Common use of Deposit Only Account Clause in Contracts

Deposit Only Account. If offered as part of the Service, you may designate through the Service an account maintained with us by another person for the purpose of making deposits to that account from funds in your eligible Service Accounts. You may do so on a one-time or recurring basis. Transfers from your eligible Service Accounts to third party accounts will be made in the same manner as Transfers among your Service Accounts. We reserve the right to determine the eligibility and/or ineligibility of any third party account for this service at any time and from time to time, in our sole and absolute discretion and without notice to you. This service is restricted to deposit Transfers only. You will not be able to otherwise access or view a third party account for any reason. We may offer the deposit only account option at our discretion, and the terms of this section are applicable only if we offer this option as part of the Service.

Appears in 2 contracts

Samples: Agreement and Disclosure Statement, Agreement and Disclosure Statement

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Deposit Only Account. If offered as part of the Service, you may designate through the Service an account maintained with us by another person for the purpose of making deposits to that account from funds in your eligible Service Accounts. You may do so on a one-time one‐time or recurring basis. Transfers from your eligible Service Accounts to third party accounts will be made in the same manner as Transfers among your Service Accounts. We reserve the right to determine the eligibility and/or ineligibility of any third party account for this service at any time and from time to time, in our sole and absolute discretion and without notice to you. This service is restricted to deposit Transfers only. You will not be able to otherwise access or view a third party account for any reason. We may offer the deposit only account option at our discretion, and the terms of this section are applicable only if we offer this option as part of the Service.

Appears in 1 contract

Samples: www.regions.com

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Deposit Only Account. If offered as part of the Service, you may designate through the Service an account maintained with us by another person (a “Deposit Only Account”) for the purpose of making deposits to that account from funds in your eligible Service Accounts. You may do so on a one-time or recurring basis. Transfers from your eligible Service Accounts to third party accounts Deposit Only Accounts will be made in the same manner as Transfers among your Service Accounts. We reserve the right to determine the eligibility and/or ineligibility of any third party account for this service as a Deposit Only Account at any time and from time to time, in our sole and absolute discretion and without notice to you. This service is restricted to deposit Transfers only. You will not be able to otherwise access or view a third party account Deposit Only Account for any reason. We may offer the deposit only account Deposit Only Account option at our discretion, and the terms of this section are applicable only if we offer this option as part of the Service.

Appears in 1 contract

Samples: www.regions.com

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