DESCRIPTION OF AND LIMITATIONS ON THE ONLINE SERVICE Clause Samples
The "Description of and Limitations on the Online Service" clause defines the scope, features, and restrictions of the online service being provided. It typically outlines what functionalities users can expect, any technical or usage limitations, and may specify prohibited activities or performance boundaries. For example, it might clarify that the service is available only during certain hours, or that data storage is capped at a specific amount. This clause ensures users have a clear understanding of what the service entails and helps prevent misunderstandings or disputes by setting realistic expectations and boundaries.
DESCRIPTION OF AND LIMITATIONS ON THE ONLINE SERVICE a. General Description of Online Services
DESCRIPTION OF AND LIMITATIONS ON THE ONLINE SERVICE. 2.1 General Description of Online Services. In general, the Online Banking service package enables you to: - search transaction histories and obtain balance information on accounts with the Credit Union which may include checking, savings, money market savings, certificates of deposit, loans and lines of credit. - transfer funds between your transaction accounts at PFCU - make payments on your loan accounts at PFCU - communicate with PFCU staff through a secure message facility - establish reminders and account alerts The Bill Pay service enables you to: - electronically request one-time or recurring payments to be made from your primary checking account to nearly any person, organization or company in or doing business in the United States - view pending payments and payment history This list is not exhaustive and the Credit Union may offer additional or different online services in the future, all of which will be governed by this Agreement, as amended. The Online Banking and Bill Pay services are often collectively referred to in this agreement as "online services". The Online Banking and Bill Pay services are available by request to eligible members with prior Credit Union approval. To be granted use of online services, a member must be in good standing for a reasonable period of time. Online Banking and Bill Pay are separate services that must be requested separately by online enrollment. Despite being separate, you must have access to the Online Banking service before you can access Bill Pay. Bill Pay also requires a valid checking account from which payments are drawn.
DESCRIPTION OF AND LIMITATIONS ON THE ONLINE SERVICE