Common use of Electronic Check Conversions Clause in Contracts

Electronic Check Conversions. If your HSA plan includes access to your HSA Deposit Account by check, you may authorize a merchant or other payee to make a one-time electronic payment from your HSA Deposit Account using information from your check to pay for a purchase or to pay your xxxx. When you make a purchase or pay a xxxx using a check that is converted by the payee or its agent into an electronic fund transfer, the electronic transaction is presented to us for payment from your Deposit Account. An electronic representment of a returned check is not considered an electronic check conversion.

Appears in 5 contracts

Samples: Health Savings Account Custodial Agreement, Health Savings Account Custodial Agreement, Health Savings Account Custodial Agreement

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Electronic Check Conversions. If your HSA plan includes access to your HSA Deposit Account by check, you may authorize a merchant or other payee to make a one-one- time electronic payment from your HSA Deposit Account using information from your check to pay for a purchase or to pay your xxxx. When you make a purchase or pay a xxxx using a check that is converted by the payee or its agent into an electronic fund transfer, the electronic transaction is presented to us for payment from your Deposit Account. An electronic representment of a returned check is not considered an electronic check conversion.

Appears in 4 contracts

Samples: Enrollment Agreement, Health Savings Account Custodial Agreement, Enrollment Agreement

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Electronic Check Conversions. If your HSA plan includes access to your HSA Deposit Account by check, you may authorize a merchant or other payee to make a one-one- time electronic payment from your HSA Deposit Account using information from your check to pay for a purchase or to pay your xxxxbill. When you make a purchase or pay a xxxx bill using a check that is converted by the payee or its agent into an electronic fund transfer, the electronic transaction is presented to us for payment from your Deposit Account. An electronic representment of a returned check is not considered notconsidered an electronic check conversion.

Appears in 1 contract

Samples: Health Savings Account Custodial Agreement

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