Common use of Electronic Fund Transfer Disclosure Statement Clause in Contracts

Electronic Fund Transfer Disclosure Statement. The following disclosures are made in accordance with the federal law regarding electronic payments, deposits, transfers of funds and other electronic transfers to and from your account(s). There may be limitations on account activity that restrict your ability to make electronic fund transfers. Any such limits are disclosed in the appropriate agreements governing your account.

Electronic Fund Transfer Disclosure Statement. The following disclosures are made in accordance with the federal law regarding electronic payments, deposits, transfers of funds funds, and other electronic fund transfers to and from your account(s) that are subject to Regulation E (12 CFR Part 1005) (“Electronic Fund Transfers”). There may be limitations on account activity that restrict your ability to make such electronic fund transfers. Any such limits are disclosed in the appropriate agreements governing your accountAccount, including this Agreement. Not all transfers you can make through the Account are considered Electronic Fund Transfers.