Common use of Direct Deposit Funding Clause in Contracts

Direct Deposit Funding. You may also reload your Card by signing up to have funds loaded directly to your Card (“Direct Deposit”). Direct Deposit information and instructions will be provided to you on the Card carrier (the paper your Card is attached to). You are responsible for providing the correct information to your employer or other originator of the Direct Deposit (the “Depositor”). The routing and Direct Deposit numbers may be used for Direct Deposit only. You cannot use the routing and/or Direct Deposit number to pay bills, move funds or take money off your Card. All transactions of this type will be declined. Your Card is not associated with a Checking or Savings account. Once the funds are received from your Depositor you may use the Card for the type of transactions described in this Agreement. Commerce has no obligation to you in the event your Direct Deposit funds are delayed or otherwise fail to fund your Card. Your Depositor may retain the right to deduct from the funds stored on the Card in order to correct a previous error or overpayment to you or for other reasons. You hereby authorize Commerce to accept instructions from your Depositor to add or deduct funds from your Card, and in the case of a deduction, to return those funds to your Depositor. If you have a dispute with the Depositor about the amount of your wages, salary or other compensation, or the amount that the Depositor loads onto or deducts from the Card, you agree to not involve Commerce in that dispute and to resolve that dispute solely with your Depositor. We may terminate your access to our Direct Deposit Service at any time.

Direct Deposit Funding. You may also reload your Card by signing up to have funds loaded directly to your Card Account (“Direct Deposit”). Direct Deposit information and instructions will be provided to you at xxxxxxxxxxxxxxxxxx.xxx and may be provided on the the Card carrier (the paper your Card is attached to)) depending on how your Card was obtained. You are responsible for providing the correct information to your employer or other originator of the Direct Deposit (the “Depositor”). The routing and Direct Deposit numbers may be used for Direct Deposit only. You cannot use the routing and/or Direct Deposit number to pay bills, move funds or take money off from your CardAccount. All transactions of this type will be declined. Your Card is not associated with a Checking or Savings account. Once the funds are received from your Depositor Depositor, you may use the Card for the type of transactions described in this Agreement. Commerce has no obligation to you in the event your Direct Deposit funds are delayed or otherwise fail to fund your Card. Your Depositor may retain the right to deduct from the funds stored on the Card in your Account in order to correct a previous error or overpayment to you or for other reasons. You hereby authorize Commerce to accept instructions from your Depositor to add or deduct funds from your CardAccount, and in the case of a deduction, to return those funds to your Depositor. If you have a dispute with the Depositor about the amount of your wages, salary or other compensation, or the amount that the Depositor loads onto or deducts from the CardAccount, you agree to not involve Commerce in that dispute and to resolve that dispute solely with your Depositor. We may terminate your access to our Direct Deposit Service at any time.