Common use of FUNDS TRANSFER AGREEMENT AND NOTICE Clause in Contracts

FUNDS TRANSFER AGREEMENT AND NOTICE. 1. This Funds Transfer Agreement and Notice (“Funds Transfer Agreement”) contains several notices which the Credit Union is required to provide to you and establishes other terms of agreement which will apply to all funds transfers which involve you and the Credit Union, as governed by Uniform Commercial Code and federal Regulation J, Subpart B. Using the Credit Union to send or receive funds transfers shall constitute your acceptance of all of the terms and conditions contained in this Funds Transfer Agreement. To the extent that the terms contained in this Funds Transfer Agreement are different than those in any other agreement or terms of account, this Funds Transfer Agreement shall control and be deemed to modify such other agreements or terms of account, this Funds Transfer Agreement shall control and be deemed to modify such other agreements or terms of account. If any part of this Funds Transfer Agreement is invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect.

Appears in 5 contracts

Samples: Master Account Agreement, Master Account Agreement, Master Account Agreement

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