Common use of eBanking Clause in Contracts

eBanking. If eBanking is activated for your account(s), you will be required to use secure login information to access the account(s). At the present time, you may use eBanking to: - Withdraw funds from your share and share draft accounts. - Transfer funds from your share and share draft accounts. - Obtain balance information for your share, share draft, certificate, and Line of Credit accounts. - Make loan payments from your share and share draft accounts. - Make xxxx payments to preauthorized creditors. - Payments requested by you through the use of eBanking system will be mailed by check and may take as long as three (3) business days to be sent to payee. Your accounts can be accessed under eBanking via personal computer. eBanking will be available for your convenience 24 hours per day. This service may be interrupted for a short time each day for data processing. We reserve the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. We may set other limits on the amount of any transaction, and you will be notified of those limits. We may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction and there may be limits on the duration of each access. The following limitations on eBanking transactions may apply: - There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one (1) day. - See Section 2 for transfer limitations that may apply to these transactions.

Appears in 4 contracts

Samples: Electronic Fund Transfers Agreement, Electronic Fund Transfers Agreement, Electronic Fund Transfers Agreement and Disclosure

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eBanking. If we approve eBanking is activated service for your account(s), you will be required to use secure login information to access the account(s). At the present time, you may use eBanking access service to: - Withdraw funds from your share and share draft accounts. - Transfer funds from your share savings and share draft checking accounts. - Obtain balance information for your share, share draft, certificate, savings and Line of Credit checking accounts. - Make loan payments from your share savings and share draft checking accounts. - Make xxxx payments to preauthorized creditorsOrder checks and place stop payment orders. - Payments requested by you through Apply for membership and loans. - E-Statements. - View account history. - Request copies of cleared checks. - Access the use of eBanking system will be mailed by check and may take as long as three (3) business days to be sent to payeexxxx xxxxx service. Your accounts can be accessed under eBanking via personal computer. eBanking will be available for your convenience 24 hours per day. This service may be interrupted for a short time each day for data processing. We reserve the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. We may set other limits on the amount of any transaction, and you will be notified of those limits. We may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction and there may be limits on the duration of each access. The following limitations on eBanking transactions may apply: - There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one (1) day. - There are certain limits on the account history information available. - See Section 2 for transfer limitations that may apply to these transactions.

Appears in 1 contract

Samples: Electronic Fund Transfers Agreement and Disclosure

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