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 you may authorize your check to be converted to an electronic fund transfer. You may also authorize merchants to electronically debit your account for returned check fees. You are considered to have authorized these 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. Virtual Branch. If we approve Virtual Branch for your accounts, a separate Logon ID and security code will be selected by you. You must use your security code along with your Logon ID to access your accounts. At the present time, you may use Virtual Branch to:

Appears in 4 contracts

Samples: Master Membership Account Agreement, Master Membership Account Agreement, Master Membership Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!