OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS Sample Clauses

OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop one of the payments and have provided us with the information we need at least three (3) business days prior to the scheduled transfer, and we do not stop the transfer, we will be liable for your losses or damages.
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OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop one of the payments and have provided us with the information we need at least three (3) business days prior to the scheduled transfer, and we do not stop the transfer, we will be liable for your losses or damages. Limitations on EFT Services Daily and Monthly Limits on Zelle® Dollar Amounts and Transaction Frequency ‐ If you enroll in Zelle®, you may initiate transfers using Zelle®, subject to the following limitations from each account: Limitation Zelle® Transfer Maximum Number of daily transactions 10 Maximum number of monthly transactions 30 Maximum dollar amount per transaction $1,000 Maximum dollar amount per day $2,000 Maximum dollar amount per month $5,000 These daily and transaction limitations apply separately to each account with which you use Zelle®. Zelle® transactions that would exceed your Available Balance at the time the transaction is initiated are normally prohibited, regardless of which overdraft protection program you may have elected for your account. Because we refer to your Available Balance to authorize each Zelle® transfer, this does not mean that a Zelle® transfer will never overdraw your account. It also does not mean that you will never incur an overdraft or insufficient funds fee for a transaction you initiate using Zelle®. Other transactions you authorize on the same account and the posting order may cause a Zelle® transaction to be authorized, but still result in overdrawing your account when the funds are debited. It is your responsibility to manage your funds responsibly by keeping track of all transactions of any kind that you authorize to avoiding overdrawing your account.
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OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop a preauthorized EFT payment and have provided us with the information we need at least three (3) Business Days prior to the scheduled transfer, and we do not stop the transfer, we will be liable for your losses or damages. IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ACCOUNT Please contact us at 000-000-0000 with respect to errors in, or questions about, transfers to or from your Consumer Accounts. Refer to your Account Documentation for a description of how errors and questions on funds transfers are processed. To contact us by mail, please use the following address: Thrivent Federal Credit Union 0000 Xxxxxxxx Xxxxx Xxxxxxxx, XX 00000-0000
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OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop one of the payments and have provided us with the information we need at least three (3) business days prior to the scheduled transfer, and we do not stop the transfer, we will be liable for your losses or damages. CANCELING A BILL PAYMENT To cancel a bill payment that you have scheduled through FMBanking Online, you must cancel the payment online via FMBanking Online (by following the onscreen instructions) at least one business day before the payment is scheduled to be debited from your account. STOP PAYMENT REQUESTS ON BILL PAYMENTS Stopping the payment of a Bill Payment check is different from the cancellation of a Bill Payment transaction. Once the bill payment has been debited from your account, you may be able to stop an FMBanking Online bill payment paid by paper check by contacting us by telephone before the paper check has cleared. (You will have to contact us by telephone to determine if the paper draft has cleared.) If the paper check has not cleared, we will immediately process your stop- payment request. We will notify you immediately if the paper check has already cleared. To be effective, this type of stop-payment request must precisely identify the name of the payee, the payee-assigned account number, the amount and scheduled date of the payment, and the confirmation number from the FMBanking Online Bill Payment Screen. If you make your stop-payment request by telephone, we may also require you to put your request in the form of paper writing and get it to us within 14 days after you call. You will incur stop-payment charges as disclosed in the current fee schedule for the applicable account. Stop- payment charges for FMBanking Online bill payment paper checks may be assessed according to the fee schedule.
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OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop a preauthorized EFT payment and have provided us with the information we need at least three
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OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop a preauthorized EFT payment and have provided us with the information we need at least three
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Related to OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS

  • Liability for Failure to Stop Payment of Preauthorized Transfer If you order us to stop one of these payments 3 business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

  • Liability for Failure to Stop Payment of Preauthorized Transfers If you order us to stop payment of a preauthorized transfer three (3) business days or more before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.

  • CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages. However, we will not be liable for direct or consequential damages in the following events: - If, through no fault of ours, there is not enough money in your accounts to complete the transaction, if any funds in your accounts necessary to complete the transaction are held as uncollected funds pursuant to our Funds Availability Policy Disclosure, or if the transaction involves a loan request exceeding your credit limit. - If you used your card or access code in an incorrect manner. - If the ATM where you are making the transfer does not have enough cash. - If the ATM was not working properly and you knew about the problem when you started the transaction. - If circumstances beyond our control (such as fire, flood, or power failure) prevent the transaction. - If the money in your account is subject to legal process or other claim. - If funds in your account are pledged as collateral or frozen because of a delinquent loan. - If the error was caused by a system of any participating ATM network. - If the electronic transfer is not completed as a result of your willful or negligent use of your card, access code, or any EFT facility for making such transfers. - If the telephone or computer equipment you use to conduct audio response, online/PC, or mobile banking transactions is not working properly and you know or should have known about the breakdown when you started the transaction. - If you have xxxx payment services, we can only confirm the amount, the participating merchant, and date of the xxxx payment transfer made by the Credit Union. For any other error or question you have involving the billing statement of the participating merchant, you must contact the merchant directly. We are not responsible for investigating such errors. - Any other exceptions as established by the Credit Union.

  • Our Liability for Failure to Complete Transactions If we do not properly complete a transaction from your Card on time or in the correct amount according to our Agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

  • Liability for Failure to Make Transfers If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

  • Your Liability for Unauthorized Transfers Immediately following your discovery of an unauthorized Payment Instruction, you shall communicate with customer care for the Service in the manner set forth in Section 6 of the General Terms above. You acknowledge and agree that time is of the essence in such situations. If you tell us within two (2) Business Days after you discover your password or other means to access your account through which you access the Service has been lost or stolen, your liability is no more than $50.00 should someone access your account without your permission. If you do not tell us within two (2) Business Days after you learn of such loss or theft, and we can prove that we could have prevented the unauthorized use of your password or other means to access your account if you had told us, you could be liable for as much as $500.00. If your monthly financial institution statement contains payments that you did not authorize, you must tell us at once. If you do not tell us within sixty (60) days after the statement was sent to you, you may lose any amount transferred without your authorization after the sixty (60) days if we can prove that we could have stopped someone from taking the money had you told us in time. If a good reason (such as a long trip or a hospital stay) prevented you from telling us, we will extend the time periods specified above to a reasonable period.

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