Common use of Popmoney Clause in Contracts

Popmoney. You may use the Popmoney® service to transfer funds from one of your Accounts to an Account of another person (“Recipient”). You may send funds to a Recipient by using the Recipient’s mobile telephone number, or their email address, or you may send the funds directly to their bank Account by entering the required bank routing and Account number information. If you have requested a Popmoney® transfer to a Recipient, you must provide us with a true, correct, current e-mail address for such Recipient. We will contact the Recipient and ask the Recipient to provide us with certain information, such as the Account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to our e-mail or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer. You cannot use Popmoney® to transfer money from a Recipient’s Account to your own Account, however you can “Request” money.

Appears in 4 contracts

Samples: Move Money Agreement, Move Money Agreement, Move Money Agreement

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Popmoney. You may use the Popmoney® Popmoney service to transfer funds from one of your Accounts to an Account of another person ("Recipient"). You may send funds to a Recipient by using the Recipient’s 's mobile telephone number, or their email address, or you may send the funds directly to their bank Account by entering the required bank routing and Account number information. If you have requested a Popmoney® Popmoney funds transfer to a Recipient, you must provide us with a true, correct, current e-mail e-­‐mail address for such Recipient. We will contact the Recipient and ask the Recipient to provide us with certain information, such as the Account number and financial institution that they wish to transfer the funds to. If the Recipient fails to reply to our e-mail e-­‐mail or fails to follow the instructions provided by us, we will notify you and credit your Account for the amount of the transfer. You cannot use Popmoney® Popmoney to transfer money from a Recipient’s 's Account to your own Account, however you can “Request” money.

Appears in 1 contract

Samples: Bankwell’s Funds Transfer and Popmoney Agreement

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