Common use of Liability for Failure to Make a Transaction Clause in Contracts

Liability for Failure to Make a Transaction. If the Credit Union does not complete a transaction to or from your account on time or in the correct amount according to our agreement with you, the Credit Union may be liable for your actual losses or damages. However, there are some exceptions to this, which include the following: • You do not have enough money in your account to make the transaction through no fault of ours. • The transaction goes over the credit limit on your overdraft line. • The terminal where you were making the transaction does not have enough cash. • The terminal or other system was not working properly, and you knew about the problem when you started the transaction. • Circumstances beyond our control (such as fire, flood or electrical failure) prevent the transaction, despite reasonable precautions that we have taken. • You have not properly followed instructions for operation of the ATM or system. • The funds in your account are subject to legal process or another similar encumbrance. • The transaction would exceed one of the established limits contained in this Agreement or by other Credit Union agreements. • Access to your account has been blocked after you have reported your access device lost or stolen, or you use a damaged or expired access device. • The Credit Union has a reasonable basis to believe an access device has been compromised; or that other actions/circumstances cause us to believe there is a possibility of unauthorized activity or other risk involving an access device we have issued.

Liability for Failure to Make a Transaction. If the Credit Union does not complete a transaction to or from your account on time or in the correct amount according to our agreement with you, the Credit Union may be liable for your actual losses or damages. However, there are some exceptions to this, which include the following: • You do not have enough money in your account to make the transaction through no fault of ours. • The transaction goes over the credit limit on your overdraft line. • The terminal where you were making the transaction does not have enough cash. • The terminal or other system was not working properly, properly and you knew about the problem breakdown when you started the transaction. • Circumstances beyond our control (such as fire, flood or electrical failure) prevent the transaction, despite reasonable precautions that we have taken. • You have not properly followed instructions for operation of the ATM or systemATM. • The funds in your account are subject to legal process or another other similar encumbrance. • The transaction would exceed one of the established limits contained in this Agreement or by other Credit Union agreementsAgreements. • Access to your account has been blocked after you have reported your access device Access Device lost or stolen, stolen or you use a damaged or expired access deviceAccess Device. • The Credit Union has a reasonable basis to believe an access device has been compromised; or that other actions/actions and/or circumstances cause us to believe there is a possibility of unauthorized activity or other risk involving an access device we have issued.. INFORMATION DISCLOSURE TO THIRD PARTIES We will disclose information to third parties about your account(s) or the transfers you make:

Liability for Failure to Make a Transaction. If the Credit Union does not complete a transaction to or from your account on time or in the correct amount according to our agreement with you, the Credit Union may be liable for your actual losses or damages. However, there are some exceptions to this, which include the following: • You do not have enough money in your account to make the transaction through no fault of ours. • The transaction goes over the credit limit on your overdraft line. • The terminal where you were making the transaction does not have enough cash. • The terminal or other system was not working properly, properly and you knew about the problem breakdown when you started the transaction. • Circumstances beyond our control (such as fire, flood or electrical failure) prevent the transaction, despite reasonable precautions that we have taken. • You have not properly followed instructions for operation of the ATM or systemATM. • The funds in your account are subject to legal process or another other similar encumbrance. • The transaction would exceed one of the established limits contained in this Agreement or by other Credit Union agreementsAgreements. • Access to your account has been blocked after you have reported your access device Access Device lost or stolen, stolen or you use a damaged or expired access deviceAccess Device. • The Credit Union has a reasonable basis to believe an access device has been compromised; or that other actions/actions and/or circumstances cause us to believe there is a possibility of unauthorized activity or other risk involving an access device we have issued.