Examples of Transfer Transaction in a sentence
You understand and agree that in the case of a Transfer Transaction to a person who has not yet enrolled in Zelle®, we may hold your money in the suspense account for up to fifteen business days before either returning the money to you or sending it to the recipient.
If we do assess fees, we will give you reasonable notice as required by law and deduct any applicable fees from the Funding Account used for the Transfer Transaction.
You understand and agree that the extent to which a Transfer Transaction discharges an underlying obligation you have to the recipient of a Transfer Transaction, or an underlying obligation owed to you by the sender of a Transfer Transaction, will be determined by your agreement with the other party and other applicable law.
In particular, if you: • receive notice of a Transfer Transaction via any email address or via text message at any telephone number, and • authorize or accept completion of the Transfer Transaction, then You are also authorizing all Network Banks and Zelle® to associate that email address or telephone number with you and with your Funding and Deposit Accounts.
We may, in our sole discretion, at any time and without prior notice to you or other Zelle® participants, suspend or terminate: □ your use of Zelle®, □ your ability to send or receive money through a Transfer Transaction, □ your ability to send money through a Transfer Transaction, while continuing to permit you to receive money through a Transfer Transaction, □ your ability to request money from another User, or □ your ability to receive requests for money from another User.