Common use of E-CHECK TRANSACTIONS Clause in Contracts

E-CHECK TRANSACTIONS. You may authorize a merchant or other payee to make a one-time electronic payment from your share draft/checking account using information from your share draft/check (“E-Check”) to: (a) pay for purchases; or (b) pay bills. Ownership. Your card and/or any other account access device will remain our property and may be cancelled or its use restricted by us at any time without notice. You agree to surrender it and to discontinue its use immediately upon our request. You will be required to return any account access devises to us immediately upon the closing of your account. Notification of Pre-Authorized Deposits. If you have arranged to have direct deposits made to your account at least once every 60 days (from your employer, the Federal Government or other payor), you can call us at the telephone number shown in this Agreement to find out whether or not the deposit has been made.

Appears in 4 contracts

Samples: Transfer Agreement, Transfer Agreement, Transfer Agreement

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