Common use of Financial Institution’s Liability for Failure to Make Transfers Clause in Contracts

Financial Institution’s Liability for Failure to Make Transfers. 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 and the instructions you transmit, we will be liable for your actual losses or damages. However, the Credit Union will not be liable: • If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. • If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Credit Union user instructions for making transfer and xxxx payment transactions. • If your Computer fails or malfunctions or the Internet Banking Service was not properly working and such problem should have been apparent when you attempted such transaction. • If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent us from making the transaction. • If the funds in your account are subject to an administrative hold, legal process or other claim. • If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or xxxx payment. • If the error was caused by a system beyond the Credit Union’s control, such as your Internet Service Provider. • If there are other exceptions as established by the Credit Union from time to time.

Financial Institution’s Liability for Failure to Make Transfers. 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 and the instructions you transmit, we will be liable for your actual losses or damages. However, the Credit Union will not be liable: • If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. • If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Credit Union user instructions for making transfer and xxxx bill payment transactions. • If your Computer fails or malfunctions or the Internet Banking Service was not properly working and such problem should have been apparent when you attempted such transaction. • If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent us from making the transaction. • If the funds in your account are subject to an administrative hold, legal process or other claim. • If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or xxxx bill payment. • If the error was caused by a system beyond the Credit Union’s control, such as your Internet Service Provider. • If there are other exceptions as established by the Credit Union from time to time.

Financial Institution’s Liability for Failure to Make Transfers. 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 and the instructions you transmit, we will be liable for your actual losses or damages. However, the Credit Union will not be liable: •  If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. •  If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Credit Union user instructions for making transfer and xxxx payment transactions. •  If your Computer fails or malfunctions or the Internet Banking Service was not properly working and such problem should have been apparent when you attempted such transaction. •  If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent us from making the transaction. •  If the funds in your account are subject to an administrative hold, legal process or other claim. •  If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or xxxx payment. •  If the error was caused by a system beyond the Credit Union’s control, such as your Internet Service Provider. •  If there are other exceptions as established by the Credit Union from time to time.

Financial Institution’s Liability for Failure to Make Transfers. 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 and the instructions you transmit, we will be liable for your actual losses or damages. However, the Credit Union will not be liable: • If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. • If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Credit Union user instructions for making transfer and xxxx bill payment transactions. • If your Computer fails or malfunctions or the Internet Digital Banking Service was not properly working and such problem should have been apparent when you attempted such transaction. • If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent us from making the transaction. • If the funds in your account are subject to an administrative hold, legal process or other claim. • If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or xxxx bill payment. • If the error was caused by a system beyond the Credit Union’s control, such as your Internet Service Providerinternet service provider. • If there are other exceptions as established by the Credit Union from time to time.

Financial Institution’s Liability for Failure to Make Transfers. 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 and the instructions you transmit, we will be liable for your actual losses or damages. However, the Credit Union will not be liable: • If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. • If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Credit Union user instructions for making transfer and xxxx payment transactions. • If your Computer fails or malfunctions or the Internet Digital Banking Service was not properly working and such problem should have been apparent when you attempted such transaction. • If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent us from making the transaction. • If the funds in your account are subject to an administrative hold, legal process or other claim. • If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or xxxx payment. • If the error was caused by a system beyond the Credit Union’s control, such as your Internet Service Providerinternet service provider. • If there are other exceptions as established by the Credit Union from time to time.