Debit Card Transactions. The maximum combined amount of Debit Card purchases through POS-based transactions is at least $1,500 per day. This includes combinations of Savings, Checking, and Money Market withdrawals. The actual daily POS purchase transaction limit will be disclosed at Account opening and will also be disclosed if these limits change.
Debit Card Transactions. You may access your Checking account to purchase goods (in person or by phone), pay for services (in person or by phone), and get cash from a merchant, if the merchant permits, or from a participating financial institution.
Debit Card Transactions. These are transactions where you use your debit card and you enter your PIN number at the time of the sale. They are similar to ATM withdrawals because money is usually deducted from your account immediately at the time of the transaction. However, some POS transactions are not presented for payment immediately; it depends on the merchant. o Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card and you do not enter your PIN but you are instead asked to sign for the purchase. As described above, in these situations, the merchant may seek prior authorization for the transaction. When that happens, we generally place a temporary hold against the available funds in your account. We refer to this temporary hold as an “authorization hold,” and the amount of the authorization hold will be subtracted from your available balance. Authorizations are deducted from your available balance but not your actual balance as they are received by us throughout each day. At some point after you sign for the transaction, it is processed by the merchant and submitted to us for payment. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please note: the amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if you use your card at a restaurant, a hold will be placed in the amount of the bill presented to you, but when the transaction posts it will include any tip that you may have added to the bill. This may also be the case where you swipe your debit card at gas stations and hotels and other retail establishments. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. This is a general description of how certain types of transactions are posted. These practices may change and we reserve the right to pay items in any order we chose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one $29 fee if we pay multiple transactions when your account is overdrawn. The best way to know how much money you have an...
Debit Card Transactions. These are transactions where you use your debit card and you enter your PIN number at the time of the sale. They are similar to ATM withdrawals because money is usually deducted from your account immediately at the time of the transaction. However, some POS transactions are not presented for payment immediately; it depends on the merchant.
Debit Card Transactions. If you have a Debit Card associated with your Parkside Credit Union checking account, you may use your Card to purchase goods and services from merchants that have agreed to accept Cards, subject to the limitations stated in the Point-of-Sale section above. These merchants may display the payment card logo in their business locations. You may also use your Debit Card to order goods or services by mail, telephone, or the Internet from merchants that have agreed to accept Cards. Your Debit Card, along with your PIN, will also perform the transactions itemized in the “Automated Teller Machine Transactions” and “Point-of-Sale Transactions” sections above. Transactions may only be made from funds in your checking account. Access to other accounts is not permitted.
Debit Card Transactions. 8.2.1 You may use your debit Card to Transact at any Merchant who will accept it.
Debit Card Transactions. After the Closing, Purchaser agrees to use its reasonable efforts to collect from Purchaser’s customers amounts equal to any debit card connected with a Transferred Account and any Visa or MasterCard chargebacks under the MasterCard and Visa Merchant Agreements between Seller and its customers or amounts equal to any deposit items on Transferred Accounts and that are returned to Seller after the Closing which were honored by Seller prior to the Closing and remit such amounts so collected to Seller. Purchaser agrees to immediately remit to Seller any funds held in the customer’s related Transferred Account when the Purchaser receives such notice from the Seller, up to the amount of the charged back or returned item that had been previously credited by Seller, if such funds are available in such customer account at the time of notification by Seller to Purchaser of the charged back or returned item. Notwithstanding the foregoing, Purchaser shall have no duty to remit funds for any item or charge that has been improperly returned or charged to Seller. Exhibit 3.13 contains a listing of all debit cards issued for Transferred Accounts.
Debit Card Transactions. For us to pay overdrafts for non-recurring, or one-time, debit-card transactions, you must affirmatively opt-in by executing Ent’s Opt-In Disclosure. If you do not opt in and a merchant asks us to authorize a transaction that would exceed your available balance, Ent will decline the transaction at the point-of-sale, and it will not assess you a fee. If you opt in and a merchant asks us to authorize a transaction that would exceed your available balance, Ent may pay the transaction, and, if it does so, you will be assessed an overdraft fee only if paying the transaction results in an actual balance more than negative ten dollars when it is presented to us for payment (this may occur up to three (3) days after authorization). If your debit-card transaction is authorized with a sufficient available balance to cover the transaction, you will not be assessed a fee even if your actual balance is insufficient to cover the transaction at the time it is presented to us for payment.
Debit Card Transactions. Funds to cover your Debit Card purchases will be deducted from your checking account. A Debit Card purchase will not be authorized if the amount of purchase exceeds the available balance in your account at the time the authorization is requested. If your funds are being held because of Debit Card authorizations and/or check holds, your available balance will be lower than your actual balance. For a Debit Card purchase that has been authorized, if there are insufficient funds in your account at the time the authorized transaction is processed by the Credit Union, the funds in your overdraft protection account may be used to pay these transactions. If the balance in your account is not sufficient to pay the transaction amount, your account will be subject to a charge as set forth in the Fee Schedule, and the Credit Union may terminate all services under this Agreement. You may also use your Debit Card and access code in automated teller machines of the Credit Union, and such other machines or facilities we may designate from time to time. At the present time, you may use your card to make the following transactions on your accounts: Make deposits to your savings and checking accounts. Withdraw cash from your savings and checking accounts. Transfer funds between your savings and checking accounts. Obtain balance information for your savings or checking account.
Debit Card Transactions. You may access your account(s) by NCCFCU ATM using your ATM or Visa Check Card and personal identification number (PIN) to: get balance information on savings and checking accounts, make withdrawals from savings and checking, make deposits at an NCCFCU ATM, transfer money from savings to checking (or vice versa or make payments to NCCFCU loans by check deposit or transfer from savings or checking. At **foreign Star® and Cirrus® ATMs you can get balance information and make cash withdrawals from checking or savings, depending upon how your account is set up. Some of these services may not be available at all terminals. The way your card is set up also affects what transactions you can do. **Foreign means an ATM that participates in these networks but is not owned by NCCFCU. ATM Card Transactions: You can use your NCCFCU ATM card to access your share savings and checking account at the ATM to get cash and make deposits, pay for services (in person), get cash from a merchant, if merchant policy permits, or from participating financial institutions. The maximum daily limits are $510 at the ATM. Visa® Check Card POS transactions: You may access your NCCFCU share savings and checking account at the ATM to get cash and make deposits. You may access your NCCFCU checking account to purchase goods and services in person and online as well as get cash from a merchant (if merchant policy permits) or from participating financial institutions. Daily Visa Check Card limits are $510 for ATM withdrawals; $1,500 for point of sale purchases. Currency conversion/Foreign Transactions: Purchases and cash advances you make in foreign countries and foreign currencies will be billed to you in U.S. dollars. Visa will charge a 1% International Transaction Fee. The converted transaction amount and the International Transaction Fee will appear as separate items on your statement. The fee is assessed on all international purchases, credit vouchers, and cash disbursements. In addition, Visa will select the conversion rate from a table with a range of rates available in the wholesale currency markets for the applicable central processing date. This rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date, and 1%. Visa will impose a 0.8% fee on foreign transactions where a currency conversion is not performed. Illegal use: You agree not to use your card(s) for illegal gambling or other illegal purposes. Display o...
