No person may. require you to use a preauthorized electronic fund transfer as a condition of the extension of credit unless the credit is being extended in connection with an overdraft checking plan, or is being extended to maintain a specified balance in your account, or - require you either to accept a transfer service or to establish an account which is accessed electronically as conditions of employment or receipt of governmental benefit or - require you to pay electronically for the purchase of goods or services. If your account is to be credited by a preauthorized transfer you may choose the financial institution to which the transfer may be made, if the institution is technically capable of receiving such preauthorized transfer.
Appears in 8 contracts
Samples: Terms and Conditions, Account Terms and Conditions, Terms and Conditions
No person may. require you to use a preauthorized electronic fund transfer as a condition of the extension of credit unless the credit is being extended in connection with an overdraft checking plan, or is being extended to maintain a specified balance in your account, ; or - require you either to accept a transfer service or to establish an account which is accessed electronically as conditions of employment or receipt of governmental benefit benefit; or - require you to pay electronically for the purchase of goods or services. If your account is to be credited by a preauthorized transfer you may choose the financial institution to which the transfer may be made, if the institution is technically capable of receiving such preauthorized transfer.
Appears in 2 contracts
Samples: Terms and Conditions of Your Account, Terms and Conditions of Your Account
No person may. require you to use a preauthorized electronic fund transfer as a condition of the extension of credit unless the credit is being extended in connection with an overdraft checking plan, or is being extended to maintain a specified balance in your account, or - require -require you either to accept a transfer service or to establish an account which is accessed electronically as conditions of employment or receipt of governmental benefit benefit, or - require -require you to pay electronically for the purchase of goods or services. If your account is to be credited by a preauthorized transfer you may choose the financial institution to which the transfer may be made, if the institution is technically capable of receiving such preauthorized transfer.
Appears in 1 contract
Samples: Terms and Conditions of Your Account
No person may. require you to use a preauthorized electronic fund transfer as a condition of the extension of credit unless the credit is being extended in connection with an overdraft checking plan, or is being extended to maintain a specified balance in your account, or - • require you either to accept a transfer service or to establish an account which is accessed electronically as conditions of employment or receipt of governmental benefit benefit, or - • require you to pay electronically for the purchase of goods or services. If your account is to be credited by a preauthorized transfer you may choose the financial institution to which the transfer may be made, if the institution is technically capable of receiving such preauthorized transfer.
Appears in 1 contract
Samples: Online & Mobile Banking Agreement