Common use of Home Banking Functions Clause in Contracts

Home Banking Functions. If you subscribe to this service, you, or someone you have authorized by giving them your Access Codes, may use Ebanking to: (a) transfer funds between your transaction accounts, (b) obtain account balances and transaction information for your accounts, (c) review the history of transactions, and (d) send electronic mail (e-mail) to a Customer Service Representative at the Bank. lf there are certain accounts that you do not wish to access via Ebanking for purposes of transferring funds, obtaining account balances and transaction information, or reviewing the history of transactions, you must notify the bank of your desire to eliminate these accounts from such functionality. Your ability to transfer funds between certain accounts is limited by federal law, as stated in the Deposit Agreements. For example, you can make no more than six (6) transfers from a savings or money market savings account during each statement period, and, in the case of a money market savings account, no more than six (6) of such transfers may be made by check. Transfers and bill payments made using both Ebanking and other transfer methods described in the deposit agreements are counted against the permissible number of transfers. Instructions to transfer funds between accounts must be sent by 5:00 p.m. Central Time to be processed the SAME business day. Transfers received after 5:00 p.m. will be processed ONE business day later. Each transfer made from a loan account (e.g., an overdraft checking account) is treated as a cash advance from that account and is subject to the terms of the loan or other applicable agreement for that loan account. We reserve the right to limit or restrict transfers from any loan account depending upon the type of loan, our credit policies, your credit experience with us, or other factors determined by us in our sole discretion. The Bank will not immediately receive e-mail that you send. Therefore, you should not rely on e-mail if you need to communicate to the Bank immediately. For example, if you need to stop payment on a check, to report a lost or stolen card, or to report an unauthorized transaction from one of your accounts, you should contact the Bank immediately by calling us at the number listed in Section 12. The Bank will not take actions based on your e-mail requests until the Bank actually receives your message and has a reasonable opportunity to act. The Bank reserves the right to limit the amount of transaction history available on-line. The Bank reserves the right to limit the frequency and dollar amount of transactions from your accounts, as the Bank may determine at any time and from time to time in its sole discretion. Accounts requiring more than one signature for withdrawal cannot be linked to Ebanking for the purpose of transferring funds.

Appears in 3 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

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Home Banking Functions. If you subscribe to this service, you, or someone you have authorized by giving them your Access Codes, may use Ebanking Internet Banking to: (a) transfer funds between your transaction accounts, (b) obtain account balances and transaction information for your accounts, (c) review the history of transactions, and (d) send electronic mail (e-mail) to a Customer Service Representative at the Bank. lf there are certain accounts that you do not wish to access via Ebanking Internet Banking for purposes of transferring funds, obtaining account balances and transaction information, or reviewing the history of transactions, you must notify the bank of your desire to eliminate these accounts from such functionality. Your ability to transfer funds between certain accounts is limited by federal law, as stated in the Deposit Agreements. For example, you can make no more than six (6) transfers from a savings or money market savings account during each statement period, and, in the case of a money market savings account, no more than six (6) of such transfers may be made by check. Transfers and bill payments made using both Ebanking Internet Banking and other transfer methods described in the deposit agreements are counted against the permissible number of transfers. Instructions to transfer funds between accounts internally must be sent by 5:00 p.m. Central Time to be processed the SAME business day. Transfers Internal transfers received after 5:00 p.m. will be processed ONE business day later. Each transfer made from a loan account (e.g., an overdraft checking account) is treated as a cash advance from that account and is subject to the terms of the loan or other applicable agreement for that loan account. We reserve the right to limit or restrict transfers from any loan account depending upon the type of loan, our credit policies, your credit experience with us, or other factors determined by us in our sole discretion. The Bank will not immediately receive e-mail that you send. Therefore, you should not rely on e-mail if you need to communicate to the Bank immediately. For example, if you need to stop payment on a check, to report a lost or stolen card, or to report an unauthorized transaction from one of your accounts, you should contact the Bank immediately by calling us at the number listed in Section 12. The Bank will not take actions based on your e-mail requests until the Bank actually receives your message and has a reasonable opportunity to act. The Bank reserves the right to limit the amount of transaction history available on-line. The Bank reserves the right to limit the frequency and dollar amount of transactions from your accounts, as the Bank may determine at any time and from time to time in its sole discretion. Accounts requiring The Bank is not responsible for internal transfers from accounts that require 2 or more than one signature signatures for withdrawal cannot be linked to Ebanking for the purpose of transferring fundswithdrawal.

Appears in 1 contract

Samples: Internet Banking Agreement

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