Common use of Charges for Electronic Fund Transfers Clause in Contracts

Charges for Electronic Fund Transfers. We do not charge for direct deposits to any type of account. We do not charge for pre-authorized withdrawals from any type of account. Refer to the current Rate and Fee Schedule for any electronic fund transfer charges. 1. Accounts and Uses of ATM/VISA Check Card: I/We have the account(s) (including such share draft checking and/or share savings) which the Credit Union set forth on my application form. I/We hereby request that the Credit Union issue to me/us one or more ATM/VISA Check Cards to be used in connection with such accounts as described in this agreement. a. I/We understand that I/we may use my/our ATM/VISA Check Card with my/our Personal Identification Number (PIN) at a STAR or CIRRUS Automated Teller Machine (ATM) and any ATM bearing the VISA logo to: i. Withdraw cash from my/our account(s); ii. Effect transfers to and from my/our account(s); iii. Make deposits to my/our account(s); and/or iv. Receive information regarding the balance in my/our account(s). b. I/We further understand that I/we may use the ATM/VISA Check Card at any retail establishment (Merchant) where VISA debit cards are accepted (VISA Check Card only) to purchase goods and services and/or obtain cash where permitted by the Merchant (Purchase). i. If I/we use my/our ATM/VISA Check Card to make a Purchase, I/we shall be requesting the Credit Union to withdraw funds in the amount of such Purchase (including any cash received from the Merchant) from the primary transaction account designated on my/our application form and directing or ordering the Credit Union to pay such funds to the Merchant. ii. I/We acknowledge that the PIN is not used in a VISA point-of-sale purchase, and therefore I/we agree to take all reasonable precautions that no one else has access to my/our VISA Check Card.

Charges for Electronic Fund Transfers. We do not charge for direct deposits to any type of account. We do not charge specifically for pre-authorized withdrawals from any type of accounthowever some business accounts may be subject to overall transaction limits. Refer to the current Rate and Fee Schedule for any electronic fund transfer charges. 1. Accounts and Uses of ATM/VISA Check Card: I/We have the account(s) (including such share draft checking and/or share savings) which the Credit Union set forth on my application form. I/We hereby request that the Credit Union issue to me/us one or more ATM/VISA Check Cards to be used in connection with such accounts as described in this agreement. a. I/We understand that I/we may use my/our ATM/VISA Check Card with my/our Personal Identification Number (PIN) at a STAR or CIRRUS Automated Teller Machine (ATM) and any ATM bearing the VISA logo to: i. Withdraw cash from my/our account(s); ii. Effect transfers to and from my/our account(s); iii. Make deposits to my/our account(s); and/or iv. Receive information regarding the balance in my/our account(s). b. I/We further understand that I/we may use the ATM/VISA Check Card at any retail establishment (Merchant) where VISA debit cards are accepted (VISA Check Card only) to purchase goods and services and/or obtain cash where permitted by the Merchant (Purchase). i. If I/we use my/our ATM/VISA Check Card to make a Purchase, I/we shall be requesting the Credit Union to withdraw funds in the amount of such Purchase (including any cash received from the Merchant) from the primary transaction account designated on my/our application form and directing or ordering the Credit Union to pay such funds to the Merchant. ii. I/We acknowledge that the PIN is not used in a VISA point-of-sale purchase, and therefore I/we agree to take all reasonable precautions that no one else has access to my/our VISA Check Card.