Common use of Funds Transfers Clause in Contracts

Funds Transfers. You may make funds transfers using the OnLine Banking service. You may transfer funds between qualifying accounts You own at DFCU Financial, referred to as Internal Transfers, and between Your qualifying DFCU Financial accounts and accounts You own at other financial institutions, referred to as External Transfers. You may also transfer funds from Your DFCU Financial accounts to an account of another DFCU Financial member, referred to as a Member-to-Member Transfer. All Transfers may be created as a one-time transfer, a one-time scheduled transfer, or as a recurring scheduled transfer. External Transfers You may choose to add qualifying accounts which You would like to use with the funds transfer service. All qualifying accounts must be with financial institutions in the United States and in U.S. Dollars. A qualifying account may be added or deleted by You at any time. To add a qualifying funds transfer account, You authorize Us to make small deposits to the qualifying account to confirm Your control of the account. You agree to verify, online, the amount of such deposits. The qualifying account will be activated for use upon Your verification of the deposit amounts. Upon Your request, We will make electronic transfers from a qualifying account via the Automated Clearing House (ACH) system in the amount You specify. You agree that such requests made within the OnLine Banking service constitute Your written authorization for such transfers. You agree that We are not responsible to investigate discrepancies between account number and names on the account and may execute that transaction with account number reference only. If Your qualifying account ever reflects an amount owed to Us, You agree to pay such amount to Us immediately upon demand. You also agree to pay for all collection costs including reasonable attorney fees. For an External Transfer, We debit one of Your accounts and credit another of Your accounts. If the debit side of the transaction fails and the credit side of the transaction is completed, You authorize Us to collect from the account to which the credit side of the transaction was sent. We reserve the right to resubmit a debit or a partial debit against any of Your qualifying funds transfer accounts to recover any deficiency resulting from the original amount plus any fees imposed.

Funds Transfers. You may make funds transfers using the OnLine Online Banking service. You may transfer funds between qualifying accounts You own at DFCU Financial, referred to as Internal Transfers, and between Your qualifying DFCU Financial accounts and accounts You own at other financial institutions, referred to as External Transfers. You may also transfer funds from Your DFCU Financial accounts to an account of another DFCU Financial member, referred to as a Member-to-Member Transfer. All Transfers may be created as a one-time transfer, a one-time scheduled transfer, or as a recurring scheduled transfer. External Transfers You may choose to add qualifying accounts which You would like to use with the funds transfer service. All qualifying accounts must be with financial institutions in the United States and in U.S. Dollars. A qualifying account may be added or deleted by You at any time. To add a qualifying funds transfer account, You authorize Us to make small deposits to the qualifying account to confirm Your control of the account. You agree to verify, onlineOnline, the amount of such deposits. The qualifying account will be activated for use upon Your verification of the deposit amounts. Upon Your request, We will make electronic transfers from a qualifying account via the Automated Clearing House (ACH) system in the amount You specify. You agree that such requests made within the OnLine Online Banking service constitute Your written authorization for such transfers. You agree that We are not responsible to investigate discrepancies between account number and names on the account and may execute that transaction with account number reference only. If Your qualifying account ever reflects an amount owed to Us, You agree to pay such amount to Us immediately upon demand. You also agree to pay for all collection costs including reasonable attorney fees. For an External Transfer, We debit one of Your accounts and credit another of Your accounts. If the debit side of the transaction fails and the credit side of the transaction is completed, You authorize Us to collect from the account to which the credit side of the transaction was sent. We reserve the right to resubmit a debit or a partial debit against any of Your qualifying funds transfer accounts to recover any deficiency resulting from the original amount plus any fees imposed.

Funds Transfers. You may make funds transfers using the OnLine Online Banking service. You may transfer funds between qualifying accounts You you own at DFCU FinancialCentris, referred to as Internal Transfers, and between Your your qualifying DFCU Financial Centris accounts and accounts You you own at other financial institutions, referred to as External Transfers. You may also transfer funds from Your DFCU Financial your Centris accounts to an account of another DFCU Financial Centris member, referred to as a Member-to-Member TransferTransfers. All Transfers may be created as a one-time transfer, a one-time scheduled transfer, or as a recurring scheduled transfer. External Transfers You may choose to add qualifying accounts which You you would like to use with the funds transfer service. All qualifying accounts must be with financial institutions in the United States and in U.S. Dollarsdollars. A qualifying account may be added or deleted by You you at any time. To add a qualifying funds transfer account, You you authorize Us us to make small deposits to the qualifying account to confirm Your your control of the account. You agree to verify, online, the amount of such deposits. The qualifying account will be activated for use upon Your your verification of the deposit amounts. Upon Your your request, We we will make electronic transfers from a qualifying account via the Automated Clearing House (ACH) system in the amount You you specify. You agree that such requests made within the OnLine Online Banking service constitute Your your written authorization for such transfers. You agree that We we are not responsible to investigate discrepancies between account number and names on the account and may execute that transaction with account number reference only. If Your your qualifying account ever reflects an amount owed to Usus, You you agree to pay such amount to Us us immediately upon demand. You also agree to pay for all collection costs including reasonable attorney fees. For an External Transfer, We we debit one of Your your accounts and credit another of Your your accounts. If the debit side of the transaction fails and the credit side of the transaction is completed, You you authorize Us us to collect from the account to which the credit side of the transaction was sent. We reserve the right to resubmit a debit or a partial debit against any of Your your qualifying funds transfer accounts to recover any deficiency resulting from the original amount plus any fees imposed.