Common use of Small Claims Clause in Contracts

Small Claims. If the amount in dispute is within the jurisdiction of the small claims court it shall be resolved through an action in the small claims court and shall not be subject to arbitration. The Bank and you elect to be bound by the Federal Arbitration Act. Except as set forth below, the parties agree to arbitrate any dispute or controversy concerning your deposit account or related services, including, without limitation, Debit Cards and wire transfers. Either party may request that the matter be submitted to arbitration.

Appears in 3 contracts

Samples: Cit Bank Agreement for Personal Accounts, Banking Agreement, Cit Bank Agreement for Personal Accounts

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