Funds Transfer Service Terms: Payments, Deposits and Transfers You Make or Receive by Electronic Methods. We provide a variety of electronic funds transfer (“EFT”) services for SoFi Bank Accounts. These include P2P Transfers, Bill Pay services, deposits and transfers that you make or receive by electronic methods, such as with your SoFi Debit Card, through the SoFi Mobile App or through xxx.xxxx.xxx. Funds transfers to or from your Account will be governed by the rules of any funds transfer system through which the transfers are made (“System Rules”), including Fedwire, the National Automated Clearing House Association (“NACHA”), the Electronic Check Clearing House Organization, any regional association (each an ACH), the Clearing House Interbank Payments System (“CHIPS”), the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and the RTP system (“RTP System”). We are under no obligation to honor, in whole or in part, any payment order or other instruction that could result in our contravention of applicable law, including, without limitation, OFAC requirements.
Funds Transfer Service Terms: Payments, Deposits and Transfers You Make or Receive by Electronic Methods. We provide a variety of electronic funds transfer (“EFT”) services for SoFi Bank Accounts. These include P2P Transfers, Bill Pay services, deposits and transfers that you make or receive by electronic methods, such as with your SoFi Debit Card, through the SoFi Mobile App or through or xxxx.xxx. Funds transfers to or from your Account will be governed by the rules of any funds transfer system through which the transfers are made (“System Rules”), including Fedwire, the National Automated Clearing House Association, the Electronic Check Clearing House Organization, any regional association (each an ACH), the Clearing House Interbank Payments System (“CHIPS”), the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and the RTP system (“RTP System”). We are under no obligation to honor, in whole or in part, any payment order or other instruction that could result in our contravention of applicable law, including, without limitation, OFAC requirements. Please note that prior to releasing a wire transfer, we may call you back at the number on file to require complete verification of the wire details.
