EFT Transactions Sample Clauses

EFT Transactions. If you withdraw funds from your Account by means of an electronic funds transfer (EFT) other than through First Online Cash Management Service, such as an ATM cash withdrawal, and the EFT occurs at any time on the same Business Day that you use First Online Cash Management Service to transfer funds or make an Online bill payment from the same Account, and if there are insufficient funds to pay both the EFT and the Online transfer made through First Online Cash Management Service, then the EFT will be posted to your Account first. The Rules regarding overdraft charges that otherwise apply to your Bill Pay Checking Account will be charged.
Sample 1
AutoNDA by SimpleDocs
EFT Transactions. You may use your Card and PIN to:
Sample 1
EFT Transactions. An EFT is any transfer of funds by the use of your Card(s) through an electronic terminal, telephone, or other electronic means as may be made available by the Bank for the purposes of authorizing a debit or credit to your ProCash Plus Account.
Sample 1
EFT Transactions. Generally, an EFT is any transfer of funds initiated through an electronic terminal, telephone or the Bank’s internet banking service for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit an account. The term EFT includes but is not limited to: • Point of Sale (POS) transfers • ATM transfers • Direct deposits or withdrawals of funds • Transfers initiated by telephone • Transfers initiated by computer • Transfers resulting from Debit Card transactions whether or not initiated through an electronic terminal. • Transfers where a check, draft or similar paper instrument is used as a source of information to initiate a one- time transfer of funds from consumer’s account The term EFT does not include: • Any transfer of funds initiated by a check, draft or similar paper instrument • Any transfer of funds that guarantees payment or authorizes acceptance of any check, draft or similar paper instrument but does not directly result in a debit or a credit to a consumer’s account. • Any transfer of funds by Fed wire or through a similar wire transfer system or similar system primarily for transfers between financial institutions or between businesses • Transfer of funds the primary purpose of which is the purchase or sale of a security or commodity. • Individual transfers We initiate under an agreement with You but without Your specific request (e.g., automatic savings and automatic loan payments to Us from Your account) • Between a consumer’s account and the account of a family member at the Bank • Between a consumer’s account and an account at the Bank • Telephone transfers between a consumer and the Bank which does not take place under a telephone xxxx payment or other written plan providing for periodic or recurring transfers
Sample 1
EFT Transactions. If you notify us within two (2) business days, you can lose no more than $50 if someone accessed your account without your permission. If you do not tell us within two (2) business days after you learn of the unauthorized use of your account or EFT service, and we can prove that we could have stopped someone from accessing our account without your permission if you had told us, you could lose as much as $500. Your liability for unauthorized loan transactions through an EFT service is $50.
Sample 1

Related to EFT Transactions

  • Split Transactions If you do not have enough value loaded on your Card you can instruct the merchant to charge a part of the purchase to the Card and pay the remaining amount with cash or another card. These are called “split transactions.” Some merchants do not allow cardholders to conduct split transactions. Some merchants will only allow you to do a split transaction if you pay the remaining amount in cash. If you fail to inform the merchant that you would like to complete a split transaction before swiping your Card, your Card is likely to be declined.

  • Foreign Transactions Visa. Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date. A fee of 1.00% of the amount of the transaction, calculated in U.S. dollars, will be imposed on all foreign transactions, including purchases, cash withdrawals and credits to your account. A foreign transaction is any transaction that you complete or a merchant completes on your card outside of the United States, with the exception of U.S. military bases, U.S. territories, U.S. embassies or U.S. consulates.

  • Non-Arm’s Length Transactions Except as disclosed in the Prospectus and to the Agent, the Corporation does not owe any amount to, nor has the Corporation made any present loans to, or borrowed any amount from or is otherwise indebted to, any officer, director, employee or securityholder of any of them or any person not dealing at “arm's length” (as such term is defined in the Income Tax Act (Canada)) with any of them except for usual employee reimbursements and compensation paid or other advances of funds in the ordinary and normal course of the business of the Corporation. Except usual employee or consulting arrangements made in the ordinary and normal course of business, neither the Corporation is a party to any contract, agreement or understanding with any officer, director, employee or securityholder of any of them or any other person not dealing at arm's length with the Corporation. No officer, director or employee of the Corporation and no person which is an affiliate or associate of any of the foregoing persons, owns, directly or indirectly, any interest (except for shares representing less than 5% of the outstanding shares of any class or series of any publicly traded company) in, or is an officer, director, employee or consultant of, any person which is, or is engaged in, a business competitive with the business of the Corporation which could have a material adverse effect on the ability to properly perform the services to be performed by such person for the Corporation. Except as described in the Prospectus, no officer, director, employee or securityholder of the Corporation has any cause of action or other claim whatsoever against, or owes any amount to, the Corporation except for claims in the ordinary and normal course of the business of the Corporation such as for accrued vacation pay or other amounts or matters which would not be material to the Corporation.

  • Card Transactions (a) Card Network Rules. When accepting payment card Transactions, you must comply with all applicable Card Network Rules, including the Visa Rules specified by Visa, the Mastercard Rules specified by Mastercard, and the Card Network Rules specified by American Express. Each Card Network may amend its Card Network Rules at any time without notice to you.

  • Off-Exchange Transactions In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. The firm with which you deal may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarize yourself with applicable rules and attendant risks.

  • Other transactions The transactions contemplated by the Sale and Servicing Agreement to be consummated on the Closing Date shall be consummated on such date.

Time is Money Join Law Insider Premium to draft better contracts faster.