DIGITAL BANKING. If Digital Banking is activated for your account(s), you will be required to use secure login information to access the account(s). At the present time, you may use Online Banking to: • Withdraw funds from your savings, checking, money market, and club accounts. • Transfer funds from your savings, checking, money market, and club accounts. • Obtain balance information for your savings, checking, loan, money market, club, and certificate accounts. • Make loan payments from your savings, checking, money market, and club accounts. • Obtain tax information on amounts earned on savings and checking accounts or interest paid on loan accounts. • Verify the last date and amount of your payroll deposit. • Use Bill Pay to make bill payments to preauthorized creditors, transfer between accounts at other institutions, and person to person payments. • Use “Capview 360” to track spending, create budgets, and link external account history. Your accounts can be accessed under Online Banking via personal computer. Online Banking will be available for your convenience 24 hours per day. This service may be interrupted for a short time each day for data processing. We reserve the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. We may set other limits on the amount of any transaction, and you will be notified of those limits. We may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction and there may be limits on the duration of each access. The following limitations on Online Banking transactions may apply: • There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one (1) day. • The maximum withdrawal or transfer amount is $5,000.00 per day, and no transfer or withdrawal may exceed the available funds in your account. • The maximum amount of checks to yourself or a third party per account is $1,000.00 per day. • See Section 2 for transfer limitations that may apply to these transactions.
Appears in 1 contract
Sources: Digital Banking Agreement
DIGITAL BANKING. If Digital Banking is activated for your account(s), you will be required to use secure login information to access the account(s). At the present time, you may use Online Banking to: • Withdraw funds from your savings, checking, money market, and club accounts. • Transfer funds from your savings, checking, money market, and club accounts. • Obtain balance information for your savings, checking, loan, money market, club, and certificate accounts. • Make loan payments from your savings, checking, money market, and club accounts. • Obtain tax information on amounts earned on savings and checking accounts or interest paid on loan accounts. • Verify the last date and amount of your payroll deposit. • Use Bill Pay to make bill payments to preauthorized creditors, transfer between accounts at other institutions, and person to person payments. • Use “Capview 360” to track spending, create budgets, and link external account history. Your accounts can be accessed under Online Banking via personal computer. Online Banking will be available for your convenience 24 hours per day. This service may be interrupted for a short time each day for data processing. We reserve the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. We may set other limits on the amount of any transaction, and you will be notified of those limits. We may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction and there may be limits on the duration of each access. The following limitations on Online Banking transactions may apply: • There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one (1) day. • The maximum withdrawal or transfer amount is $5,000.00 per day, and no transfer or withdrawal may exceed the available funds in your account. • The maximum amount of checks to yourself or a third party per account is $1,000.00 per day. • See Section 2 for transfer limitations that may apply to these transactions. Remote/Mobile Check Deposit. Remote/Mobile Check Deposits are accepted using our desktop or mobile Digital Banking system. You may make a Remote/Mobile Check Deposit by using your smartphone’s camera or uploading scanned images of the front and back of the check deposit on a desktop computer. Conditions for Use: When using the Mobile Deposit Service, you MUST endorse all checks with “For Mobile Deposit Only” along with your signature. You agree to maintain all paper items contained in a Deposit for thirty (30) calendar days after submission. After the 30-calendar day retention period for each paper item, you will destroy the paper item in a manner, such as shredding, that makes it unable to be compromised. If your Deposit repeatedly fails the quality check, or is rejected for any reason, you will be required to bring the check(s) into the branch or mail the check(s) to the branch for processing. Funds Availability: Our general policy is to allow you to withdraw funds deposited in your account on the second business day after the day we receive your deposit. In some cases, we may delay your ability to withdraw funds beyond the second business day. A notice of delayed availability will be mailed to you. You will NOT deposit the following items to your Qualifying Account using Mobile Deposit Capture: Checks made payable to any person or entity other than you (i.e., third party checks); Checks made payable to CASH; Checks which have previously been deposited and returned; Checks drawn on institutions located outside the United States; Checks payable in a denomination other than US dollars; Substitute Checks (as defined in the Check 21 Act); Checks that are not in original form with an original signature, such as substitute checks or remotely created checks. US Postal Money orders, MoneyGrams or travelers’ checks; Checks or items on which a stop payment order has been issued or for which there are insufficient funds. Checks containing any alteration of which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn. Checks dated more than 180 days prior to deposit (stale check) or with any legend included on the front of the check; Checks with a date after the date of deposit or no date; Checks in an amount in excess of the deposit limitations set forth herein (see “Deposit Limits” below); and Checks when you not are physically located in the United States; Checks drawn on the same account in which you are depositing; Any item that is stamped with a “non-negotiable” watermark. Bill Pay. We will process bill payment transfer requests only to those creditors the Credit Union has designated in the User Instructions and such creditors as you authorize and for whom the Credit Union has the proper vendor code number. We will not process any bill payment transfer if the required transaction information is incomplete. We will withdraw the designated funds from your checking account for bill payment transfer by the designated cutoff time on the date you schedule for payment. We will process your bill payment transfer within a designated number of days before the date you schedule for payment. You must allow sufficient time for vendors to process your payment after they receive a transfer from us. Please leave as much time as though you were sending your payment by mail. We cannot guarantee the time that any payment will be credited to your account by the vendor. The following limitations on Bill Pay transactions may apply: There is no limit on the number of bill payments per day. The maximum amount of bill payments each day is $5,000.00, if there are sufficient funds in your account. The maximum amount per bill payment is $5,000.00, if there are sufficient funds in your account. Overnight paper draft payments are subject to a $30.00 overnight fee. The following limitations on Account-To-Account (“A2A”) transactions may apply: There is no limit on the number of A2A payments per day. The maximum amount of A2A payments each day is $3,000.00, if there are sufficient funds in your account. The maximum amount per A2A payment is $3,000.00, if there are sufficient funds in your account. The following limitations on Person-To-Person (“P2P”) transactions may apply: There is no limit on the number of P2P payments per day. The maximum amount of P2P payments each day is $500.00, if there are sufficient funds in your account. The maximum amount per P2P payment is $500.00, if there are sufficient funds in your account.
Appears in 1 contract
Sources: Digital Banking Service Agreement