INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, that: a) the Interac e-Transfer Services are only available in Canadian dollars; b) the Account will be debited as soon as You or a Signing Officer initiates a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled; c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You; d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution; e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates the Transaction; f) as the sender or authorizer, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient; g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice; h) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction; i) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer; j) We will not be liable for any cost, expense, loss, damage or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement; k) as the recipient, You or a Signing Officer will not disclose the Interac e- Transfer Answer except as required to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
Appears in 17 contracts
Samples: Standard Terms and Conditions, Standard Terms and Conditions, Standard Terms and Conditions for Credit Union Business Accounts
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may will be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim or decline the Transaction;
ih) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
ji) We will not be liable for any cost, expense, loss, damage losses or inconvenience of any nature or kind whatsoever damages incurred as a result of a Third Party, person other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer;
j) as the sender, You will not include the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreementdetails;
k) as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim or decline the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, Institution or through the Interac Corp. payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestorservice;
Appears in 5 contracts
Samples: Direct Services Agreement, Terms and Conditions, Terms and Conditions
INTERAC E-TRANSFER® SERVICES. If Alterna through the Financial Institution through Direct Services for Small Business makes Interac e-Transfer the Services available and You the member or a Signing Officer authorizes the use of Interac e-Transfer the Services, You acknowledge the member acknowledges and agreeagrees, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, that:
a) a. the Interac e-Transfer the Services are only available in Canadian dollars;
b) b. the Account will be debited as soon as You the member or a Signing Officer initiates authorizes a Transaction, and We Alterna may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have Alterna has no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are Alterna is deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) c. Transactions sent and received through the Interac e-Transfer the Services are subject to number and dollar limits that may change from time to time without prior notice to Youthe member;
d) We d. Alterna will not be responsible or liable for any losses or damages incurred as a result of funds held and and/or limits set by UsAlterna, Interac Corp.Acxsys Corporation, or a Participating Financial Institution;
e) e. an Interac e-Transfer Notice advising the recipient of the Transaction may will be generated within approximately 30 minutes after You the member or a Signing Officer originates or authorizes the Transaction;
f) f. as the sender or authorizer, You the member or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, g. the recipient must correctly provide the Interac e-Transfer Answer to claim or decline the Transaction;
i) Weh. Alterna, the other Participating Financial Institution, and Interac Corp. Acxsys Corporation or Interac Corp.’s Acxsys Corporation's agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer the Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
j) We i. Alterna will not be liable for any cost, expense, loss, damage losses or inconvenience of any nature or kind whatsoever damages incurred as a result of a Third Party, person other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer;
j. as the sender or authorizer, the member or Signing Officer will not include the e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreementdetails;
k) x. as the recipientrecipient or receiver, You the member or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim or decline the transferTransaction; l) l. the recipient may claim a Transaction using Our the online banking services of Alterna or another Participating Financial Institution; Transactions sent via account number, Institution or through the Acxsys Corporation payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestorservice;
Appears in 3 contracts
Samples: Online Access Agreement, Online Access Agreement, Online Access Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes the Should you decide to make use of Interac e-Transfer Transfer® Services, You you acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or you initiate a Signing Officer initiates a Transaction, transfer and We Alterna may hold the Transaction amount until transfer amountuntil the recipient successfully claims the Transaction transfer or the Transaction transfer is cancelled. We have Alterna has no obligation to and will not pay interest on the Transaction transfer amount. To the extent permitted at law, We are Alterna is deemed to have a security interest in the Transaction transfer amount from the time the Account is debited until the recipient successfully claims the Transaction transfer or the Transaction transfer is cancelled;
cb) Transactions transfers sent and received through the Interac e-Transfer Services Transfer® Service are subject to number and dollar limits that may thatmay change from time to time without prior notice to Youthe member;
c) as the sender, you will create an effective e -Transfer Answer that is known only to you and the intended recipient;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates the Transaction;
f) as the sender or authorizersender, You or a Signing Officer you will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
ge) You as the sender, you will not use email or a Signing Officer will select an Interac any optional message that may accompany the transfer to send the recipient the e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer NoticeAnswer;
hf) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) WeAlterna, the other Participating Financial Institutionparticipating financial institution, and Interac Corp. Interac® (‘Acxsys Corporation’) or Interac Corp.’s agents Acxsys Corporation’sagents are entitled to pay the Transaction transfer amount to anyone who, using the Interac e-Transfer ServicesTransfer® Service, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
jg) We as the recipient, you will not disclose the e-Transfer Answer except as required to claim or decline the transfer;
h) without limiting the generality of Section 4, Alterna will not be liable for losses or damages incurred as a result of a person other than the intended recipient guessing or otherwise obtaining the e -Transfer Answer;
i) without limiting the generality of Section 3, Alterna will not be liable for any cost, expense, loss, damage or inconvenience damage, orinconvenience of any nature or kind whatsoever arising as a result of a delay in processing a transfer or fortransfers claimed by someone other than the intended recipient;
j) Alterna will not be responsible or liable for any losses or damages incurred as a result of funds held and/or limitsset by Alterna, Acxsys Corporation, or a Third Partyparticipating financial institution;
k) you will not use Interac e-Transfers ® for any purpose that is unlawful, other than the intended recipient fraudulent or contrary to the Transaction, guessing terms set out in this agreement;
l) You will not attempt to impersonate any person or obtaining misrepresent his or her identity for the purpose of sending or receiving transfers through the Interac e-Transfer® Service; and
m) You are responsible for reviewing the status of any e-Transfer Answer through any means other than he or she sends using the e-Transfer Service by checking his/her payment history in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
k) as the recipient, You or a Signing Officer will not disclose the Interac e- Transfer Answer except as required to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;Online Banking.
Appears in 3 contracts
Samples: Online Access Agreement, Online Access Agreement, Online Access Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates the Transaction;
f) as the sender or authorizer, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
j) We will not be liable for any cost, expense, loss, damage or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
k) as the recipient, You or a Signing Officer will not disclose the Interac e- Transfer Answer except as required to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
m) if the recipient declines a Transaction that You initiated, the Transaction will be returned to You; n) while the Interac e-Transfer Notice is usually delivered to the recipient within 30 minutes, We do not guarantee the time of deposit;
o) as the sender, the Transaction will be returned to You if the recipient does not claim the Transaction within 30 days of the date the Transaction is initiated, if the Transaction cannot be successfully sent to the recipient’s Interac e-Transfer Contact Information as provided by You, or if the recipient declines the Transaction; p) as the sender, You or a Signing Officer is responsible for providing the recipient’s correct Interac e-Transfer Contact Information and further agree that the recipient has consented to such notice in compliance with any applicable requirements of Canada’s Anti-Spam Legislation (CASL) and to Your use of the Interac e-Transfer Contact Information for Interac e-Transfer Services purposes, including its provision to Us, the other Participating Financial Institution, and Interac Corp.;
Appears in 3 contracts
Samples: Direct Services Agreement, Terms and Conditions, Direct Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
hg) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
ih) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
ji) We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
kj) as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; lk) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
Appears in 3 contracts
Samples: Direct Services Agreement, Terms and Conditions, Direct Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
hg) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
ih) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
ji) We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You you provided that You or a Signing Officer did not participate in the Wrongful Activity, You you fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
kj) as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; lk) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
Appears in 2 contracts
Samples: Terms and Conditions, Terms and Conditions
INTERAC E-TRANSFER® SERVICES. If Should the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes the client decide to make use of Interac Interac® e-Transfer Services, You acknowledge the client acknowledges and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agrees that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) 1. the Account will be debited as soon as You or a Signing Officer the client initiates a Transaction, transfer and We Alterna may hold the Transaction transfer amount until the recipient successfully claims the Transaction transfer or the Transaction transfer is cancelled. We have Alterna has no obligation to and will not pay interest on the Transaction transfer amount. To the extent permitted at law, We are Alterna is deemed to have a security interest in the Transaction transfer amount from the time the Account is debited until the recipient successfully claims the Transaction transfer or the Transaction transfer is cancelled;
c) Transactions 2. transfers sent and received through the Interac Interac®e-Transfer Services Service are subject to number and dollar limits that may change from time to time without prior notice to Youthe client;
d) We 3. as the sender, the client will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) create an Interac effective e-Transfer Notice advising Answer that is known only to the recipient of client and the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates the Transactionintended recipient;
f) 4. as the sender or authorizersender, You or a Signing Officer the client will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You 5. as the sender, the client will not use email or a Signing Officer will select an Interac any optional message that may accompany the transfer to send the recipient the e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer NoticeAnswer;
h) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) We6. Alterna, the other Participating Financial Institutionparticipating financial institution, and Interac Corp. Interac® (‘Acxsys Corporation’) or Interac Corp.Acxsys Corporation’s agents are entitled to pay the Transaction transfer amount to anyone who, using the Interac Interac®e-Transfer ServicesService, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
j) We 7. as the recipient, the client will not disclose the e-Transfer Answer except as required to claim or decline the transfer;
8. without limiting the generality of Section 4, Alterna will not be liable for losses or damages incurred as a result of a person other than the intended recipient guessing or otherwise obtaining the e-Transfer Answer;
9. without limiting the generality of Section 3, Alterna will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever arising as a result of a delay in processing a transfer or for transfers claimed by someone other than the intended recipient;
10. Alterna will not be responsible or liable for any losses or damages incurred as a result of funds held and/or limits set by Alterna, Acxsys Corporation, or a Third Partyparticipating financial institution;
11. The client will not use Interac® e-Transfers for any purpose that is unlawful, other than the intended recipient fraudulent or contrary to the Transaction, guessing terms set out in this agreement;
12. The client will not attempt to impersonate any person or obtaining misrepresent his or her identity for the Interac purpose of sending or receiving transfers through the Interac® e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this AgreementService;
k) as 13. The client is responsible for reviewing the recipient, You status of any e-Transfer he or a Signing Officer will not disclose she sends using the Interac e- e-Transfer Answer except as required to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, Service by checking his/her payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;history in Online Banking.
Appears in 2 contracts
INTERAC E-TRANSFER® SERVICES. If Alterna Bank through the Financial Institution through Direct Services for Small Business makes Interac e-Transfer the Services available and You the client or a Signing Officer authorizes the use of Interac e-Transfer the Services, You acknowledge the client acknowledges and agreeagrees, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, that:
a) a. the Interac e-Transfer the Services are only available in Canadian dollars;
b) b. the Account will be debited as soon as You the client or a Signing Officer initiates authorizes a Transaction, and We Alterna Bank may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have Alterna Bank has no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are Alterna Bank is deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) c. Transactions sent and received through the Interac e-Transfer the Services are subject to number and dollar limits that may change from time to time without prior notice to Youthe client;
d) We d. Alterna Bank will not be responsible or liable for any losses or damages incurred as a result of funds held and and/or limits set by UsAlterna, Interac Corp.Acxsys Corporation, or a Participating Financial Institution;
e) e. an Interac e-Transfer Notice advising the recipient of the Transaction may will be generated within approximately 30 minutes after You the client or a Signing Officer originates or authorizes the Transaction;
f) f. as the sender or authorizer, You the client or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, g. the recipient must correctly provide the Interac e-Transfer Answer to claim or decline the Transaction;
i) Weh. Alterna Bank, the other Participating Financial Institution, and Interac Corp. Acxsys Corporation or Interac Corp.’s Acxsys Corporation's agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer the Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
j) We i. Alterna Bank will not be liable for any cost, expense, loss, damage losses or inconvenience of any nature or kind whatsoever damages incurred as a result of a Third Party, person other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer;
j. as the sender or authorizer, the client or Signing Officer will not include the e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreementdetails;
k) k. as the recipientrecipient or receiver, You the client or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim or decline the transfer; l) Transaction;
l. the recipient may claim a Transaction using Our the online banking services of Alterna Bank or another Participating Financial Institution; Transactions sent via account numberInstitution or through the Acxsys Corporation payment service;
m. if the recipient declines a Transaction that the client initiated, payment identifier, Autodeposit or Request Money feature may the Transaction will be automatically deposited into returned to the account of the recipient/ requestorclient;
Appears in 2 contracts
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) a. the Interac e-Transfer Services are only available in Canadian dollars;
b) b. the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) c. Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) d. We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) e. an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) f. as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-e- Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) g. if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) h. We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s 's agents are entitled to pay the Transaction amount to anyone who, using the Interac e-e- Transfer Services, claims to be the recipient and successfully provides the Interac e-e- Transfer Answer;
j) i. We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
k) j. as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; l) x. the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
Appears in 1 contract
Samples: Memberdirect® Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) a. the Interac e-Transfer Services are only available in Canadian dollars;
b) b. the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) c. Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) d. We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) e. an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) f. as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) g. if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) h. We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s 's agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
j) i. We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
k) j. as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; l) x. the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
Appears in 1 contract
Samples: Memberdirect Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
hg) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
ih) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
ji) We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
kj) as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; lk) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
l) if the recipient declines a Transaction that You initiated, the Transaction will be returned to You; m) while the Interac e-Transfer Notice is usually delivered to the recipient within 30 minutes, We do not guarantee the time of deposit;
n) as the sender, the Transaction will be returned to You if the recipient does not claim the Transaction within 30 days of the date the transfer is initiated, if the Transaction cannot be successfully sent to the recipient’s Interac e-Transfer Contact Information as provided by You, or if the recipient declines the Transaction;
o) as the sender, You are responsible for providing the recipient’s correct Interac e-Transfer Contact Information and further agree that the recipient has consented to Your use of the Interac e-Transfer Contact Information for Interac e-Transfer Services purposes, including its provision to Us, the other Participating Financial Institution, and Interac Corp.;
p) We may cancel a Transaction if We have reason to believe that a mistake has occurred or if We believe that the Transaction is a product of unlawful or fraudulent activity;
q) You are responsible for providing the recipient’s correct Interac e-Transfer Contact Information and will immediately update it via Direct Services if there are any changes to the Interac e-Transfer Contact Information;
r) as the sender, You may cancel a Transaction before the recipient successfully claims the Transaction. As the recipient, You acknowledge that a Transaction may be cancelled up to the time You successfully claim the Transaction;
s) all disputes will be handled directly between the sender and the recipient without the participation of the Financial Institution or any other party;
t) We may refuse to provide Interac e-Transfer Services for You;
u) We will not be liable for any cost, expense, loss, damage, or inconvenience of any nature or kind whatsoever arising as a result of a delay in processing a Transaction;
v) You are responsible for charges, if any, or data rates that Your applicable service provider may apply for transmitting and receiving data (including but not limited to data roaming charges);
w) as the recipient, if You have activated the Autodeposit feature for the email address used by the sender to send You funds, or by other means that may become available, such as mobile number, then the money You receive via Interac e-Transfer Services is automatically deposited into Your account and You will not have to provide the Interac e-Transfer Answer, notwithstanding that the Autodeposit feature is subject to support by the sender’s respective financial institution;
x) if You are the requestor of funds through Interac e-Transfer Services, You must provide the email address or mobile number of the recipient of Your request, You further agree that the recipient of such request has consented to Your use of the Interac e-Transfer Contact Information for Interac e-Transfer Services purposes, including its provision to Us, the other Participating Financial Institution, and Interac Corp.; and You must provide the eligible account You want Us to use to deposit the money You receive, if Your recipient accepts Your request; and
y) You agree that it is Your responsibility, as sender, to provide complete and accurate information about the recipient and, as the recipient to any request for transfer, to respond only to requests that You are expecting and have consented, to such requestor of funds, to receiving.
z) You agree and acknowledge that any personal information sent through Interac e-Transfer Services by You, whether through the transfer of funds or a request for funds, shall be Your responsibility, and the Financial Institution shall not be liable for any cost, expense, loss, damage, or inconvenience for any violation of applicable privacy laws or regulations, as the case may be, and for certainty, You further agree that any transfer of personal information through Interac e-Transfer Services shall be subject to the privacy policies of the Financial Institution.
Appears in 1 contract
Samples: Direct Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business Vancity makes Interac Interac® e-Transfer Services available to you and You or a Signing Officer authorizes you use the use of Interac Interac® e-Transfer Services, You you acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
(a) the Interac Interac® e-Transfer Services are only available in Canadian dollars;
(b) the your Account will be debited as soon as You or a Signing Officer initiates a you initiate an Interac® e-Transfer Transaction, and We Vancity, or a Service Provider who provides the Interac® e-Transfer Services, may hold Hold the Interac® e-Transfer Transaction amount until the recipient successfully claims the Interac® e-Transfer Transaction or the Interac® e-Transfer Transaction is cancelled. We have no obligation to and You will not pay be paid interest on the Interac® e-Transfer Transaction amountamount while held. To the extent permitted at by law, We are Vancity is deemed to have a security interest in the Interac® e-Transfer Transaction amount from the time the Account is debited until the recipient successfully claims the Interac® e-Transfer Transaction or the e-Transfer Transaction is cancelled. Vancity cannot guarantee the date of deposit;
(c) Transactions sent and received through the Interac Interac® e-Transfer Services Transactions are subject to number and dollar limits that may change from time to time without prior notice to Youyou;
(d) We Vancity will not be responsible or liable for any losses Loss or damages incurred as a result of funds held and or limits set by UsVancity, Interac Corp.the Interac® e-Transfer Service Provider, or a Participating Financial Institution;
(e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or Vancity, a Signing Officer originates the Transaction;
f) as the sender or authorizer, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents Interac® e-Transfer Service Providers are entitled to pay the Interac® e-Transfer Transaction amount to anyone who, using the Interac e-Transfer Services, who claims to be the recipient and and:
(i) successfully provides the Interac answer to the Interac® e-Transfer Question and Answer; or
(ii) has registered for Auto Deposit;
j(f) We Vancity will not be liable for Losses incurred as a result of a person other than the intended recipient guessing or obtaining the necessary password;
(g) Vancity will not be liable for any cost, expense, loss, damage or inconvenience of any nature or kind whatsoever incurred Loss arising as a result of a Third Party, delay in processing an Interac® e-Transfer Transaction or for Interac® e-Transfer Transactions claimed by someone other than the intended recipient to the Transaction, guessing or obtaining the Interac recipient; and
(h) Vancity does not keep a record of Interac® e-Transfer Transactions. If a new MEMBER CARD Number is issued, the Interac® e-Transfer Transaction history and contact list is lost. If you are the sender, the Interac® e-Transfer Transaction and the Interac® e-Transfer Transaction amount will be returned to you but not any applicable service charges if:
(a) the recipient does not claim the Interac® e-Transfer Transaction within the stipulated period from the date the Interac® e-Transfer Transaction is initiated; or
(b) the Interac® e-Transfer Transaction cannot be successfully sent to the recipient’s email address or phone number as provided by you, or if the recipient declines the Interac® e-Transfer Transaction. When sending an Interac® e-Transfer, you are responsible for providing the recipient’s correct email address or a valid phone number that can receive SMS text messages for the recipient. You will immediately update either or both if there are any changes. You represent to Vancity that recipients have consented to your use of their email address or telephone number for each Interac® e-Transfer Transaction. To send an Interac® e-Transfer, in some cases, you may be required to provide an Interac® e-Transfer Question and Answer through to authenticate the recipient, who must correctly respond to the Interac® e-Transfer Question and Answer. In cases where an Interac® e-Transfer Question and Answer is required, if the recipient successfully claims the Interac® e-Transfer Transaction but provides incorrect account information, the Interac® e-Transfer Service Provider or its agent may request and require delivery of correct account information from the recipient prior to making payment or may mail an Instrument to the recipient at an address provided by the recipient without notifying you first. In cases where the recipient has registered for Auto Deposit the sender is not required to provide an Interac® e-Transfer Question and Answer. The Interac® e-Transfer funds sent by the sender will be automatically deposited into the recipient’s Account. If you request an Interac® e-Transfer, you are responsible for providing a correct email address or a valid telephone number that can receive SMS text messages for the intended sender. You will immediately update either or both if there are any means changes. You represent to Vancity that intended senders have consented to your use of their email address or telephone number for each Interac® e-Transfer Transaction. If you send an Interac® e-Transfer, you may be able to cancel the Interac® e-Transfer Transaction up to the time the recipient successfully claims the Interac® e-Transfer Transaction. As a recipient, you acknowledge that an Interac® e-Transfer Transaction may be cancelled up to the time you successfully claim the Interac® e-Transfer Transaction. All disputes must be resolved directly between the sender and the recipient. Vancity may refuse to provide Interac® e-Transfer Services to you at its discretion and will not be liable for any Loss arising as a result of:
(a) a delay in processing an Interac® e-Transfer Transaction;
(b) Interac® e-Transfer Transactions claimed by someone other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We ; or
(c) an error made by the sender or the recipient. Vancity may provide reimbursement cancel a Transaction if it has reason to You provided believe that You a mistake has occurred or a Signing Officer did not participate if it believes that the Interac® e-Transfer Transaction is related to unlawful or fraudulent activity. The terms and conditions of this section relating to Interac® e-Transfer Services apply only when the Interac® e-Transfer Service is used. These terms apply in addition to the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable other terms and conditions in this Agreement;
k) as the recipient, You or a Signing Officer will not disclose the Interac e- Transfer Answer except as required Agreement and other agreements you have entered into specific to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account your use of the recipient/ requestor;Interac®
Appears in 1 contract
Samples: Business Member Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution Company through Direct Account Access Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-e- Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
hg) if applicable, the recipient must correctly provide the Interac e-e- Transfer Answer to claim the Transaction;
ih) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
ji) We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You you provided that You or a Signing Officer did not participate in the Wrongful Activity, You you fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
kj) as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; lk) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
l) if the recipient declines a Transaction that You initiated, the Transaction will be returned to You; m) while the Interac e-Transfer Notice is usually delivered to the recipient within 30 minutes, We do not guarantee the time of deposit;
n) as the sender, the Transaction will be returned to You if the recipient does not claim the Transaction within 30 days of the date the transfer is initiated, if the Transaction cannot be successfully sent to the recipient’s Interac e-Transfer Contact Information as provided by You, or if the recipient declines the Transaction;
o) as the sender, You are responsible for providing the recipient’s correct Interac e-Transfer Contact Information and further agree that the recipient has consented to Your use of the Interac e-Transfer Contact Information for Interac e-Transfer Services purposes, including its provision to Us, the other Participating Financial Institution, and Interac Corp.;
p) We may cancel a Transaction if We have reason to believe that a mistake has occurred or if We believe that the Transaction is a product of unlawful or fraudulent activity;
q) You are responsible for providing valid Interac e-Transfer Contact Information and will immediately update it via Account Access Services if there are any changes to the Interac e-Transfer Contact Information; r) as the sender, You may cancel a Transaction up to the time before the recipient successfully claims the Transaction. As the recipient, You acknowledge that a Transaction may be cancelled up to the time You successfully claim the Transaction;
s) all disputes will be handled directly between the sender and the recipient without the participation of the Company or any other party;
t) We may refuse to provide Interac e-Transfer Services for You;
u) We will not be liable for any cost, expense, loss, damage, or inconvenience of any nature or kind whatsoever arising as a result of a delay in processing a Transaction;
v) You are responsible for charges, if any, or data rates that your applicable service provider may apply for transmitting and receiving data (including but not limited to data roaming charges);
w) As the recipient, if you have activated the Autodeposit feature for the email address used by the sender to send You funds, or by other means that may become available, such as mobile number, then the money You receive via Interac e-Transfer Services is automatically deposited into your account and you will not have to provide the Interac e-Transfer Answer, notwithstanding that the Autodeposit feature is subject to support by the sender’s respective financial institution;
x) If You are the requestor of funds through Interac e-Transfer Services, You must provide the email address or mobile number of the recipient of Your request, You further agree that the recipient of such request has consented to Your use of the Interac e-Transfer Contact Information for Interac e-Transfer Services purposes, including its provision to Us, the other Participating Financial Institution, and Interac Corp.; and You must provide the eligible account You want Us to use to deposit the money You receive, if Your recipient accepts Your request; and
y) You agree that it is Your responsibility, as sender, to provide complete and accurate information about the recipient and, as the recipient to any request for transfer, to respond only to requests that You are expecting and have consented, to such requestor of funds, to receiving.
Appears in 1 contract
Samples: Account Access Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution Credit Union through Direct Online Banking Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes you use the use of Interac e-Transfer Services, You you acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) a. the Interac e-Transfer Services are Service is only available in Canadian dollarsdollars to a Canadian bank account;
b) b. we may charge a fee for each Interac e-Transfer performed and this fee is in addition to any day-to- day banking fees which apply to the Account. Fees are non- refundable;
c. the Account will be debited as soon as You or you initiate a Signing Officer initiates a Transaction, transfer and We we may hold the Transaction transfer amount until the recipient successfully claims the Transaction transfer or the Transaction transfer is cancelled. We have no obligation to and will not pay interest on the Transaction transfer amount. To the extent permitted at by law, We we are deemed to have a security interest in the Transaction transfer amount from the time the Account is debited until the recipient successfully claims the Transaction transfer or the Transaction transfer is cancelled;
c) Transactions d. transfers sent and received through the Interac e-Transfer Services Service are subject to number and dollar limits that may change from time to time without prior notice to Youyou;
d) e. We will not be responsible or liable for any losses or damages incurred as a result of funds held and and/or limits set by Usthe Credit Union, Interac Corp., or a Participating Financial InstitutionInstitutions or CertaPay payment service;
e) f. an Interac e-Transfer Notice notification advising the recipient of the Transaction may transfer will be generated within approximately 30 minutes after You or a Signing Officer originates you originate the Transactiontransfer;
f) g. as the sender or authorizersender, You or a Signing Officer you will keep the Interac e-Transfer Security Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, h. the recipient must correctly provide the Interac e-Transfer Security Answer to claim or decline the Transactiontransfer;
i) Wei. the Credit Union, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents CertaPay payment service are entitled to pay the Transaction transfer amount to anyone who, using the Interac e-Transfer ServicesService, claims to be the recipient and successfully provides the Security Answer;
j. we will not be liable for losses or damages incurred as a result of a person other than the intended recipient guessing or obtaining the Security Answer;
k. as the sender, you will create an effective Security Question and will not include the Security Answer in the transfer details;
l. as the recipient, you will not disclose the Security Answer except as required to claim or decline the transfer; m. the recipient may claim a transfer using the Online Banking/Mobile Banking Services of the Credit Union or another Participating Financial Institution or through the CertaPay payment service;
n. the recipient may be charged a fee to receive the funds by their Financial Institution or CertaPay payment service; the fee may be deducted from the funds they are receiving; may be an additional surcharge, or may be part of a service fee;
o. if the recipient declines a transfer that you initiated, the transfer will be returned to you;
p. if the recipient accepts the transfer through CertaPay payment service, funds usually arrive in the recipient’s account within 4 to 6 business days from the day the recipient successfully claims the transfer. We cannot guarantee the date of deposit;
q. as the sender, the transfer will be returned to you if the recipient does not claim the transfer within 30 days of the date the transfer is initiated, if the transfer cannot be successfully sent to the recipient’s Interac e-Transfer Answercontact information as provided by you, or if the recipient declines the transfer. You are responsible for providing the recipient’s correct Interac e-Transfer contact information and further agrees that the recipient has consented to your use of the Interac e-Transfer contact information for Interac e-Transfer Services purposes, including its provision to the Credit Union, the other Participating Financial Institution, and CertaPay payment service;
j) r. if the recipient successfully claims the transfer using CertaPay payment service but provides incorrect account information, CertaPay payment service may request correct account information from the recipient or may mail an Instrument to the recipient. We will not pay interest on the transfer amount; s. we may cancel a transfer if we have reason to believe that a mistake has occurred or if we believe that the transfer is a product of unlawful or fraudulent activity; t. you are responsible for providing valid Interac e-Transfer contact information and will immediately update it via Online Banking Services if there are any changes to said Interac e- Transfer contact information; u. as the sender, you may cancel a transfer up to the time the recipient successfully claims the transfer. As the recipient, you acknowledge that a transfer may be cancelled up to the time you successfully claim the transfer;
v. all disputes will be handled directly between the sender and the recipient;
w. we may refuse to provide Interac e-Transfer Services for you; and
x. we will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred arising as a result of a Third Party, delay in processing a transfer or for transfers claimed by someone other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
k) as the recipient, You or a Signing Officer will not disclose the Interac e- Transfer Answer except as required to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;.
Appears in 1 contract
Samples: Online Banking Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) a. the Interac e-Transfer Services are only available in Canadian dollars;
b) b. the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) c. Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;
d) d. We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) e. an Interac e-Transfer Notice advising the recipient of the Transaction may will be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) f. as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, g. the recipient must correctly provide the Interac e-Transfer Answer to claim or decline the Transaction;
i) h. We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
j) i. We will not be liable for any cost, expense, loss, damage losses or inconvenience of any nature or kind whatsoever damages incurred as a result of a Third Party, person other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer;
j. as the sender, You will not include the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreementdetails;
k) x. as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim or decline the transfer; l) l. the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, Institution or through the Interac Corp. payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestorservice;
Appears in 1 contract
Samples: Direct Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business makes Interac e-Transfer Services available and You or a Signing Officer authorizes use the use of Interac e-Transfer Services, You acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
a) the Interac e-Transfer Services are only available in Canadian dollars;
b) the Account will be debited as soon as You or a Signing Officer initiates initiate a Transaction, and We may hold the Transaction amount until the recipient successfully claims the Transaction or the Transaction is cancelled. We have no obligation to and will not pay interest on the Transaction amount. To the extent permitted at law, We are deemed to have a security interest in the Transaction amount from the time the Account is debited until the recipient successfully claims the Transaction or the Transaction is cancelled;
c) Transactions sent and received through the Interac e-Transfer Services are subject to number and dollar limits that may change from time to time without prior notice to You;; In the November 2020 version and the January 2021 versions, it was m, n, o. It has been corrected to a, b, c in this version.
d) We will not be responsible or liable for any losses or damages incurred as a result of funds held and limits set by Us, Interac Corp., or a Participating Financial Institution;
e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or a Signing Officer originates originate the Transaction;
f) as the sender or authorizersender, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) ; You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
hg) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
ih) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents are entitled to pay the Transaction amount to anyone who, using the Interac e-Transfer Services, claims to be the recipient and successfully provides the Interac e-Transfer Answer;
ji) We will not be liable for any cost, expense, loss, damage damage, or inconvenience of any nature or kind whatsoever incurred as a result of a Third Party, other than the intended recipient to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any means other than in the event of a Wrongful Activity, however notwithstanding the foregoing, in the event of an intercepted Transaction transaction from Your Account account where the funds did not reach the intended recipient, We may provide reimbursement to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
kj) as the recipient, You or a Signing Officer will not disclose the Interac e- e-Transfer Answer except as required to claim the transfer; lk) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;
Appears in 1 contract
Samples: Direct Services Agreement
INTERAC E-TRANSFER® SERVICES. If the Financial Institution through Direct Services for Small Business Vancity makes Interac Interac® e-Transfer Services available to you and You or a Signing Officer authorizes you use the use of Interac Interac® e-Transfer Services, You you acknowledge and agree, and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, agree that:
(a) the Interac Interac® e-Transfer Services are only available in Canadian dollars;
(b) the your Account will be debited as soon as You or a Signing Officer initiates a you initiate an Interac® e-Transfer Transaction, and We Vancity, or a Service Provider who provides the Interac® e-Transfer Services, may hold Hold the Interac® e-Transfer Transaction amount until the recipient successfully claims the Interac® e-Transfer Transaction or the Interac® e-Transfer Transaction is cancelled. We have no obligation to and You will not pay be paid interest on the Interac® e-Transfer Transaction amountamount while held. To the extent permitted at by law, We are Vancity is deemed to have a security interest in the Interac® e-Transfer Transaction amount from the time the Account is debited until the recipient successfully claims the Interac® e-Transfer Transaction or the e-Transfer Transaction is cancelled. Vancity cannot guarantee the date of deposit;
(c) Transactions sent and received through the Interac Interac® e-Transfer Services Transactions are subject to number and dollar limits that may change from time to time without prior notice to Youyou;
(d) We Vancity will not be responsible or liable for any losses Loss or damages incurred as a result of funds held and or limits set by UsVancity, Interac Corp.the Interac® e-Transfer Service Provider, or a Participating Financial Institution;
(e) an Interac e-Transfer Notice advising the recipient of the Transaction may be generated within approximately 30 minutes after You or Vancity, a Signing Officer originates the Transaction;
f) as the sender or authorizer, You or a Signing Officer will keep the Interac e-Transfer Answer confidential and will not disclose it or share it with anyone but the intended recipient;
g) You or a Signing Officer will select an Interac e-Transfer Answer that is known only to the recipient and that cannot be easily determined via social media or other means; You or a Signing Officer will not disclose the Interac e-Transfer Answer in the applicable security question, hint or Transaction details; and You or a Signing Officer will not provide the recipient the Interac e-Transfer Answer via the email or phone number that was used to send the Interac e-Transfer Notice;
h) if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim the Transaction;
i) We, the other Participating Financial Institution, and Interac Corp. or Interac Corp.’s agents Interac® e-Transfer Service Providers are entitled to pay the Interac® e-Transfer Transaction amount to anyone who, using the Interac e-Transfer Services, who claims to be the recipient and and
(i) successfully provides the Interac answer to the Interac® e-Transfer Question and Answer; or
(ii) has registered for Auto Deposit;
j(f) We Vancity will not be liable for Losses incurred as a result of a person other than the intended recipient guessing or obtaining the necessary password;
(g) Vancity will not be liable for any cost, expense, loss, damage or inconvenience of any nature or kind whatsoever incurred Loss arising as a result of a Third Party, delay in processing an Interac® e-Transfer Transaction or for Interac® e-Transfer Transactions claimed by someone other than the intended recipient to the Transaction, guessing or obtaining the Interac recipient; and
(h) Vancity does not keep a record of Interac® e-Transfer Answer through Transactions. If a new MEMBER CARD Number is issued, the Interac® e-Transfer Transaction history and contact list is lost. If you are the sender, the Interac® e-Transfer Transaction and the Interac® e-Transfer Transaction amount will be returned to you but not any means other than in applicable service charges if:
(i) the event recipient does not claim the Interac® e-Transfer Transaction within the stipulated period from the date the Interac® e-Transfer Transaction is initiated; or
(ii) the Interac® e-Transfer Transaction cannot be successfully sent to the recipient’s email address or phone number as provided by you, or if the recipient declines the Interac® e-Transfer Transaction. When sending an Interac® e-Transfer, you are responsible for providing the recipient’s correct email address or a valid phone number that can receive SMS text messages for the recipient. You will immediately update either or both if there are any changes. You represent to Vancity that recipients have consented to your use of a Wrongful Activity, however notwithstanding the foregoingtheir email address or telephone number for each Interac® e-Transfer Transaction. To send an Interac® e-Transfer, in the event of some cases, you may be required to provide an intercepted Transaction from Your Account where the funds did not reach the intended recipient, We may provide reimbursement Interac® e-Transfer Question and Answer to You provided that You or a Signing Officer did not participate in the Wrongful Activity, You fully cooperate in the investigation of such event, and that You have satisfied and remain in compliance with all of the applicable terms and conditions in this Agreement;
k) as authenticate the recipient, You or a Signing Officer will not disclose the Interac e- Transfer Answer except as required who must correctly respond to claim the transfer; l) the recipient may claim a Transaction using Our online banking services or another Participating Financial Institution; Transactions sent via account number, payment identifier, Autodeposit or Request Money feature may be automatically deposited into the account of the recipient/ requestor;the
Appears in 1 contract
Samples: Business Member Agreement
