Preauthorized and Recurring Transfers Sample Clauses

Preauthorized and Recurring Transfers. You may use the External Transfer service to establish pre-authorized transfers on a one-time or recurring basis. Recurring pre-authorized transfers are those transfers that you set-up in advance to automatically occur at regular intervals that you establish. When you set-up an External Transfer in advance, you authorize Bank to initiate such transfers according to the instructions you provide through iManage Personal Banking®. Your authorization for recurring transfers will remain in effect until you delete such transfers from your External Transfer service.
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Related to Preauthorized and Recurring Transfers

  • 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.

  • Preauthorized Credits If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us to find out whether or not the deposit has been made.

  • Preauthorized Payments You may make arrangements to pay certain recurring bills from your checking or savings account(s).

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