Common use of Debit Card Clause in Contracts

Debit Card. The Bank’s debit card allows you to withdraw cash, transfer funds between linked accounts and check account balances at an ATM. It also allows you to purchase goods and services at merchants that accepts debit cards. By opening or maintaining a consumer account at the Bank, you authorize the Bank to provide all eligible signatories on the account a separate debit card. For non- consumer accounts, by opening or maintaining a non-consumer or business account at the Bank, you authorize the Bank to provide you with one debit card. Business debit cards issued to non-consumer accounts (including business accounts and accounts for sole proprietors) are not covered under the Electronic Fund Transfer Act or Regulation E.

Appears in 5 contracts

Samples: Account Agreement and Disclosures, Account Agreement and Disclosures, Account Agreement and Disclosures

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Debit Card. The Bank’s debit card allows you to withdraw cash, transfer funds between linked accounts and check account balances at an ATM. It also allows you to purchase goods and services at merchants that accepts debit cards. By opening or maintaining a consumer account at the Bank, you authorize the Bank to provide all eligible signatories on the account a separate debit card. For non- non‐ consumer accounts, by opening or maintaining a non-consumer non‐consumer or business account at the Bank, you authorize the Bank to provide you with one debit card. Business debit cards issued to non-consumer non‐consumer accounts (including business accounts and accounts for sole proprietors) are not covered under the Electronic Fund Transfer Act or Regulation E.

Appears in 1 contract

Samples: Account Agreement and Disclosures

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