Common use of Electronic Check Conversion/Electronic Returned Check Fees Clause in Contracts

Electronic Check Conversion/Electronic Returned Check Fees. If you pay for something with a check or share draft, you may authorize your check or share draft to be converted to an EFT. You may also authorize merchants to electronically debit your account for returned check fees. You are considered to have authorized these EFTs if you complete the transaction after being told (orally or by a notice posted or sent to you) that the transfer may be processed electronically or if you sign a written authorization.

Electronic Check Conversion/Electronic Returned Check Fees. If you pay for something with a check or share draft, draft you may authorize your check or share draft to be converted to an EFTelectronic fund transfer. You may also authorize merchants to electronically debit your account for returned check fees. You are considered to have authorized these EFTs electronic funds transfers if you complete the transaction after being told (orally or by a notice posted or sent to you) that the transfer may be processed electronically or if you sign a written authorization.

Electronic Check Conversion/Electronic Returned Check Fees. If you pay for something with a check or share draft, draft you may authorize your check or share draft to be converted to an EFTelectronic fund transfer. You may also authorize merchants to electronically debit your account for returned check fees. You are considered to have authorized these EFTs electronic funds transfers if you complete the transaction after being told (orally or by a notice posted or sent to you) you that the transfer may be processed electronically or if you sign a written authorization.

Electronic Check Conversion/Electronic Returned Check Fees. If you pay for something with a check or share draft, you may authorize your check or share draft to be converted to an EFT. You may also authorize merchants to electronically debit your account for returned check fees. You are considered to have authorized these EFTs if you complete the transaction transac- tion after being told (orally or by a notice posted or sent to you) that the transfer may be processed electronically or if you sign a written authorization.