Consumer Account Provisions Clause Samples
The Consumer Account Provisions clause outlines the terms and conditions governing the use and management of consumer accounts within an agreement. It typically details how accounts are created, maintained, and accessed, and may specify requirements such as account security, user responsibilities, and procedures for updating account information. By clearly defining the rights and obligations of both the consumer and the service provider regarding account usage, this clause helps prevent misunderstandings and ensures smooth operation of account-related services.
Consumer Account Provisions. Certain provisions of this Agreement apply only to Consumer Accounts, which as defined above means a checking, savings or money market account established by an individual primarily for personal, family or household purposes. The consumer protection provisions of the federal Electronic Fund Transfer Act and Regulation E of the Board of Governors of the Federal Reserve/Consumer Financial Protection Bureau apply only to electronic fund transfers involving Consumer Accounts.
Consumer Account Provisions. Certain provisions of this Agreement apply only to Consumer Accounts, as defined herein. The consumer protection provisions of the federal Electronic Funds Transfer Act and Regulation E apply only to electronic fund transfers involving Consumer Accounts. Please refer to the Regulation E Initial Disclosures in the Deposit Agreement for more information.