Common use of Cash Access Clause in Contracts

Cash Access. You may not use the Virtual Account to obtain cash from an Automated Teller Machine (“ATM”) or at a Point-of-Sale (“POS”) device or by any other means. You may not load funds to the Virtual Account. Only the Program Manager may load funds to the Virtual Account. You will have access to the funds immediately once the Virtual Account is activated. The Virtual Account is not reloadable after the initial load. Personal checks, cashiers’ checks, and money orders sent to the Issuer are not an acceptable form of loading. All checks and money orders sent to the Issuer for Virtual Account loading will be returned unless the full amount may be applied towards a negative balance, in which case the check or money order may or may not be loaded to the Virtual Account at the discretion of the Issuer. The maximum value of the Virtual Account is restricted to $1,000.00.

Appears in 2 contracts

Samples: Virtual Accountholder Agreement, Cardholder Agreement

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Cash Access. You may not use the Virtual Account to obtain cash from an Automated Teller Machine (“ATM”) or at a Point-of-Sale (“POS”) device or by any other means. You may not load funds to the Virtual Account. Only the Program Manager may load funds to the Virtual Account. You will have access to the funds immediately once within twenty-four (24) hours after the Virtual Account is activatedload. The Virtual Account is not reloadable after the initial loadloading. Personal checks, cashiers’ cashier’s checks, and money orders sent to the Issuer are not an acceptable form of loading. All checks and money orders sent to the Issuer for Virtual Account loading will be returned unless the full amount may be applied towards a negative balance, in which case the check or money order may or may not be loaded to the Virtual Account at the discretion of the Issuer. The maximum value of the Virtual Account is restricted to $1,000.00.500.00. These are the limits associated with loading the Virtual Account: Load(s) from Program Manager $20.00 - $500.00

Appears in 2 contracts

Samples: Virtual Account Holder Agreement, Virtual Account Holder Agreement

Cash Access. You may not use the Virtual Account to obtain cash from an Automated Teller Machine (“ATM”) or at a Point-of-Sale (“POS”) device or by any other means. You may not load funds to the Virtual Account. Only the Program Manager may load funds to the Virtual Account. You will have access to the funds immediately once the Virtual Account is activatedreceived. The Virtual Account is not reloadable after the initial load. Personal checks, cashiers’ checks, and money orders sent to the Issuer are not an acceptable form of loading. All checks and money orders sent to the Issuer for Virtual Account loading will be returned unless the full amount may be applied towards a negative balance, in which case the check or money order may or may not be loaded to the Virtual Account at the discretion of the Issuer. The maximum value of the Virtual Account is restricted to $1,000.00.

Appears in 1 contract

Samples: Virtual Accountholder Agreement

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Cash Access. You Because you will not receive a physical card, you may not use the Virtual Account to obtain cash from an Automated Teller Machine (“ATM”) or at a Point-of-Sale (“POS”) device or by any other means. You may not load funds to the Virtual Account. Only the Program Manager may load funds to the Virtual Account. You will have access to the funds initial load immediately once the Virtual Account is activatedafter activation. The Virtual Account is not reloadable after the initial loadloading. Personal checks, cashiers’ cashier’s checks, and money orders sent to the Issuer are not an acceptable form of loading. All checks and money orders sent to the Issuer for Virtual Account loading will be returned unless the full amount may be applied towards a negative balance, in which case the check or money order may or may not be loaded to the Virtual Account at the discretion of the Issuer. The maximum value of the Virtual Account is restricted to $1,000.00.

Appears in 1 contract

Samples: Cardholder Agreement

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