Electronic Fund Transfer Services. At the present time, the following types of electronic fund transfers to or from your account(s) in the Credit Union may be authorized: Transfers TO your account(s) (credits): Transfers FROM your account(s) (debits): AUTOMATED CLEARING HOUSE TRANSFER SERVICES: We offer preauthorized EFT services through the Federal Reserve. We are able to electronically transfer available funds from your account(s) to accounts at other financial institutions or receive funds electronically from other financial institutions for deposit to your account. Because you must authorize such transfers in advance, these transfers are called "Preauthorized Transfers." Some of the services offered as preauthorized transfers are direct deposit of payroll, social security and other government payments, and automatic bill payment services. AUTOMATED TELLER MACHINE (ATM) TRANSACTIONS: If you have a debit card (which contains a Visa hologram); along with a Personal Identification Number (PIN), you can use it to make any or all of the following transactions at any participating automated teller machine networks. Some transactions listed below may not be available to all networks: POINT OF SALE TRANSACTIONS (POS): Your card may be used to purchase goods or services from merchants who have arranged to accept a debit card as a means of payment. If you have a Visa Debit Card, it may be used to purchase goods and services from Visa merchants. These merchants are collectively referred to as "Participating Merchants" and will display a logo or other symbol that identifies them as a merchant who will accept your card. Purchases made with our card, including any purchases where you receive cash back, are referred to as "point of sale" transactions or "POS" transactions. A POS will cause your Savings or Checking Account to be debited for the amount of the purchase. TELEPHONE AUDIO RESPONSE SERVICES (FAST): If you have an Access Code (PIN), you can also use it to make any and all of the following non-cash Electronic Fund Transfers using the Fast Access Audio Teller, (FAST), via a touch-tone phone:
Electronic Fund Transfer Services. 1. We may provide you, either ourselves or through a service provider we may hire, with electronic funds transfer ("EFT") or EFT services, which allow you to authorize and direct us, from time to time, on your behalf, to make transfers of funds (subject to the sufficiency of funds provisions set forth in the HSA Documentation) to third parties in the amounts specified by you.
2. Subject to the limitations disclosed in the HSA Documentation, you may transfer funds or arrange to have preauthorized payments made to and from your HSA online at xxx.XxxxxXxxx.xxx. For such services, you authorize us to charge or credit your HSA the amount of each payment instruction and any and all charges applicable to the service(s) we provided to you as set forth in the HSA Documentation. You understand that in performing requested services, we may make payments by Check or electronic funds transfer, and we will be acting as your agent in making such payments. To the extent required by applicable law, if we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance, if there are insufficient funds in your HSA to make the transfer, or if circumstanced beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken.
3. To stop payment on a single payment in a series of recurring preauthorized third party debits to your HSA, or to discontinue a recurring preauthorized third party debit to your HSA entirely, you should contact the merchant, allowing adequate time for that party to cancel the payment and for us to implement the cancellation request (which typically may take up to several days). We are not responsible for any failure by a merchant to stop a payment or for your failure to notify the merchant in time to stop any given payment from your HSA.
4. If you have instructed us, through services available on our website, to make regular payments to or from your HSA, you can stop such payments online at xxx.XxxxxXxxx.xxx. We must receive your cancellation request at least three
Electronic Fund Transfer Services. At the present time, you can authorize the following types of electronic transfers to or from your account(s). Transfers to your account(s). Transfers from your account(s). ATM Transactions. If you have our debit card for which we have issued a PIN, you can use it to make some or all of the following transactions at ATMs.
Electronic Fund Transfer Services. At the present time, the following types of electronic fund transfers to or from your account(s) in the credit union may be authorized: Direct deposits from employers who have agreed to send such deposits to us. Direct deposit of various governmental benefits. DIRECT DEPOSITS – If, in connection with a direct deposit plan, we deposit any amount in this account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from this account or from any other account you have with us, without prior notice except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. Deposit(s) from any third party through the facilities of the Payment Authority of which we are a member.) Automatic transfers to your account(s) from another person’s account with us. Automatic deduction from your account of premium for insurance coverage available only to our members. Payments of your house mortgage payments, insurance payments, and utility bills, as well as other types of payments to third parties, through the facilities of the Payment Authority. Automatic transfers from your account(s) to another person’s account with us Automatic transfers from your account(s) to make payments on another person’s loan owing to us. Automated Teller Machine (ATM) Transactions: If you have an ATM/DEBIT card for which we have issued a Personal Identification Number (PIN), you can use it to make any or all of the following transactions at most Automated Teller Machine: Deposits to Regular Share account, and Share Draft/Checking account. Cash withdrawals from your Regular Share account and Share Draft/Checking account. Transfer of funds (non-cash) between Shares, Share Draft, and Line of Credit. Verify balances in specified savings, checking, or loan accounts that you have with us. (Those are not “electronic fund transfers”.)
Electronic Fund Transfer Services. At the present time, you can authorize the following types of Electronic Fund transfers to or from your account at Security Credit Union including the following:
Electronic Fund Transfer Services. The EFT services that are available to you, which may be initiated through Online Banking, Mobile Banking or by calling us, are as follows. • Internal Account Transfers • Account to Account Transfer Service • Xxxx Payment with Xxxx Presentment Service • Direct Deposit of your paycheck, Social Security and other government payments. • Any deposit or withdrawal made electronically in your Account, such as through the ACH Network. • Cash Withdrawals using your ATM (or debit) card and PIN at ATMs.
Electronic Fund Transfer Services. The following terms are used to describe Electronic Fund Transfer (“EFT”) services. “Automated credits” or “direct deposits” are deposits made to your Current Account by electronic means. “Automated debits” and “automated payments” indicate payments authorized by you to be made from your Current Account by electronic means. “Online Transfers” are the movement of funds between your Current Account by use of the Mobile App or the Website. When you accept direct deposits or authorize automatic payments/debits or transfers to or from your Current Account, you agree to these terms and conditions. Other relevant terms and conditions described elsewhere in the Agreement also apply as long as they are consistent with Regulation E or Section II of this Agreement.
Electronic Fund Transfer Services. The following services are categorized as Electronic Fund Transfer Services: ▪ Direct Deposit ▪ Telephone Banking ▪ ATM/Debit Card ▪ Internet Banking and Bill Payment
Electronic Fund Transfer Services. At the present time, you can authorize the following types of electronic fund transfers to or from your asset account(s) at OU Credit Union: Transfers TO Your Account(s) (Credits): Transfers FROM Your Account(s) (Debits): MoneyLine Transactions: Visa Debit Card and ATM Point-of-Sale Transactions:
Electronic Fund Transfer Services a. Types of Transactions. We offer the following types of EFT services for your Account.
