Common use of CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS Clause in Contracts

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance, if: a. Through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, or the transfer would go over the limit on your line of credit or Courtesy Pay. b. You used the wrong PIN or you used a PIN or Card in an incorrect manner. c. The Card has expired or is damaged and cannot be used. d. The ATM where you are making the transfer does not have enough cash; e. The ATM or POS terminal was not working properly and you knew about the problem when you started the transaction. f. Circumstances beyond our control (such as fire, flood, or power failure) prevent the transaction. g. The money in your account is subject to a legal process or other claim. h. Your account is frozen because of a delinquent loan. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains your Card, in which event you may contact the Credit Union about its replacement. k. If, through no fault of ours, a bill payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, or otherwise; the time you allow for payment delivery was inaccurate; the payee failed to process a payment correctly or in a timely manner; and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. If the error was caused by a system beyond the Credit Union’s control, such as a telecommunications system, an Internet service provider, or any virus or problems related to software not provided by the Credit Union. n. If there are other exceptions as established by the Credit Union.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. Our sole responsibility for an error in a transaction will be to correct the error and in no case will we be liable for any indirect, special, incidental or consequential damages. However, there are some exceptions. We will not be liable, liable for instance, if: a. Through If, through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, transfer or the transfer would go over the credit limit on your line of credit or Courtesy Paycredit, if applicable. b. You If you used the wrong PIN access code or you used a PIN have not properly followed any applicable computer, or Card in an incorrect mannercredit union user instructions for making transfer transactions. c. The If the Card has expired or is damaged and cannot be used. d. The ATM If the automated teller machine (ATM) where you are making the transfer does not have enough cash; e. The ATM cash or POS terminal was not working properly and you knew about the problem when you started the transaction. e. If your computer fails or malfunctions or the Phone Banking, Internet Banking services were not properly working and such problem should have been apparent when you attempted such transaction. f. Circumstances If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent making the transaction. g. The money If the funds in your account is are subject to a an administrative hold, legal process or other claim. h. Your account is frozen because of If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a delinquent loantransfer or xxxx payment. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains or POS terminal may retain your Cardcard in certain instances, in which event you may contact the Credit Union about its replacement. k. j. If, through no fault of ours, a bill xxxx payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, number or otherwise; the time you allow for payment delivery was inaccurate; or the payee failed to process a payment correctly correctly, or in a timely manner; , and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. k. If the error was caused by a system beyond the Credit Union’s control, control such as a telecommunications system, an Internet service provider, or any computer virus or problems related to software not provided by the Credit Union. n. l. If there are other exceptions as established by the Credit Union.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. Our sole responsibility for an error in a transaction will be to correct the error and in no case will we be liable for any indirect, special, incidental or consequential damages. However, there are some exceptions. We will not be liable, liable for instance, if: a. Through If, through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, transfer or the transfer would go over the credit limit on your line of credit or Courtesy Paycredit, if applicable. b. You If you used the wrong PIN access code or you used a PIN have not properly followed any applicable computer, or Card in an incorrect mannercredit union user instructions for making transfer transactions. c. The If the Card has expired or is damaged and cannot be used. d. The ATM If the automated teller machine (ATM) where you are making the transfer does not have enough cash; e. The ATM cash or POS terminal was not working properly and you knew about the problem when you started the transaction. e. If your computer fails or malfunctions or the Phone Banking, Internet Banking services were not properly working and such problem should have been apparent when you attempted such transaction. f. Circumstances If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent making the transaction. g. The money If the funds in your account is are subject to a an administrative hold, legal process or other claim. h. Your account is frozen because of If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a delinquent loantransfer or bill payment. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains or POS terminal may retain your Cardcard in certain instances, in which event you may contact the Credit Union about its replacement. k. j. If, through no fault of ours, a bill payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, number or otherwise; the time you allow for payment delivery was inaccurate; or the payee failed to process a payment correctly correctly, or in a timely manner; , and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. k. If the error was caused by a system beyond the Credit Union’s control, control such as a telecommunications system, an Internet service provider, or any computer virus or problems related to software not provided by the Credit Union. n. l. If there are other exceptions as established by the Credit Union.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will the Credit Union may be liable for your losses or damages. However, our sole responsibility is for our own error, and will be limited to the amount of the transaction. In no case will we are liable for any indirect, special or incidental damages. Additionally, there are some exceptions. We will not be liable, for instance, ifexceptions which include the following: a. Through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, transfer or the transfer would go over the credit limit on your overdraft line of credit or Courtesy Paysource, if applicable. b. You used the wrong PIN access code or you used a PIN have not properly followed any applicable computer, or Card in an incorrect mannerCredit Union user instructions for making transfer and xxxx payment transactions. c. The Card has expired or expired, is damaged and cannot be used, or because your Card or PIN has been reported as lost or stolen. d. The ATM automated teller machine (ATM) where you are making the transfer does not have enough cash; e. The ATM cash or POS terminal was not working properly and you knew about the problem when you started the transaction. e. Your computer fails or malfunctions or online banking services were not properly working and such problem should have been apparent when you attempted such transaction. f. Circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, and equipment or power failure) prevent making the transaction. g. The money funds in your account is are subject to a an administrative hold, legal process or other claim. h. Your account is frozen because of You have not given the Credit Union complete, correct and current instructions so the Credit Union can process a delinquent loantransfer or xxxx payment. i. The error was caused There are other exceptions as established by a system of any of the designated ATM networksCredit Union. j. The ATM machine retains or POS terminal may retain your CardCard in certain instances, in which event you may contact the Credit Union about its replacement. k. If, through Through no fault of ours, a bill xxxx payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, number or otherwise; the time you allow for payment delivery was inaccurate; or the payee failed to process a payment correctly correctly, or in a timely manner; , and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. If the The error was caused by a system beyond the Credit Union’s control, 's control such as a telecommunications system, an Internet service provider, or any computer virus or problems related to software not provided by the Credit Union. n. If there are other exceptions as established by the Credit Union.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount III.4 Continued - III.5 JordanCreditUnion JordanCreditUnion III.5 Continued - III.9 180727_Membership Agreement.indd 32-33 8/22/2018 10:01:14 AM according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance, if: a. Through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, or the transfer would go over the limit on your line of credit or Courtesy Pay. b. You used the wrong PIN or you used a PIN or Card in an incorrect manner. c. The Card has expired or is damaged and cannot be used. d. The ATM where you are making the transfer does not have enough cash; e. The ATM or POS terminal was not working properly and you knew about the problem when you started the transaction. f. Circumstances beyond our control (such as fire, flood, or power failure) prevent the transaction. g. The money in your account is subject to a legal process or other claim. h. Your account is frozen because of a delinquent loan. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains your Card, in which event you may contact the Credit Union about its replacement. k. If, through no fault of ours, a bill payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, or otherwise; the time you allow for payment delivery was inaccurate; the payee failed to process a payment correctly or in a timely manner; and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. If the error was caused by a system beyond the Credit Union’s control, such as a telecommunications system, an Internet service provider, or any virus or problems related to software not provided by the Credit Union. n. If there are other exceptions as established by the Credit Union.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If For consumer accounts, if we do not complete a transfer to or from your account on time or in the correct amount according to our agreement Agreement with you, we will may be liable for your direct losses or damages. Our sole responsibility for an error in a transfer will be to correct the error, and in no case will we be liable for any indirect, special or incidental damages. However, there are some exceptions. We For consumer and business accounts, we will not be liable, liable for instance, if: a. Through If, through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, or the transfer would go over the credit limit on your line of credit credit, if applicable, or Courtesy Payif the funds in your account are subject to an administrative hold, legal process or other claim. b. You If you used the wrong PIN access code or you used a PIN have not properly followed any applicable computer or Card in an incorrect mannerCredit Union user instructions for making transfer and/or Xxxx Payment transactions. c. The Card has expired If your computer or is damaged mobile device fails or malfunctions or the Digital Banking or Online Banking services were not properly working and cannot be usedsuch problem should have been apparent when you attempted such transaction. d. The ATM where you are making the transfer does not have enough cash; e. The ATM or POS terminal was not working properly and you knew about the problem when you started the transaction. f. Circumstances If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent making the transaction. e. In the event of any failure or interruption of such services or any part thereof, resulting from the act or omission of any third party, or from any other cause not reasonably within the control of the Credit Union. f. If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or Xxxx Payment. g. The money in your account is subject to a legal process or If there are other claimexceptions as established by the Credit Union. h. Your account is frozen because of a delinquent loan. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains your Card, in which event you may contact the Credit Union about its replacement. k. If, through no fault of ours, a bill payment Xxxx Payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, number or otherwise; the time you allow for payment delivery was inaccurate; or the payee failed to process a payment correctly correctly, or in a timely manner; , and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. If i. the error was caused by a system beyond the Credit Union’s control, control such as a telecommunications system, an Internet service provider, or any computer virus or problems related to software not provided by the Credit Union. n. If there are other exceptions as established by the Credit Union.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your account losses or damages. However, there are some exceptions. We will not be liable, liable for instance, if: a. Through If, through no fault of ours, you do not have enough money in your account to make the transfer, you account is dormant, your account is inactiveclosed, or the transfer would go over the limit on your line of credit or Courtesy Paycredit. b. You If you used the wrong PIN security code or you used a PIN have not properly followed any applicable computer, or Card in an incorrect manner. c. The Credit Union user instructions for making transfer and xxxx payment transactions or if the Card has expired or is damaged and cannot be used. d. The c. If the ATM where you are making the transfer does not have enough cash; e. The ATM , or POS terminal was not working properly and you knew about the problem when you started the transaction. f. Circumstances d. If your computer fails or malfunctions or the phone lines or Credit Union computer were not properly working and such problem should have been apparent when you attempted such trans action. e. If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent making the transaction. g. The money f. If the funds in your account is are subject to a an administrative hold, legal process or other claim. h. Your account is frozen because of a delinquent loan. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains your Card, in which event g. If you may contact have not given the Credit Union about its replacementcomplete, correct and current instructions so the Credit Union can process a transfer. k. h. If, through no fault of ours, a bill xxxx payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, number or otherwise; the time you allow for payment delivery was inaccurate; or the payee failed to process a payment correctly correctly, or in a timely manner; , and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. i. If the error was caused by a system beyond the Credit Union’s control, control such as a telecommunications telecommuni- cations system, an Internet service provider, or any computer virus or problems related to software not provided by the Credit Union. n. j. If the accounts to which you request a xxxx payment transfer to be made have been closed or the vendor will not accept such payments. k. If you have xxxx payment services, the Credit Union can only confirm the amount, the participating merchant, and date of the xxxx payment transfer made by the Credit Union. For any other error or question you have involving the billing statement of the participating merchant, you must contact the merchant directly. The Credit Union is not responsible for investigating such errors. l. If the error was caused by a system of any of the designated ATM or POS networks, or the Xxxx Paying processor. m. If there are other exceptions as established by the Credit Union. n. The ATM machine may retain your Card in certain instances, in which event you may contact the Credit Union about its replacement.

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance, if: a. Through no fault of ours, you do not have enough money in your account to make the transfer, your account is inactive, or the transfer would go over the limit on your line of credit or Courtesy Pay. b. You used the wrong PIN or you used a PIN or Card in an incorrect manner. c. The Card has expired or is damaged and cannot be used. d. The ATM where you are making the transfer does not have enough cash; e. The ATM or POS terminal was not working properly and you knew about the problem when you started the transaction. f. Circumstances beyond our control (such as fire, III.9 Continued - III.11 JordanCreditUnion flood, or power failure) prevent the transaction. g. The money in your account is subject to a legal process or other claim. h. Your account is frozen because of a delinquent loan. i. The error was caused by a system of any of the designated ATM networks. j. The ATM machine retains your Card, in which event you may contact the Credit Union about its replacement. k. If, through no fault of ours, a bill payment or funds transfer transaction does not reach a particular payee due to changes in the payee address, account number, or otherwise; the time you allow for payment delivery was inaccurate; the payee failed to process a payment correctly or in a timely manner; and a fee, penalty, or interest is assessed against you. l. If you have not given the Credit Union complete, correct, and current instructions for us to process a transfer or bill payment. m. If the error was caused by a system beyond the Credit Union’s control, such as a telecommunications system, an Internet service provider, or any virus or problems related to software not provided by the Credit Union. n. If there are other exceptions as established by the Credit Union.