Electronic Fund Transfer Provisions for Consumers Sample Clauses

Electronic Fund Transfer Provisions for Consumers. Applicability. These provisions are only applicable to online electronic fund transfers which credit or debit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT"). When applicable, the
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Electronic Fund Transfer Provisions for Consumers. Applicability. These provisions are only applicable to online electronic fund transfers that credit or debit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E ("EFT - Electronic Funds Transfer"). When applicable, the Bank may rely on any exceptions to these provisions that are contained in Regulation E. All terms that are not defined in this Agreement but which are defined in Regulation E shall have the same meaning when used in this section. Your Liability. The following determines your liability for any unauthorized EFT or any series of related unauthorized EFT's: Telephone Numbers and Addresses. In case of errors or questions regarding an Online Banking or Bill Payment transaction, call 000- 000-0000 or 000-000-0000, or write us at Security Savings Bank, Attn: Electronic Banking Services Department, 000 Xxxx Xxxxxxxx, Xxxxxxxx, XX 00000. Our Liability. This section explains our liability to you only to the extent that any other agreements, notices or disclosures have not separately disclosed our liability. In no event shall we be liable to you for failure to provide access to your Online Banking or Bill Payment services account. Unless otherwise required by applicable law, we are only responsible for performing the Online Banking and Bill Payment services as delineated in this Agreement. We will be liable for the amount of any material losses or damages incurred by and resulting directly from our gross negligence.
Electronic Fund Transfer Provisions for Consumers. These provisions are only applicable to online electronic fund transfers which credit or debit a consumer’s checking, savings or other asset account and are subject to the Federal Reserve Board’s Regulation E (an “EFT”). When applicable, the Bank may rely on any exceptions to these provisions which are contained in Regulation E. All terms that are not defined in this Agreement but which are defined in Regulation E shall have the same meaning when used in this section. Liability for Unauthorized Transfers. Tell us AT ONCE if you believe your online banking password has been lost or stolen. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within sixty (60) days after you receive a statement that shows any transfers that you did not make, you can lose no more than
Electronic Fund Transfer Provisions for Consumers. The provisions of this section apply only to electronic fund transfers that debit or credit a Consumer’s deposit account and are subject to Federal Reserve Board’s Regulation E. In case of errors or questions about your transactions related to any Online Service, please contact us as soon as you can by calling one of the numbers listed at the end of this Agreement, writing to us at U.S. Bank Online Banking Customer Service, P.O. Box 5190, Portland, OR 97208, or visiting any U.S. Bank branch. If you think your statement or transaction history is incorrect or you need more information about any Online Service transaction listed in your deposit statement or transaction history, we must hear from you no later than sixty (60) days after we sent the FIRST statement on which the problem or error appeared. You must: • Tell us your name and account number; • Describe the error or the transaction in question, and explain as clearly as possible why you believe it is an error or why you need more information; and • Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you send your complaint or question in writing within ten (10) Business Days after your oral notification. We will tell you the results of our investigation within ten (10) Business Days after we hear from you, and will correct any error promptly. However, if we require more time to confirm the nature of your complaint or question, we may take up to forty-five (45) days to complete our investigation. If we decide to do this, we will provisionally credit your account within ten (10) Business Days for the amount you think is in error so that you will have use of the money during the time that it takes us to complete our investigation. If we ask you to submit your complaint or question in writing and we do not receive it within ten (10) Business Days, we may not provisionally credit your account. For errors involving new accounts, we may take up to ninety (90) days to investigate your question and we may take up to twenty (20) business days to credit your account for the amount you think is in error. We will tell you the results within three (3) Business Days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of documents used in our investigation.
Electronic Fund Transfer Provisions for Consumers. You agree that usage of Members First Electronic Services bounds you to the conditions and terms outline in the Electronic Funds Transfers Disclosure (EFT).
Electronic Fund Transfer Provisions for Consumers. Applicability. These provisions are only applicable to online electronic fund transfers that credit or debit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT"). When applicable, the Bank may rely on any exceptions to these provisions that are contained in Regulation E. All terms that are not defined in this Agreement but which are defined in Regulation E shall have the same meaning when used in this section. Your Liability. The following determines your liability for any unauthorized EFT or any series of related unauthorized EFTs: If you notify the Bank within two (2) business days after your password was lost or stolen, your liability will not exceed $50.00 or the amount of the unauthorized EFTs that occur before notification, whichever is less If you fail to notify the Bank within two (2) business days after your password was lost or stolen, your liability will not exceed the lesser of $500.00 or the total of: $50.00 or the amount of unauthorized EFTs that occur within the two (2) business days; and the total of authorized EFTs which occur during the two (2) days before notification to the Bank, provided the Bank establishes that these EFTs would not have occurred had the Bank been notified within that two-day period. You must report an unauthorized EFT that appears on your periodic statement, no later than 60 days of transmittal of the statement to avoid liability for subsequent transfers. Your liability will not exceed the amount of the unauthorized EFTs that occurred with the 60-day period. You may also be liable for the amounts as described in sections 1 and 2 above. If the report is made orally, we will require that you send the complaint or question in writing within 10 business days. We will notify you with the results of the investigation within 10 business days and will correct any error promptly. If more time is needed, however, we may take up to 45 days to investigate a complaint or question. If this occurs, we will credit your account within 10 business days for the amount you think is in error. This will allow you to use the money during the time it takes us to complete our investigation. If your complaint or question is not received in writing within 10 business days, we may not credit your account until the investigation is completed. If an alleged error involves an electronic fund transfer outside a state or territory or possession of the United States, the applicab...
Electronic Fund Transfer Provisions for Consumers. This Section applies to all consumer deposit accounts accessed through TBO, including (without limitation) Statement Savings, Personal Checking and Money Market Select, except as noted. Use of TBO requires special consideration for security and privacy of account information to fully protect you from fraudulent access to your accounts.
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Electronic Fund Transfer Provisions for Consumers. The provisions in this section apply only to electronic fund transfers that debit or credit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT”). First National Bank Minnesota may, when applicable, rely on any exceptions to the provisions in this section that are contained in Regulation E. All terms not otherwise defined in this Agreement which are defined in Regulation E will have the same meaning when used in this section. TELEPHONE NUMBER AND ADDRESEES: For questions or errors about online funds transfers, Xxxx Pay Service questions, or any questions in general, please use the “Contact” information on our website for our locations. The telephone number and address to be notified when you believe that an unauthorized EFT has been or may be made are: BUSINESS DAYS: Our business days are Monday – Friday. Federal Holidays not included.
Electronic Fund Transfer Provisions for Consumers. The provisions in this Section only apply to personal accounts that are used primarily for personal, family, or household purposes.
Electronic Fund Transfer Provisions for Consumers.  Applicability. These provisions are only applicable to online electronic fund transfers that credit or debit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT") and/or Massachusetts General Law 167B. When applicable, the Bank may rely on any exceptions to these provisions that are contained in Regulation E and/or MGL 167B. All terms that are not defined in this Agreement but which are defined in the regulations shall have the same meaning when used in this section.  Chapter 167B of the Massachusetts General Laws was enacted to provide a means for financial institutions, businesses, and consumers to conduct their business relations more conveniently. Transferring funds electronically will supplement the use of checks, credit, and cash and will not replace these present methods of doing business. As a consumer, you should be aware of your rights if you choose to utilize this system.
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