Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permitted. Transfers subject to the Rules of the accounts All funds transfers are also subject to the account agreements, rules and regulations governing the relevant accounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the applicable account agreements, rules or regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute your funds transfer instruction we utilize the Automated Clearing House (ACH). Using applicable ACH Rules, we debit one of your accounts and credit another of your accounts. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your Account. The purposes for our service provider's transfer account are to complete your funds transfer requests and to perform the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, and if we cannot, to collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank to debit your account in the amount indicated. If a debit to any of your accounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation" below).
Appears in 3 contracts
Samples: Bank to Bank Terms of Service, Bank to Bank Terms of Service, Bank to Bank Terms of Service
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers or Popmoney Transfers you are permitted to make using our Service. Without limiting the foregoing, if your use of the Service has been suspended and reinstated as provided herein (see "“Suspension and Reinstatement of funds transfer and and/or Popmoney Service" ” below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permitted. Transfers subject to the Rules of the accounts All funds transfers are also subject to the account agreements, rules and regulations governing the relevant accounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the applicable account agreements, rules or regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute your funds transfer instruction we utilize the Automated Clearing House (ACH). Using applicable ACH Rules, we debit one of your accounts and credit another of your accountsaccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's ’s transfer account at the service provider's ’s clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes for our service provider's ’s transfer account are to complete your funds transfer requests and to perform the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, and if we cannot, to collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank to debit your account in the amount indicated. If a debit to any of your accounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "“Documentation" ” below). If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution to which they wish to transfer the funds. If the Recipient fails to reply to the email or fails to follow the instructions we provided, we will notify you and credit your Account for the amount of the transfer.
Appears in 3 contracts
Samples: Account to Account Terms of Service and Popmoney User Agreement, Bank to Bank Transfer Terms of Service and Popmoney User Agreement, Bank to Bank Terms of Service and Popmoney User Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer with Customer Assumed Risk Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. FinWise Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize FinWise Bank to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 2 contracts
Samples: Funds Transfer With Customer Assumed Risk Agreement, Funds Transfer With Customer Assumed Risk Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect affect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute affect your funds transfer instruction instruction, we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we . We debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank financial institution are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect affect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Arizona State Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Arizona State Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution where they wish to transfer the funds. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer Service Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank CAP COM will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank CAP COM to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer with Customer Assumed Risk Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank JetStream Federal Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank JetStream Federal Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer With Customer Assumed Risk Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank First Community Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank First Community Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on in the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. We also reserve the right to terminate or suspend a transfer at any time. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient in the case of Popmoney. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. OneUnited Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize OneUnited Bank to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address or phone number for text message for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email/text or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and External Loans Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Chicago Patrolmen’s Federal Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Chicago Patrolmen’s Federal Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation" ,” below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check.
Appears in 1 contract
Samples: External Loans Transfer Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect affect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Orange County's Credit Union's will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Orange County's Credit Union's to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer Service Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank TFCU will notify you of such fee in advance of the Funds Transfer or Popmoney transaction, fees are also located on the Schedule of Fees. If you choose to proceed with the transaction, you authorize Bank TFCU to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer. Suspension and Reinstatement of Funds Transfer and/or Popmoney Service In the event that we at any time incur a problem with your use of the Service, including without limitation a fail in attempting to debit any of your Accounts or to collect with respect to any of your funds transfers as described above, and without limiting any other right or remedy that we may have under this Agreement or otherwise, we reserve the right to suspend your right to use the Service, immediately and without prior notice to you. You understand and agree that such action is reasonable for us to take in order to protect itself from loss. In the event of such suspension, you may request reinstatement of your service by contacting us using any of the methods provided for under this Agreement (see "Error Reporting and Claims," below). We reserve the right in our sole discretion to grant or deny reinstatement of your use of the Service. In the event we agree to reinstate you, we reserve the right to, and ordinarily will, initially reinstate your Service subject to lower per-transaction and monthly dollar limits and/or with other restrictions than otherwise might be available to you. Based upon your subsequent usage of the Service, TFCU in its sole discretion may thereafter restore your ability to effect transfers subject to such higher limits as may then be in effect (see "Dollar Amount of Transfers," above).
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "“Suspension and Reinstatement of funds transfer and Funds Transfer & Popmoney Service" ” below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All 000 Xxxxxxxxxx Xxxxxxx • Eau Claire, WI 54702-0970 • 000-000-0000 xxx.xxx Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect affect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute affect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's ’s transfer account at the service provider's ’s clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking business days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's ’s transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Royal Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Royal Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "“Documentation" ,” below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer. 000 Xxxxxxxxxx Xxxxxxx • Eau Claire, WI 54702-0970 • 000-000-0000 xxx.xxx In the event that we at any time incur a problem with your use of the Service, including without limitation a fail in Funds Transfer & Popmoney Service to debit any of your Accounts or to collect with respect to any of your funds transfers as described above, and without limiting any other right or remedy that we may have under this Agreement or otherwise, we reserve the right to suspend your right to use the Service, immediately and without prior notice to you. You understand and agree that such action is reasonable for us to take in order to protect ourselves from loss. In the event of such suspension, you may request reinstatement of your service by contacting us using any of the methods provided for under this Agreement (see “Error Reporting and Claims,” below). We reserve the right to grant or deny reinstatement of your use of the Service. In the event we agree to reinstate you, we reserve the right to, and ordinarily will, initially reinstate your Service subject to lower per-transaction and monthly dollar limits and/or with other restrictions than otherwise might be available to you. Based upon your subsequent usage of the Service, Royal Credit Union in its sole discretion may thereafter restore your ability to affect transfers subject to such higher limits as may then be in effect (see “Dollar Amount of Transfers,” above).
Appears in 1 contract
Samples: Funds Transfer & Popmoney Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Affinity Federal Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Affinity Federal Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "“Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" ” below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. Authorization You authorize us to select any means to execute your funds transfer instructions. You understand that to execute your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's ’s transfer account at the service provider's ’s clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's ’s transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Centier Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Centier Bank to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "“Documentation" ,” below). If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect affect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute affect your funds transfer instruction instruction, we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we . We debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank financial institution are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect affect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank OneAZ Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank OneAZ Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution where they wish to transfer the funds. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer Service Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank NEWBURYPORT BANK will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank NEWBURYPORT BANK to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Service" Funds Transfer below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank TFCU will notify you of such fee in advance of the Funds Transfer transaction, fees are also located on the Schedule of Fees. If you choose to proceed with the transaction, you authorize Bank TFCU to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Funds Transfer Agreement
Dollar Amount of Transfers. You may not make transfer funds transfers in excess of into your OneUnited Bank account (deposit) utilizing External Transfer up to limits described on established by the ServiceBank. Your assigned limits will be displayed when you initiate a transfer. You may initiate a payment to others using Money Moves to transfer funds from your OneUnited Bank to a recipient. Your limit will be displayed when you initiate a transfer above the limit. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Money Moves Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we may utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. You understand that to effect your Money Moves instruction we may debit one of your Accounts and credit a debit card of the Recipient if the Recipient selects Instant Deposit as the payment method. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. OneUnited Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize OneUnited Bank to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check.
Appears in 1 contract
Samples: Funds Transfer Service Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers or Popmoney Transfers you are permitted to make using our Service. Without limiting the foregoing, if your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permitted. Transfers subject to the Rules of the accounts All funds transfers are also subject to the account agreements, rules and regulations governing the relevant accounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the applicable account agreements, rules or regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute your funds transfer instruction we utilize the Automated Clearing House (ACH). Using applicable ACH Rules, we debit one of your accounts and credit another of your accountsaccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes for our service provider's transfer account are to complete your funds transfer requests and to perform the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, and if we cannot, to collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank to debit your account in the amount indicated. If a debit to any of your accounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation" below). If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution to which they wish to transfer the funds. If the Recipient fails to reply to the email or fails to follow the instructions we provided, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Bank to Bank Terms of Service and Popmoney User Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permitted. Transfers subject to the Rules of the accounts All funds transfers are also subject to the account agreements, rules and regulations governing the relevant accounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the applicable account agreements, rules or regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute your funds transfer instruction we utilize the Automated Clearing House (ACH). Using applicable ACH Rules, we debit one of your accounts and credit another of your accounts. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your Account. The purposes for our service provider's transfer account are to complete your funds transfer requests and to perform the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, and if we cannot, to collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed permitted by the financial institution holding the Accountus. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Lake Trust will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Lake Trust to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Online Banking Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute affect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank Financial Institution will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank Financial Institution to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Samples: Online Banking and Related Online Services Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of dollar limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service," below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction Funds Transfer instructions we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accounts. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your Account. The purposes for our service provider's transfer account are to complete your funds transfer requests and to perform the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer accountAccounts. If the debit side fails to post to the senders account or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Mechanics Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Mechanics Bank to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your Funds Transfer instructions, such as wire transfer or check.
Appears in 1 contract
Samples: Funds Transfer Service Agreement
Dollar Amount of Transfers. You may not make transfer funds transfers in excess of into your OneUnited Bank account (deposit) utilizing External Transfer up to limits described on established by the ServiceBank. Your assigned limits will be displayed when you initiate a transfer. You may initiate a payment to others using Money Moves to transfer funds from your OneUnited Bank to a recipient. Your assigned limits will be displayed when you initiate a transfer. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and External Transfer and/or Money Moves Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we may utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. You understand that to effect your Money Moves instruction we may debit one of your Accounts and credit a debit card of the Recipient if the Recipient selects this payment method. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. OneUnited Bank will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank to debit your account in In the amount indicated. If event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check.
Appears in 1 contract
Samples: Funds Transfer Service Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer and/or Popmoney Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Presidential Bank FSB will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Presidential Bank FSB to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
Appears in 1 contract
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "“Suspension and Reinstatement of funds transfer and Funds Transfer Service" ” below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfer, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. Inserted: 2/1/2005 Deleted: 12/20/2004 Inserted: 12/20/2004 You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's ’s transfer account at the service provider's ’s clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's ’s transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank SAFE Credit Union will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank SAFE Credit Union to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "“Documentation" ,” below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
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Samples: Online Money Movement Agreement
Dollar Amount of Transfers. You may not make funds transfers in excess of limits described on the Service. We reserve the right to change from time to time the dollar amount of funds transfers you are permitted to make using our Service. Without limiting the foregoing, if in the event that your use of the Service has been suspended and reinstated as provided herein (see "Suspension and Reinstatement of funds transfer and Funds Transfer Service" below), you understand and agree that your use of the Service thereafter may be subject to lower dollar amount limitations than would otherwise be permittedpermitted by us. Transfers subject to the Rules of the accounts All Additionally, all funds transfers are also subject to the account agreements, rules and regulations governing the relevant accountsAccounts. You agree not to effect any funds transfers from or to an Account that are not allowed under the rules or regulations applicable account agreementsto such accounts including, without limitation, rules or regulations designed to prevent the transfer of funds in violation of OFAC regulations. We reserve the right to decline to effect any funds transfertransfers, to submit funds transfer instructions or orders, orders or to carry out change or cancellation requests. You authorize us to select any means to execute your funds transfer instructions. You understand that to execute effect your funds transfer instruction we utilize the Automated Clearing House (ACH). Using , using applicable ACH Rules, we debit one of your accounts Accounts and credit another of your accountsAccounts or an account of a Recipient. Once your Account has been debited, we credit our service provider's transfer account at the service provider's clearing bank. After our service provider and/or its clearing bank are reasonably certain that the debit will not be returned (in most cases this is usually between 3-4 banking days), our service provider will credit your or the Recipients Account. The purposes sole purpose for our service provider's transfer account are is to complete your funds transfer requests and to perform for performing the services within the scope of this Agreement. The service provider earns no interest on the funds in the transfer account. If the debit side fails or is returned for any reason and the credit side has been released and cannot be collected, you authorize our service provider to collect from the Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or a portion of the debit, in the event of an insufficient or uncollected funds return, return and if we cannot, to not collect the amount credited. To effect this collection, you understand and authorize us to debit the credited Account or the debited Account in either the same dollar amount as the original funds transfer or a portion of the debit. There may be a fee associated with such collection imposed by the financial institution holding the Account. You understand and agree that we may from time to time impose additional charges in connection with your funds transfer transactions. Bank BankFinancial, NA will notify you of such fee in advance of the transaction. If you choose to proceed with the transaction, you authorize Bank BankFinancial, NA to debit your account in the amount indicated. If In the event that a debit to any of your accountsAccounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account as set forth above, we reserve the right, and you hereby authorize us, to debit any of your other accounts Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement (see "Documentation," below). You understand and agree that in the event we are unable to execute your funds transfer request utilizing the ACH, we may utilize other established payment mechanisms in order to complete your funds transfer instructions, such as wire transfer or check. If you have requested for a funds transfer to a Recipient, you must provide us with a true, correct, current email address for such Recipient. We will contact the Recipient, and ask the Recipient to provide us with certain information, such as the account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to the email or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer.
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Samples: Funds Transfer Service Agreement
