Common use of Use of External Account Transfer Services Clause in Contracts

Use of External Account Transfer Services. If we make the External Account Transfer Services available to you through Online Banking, you are responsible for advising us of each External Account that you wish to add to the External Account Transfer Service. • You are also responsible for providing us with the following information for each External Account that you wish to add: o Branch address or number o Account number o Financial institution number • You agree that we can, at any time: o Refuse to add an External Account o Add or remove an Account or an External Account from the External Account Transfer Service for any reason o Verify any External Available Account o Limit the number of External Accounts that can be linked through the External Account Transfer Service o Limit the type of transfers that you can conduct between an Account and an External Account. Specifically, we retain the discretion to determine whether a Transaction will be in the form of: (a) credits to the External Account, (b) debits from the External Account, or (c) both credit to and debits from the External Account. • You agree not to request that we add: (i) an External Account that is not held in your name or, (i) an External Account that you do not have authority to authorize transactions to and from. • For security or risk management purposes, you acknowledge that we may (at our discretion), credit a nominal sum to an External Account once per year.

Use of External Account Transfer Services.  If we make the External Account Transfer Services available to you through Online Banking, you are responsible for advising us of each External Account that you wish to add to the External Account Transfer Service. •  You are also responsible for providing us with the following information for each External Account that you wish to add: o Branch address or number o Account number o Financial institution number •  You agree that we can, at any time: o Refuse to add an External Account o Add or remove an Account or an External Account from the External Account Transfer Service for any reason o Verify any External Available Account o Limit the number of External Accounts that can be linked through the External Account Transfer Service o Limit the type of transfers that you can conduct between an Account and an External Account. Specifically, we retain the discretion to determine whether a Transaction will be in the form of: (a) credits to the External Account, (b) debits from the External Account, or (c) both credit to and debits from the External Account. •  You agree not to request that we add: (i) an External Account that is not held in your name or, (i) an External Account that you do not have authority to authorize transactions to and from. •  For security or risk management purposes, you acknowledge that we may (at our discretion), credit a nominal sum to an External Account once per year.