Common use of Fund Transfer Clause in Contracts

Fund Transfer. Cardholder may transfer funds from the Account to the Cardholder’s other enrolled accounts, to third party accounts within the Bank, or to other accounts maintained with other banks. The Bank will effect the online fund transfer, provided there are sufficient funds available in the Account. You represent and warrant that you have authorized such fund transfer from your Account. The Cardholder will be responsible for informing the third-party account holder of the transfer made. The transfers are irrevocable once effected by the Bank. Any erroneous transfer shall be borne exclusively by the Cardholder subject to the provisions of

Appears in 4 contracts

Samples: Unionbank Epaycard Terms, Unionbank Epaycard Terms, Unionbank Epaycard Terms

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