Direct Deposit Transactions Sample Clauses

Direct Deposit Transactions. 3.1 Direct DeposiL Subject to Applicable Law, College may utilize the Financial Payments System in accordance with the tenns of this Agreement, Applicable Law, the Operating Instructions and the Policies to disburse financial aid, scholarship funds, payroll and other sums due and owing to Cardholders from College by directly depositing suclt funds into the accounts tied to the College Products or to the Foreign Cardholder Acx:ount (as hereinafter defined) selected by the Cardholder, or by issuance of a paper check, as the case may be (each, a "Direct Deposjt Transaction").
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Direct Deposit Transactions 
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Related to Direct Deposit Transactions

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (000) 000-0000 or (000) 000-0000. This does not apply to transactions occurring outside the United States.

  • Direct Deposits The Credit Union may offer direct deposit options allowing you to preauthorize deposits (i.e., payroll checks, Social Security or retirement checks, or other government checks) or preauthorize transfers from other accounts at the Credit Union. You must authorize any direct deposits to your accounts by a separate authorization form. If applicable, you must notify the Credit Union at least thirty (30) days prior to any direct deposit or preauthorized transfer if you wish to cancel or change the direct deposit or direct transfer option. Upon a filing of a bankruptcy, if you fail to cancel any direct deposit authorization, you instruct your employer and the Credit Union to make and apply direct deposits in accordance with your authorization on file with the Credit Union. If the Credit Union is required to reimburse the U.S. Government for any benefit payment directly deposited into your account for any reason, you agree the Credit Union may deduct the amount returned from any of your accounts, unless prohibited by law.

  • Direct Debit (a) Borrower agrees that interest and principal payments and fees will be deducted automatically on the due date from Borrower's account number 1458126057, or such other of Borrower's accounts with Bank as designated in writing by Borrower.

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