or reinstate, the functioning of the ABU service at BECU’s discretion for any reason whatsoever, at any time, and without prior notice to Debit Card holders. If you wish to opt out of the ABU service and to block all participating merchants or debiting parties from receiving your new Debit Card information, please call us at 000-000-0000. Your opt-out request will be completed within 5 to7 business days after receipt.

Appears in 2 contracts

Samples: Trust Account Opening Request, Trust Account Opening Request

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