Our Electronic Funds Transfer Terms Sample Clauses

Our Electronic Funds Transfer Terms. Is the explanatory infor- mation we provide about your rights concerning EFT debits and credits to an account with us. Please see “Our Electronic Funds Transfer Terms” at the end of this Part 2 of the MSA. Our Privacy Notice. Is the explanatory information we provide about your information we collect and retain in the ordinary course of business of our Credit Union. Please see “Our Privacy Notice” at the end of this Part 2 of the MSA. Our Rates & Service Charges. Is the explanatory information we provide about the rates we pay on accounts and charges we may require for services we offer. This disclosure may also be referred to as the “Rate and Fee Disclosure” in the MSA. Please see “Our Rates & Service Charges,” which is part of the MSA. You may access this disclosure on our website or by contacting us during business hours. Our Records. The phrases “our records,” “on file,” “in our files” and the word “files” mean all documents and information we create, re- tain and use to manage any aspect of our Credit Union’s business, including your information, documents, actions and transactions on our products and services. Our records are primarily contained in and composed of our physical paper files and computer system. For further information, please see Provision 2.h.
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Our Electronic Funds Transfer Terms. Is the explanatory infor- mation we provide about your rights concerning EFT debits and credits to an account with us. Please see “Our Electronic Funds Transfer Terms” at the end of this Part 2 of the BSA. Our Rates & Service Charges. Is the explanatory information we provide about the rates we pay on accounts and charges we may require for services we offer. This disclosure may also be referred to as the “Rate and Fee Disclosure” in the BSA. Please see “Our Rates & Service Charges,” which is part of the BSA. You may access this disclosure on our website or by contacting us during business hours. Our Records. The phrases “our records,” “on file,” “in our files” and the word “files” mean all documents and information we create, re- tain and use to manage any aspect of our Credit Union’s business, including your information, documents, actions and transactions on our products and services. Our records are primarily contained in and composed of our physical paper files and computer system. For further information, please see Provision 2.h.
Sample 1
Our Electronic Funds Transfer Terms. 29 1. This is an Agreement between You and Us 2 1. EFT Services 29 2. Product and Service Management Issues 7 2. Service Limitations 31 3. Starting Membership, Products and Services 8 3. Security of Personal Identification Number 32 4. Account Ownership and Survivorship Features 10 4. Member Liability 32 5. Product & Service Access, Transactions & Actions 13 5. Business Days 32 6. Your Use of a Checking Account with Us 15 6. Charges for EFT Services 32 7. Your Deposits to an Account with Us 18 7. Right to Receive Documentation 32 8. Your Dividends (or Interest) and Our Rates 21 8. Account Information Disclosure 32 9. Our Services, Related Service Charges & Costs 21 9. Our Liability for Failure to Make Transactions 32 10. Funds Held in Accounts with Us are Insured 21 10. Termination of EFT Services 33 11. Maintenance of Products and Services with Us 21 11. Preauthorized Electronic Fund Transfers 33 12. Lost, Stolen or Breached Products & Services 22 12. Notices 33 13. Membership, Product and Service Information 23 13. Statement Errors 33 14. Notice by Us to You and Notice by You to Us 23 14. ATM Safety Notice 33 15. Periodic Statements - Receipt/Access & Review 24 Funds Availability of Deposits 34 16. Exceptions to the Member Service Agreement 24 1. General Policy 34 17. Changes and Additions to Products & Services 24 2. Reservation of Right to Hold 34 18. Lien and Security Interest in Funds 26 3. Holds on Other Funds 34 19. Third Party Actions and Uncertainty about Funds 26 4. Longer Delays May Apply 34 20. Your Obligations to Us 27 5. Special Rules for New Accounts 34 21. Our Responsibility for Errors 27 6. Foreign Checks 34 22. Inactive Accounts and Unclaimed Property 27 Important Information for Starting a New Account 34 23. Termination of Products and Services 28 Our Privacy Notice 35 24. Termination of Membership with the Credit Union 25. Decedents’ Accounts, Products and Services 28 29 Our Helpful Overdraft Services 37 26. The MSA & State and Federal Law 29 Questions? Please contact us anytime we’re open for business. Member Service Agreement • Part 2
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Our Electronic Funds Transfer Terms 
Sample 1

Related to Our Electronic Funds Transfer Terms

  • ELECTRONIC FUNDS TRANSFER (EFT The recipient/cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply:

  • Electronic Funds Transfer Agreement If you want to reverse an electronic re-presented check, you must give us an affidavit within 15 days after we send or make available to you the periodic statement that reflects payment of that electronic re-presented check. In your affidavit, you must declare and swear under oath that the electronic re-presented check was ineligible or unauthorized. If we receive a proper notice or affidavit from you within the 15-day period, we will recredit your account with the amount of the charge. If you wish to stop payment on any electronic re-presented check, you must follow the procedures contained in this Agreement for stopping payment of checks, not the procedures for stopping payment on electronic loan or xxxx payments. If you ask us to request the depositor’s bank to send us the original paper check or a copy of the paper check, and we provide it to you, you agree that you will not seek to have your account recredited due to a prior stop payment order or if the item is otherwise ineligible for collection.

  • Electronic Funds Transfer Upon reinstatement by Xxxxxxxx, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.

  • Electronic Funds Transfers By signing the Account Card, completing and transmitting an online account card or service request, or signing or using the Visa Debit Card, or Home Banking service you agree to the following terms governing your and our rights and responsibilities concerning the electronic funds transfer services, as applicable. Terms and conditions set forth elsewhere in this Agreement shall also apply to your electronic funds transfer service. Electronic funds transfers ("EFTs") are electronically initiated transfers of money through direct deposits, automated teller machines ("ATMs"), point of sale transactions, debit card purchases, audio response transactions and online transactions involving your deposit accounts at the Credit Union.

  • Electronic Fund Transfer 10.1 Employees will receive their pay and any reimbursements via electronic fund transfer (payroll direct deposit). The University will provide electronic pay advices to all employees.

  • Electronic Fund Transfers The following provisions apply only to Electronic Fund Transfers (“EFTs”). EFTs are any transfer of funds initiated with your Card(s) at an ATM or as a PIN based debit transaction (Point of Sale). You will have access to either your deposit or credit card accounts, or both if you so choose, with Commerce Bank. We can cancel these services at any time and for any reason without notice. We can also cancel your entire Account, including credit card services, and revoke your Card(s) as provided in the CANCELLATION paragraph above. This may be done by an ATM or merchant not returning your Card(s) to you. We may change the terms of this Agreement relating to EFTs without notice to you unless required by law. WHAT CONSTITUTES BANK’S BUSINESS DAY Our Business Days are Monday through Friday. Federal holidays are not included. DISCLOSURE OF CONSUMER’S LIABILITY FOR UNAUTHORIZED TRANSFERS AND ADVISABILITY OF PROMPT REPORTING Tell us AT ONCE if you believe your Card(s) has/have been lost or stolen or if you believe that an EFT has been made without your permission. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your deposit account plus your maximum overdraft line of credit. If you tell us within two Business Days after you learn of the loss or theft of your Card, you can lose no more than $50.00 if someone used your Card without your permission. If you do NOT tell us within two Business Days after you learn of the loss or theft of your Card, and we can prove that we could have stopped someone from using your Card and making transfers from your deposit account without your permission if you had told us, you could lose as much as $500.00. Also, if your deposit statement shows transfers that you did not make, including those made by Card, code or other means, tell us at once. If you do not tell us within 60 days after the deposit statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods at our discretion.

  • Electronic Visit Verification ("EVV Provider shall cooperate with State requirements for electronic visit verification for personal care services and home health services, as applicable.

  • Electronic Record Search The Reporting Financial Institution must review electronically searchable data maintained by them for any of the following indicia:

  • Paper Copies of electronic bills If you start receiving electronic bills from a Xxxxxx, the Xxxxxx may stop sending you paper or other statements. The ability to receive a paper copy of your statement(s) is at the sole discretion of the Xxxxxx. Check with the individual Xxxxxx regarding your ability to obtain paper copies of electronic bills on a regular or as-requested basis.

  • Electronic Notice An electronic communication (“Electronic Notice”) shall be deemed written notice for purposes of this Section 16 if sent to the electronic mail address specified by the receiving party under separate cover. Electronic Notice shall be deemed received at the time the party sending Electronic Notice receives verification of receipt by the receiving party. Any party receiving Electronic Notice may request and shall be entitled to receive the notice on paper, in a nonelectronic form (“Nonelectronic Notice”) which shall be sent to the requesting party within ten (10) days of receipt of the written request for Nonelectronic Notice.

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