ELECTRONIC FUND TRANSFERS DISCLOSURES Sample Clauses

ELECTRONIC FUND TRANSFERS DISCLOSURES. Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for the transactions listed. You should keep this notice for future reference. TRANSACTION FEES The current Consumer Fee Schedule states the costs associated with certain services that may be charged to you. The Credit Union may deduct such charges against any account except accounts where our right to deduct is prohibited by law. ATM OPERATOR/NETWORK FEES When you use an ATM not owned by us, you may be charged a fee by the ATM operator, by us, and/or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). See Consumer Fee Schedule for the Credit Union related fees. CONFIDENTIALITY We will disclose information to third parties about your account or the transfers you make: • Where it is necessary for completing transfers. • In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant. • In order to comply with government agency or court orders. • If unable to complete an electronic funds transfer due to non-suf- ficient funds. • If you give us written consent. • As explained in the separate Privacy Policy. DOCUMENTATION TERMINAL TRANSFERS You can get a receipt at the time you make a transfer to or from your account using an automated teller machine or point-of-sale terminal. However, you may not get a receipt if the amount of the transfer is under a minimum amount established by the terminal owner. PREAUTHORIZED CREDITS If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can contact us using any of the options listed under Contacting Member One Federal Credit Union to find out whether or not the deposit has been made. PERIODIC STATEMENTS You will receive a periodic statement for each monthly cycle in which an electronic funds transfer has occurred on your account, and at least quarterly if no transfer has occurred. Dormant accounts are treated separately, please ask a representative for details. PREAUTHORIZED PAYMENTS If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Call or write us at the telephone number or address listed in this brochure in time for us to receive your request 3 business da...
Sample 1Sample 2
AutoNDA by SimpleDocs
ELECTRONIC FUND TRANSFERS DISCLOSURES. The following disclosures provide important information concerning your rights and responsibilities when you make transfers to and from your accounts using CyberMAT.
Sample 1Sample 2
ELECTRONIC FUND TRANSFERS DISCLOSURES. Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for the transactions listed. You should keep this notice for future reference. TRANSACTION FEES The current Consumer Fee Schedule states the costs associated with certain services that may be charged to you. The Credit Union may deduct such charges against any account except accounts where our right to deduct is prohibited by law. ATM OPERATOR/NETWORK FEES When you use an ATM not owned by us, you may be charged a fee by the ATM operator, by us, and/or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). See business fee schedule for the Credit Union related fees. CONFIDENTIALITY We will disclose information to third parties about your account or the transfers you make: • Where it is necessary for completing transfers. • In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant. • In order to comply with government agency or court orders. • If unable to complete an electronic funds transfer due to nonsuffi- cient funds. • If you give us written consent. • As explained in the separate Privacy Policy.
Sample 1Sample 2
ELECTRONIC FUND TRANSFERS DISCLOSURES. Your Rights and Responsibilities Tell ECU immediately if you believe your card or PIN has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your checking account. 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 notify ECU within 2 business days after you learn of the loss or theft of your card or PIN, you can lose no more than $50 if someone used your card or PIN without your permission. If you do NOT tell ECU within 2 business days after you learn of the loss or theft of your card or PIN, and ECU determines it could have stopped someone from using your card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, PIN, or other means, notify ECU at once. If you do not notify ECU within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if ECU determines it could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from notifying us, ECU may extend the time periods. To report a lost or stolen card, please call 0-000-000-0000. You may also write us at: ECU Card Services, P.O. Box 1989, Kingsport, TN 37662. You should also call the number or write to the address listed above if you believe a transfer has been made using the information from your checking account without your permission. For purposes of these disclosures, ECU’s business days are Monday through Friday. Holidays on which ECU is closed are not included. You may use your card or PIN to:
Sample 1
ELECTRONIC FUND TRANSFERS DISCLOSURES. Most Bill Payments are processed by Electronic Fund Transfers. If the Payee is unwilling or unable to accept payment electronically, the Bill Payment will be made by check. Please see the NYMCU Online Banking Agreement for important information concerning your rights and responsibilities concerning these types of transfers.
Sample 1

Related to ELECTRONIC FUND TRANSFERS DISCLOSURES

  • Electronic Fund Transfers Initiated By Third Parties You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.

  • Electronic Funds Transfers By signing the Account Card, completing and transmitting an online account card or service request, or signing or using the Visa Debit Card, or Home Banking service you agree to the following terms governing your and our rights and responsibilities concerning the electronic funds transfer services, as applicable. Terms and conditions set forth elsewhere in this Agreement shall also apply to your electronic funds transfer service. Electronic funds transfers ("EFTs") are electronically initiated transfers of money through direct deposits, automated teller machines ("ATMs"), point of sale transactions, debit card purchases, audio response transactions and online transactions involving your deposit accounts at the Credit Union.

  • Electronic Signatures and Electronic Records The Parties consent to the use of electronic signatures. The Agreement, and any other documents requiring a signature hereunder, may be signed electronically by the Parties in the manner specified by any applicable City regulation, rule, and/or ordinance. The Parties agree not to deny the legal effect or enforceability of the Agreement solely because it is in electronic form or because an electronic record was used in its formation. The Parties agree not to object to the admissibility of the Agreement in the form of an electronic record, or a paper copy of an electronic document, or a paper copy of a document bearing an electronic signature, on the ground that it is an electronic record or electronic signature or that it is not in its original form or is not an original.

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