Common use of OPTIONAL VISA® DEBIT CARD FEATURES Clause in Contracts

OPTIONAL VISA® DEBIT CARD FEATURES. You may elect to receive a Visa® Debit Card ("Debit Card") issued by Xxxxx Fargo that will enable you to access your Account’s Authorization Limit worldwide 24 hours a day. Wells Fargo currently utilizes a third party agent for issuance and various administrative processing of the Debit Card. With the Debit Card, you may conduct transactions up to your Authorization Limit, subject to your certain daily dollar limitations. The Debit Card is an optional service, and unless you request the Debit Card, no Debit Card(s) will be sent to you. The Debit Card is not a credit card; Debit Card transactions are debited directly against your Advantage Account. All Debit Cards remain our, our agents', and Affiliates’ property, and each of us may cancel or repossess them at any time, with or without cause. If cancelled, you must destroy all Debit Cards issued to you. When your Advantage Account is closed or you terminate any of the services provided herein, you must promptly destroy your Debit Card(s). In addition, in the case of termination, all items posted to the Debit Card will be debited from the Account.

Appears in 3 contracts

Samples: Basic Brokerage Account Agreement, Brokerage Account Agreement, Brokerage Account Agreement

AutoNDA by SimpleDocs

OPTIONAL VISA® DEBIT CARD FEATURES. You may elect to receive a Visa® Debit Card ("Debit Card") issued by Xxxxx Fargo that will enable you to access your Account’s Authorization Limit worldwide 24 hours a day. Wells Fargo Xxxxx Xxxxx currently utilizes a third party agent for issuance and various administrative processing of the Debit Card. With the Debit Card, you may conduct transactions up to your Authorization Limit, subject to your certain daily dollar limitations. The Debit Card is an optional service, and unless you request the Debit Card, no Debit Card(s) will be sent to you. The Debit Card is not a credit card; Debit Card transactions are debited directly against your Advantage Account. All Debit Cards remain our, our agents', and Affiliates’ property, and each of us may cancel or repossess them at any time, with or without cause. If cancelled, you must destroy all Debit Cards issued to you. When your Advantage Account is closed or you terminate any of the services provided herein, you must promptly destroy your Debit Card(s). In addition, in the case of termination, all items posted to the Debit Card will be debited from the Account.

Appears in 1 contract

Samples: Basic Brokerage Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!