Telephone Transfers definition

Telephone Transfers. You may transfer funds between your checking, money market, and statement savings accounts or pay loans with us from these accounts using our telephone transfer system.
Telephone Transfers. You may access your account(s) by telephone at ▇-▇▇▇-▇▇▇-▇▇▇▇ using a touch tone phone, your account number(s) and your personal identification number. ATM Activity: You may access your account(s) by ATM by using your Card and PIN to:
Telephone Transfers. A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Unless a different limitation is disclosed in writing, we restrict TRANSFER LIMITATIONS: For savings and money market accounts you may make up to six (6) transfers or withdrawals by means of a preauthorized, automatic, computer, or telephonic transfer to another account of yours or to a third party by check, debit card, or similar order during any calendar month (or statement cycle of at least four (4) weeks). A preauthorized transfer includes any arrangement with us to pay a third party from your account at (i) a predetermined time; (ii) on a fixed schedule or (iii) upon oral or written orders including orders received through the automated clearing house (ACH). If the transfer or withdrawal is initiated in person, by mail, or at an ATM then there is no limit. Withdrawals by phone are also unlimited if you are requesting that a check payable to you be mailed to you.

Examples of Telephone Transfers in a sentence

  • Advances may include Account transactions such as cash advances you obtain directly from us, other participating financial institutions, ATMs, Telephone Transfers, Balance Transfers, or Convenience Checks.

  • An electronic fund transfer is any transfer of funds which is performed through the use of Your Card, Our ABE Audio Response Telephone Transfers system, Our ABE Online Banking Computer Transfers system, Our ABEFCU Mobile App system, E-Check or other electronic device.

  • You will be provided with a fee schedule, ABE Audion Response Telephone Transfers, ABE Online Banking Computer Transfers, and ABEFCU Mobile App information after Your Account is established.

  • Info Line Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day, seven days a week, at (▇▇▇) ▇▇▇-▇▇▇▇ using your personal identification number, a touch tone phone, and your account numbers, to transfer funds between checking and savings accounts and make payments from your checking or savings to loan accounts with us.

  • Transfer requests by telephone will only be permitted the Owner did not either opt out of Telephone Transfer on the application or if the Owner has on file with the Company a Written authorization for Telephone Transfers.


More Definitions of Telephone Transfers

Telephone Transfers. You may access your account(s) by telephone at ▇▇▇-▇▇▇-▇▇▇▇ using a touch tone phone. With your account number and personal identification number (PIN) you can: Account Access at Automated Teller Machines: You can access up to three checking, three savings, and three money market accounts at Montecito Bank & Trust ATMs using your ATM card or MasterMoney Debit card held in the same name and your personal identification number. You may perform the following transactions at ATMs: Purchases at Merchants: You may use your MasterMoney Debit card to make purchases at MasterCard® merchants that accept debit cards. Purchases made with your card will result in debits to your "primary" checking account. These transactions will be itemized on your monthly statement, including the merchant name, the date of purchase and the amount of the purchase.
Telephone Transfers. You may access your account by telephone by calling us at 309­796­7500 or toll free at 1­800­323­5109 to: ○ Transfer funds from checking to savings. ○ Transfer funds from savings to checking. ○ Transfer funds from a line of credit to checking or savings. ○ Make a payment from checking or savings to a loan account with us. ○ Obtain information for any of your deposit or loan accounts. ● Automated Teller Machine (ATM) Transfers: You may access your account(s) by an ATM using your ATM Card or Debit Card and personal identification number (PIN) to: ○ Make deposits to checking account(s). ○ Make deposits to savings account(s). ○ Get cash withdrawals from checking or savings. ■ You may withdraw no more than $500 per day. ○ Transfer funds from savings to checking. ○ Transfer funds from checking to savings. ○ Obtain checking account balance information. ○ Obtain savings account balance information. ● Point­Of­Sale Transactions: Using your card: ○ You may access your checking account to purchase goods (in person, by phone, by computer), or get cash from a merchant, if the merchant permits. ○ You may not exceed more than $2,000 in transactions per day. ● Online Banking: You may access your account(s) by using a computer by logging onto ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and using your personal username to: ○ Transfer funds from checking to savings. ○ Transfer funds from savings to checking. ○ Transfer funds from a line of credit to checking or savings. ○ Make a payment from checking or savings to a loan account with us. ○ Obtain information for any of your deposit or loan accounts.
Telephone Transfers. A telephone transfer agreement of funds from this account to another account with us may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Unless a different limitation is disclosed in writing, we restrict the number of transfers from a savings account to another account or to third parties, to a maximum of six per month (less the number of “preauthorized transfers” during the month Liability: Each of you agrees for yourself (and the person or entity you represent if you sign as a representative of another) to the terms and conditions of this account and to the schedule of charges as provided in the Disclosures provided to you at the time you opened the account. Fees, charges and balance requirements may change from time to time. We reserve the right to impose a service charge for cashing share draft/checks drawn on your account if the person cashing the share drafts/check is not a member of the credit union. This agreement includes your promise to pay us and be responsible for any fees, charges or balance/share requirements (and any other reasonable charges we impose for service as you request), which may be deducted from the account balance. It also includes your promise to be jointly and severally liable for any account deficit resulting from charges or overdrafts, together with any costs we incur to collect any deficit, including our reasonable attorney fees (to the extent permitted by law). You agree that at our option we may suspend your membership rights, except for the member’s right to vote and maintain a share account, if you violate any of the terms of this agreement.
Telephone Transfers. A telephone transfer of funds from this account to another account with us, if otherwise permitted or arranged for, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. We restrict the number of transfers from a saving account to another account, or third parties, to a maximum of six per month (less the number of certain “preauthorized transfers” during the month). Other account transfer restrictions are described elsewhere in this brochure. AMENDMENTS AND TERMINATIONWe may change our by-laws and any term of this agreement. Rules governing changes in dividend rates have been provided separately. For other changes we will give you reasonable notice in writing or by any other method permitted by law. We reserve the close this account if your membership in this credit union terminates. You agree to keep us informed about your current address at all times. Notice from us to any one of you is notice to all of you.
Telephone Transfers. A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Other account transfer restrictions may be described elsewhere. AMENDMENTS AND TERMINATION: We may change our bylaws and any term of this agreement. Rules governing changes in rates are provided separately. For other changes we will give you reasonable notice in writing or by any other method permitted by law. We may close this account if your membership in the credit union terminates, or by giving reasonable notice to you and tender of the account balance personally or by mail. At our option, we may suspend your rights to member services if you violate the terms of this agreement. You must keep us informed of your current address at all times. Notice from us to any one of you is notice to all of you.
Telephone Transfers. A transfer of funds from one of your accounts to another of your accounts at the Credit Union may be made by telephonic instructions given by the same persons and under the same conditions that a written transfer request could be made. You agree that the Credit Union may rely upon the apparent authority of a person that is able to provide the Credit Union with the information we require to initiate a transaction by telephone. Checks you Request from the Credit Union: If you request any check be issued by the Credit Union pursuant to any means we make available, then all such checks are payable to the first named owner of the account, record owner, trustee, custodian, or as otherwise indicated on your account card with us and will be mailed to your address of record. However, if any account owner(s) appears in person with valid identification, an official check can then be made payable to whomever they wish. Right to Reject, Delay or Suspend: We will not be obligated to honor, in whole or in part, (or may delay or suspend) any transaction or instruction which:
Telephone Transfers as used in this paragraph refers to transfers initiated through Online Banking, Online BillPay, 24-Hour Voice Access System and those initiated by telephoning the Bank and instructing Bank personnel to transfer funds from your savings or money market deposit accounts.) If you exceed the transfer limits, then SouthTrust Bank, N.A. may be required to close your savings or money market account and transfer the balance to a checking account. Transfer Processing Date of Immediate Transfer Request Date Immediate Transfer will be made On a Business Day - before Approximately 5 p.m. Central Time Same Business Day that the transfer is requested.1 On a Business Day - after Approximately 5 p.m. Central Time Transaction will post the next Business Day after the transfer is requested.1 On a day other than a Business Day Transaction will post the next Business Day after the transfer is requested.1 Date of Scheduled Transfer Request Date Scheduled Transfer will be made On a Business Day2 Transaction will post the same Business Day the day the transfer was scheduled.3 On a day other than a Business Day Transaction will post the next Business Day after the day the transfer was 1 If transferring to a SouthTrust Bank, N.A. deposit account, the funds are available upon completion of the transfer.