Touch Tone Teller Sample Clauses
The "Touch Tone Teller" clause establishes the terms and conditions for a telephone-based banking service that allows customers to access their account information and perform certain transactions using a touch-tone phone. Typically, this clause outlines the types of transactions permitted, such as checking balances, transferring funds, or making payments, and may specify security measures like PIN requirements. Its core practical function is to provide customers with convenient, remote access to their accounts while setting clear boundaries and responsibilities for both the bank and the account holder.
Touch Tone Teller. You may access your accounts via our touch-tone telephone system. We will assign you a PIN to use this service. You may use telephone access to: • Withdraw funds from your savings, checking, and money market accounts; • Transfer funds between your savings, checking, money market, club, and to other members' accounts; • Obtain balance, account activity, and other information on your savings, checking, money market, and club accounts; • Make loan or credit card payments from your savings, checking, and money market accounts; • Verify whether a check or other item has cleared your account; • Stop payment on draft (single or series); • Block a lost/stolen debit card; • Change your PIN number on the telephone access service or on your ATM or Debit Cards; The telephone access service is available twenty-four (24) hours a day, but may be inaccessible for a short period each day for data processing. Limitations. The following limitations will apply to the Telephone/Audio Response Service: • The maximum dollar amount of transfers per day is $3,000.00. • Requested checks by mail are limited to $5.00 to $9,999.99.
Touch Tone Teller. If we approve Touch Tone Teller for your accounts, a separate personal identification number (PIN) will be assigned to you. You must use your personal identification number (PIN) along with your account number to access your accounts. At the present time, you may use Touch Tone Teller to:
Touch Tone Teller. If we approve Touch Tone Teller for your accounts, you must choose a four digit personal identification number (PIN). You must use your PIN number with your account number, to access your accounts. At the present time you may use Touch Teller to: • Transfer funds from your savings and checking. • Obtain balance information for all accounts except credit cards. • Make loan payments from your savings, checking, and money market accounts. • Determine if a particular item has cleared. • Verify the last date and amount of your payroll deposit. Your accounts can be accessed under Touch Teller via a touch tone telephone only. Touch Teller service will be available for your convenience twenty-four (24) hours per day. This service may be interrupted for a short time each day for data processing. • There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one day • Maximum withdrawal/transfer amount limited to sufficient available funds in your accounts. • See Section 2 for transfer limitations that may apply to these transactions. The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits. The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction, and there may be limits on the duration of each telephone call.