Common use of Discretionary Courtesy Pay Service Clause in Contracts

Discretionary Courtesy Pay Service. If you satisfy the eligibility requirements set forth in our Discretionary Courtesy Pay Policy, which is posted on our website, we will provide our Discretionary Courtesy Pay Service for your checking account transactions. Our Discretionary Courtesy Pay Service is added to your new checking account if you meet the eligibility requirements and automatically includes authorization and payment of overdrafts for checks and other transactions made using your checking account number, as well as automatic bill payments. In addition, you have the option to choose to have us pay ATM and every day Debit Card transactions. This option requires you to affirmatively opt-in to the payment of these items that exceed the available funds in your account. If you do not affirmatively opt-in, these items will not be authorized at the time of the transaction if there are not sufficient available funds in your account to cover them. By utilizing our Discretionary Courtesy Pay Service, we will pay items that would overdraw your account up to your established Courtesy Pay limit. (If you have an established overdraft protection plan, the Courtesy Pay Service will only apply after all available funds in the overdraft protection service(s) have been exhausted.) Your account will be assessed the Credit Union’s usual Courtesy Pay fee for each item paid under this

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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Discretionary Courtesy Pay Service. If you satisfy the eligibility requirements set forth in our Discretionary Courtesy Pay Policy, which is posted on our website, we will provide our Discretionary Courtesy Pay Service for your checking account transactions. Our Discretionary Courtesy Pay Service is added to your new checking account if you meet the eligibility requirements and automatically includes authorization and payment of overdrafts for checks and other transactions made using your checking account number, as well as automatic bill payments. In addition, you have the option to choose to have us pay ATM and every day Debit Card debit card transactions. This option requires you to affirmatively opt-in to the payment of these items that exceed the available funds in your account. If you do not affirmatively opt-in, these items will not be authorized at the time of the transaction if there are not sufficient available funds in your account to cover them. By utilizing our Discretionary Courtesy Pay Service, we will pay items that would overdraw your account up to your established Courtesy Pay limit. (If you have an established overdraft protection plan, the Discretionary Courtesy Pay Service will only apply after all available funds in the overdraft protection service(s) have been exhausted.) Your account will be assessed the Credit Union’s usual Courtesy Pay fee for each item paid under thisthis service. WSECU may impose additional eligibility requirements at any time and may terminate the service in its sole discretion even if you continue to satisfy the minimum eligibility requirements. The Credit Union will notify you at the time of termination if it terminates the service. If you have opted-in to the payment of ATM and every day debit card transactions, you have the right to revoke your consent at any time. If at any time, you wish to change your overdraft choice, please contact the Credit Union.

Appears in 1 contract

Samples: Account Agreement

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Discretionary Courtesy Pay Service. If you satisfy the eligibility requirements set forth in our Discretionary Courtesy Pay Policy, which is posted on our website, we will provide our Discretionary Courtesy Pay Service for your checking account transactions. Our Discretionary Courtesy Pay Service is added to your new checking account if you meet the eligibility requirements and automatically includes authorization and payment of overdrafts for checks and other transactions made using your checking account number, as well as automatic bill xxxx payments. In addition, you have the option to choose to have us pay ATM and every day Debit Card debit card transactions. This option requires you to affirmatively opt-in to the payment of these items that exceed the available funds in your account. If you do not affirmatively opt-in, these items will not be authorized at the time of the transaction if there are not sufficient available funds in your account to cover them. By utilizing our Discretionary Courtesy Pay Service, we will pay items that would overdraw your account up to your established Courtesy Pay limit. (If you have an established overdraft protection plan, the Discretionary Courtesy Pay Service will only apply after all available funds in the overdraft protection service(s) have been exhausted.) Your account will be assessed the Credit Union’s usual Courtesy Pay fee for each item paid under thisthis service. WSECU may impose additional eligibility requirements at any time and may terminate the service in its sole discretion even if you continue to satisfy the minimum eligibility requirements. The Credit Union will notify you at the time of termination if it terminates the service. If you have opted-in to the payment of ATM and every day debit card transactions, you have the right to revoke your consent at any time. If at any time, you wish to change your overdraft choice, please contact the Credit Union.

Appears in 1 contract

Samples: Account Agreement

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