Common use of Electronic Fund Transfers Initiated By Third Parties Clause in Contracts

Electronic Fund Transfers Initiated By Third Parties. Our Accounts may be able to send or receive electronic transfers that are initiated by third parties, so long as you authorize those transfers. These EFTs may be one-time occurrences or may recur as directed by you. ACH or other payment networks may be used in the process ofan EFT. There are a number of ways xxxxxx authorize the third party to make these transfers. For example, you could authorize a third partyto convert a checkto an electronic transfer if you go forward with the transaction after the third partyhas givenyou notice. Any form of authorizationwill requireyou to providethe third party your Account number and bankinformation. Youcan locate this information on your checks. Yourbankand Account information should only be provided to trusted third parties whom you have provided authorization to initiate these EFTs (via phone, internetor other method). These EFTs include but are not limited to the following examples: i. Preauthorized credit. Arrangements may be made for certain direct deposits to be received into your Account. ii. Preauthorized payments. Arrangements may be made for certain recurring payments from your Account. The electronic returned check charge is generated by the merchant and may vary. Refer to the Limit on Saving Account(s) section regarding limitations that apply to savings and money market Accounts.

Electronic Fund Transfers Initiated By Third Parties. Our Accounts may be able to send or receive electronic transfers that are initiated by third parties, so long as you authorize those transfers. These EFTs may be one-time occurrences or may recur as directed by you. ACH or other payment networks may be used in the process ofan EFT. There are a number of ways xxxxxx authorize the third party to make these transfers. For example, you could authorize a third partyto party to convert a checkto an electronic transfer if you go forward with the transaction after the third partyhas givenyou party has given you notice. Any form of authorizationwill authorization will requireyou to providethe provide the third party your Account number and bankinformationbank information. Youcan You can locate this information on your checks. Yourbankand Your bank and Account information should only be provided to trusted third parties whom you have provided authorization to initiate these EFTs (via phone, internetor other methodinternet or othermethod). These EFTs include but are not limited to the following examples: i. Preauthorized credit. Arrangements may be made for certain direct deposits to be received into your Account. ii. Preauthorized payments. Arrangements may be made for certain recurring payments from your Account. The electronic returned check charge is generated by the merchant and may vary. Refer to the Limit on Saving Account(s) section regarding limitations that apply to savings and money market Accounts.

Electronic Fund Transfers Initiated By Third Parties. Our Accounts may be able to send or receive electronic transfers that are initiated by third parties, so long as you authorize those transfers. These EFTs may be one-time occurrences or may recur as directed by you. ACH or other payment networks may be used in the process ofan EFT. There are a number of ways xxxxxx authorize the third party to make these transfers. For exampleForexample, you could authorize a third partyto party to convert a checkto an electronic transfer if you go forward with the transaction after the third partyhas givenyou notice. Any form of authorizationwill requireyou to providethe third party your Account yourAccount number and bankinformation. Youcan locate this information on your checks. Yourbankand Account information should only be provided to trusted third parties whom you have provided authorization to initiate these EFTs (via phone, internetor other methodothermethod). These EFTs include but are not limited to the following examples: i. Preauthorized credit. Arrangements may be made for certain direct deposits to be received into your Account. ii. Preauthorized payments. Arrangements may be made for certain recurring payments from your Account. The electronic returned check charge is generated by the merchant and may vary. Refer to the Limit on Saving Account(s) section regarding limitations that apply to savings and money market Accounts.

Electronic Fund Transfers Initiated By Third Parties. Our Atmos deposit Accounts may be maybe able to send or receive electronic transfers that are initiated by third partiesthirdparties, so long as you authorize those transfers. These EFTs may be one-time occurrences or may recur as directed by you. ACH or other payment networks may be used in the process ofan of an EFT. There are a number of ways xxxxxx you may authorize the third party to make these transfersthesetransfers. For example, Forexample,you could authorize a third partyto convert a checkto an partytoconverta checktoan electronic transfer if you go forward with the transaction transferifyou goforwardwith thetransaction after the third partyhas givenyou party has given you notice. Any form of authorizationwill authorization will requireyou to providethe provide the third party your Account number and bankinformation. Youcan locate this information on your Atmos checks. Yourbankand Your bankand Account information should only be provided to trusted third parties whom you providedtotrustedthirdpartieswhomyou have provided authorization to initiate these EFTs (via initiatethese EFTs(via phone, internetor other method). These EFTs include but are not limited to the following examples: i. Preauthorized credit. Arrangements may be made for certain direct deposits to be received into your Account. ii. Preauthorized payments. Arrangements may be made for certain recurring payments from your Account. The electronic returned check charge is generated by the merchant and may vary. Refer to the Limit on Saving Account(s) section regarding limitations that apply to savings and money market Accounts.