Visa® Debit Card Pre-authorization Holds Sample Clauses

Visa® Debit Card Pre-authorization Holds. When you use your Visa® Debit Card at certain merchants such as self-service gas stations, restaurants, hotels, airlines, and rental car companies, the merchant may request a pre-authorization hold on your account to cover the transaction. The pre-authorization amount may be greater than the actual purchase amount. We will place a hold on your account for the amount of any pre-authorization request. This hold may remain on your account for up to three business days, not including weekend days and banking holidays, even after the transaction has been paid. Pre-authorization holds may affect the availability of funds in your account to pay for checks, Visa® Debit Card transactions, and other payment transactions on your account. It is your responsibility to ensure that your available balance remains sufficient to cover the transactions you make. You may incur overdraft fees if you fail to maintain a sufficient available balance to pay your transactions when presented. You agree that we may place merchant pre-authorization holds on your account in connection with your card use, and you will be responsible for any costs or fees you may incur for dishonor of items or otherwise because of such holds. DISCLOSURES
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Visa® Debit Card Pre-authorization Holds. When you use your Visa® Debit Card at certain merchants such as self-service gas stations, restaurants, hotels, airlines, and rental car companies, the merchant may request a pre-authorization hold on your account to cover the transaction. The pre-authorization amount may be greater than the actual purchase amount. We will place a hold on your account for the amount of any pre-authorization request. This hold may remain on your account for up to five days, not including weekend days and banking holidays, even after the transaction has been paid. Pre-authorization holds may affect the availability of funds in your account to pay for checks, Visa® Debit Card transactions, and other payment transactions on your account. You agree that we may place merchant pre- authorization holds on your account in connection with your card use, and you will be responsible for any costs or fees you may incur for dishonor of items or otherwise because of such holds. DISCLOSURES
Sample 1
Visa® Debit Card Pre-authorization Holds. When you use your Visa Debit Card at certain merchants such as self-service gas stations, restaurants, hotels, airlines, and rental car companies, the merchant may request a pre-authorization hold on your account to cover the transaction. The pre-authorization amount may be greater than the actual purchase amount. We will place a hold on your account for the amount of any pre-authorization request. This hold may remain on your account for up to three business days, not including weekend days and banking holidays, even after the transaction has been paid. Pre-authorization holds may affect the Available Balance in your account to pay for checks, Visa Debit Card transactions, and other payment transactions on your account. It is your responsibility to ensure that your Available Balance remains sufficient to cover the transactions you make. To avoid fees, you must closely record and track all of your transactions so that you have a sufficient Available Balance at all times to pay your transactions. To determine the amount of a debit card preauthorization hold placed on your account, you can ask the merchant. You can also check your available balance on the Online Banking and Mobile Banking systems, the X.X.X. Audio Response system, and at most ATMs and point-of-sale terminals. You must be enrolled in our EFT Services to use those services. You may incur overdraft fees if you fail to maintain a sufficient Available Balance in the applicable account to pay your transactions when presented. You agree that we may place merchant pre-authorization holds on your account in connection with your card use, and you will be responsible for any costs or fees you may incur for dishonor of items or otherwise because of such holds.
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Related to Visa® Debit Card Pre-authorization Holds

  • Credit Card Authorization TO THE EXTENT PERMITTED BY APPLICABLE LAW, YOU IRREVOCABLY AND UNCONDITIONALLY AUTHORIZE XXXXXXX TO CHARGE ALL AMOUNTS DUE UNDER THIS AGREEMENT TO ANY CREDIT CARD YOU PROVIDE TO US, AND YOU AGREE TO INDEMNIFY, DEFEND AND HOLD HARMLESS XXXXXXX WITH RESPECT TO THE SAME.

  • Visa Debit Card You may use your Card to purchase goods and services from participating merchants. If you wish to pay for goods or services over the Internet, you may be required to provide card number security information before you will be permitted to complete the transaction. You agree that you will not use your Card for any transaction that is illegal under applicable federal, state, or local law. Funds to cover your Card purchases will be deducted from your checking account. If the balance in your account is not sufficient to pay the transaction amount, the Credit Union may pay the amount and treat the transaction as a request to transfer funds from other deposit accounts, approved overdraft protection accounts or loan accounts that you have established with the Credit Union. If you initiate a transaction that overdraws your Account, you agree to make immediate payment of any overdrafts together with any service charges to the Credit Union. In the event of repeated overdrafts, the Credit Union may terminate all services under this Agreement. You may use your Card and PIN (Personal Identification Number) in ATMs of the Credit Union, Plus, VISA, CO-OP, and ACCEL networks, and such other machines or facilities as the Credit Union may designate. At the present time, you may also use your Card to: • Make deposits to your share savings and checking accounts. • Transfer funds from your share savings and checking accounts. • Obtain balance information for your share savings and checking accounts. • Make certain loan payments from your share savings and checking accounts. • Access your Personal Line of Credit account. • Make POS (Point-of-Sale) transactions with your Card and PIN (Personal Identification Number) to purchase goods or services at merchants that accept Visa. • Order goods or services by mail, Internet or telephone from places that accept Visa. • Some functions may be limited at non-proprietary ATMs; features may be limited to POS only, according to merchant. • Withdraw funds from your share savings and checking accounts. The following limitations on the frequency and amount of Visa Debit Card transactions may apply: • You may make 15 Debit Card purchases per day. • You may purchase up to a maximum of $3,500.00 per day. • You may make 15 cash withdrawals in any one (1) day from an ATM machine. • You may withdraw up to a maximum of $500.00 in any one (1) day from an ATM machine, if there are sufficient funds in your account. • You may make 15 POS transactions in any one (1) day. • You may purchase up to a maximum of $3,500.00 from POS terminals per day, if there are sufficient funds in your account. • You may transfer up to the available balance in your accounts at the time of the transfer. • If you incur a charge in a currency other than U.S. dollars, the charge will be converted into the US dollar amount. Please see the Foreign Transactions section below. Also, transactions in certain countries may be blocked and will require a manual or verbal authorization for approval. Please check with us prior to departure to determine if your destination country is atfected. However, the right to deny such transactions is within our sole discretion and atfected countries may change at any time.

  • Authorization, Etc This Agreement and the Notes have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes, and upon execution and delivery thereof each Note will constitute, a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

  • Information Release Authorization Throughout the Term, you authorize DES to obtain information from the DSP that includes, but is not limited to, your account name, account number, billing address, service address, telephone number, standard offer service type, meter readings, and, when charges hereunder are included on your DSP xxxx, your billing and payment information. You authorize DES to release such information to third parties, including affiliates that need to know such information in connection with your Retail Power service. These authorizations will remain in effect as long as this Agreement is in effect.

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