Examples of Electronic Funds Transfer in a sentence
In addition, the parties agree that if any payment order governed by this Addendum is part of a funds transfer subject to the federal Electronic Funds Transfer Act, then all actions and disputes as between you and the Bank shall be governed by Article 4-A of the Uniform Commercial Code, as varied by this Addendum.
CFCU may accept funds which have been transmitted through wire transfers or one or more Automated Clearing Houses (ACH) and which are not subject to the Electronic Funds Transfer Act.
Internal and External transfers from any Money Market or Savings accounts you designate for use with our EBServices may be limited by the Truth in Savings Disclosure or Electronic Funds Transfer Disclosure as received, as applicable, when you opened your account or revised your account with us and as may have been amended from time to time.
Such authorizations and any related disclosures shall be in a form that complies with (i) all requirements of the NACHA Rules and (ii) all applicable federal and state laws and regulations, as the same may be amended from time to time, including, without limitation, any applicable requirements of Regulation E, the Federal Electronic Funds Transfer Act, and sanctions enforced by OFAC.