Electronic Banking Transactions. You may use Online Banking or Telephone Banking to perform the following transactions with your PC or touchtone telephone, as applicable: o Make Payments to a Payee from your Designated Funding Account(s); o Review past or scheduled Payments from your Designated Funding Account(s); o Order Funds Transfers among eligible Service Accounts; o Order Funds Transfers from eligible Service Accounts to certain loan accounts accessible through the Service; o Perform balance inquiries with respect to Service Accounts accessible through the Service; o Use your PC to view account activity within each Service Account accessible through our Online Banking; o Use your PC to communicate directly with us via electronic messaging; and o Request advances from eligible loan accounts accessible through the Service to your eligible Service Accounts. We may from time to time enhance or expand the Service by providing additional features, functionality, and transaction capability. Any such enhancements or expansions will be subject to the terms and conditions of this Agreement. User's Guides may provide additional details and information regarding the functionality of the Service.
Electronic Banking Transactions. Your liability for unauthorized electronic banking transactions and procedures for resolution of errors or questions about electronic banking transactions are set out in the Business Account Agreement.
Electronic Banking Transactions. 3.1 The provisions of this clause 3 will only apply where the Merchant has, as indicated in Item 2 of the Schedule hereto, agreed with the Bank that it will enable its customers to make payments for the purchase of goods and services using the Telebanking Services.
3.2 The Merchant shall, at such time as may be agreed upon by the parties, permit the Bank to install appropriate software at the Merchant’s premises to facilitate Telebanking Transactions. Such software shall enable the Bank to transfer to the Merchant details on the Xxxx Payment Register as updated from the Electronic File Transfer web based application.
3.3 At intervals agreed between the Bank and the Merchant from time to time (the current interval, where applicable, being set forth in Item 3 of the Schedule), the Bank shall provide a Payment Detail File to the Electronic File Transfer web based application.
3.4 The Payment Detail File shall conform to the file layout specification agreed upon by the parties and must contain the following minimum information with respect to each payment:
a) Date of payment;
b) Transaction reference number;
c) Customer’s account number;
d) The amount paid by the customer;
e) The batch number.
3.5 At the close of each business day, the Bank will forward to the Merchant electronically, a remittance report stating:
a) The name(s) of each Payment Detail File(s) downloaded for that day;
b) The total amount of payments received by the Bank for the benefit of the Merchant for that day;
c) The total number of transactions for that day.
3.6 For the purposes of this clause 3, any payments received or Transactions carried out during non-business days or otherwise after the settlement cut off time established pursuant to item 3 of the Schedule, shall be deemed to have been received and carried out on the next business day following the date of the Transaction.
3.7 The Merchant undertakes and agrees that it shall:
a) Pay to the Bank the current fees specified in the Fee Schedule representing the Bank’s charges for the provision of the Telebanking Service.
b) Make its own arrangements to obtain, install and maintain at its own expense, the required equipment more particularly described in Item 4 of the Schedule;
c) Set up its own systems to receive and process data electronically which meet the operating capabilities and specifications as established by the Bank;
d) Maintain computerized customer records with unique account numbers;
e) Validate payment details within a max...
Electronic Banking Transactions. Limitations
Electronic Banking Transactions. You may use Online Banking or Telephone Banking to perform the following transactions with your PC or touchtone telephone, as applicable:
Electronic Banking Transactions. After you have registered for Washington Savings Bank Online Banking, you may access your statement account(s) using your User ID and your password when you visit our Web site and click on Washington Savings Bank Online Banking to: • pay bills from any type of checking account(s) (separate bill payment agreement required). • transfer funds between your statement accounts at Washington Savings Bank • inquire on your statement account balance and up to 18 months of account activity (separate estatement agreement required). • send or receive e-mail to or from Washington Savings Bank customer service department • view and print copies of checks clearing your WSB checking account • Using the Account-to-Account transfer feature, you may transfer money between your WSB deposit accounts and other bank deposit accounts. You may self enroll in this feature, which requires verification of the other bank ownership by trial deposits into that account. You warranty and agree that you have legal access to these other accounts and indemnify WSB for all damages that may result from authorized access of such accounts by yourself or third parties as a result of the use of the A2A feature. Please see the separate Account to Account Transfer section of this agreement. • Using the Zelle® service, transfer funds between yourself and another individual via ACH transfer. (separate • Use mobile banking through an APP, Text, or WAP connection (separate mobile banking agreement required.)
