Common use of Electronic Funds Transfers Clause in Contracts

Electronic Funds Transfers. The following terms set forth your and our additional rights and responsibilities concerning electronic funds transfers. 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 preauthorized deposits and payments, Visa Debit Card, automated teller machines (“ATMs”), point of sale (POS), telephone services provided by Member Service staff, audio response (“Telephone Teller”), and Online and Mobile Banking, Account-to-Account and Zelle Funds transfers services involving your deposit accounts at the Credit Union. 1. Visa Debit/ATM Card and POS Services a. Visa Debit Card. If we approve your Application for a Visa Debit Card, you may use your card to purchase goods and services any place your Visa Debit Card is honored by participating merchants. Funds to cover your Visa Debit Card purchases will be deducted from your checking account. If the balance in your account is not sufficient to pay the transaction amount, the Credit Union may terminate all services under this Agreement, unless you have an approved Overdraft Protection Agreement with us. You do not have the right to stop payment on Visa Debit Card transactions other than preauthorized transfers under Section 18, which follows.

Electronic Funds Transfers. The following terms set forth your and our additional rights and responsibilities concerning electronic funds transfers. 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 preauthorized deposits and payments, Visa Debit Card, automated teller machines (“ATMs”), point of sale (POS), telephone services provided by Member Service staff, audio response (“Telephone Teller”), and Online and Mobile Banking, Account-to-Account and Zelle Popmoney Funds transfers services involving your deposit accounts at the Credit Union. 1. Visa Debit/ATM Card and POS Services a. Visa Debit Card. If we approve your Application for a Visa Debit Card, you may use your card to purchase goods and services any place your Visa Debit Card is honored by participating merchants. Funds to cover your Visa Debit Card purchases will be deducted from your checking account. If the balance in your account is not sufficient to pay the transaction amount, the Credit Union may terminate all services under this Agreement, unless you have an approved Overdraft Protection Agreement with us. You do not have the right to stop payment on Visa Debit Card transactions other than preauthorized transfers under Section 18, which follows.

Electronic Funds Transfers. The following terms set forth your and our additional rights and responsibilities concerning electronic funds transfers. 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 preauthorized deposits and payments, Visa Debit Card, automated teller machines (“ATMs”), point of sale (POS), telephone services provided by Member Service staff, audio response (“Telephone Teller”), and Online and Mobile Banking, Account-to-Account and Zelle Funds transfers services involving your deposit accounts at the Credit Union. 1. Visa Debit/ATM Card and POS Services a. Visa Debit Card. If we approve your Application for a Visa Debit Card, you may use your card to purchase goods and services any place your Visa Debit Card is honored by participating merchants. Funds to cover your Visa Debit Card purchases will be deducted from your checking account. If the balance in your account is not sufficient to pay the transaction amount, the Credit Union may terminate all services under this Agreement, unless you have an approved Overdraft Protection Agreement with us. You do not have the right to stop payment on Visa Debit Card transactions other than preauthorized transfers under Section 18, which follows.transactions