Common use of Conversion of Checks to Electronic Fund Transfers Clause in Contracts

Conversion of Checks to Electronic Fund Transfers. In some circumstances, a person, merchant or other organization can convert your check and/or check information (your checking account and check routing, account and serial number) to an electronic fund transfer (EFT) and debit your account. The conversion of your check to an EFT is covered by this agreement and our Electronic Fund Transfer disclosures (that follow). You authorize us to honor the EFT and debit your account just as if the original check were presented for payment. Should a person, merchant or other organization to convert your check to an EFT you will have to contact that person, merchant or organization about obtaining a copy of your check. You understand that if we dishonor and return your check to a merchant for insufficient funds, a merchant may attempt to re-present the check electronically as an EFT, and that this EFT, which represents the dishonored check, will be treated as a re-presented check under this agreement.

Appears in 4 contracts

Samples: geneseeval.secure.cusolutionsgroup.net, geneseevalleyfcu.com, geneseevalleyfcu.com

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Conversion of Checks to Electronic Fund Transfers. In some circumstances, a person, merchant merchant, or other organization can convert your check and/or and check information (your checking account and account, check routing, account and serial number) to an electronic fund transfer (EFT) and debit your account. The conversion of your check to an EFT is covered by this agreement Contract and our Electronic Fund Transfer disclosures (that follow)disclosures. You authorize us to agree that we may honor the EFT and debit your account just as if the original check were presented for payment. Should a person, merchant merchant, or other organization to convert your check to an EFT EFT, you will have to contact that person, merchant merchant, or organization about obtaining a copy of your check. You understand that if we dishonor and return your check to a merchant for insufficient funds, a merchant may attempt try to re-present the check electronically as an EFT, and . The EFT that this EFT, which represents the dishonored check, will be treated as a re-presented check under this agreementContract.

Appears in 1 contract

Samples: www.rgvcu.coop

Conversion of Checks to Electronic Fund Transfers. In some circumstances, a person, merchant merchant, or other organization can convert your check and/or and check information (your checking account and ac- count, check routing, account and serial number) to an electronic fund transfer (EFT) and debit your account. The conversion of your check to an EFT is covered by this agreement Contract and our Electronic Fund Transfer disclosures (that follow)disclosures. You authorize us to agree that we may honor the EFT and debit your account just as if the original check were presented pre- sented for payment. Should a person, merchant merchant, or other organization to organi- zation convert your check to an EFT EFT, you will have to contact that person, merchant merchant, or organization about obtaining a copy of your check. You understand that if we dishonor and return your check to a merchant for insufficient funds, a merchant may attempt try to re-re- present the check electronically as an EFT, and . The EFT that this EFT, which represents the dishonored check, will be treated as a re-re- presented check under this agreementContract.

Appears in 1 contract

Samples: www.redbrandcu.com

Conversion of Checks to Electronic Fund Transfers. In some circumstances, a person, merchant merchant, business or other organization organiza- tion can convert your check and/or and check information (your checking account and check routing, account and serial number) to into an electronic fund transfer (EFT) EFT and debit your accountthe account you have with us. The conversion of your check to an EFT is covered by the “Electronic Funds Transfer Disclosure," which is part of the BSA (and is found at the end of this agreement and our Electronic Fund Transfer disclosures (that followPart 2). You authorize us to agree we may honor the EFT and debit your the account just as if the original check were was presented for payment. Should a person, merchant busi- ness or other organization to convert your check to an EFT EFT, you will have to contact that person, merchant business or organization about obtaining if you wish to access a copy of your check. You understand that if we dishonor and return your check to a merchant business or organization unpaid for insufficient fundsfunds or stop pay- ment, a merchant the business or organization may attempt try to re-present the check electronically as an EFT, and . The EFT that this EFT, which represents the dishonored check, check will be treated as a re-presented check under this agreementcheck.

Appears in 1 contract

Samples: Service Agreement

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Conversion of Checks to Electronic Fund Transfers. In some circumstances, a person, merchant merchant, or other organization can convert your check and/or and check information (your checking account and check routing, account account, and serial number) to an electronic fund transfer (EFT) and debit your account. The conversion of your check to an EFT is covered by this agreement Contract and our Electronic Fund Transfer disclosures (that follow)disclosures. You authorize us to agree that we may honor the EFT and debit your account just as if the original check were presented for payment. Should a person, merchant or other organization to convert your check to an EFT you will have to contact con- tact that person, merchant or organization about obtaining a copy of your check. You understand that if we dishonor and return your check to a merchant for insufficient insuffi- cient funds, a merchant may attempt try to re-present the check electronically as an EFT, and . The EFT that this EFT, which represents the dishonored check, will be treated as a re-presented check under this agreementContract.

Appears in 1 contract

Samples: www.redbrandcu.com

Conversion of Checks to Electronic Fund Transfers. In some circumstances, a person, merchant or other organization entity can convert your check and/or check information (your checking account and check routing, account and serial number) to an electronic fund transfer (EFT) and debit your account. The conversion of your check to an EFT is covered by this agreement and our Electronic Fund Transfer disclosures (that follow). You authorize us to honor the EFT and debit your account just as if the original check were presented for payment. Should a person, merchant or other organization entity to convert your check to an EFT you will have to contact that person, merchant or organization entity about obtaining a copy of your check. You understand that if we dishonor and return your check to a merchant for insufficient funds, a merchant may attempt to re-present the check electronically as an EFT, and that this EFT, which represents the dishonored check, will be treated as a re-presented check under this agreement.

Appears in 1 contract

Samples: Your and Our Agreement

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