Common use of FUNDS TRANSFER AGREEMENT AND NOTICE Clause in Contracts

FUNDS TRANSFER AGREEMENT AND NOTICE. The State of California has adopted as law Article 4A of the Uniform Commercial Code, and the Board of Governors of the Federal Reserve has amended Subpart B of Regulation J. This law and regulation cover the movement of funds by means of wire transfers, Automated Clearing House (ACH) transactions, and some book transfers on the Credit Union’s records. The law is intended to establish a comprehensive legal framework covering the duties, responsibilities, and liabilities of all parties involved in a funds transfer. This Funds Transfer Agreement (Agreement) contains several notices that we are required to provide to you and establishes other terms of agreement that will apply to all funds transfers that involve you and the Credit Union. Using the Credit Union to send or receive funds transfers shall constitute your acceptance of all of the terms and conditions contained in this Agreement. To the extent that the terms contained in this Agreement are different than those in any other agreement or terms of account, this Agreement shall control and be deemed to modify such other agreements or terms of account.

Appears in 4 contracts

Samples: lapfcu.org, lapfcu.org, lapfcu.org

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FUNDS TRANSFER AGREEMENT AND NOTICE. The State of California has adopted as law Article 4A of the Uniform Commercial Code, and the Board of Governors Xxxxx- xxxx of the Federal Reserve has amended Subpart B of Regulation J. This law and regulation cover the movement of funds by means of wire transfers, Automated Clearing House (ACH) transactions, and some book transfers on the Credit Union’s records. The law is intended to establish a comprehensive legal framework covering the duties, responsibilities, and liabilities li- abilities of all parties involved in a funds transfer. This Funds Transfer Agreement (Agreement) contains several notices that we are required to provide to you and establishes es- tablishes other terms of agreement that will apply to all funds transfers that involve you and the Credit Union. Using the Credit Union to send or receive funds transfers trans- fers shall constitute your acceptance of all of the terms and conditions contained in this Agreement. To the extent that the terms contained in this Agreement are different than those in any other agreement or terms of account, this Agreement shall control and be deemed to modify such other agreements or terms of account.

Appears in 1 contract

Samples: Member Account Agreement

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FUNDS TRANSFER AGREEMENT AND NOTICE. The State of California has adopted as law Article 4A of the Uniform Commercial Code, Code and the Board of Governors of the Federal Reserve has amended Subpart B of Regulation J. This law and regulation cover the movement of funds by means of wire transfers, Automated Clearing House (ACH) transactions, credits and some book transfers on the Credit Union’s 's records. The law is intended to establish a comprehensive legal framework covering the duties, responsibilities, responsibilities and liabilities of all parties involved in a funds transfer. This Funds Transfer Agreement and Notice (Agreement“Agreement and Notice”) contains several notices that we which you are required to provide to you me and establishes other terms of agreement that which will apply to all funds transfers that which involve you me and the Credit Unionyou. Using the Credit Union to send or receive funds transfers shall constitute your my acceptance of all of the terms and conditions contained in this AgreementAgreement and Notice. To Except as otherwise stated herein, to the extent that the terms contained in this Agreement and Notice are different than those in any other agreement or terms of account, this Agreement and Notice shall control and be deemed to modify such other agreements or terms of account.

Appears in 1 contract

Samples: Account Agreement

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