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Common use of Preauthorized Transactions Clause in Contracts

Preauthorized Transactions. If you have arranged in advance to make regular electronic fund transfers out of your account(s) for money you owe others, you may stop payment of preauthorized transfers from your account. You must notify the Credit Union orally or in writing in time for us to receive your request three (3) business days or more before the scheduled date of the transfer.

Appears in 3 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

Preauthorized Transactions. If you have arranged in advance to make regular electronic fund transfers out of your account(s) for money you owe others, you may stop payment of preauthorized transfers from your account. You must notify the Credit Union orally or in writing in time for us to receive your request three (3) business days or more before the scheduled date of the transfer.. The Credit Union may require written confirmation of the stop payment order to be made within fourteen

Appears in 1 contract

Samples: Online and Mobile Terms and Agreement

Preauthorized Transactions. If you have arranged in advance to make regular electronic fund transfers out of your account(s) for money you owe others, you may stop payment of preauthorized transfers from your account. You must notify the Credit Union orally or in writing in time for us to receive your request three (3) business days or more before the scheduled date of the transfer. The Credit Union may require written confirmation of the stop payment order to be made.

Appears in 1 contract

Samples: Electronic Funds Transfers Agreement