Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.
Appears in 5 contracts
Samples: Overdraft Agreement, Overdraft Agreement, www.midflorida.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your Your account and the third party’s account. These transfers transfers, to make or receive payment payment, may be one-time occurrences or may recur as directed by youYou. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your Your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you You with notice and you You go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you You to provide the third party with your Your account number and credit union Credit Union information. This information can be found on your Your check or draft as well as on a deposit or withdrawal slip. Thus, you You should only provide your credit union Your Credit Union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you You have authorized to initiate these electronic fund funds transfers. Examples of these the transfers include, but are not limited to: • Preauthorized credits. Preauthorize Credits - You may make arrangements for certain direct deposits to be accepted into your checking Your share draft or share savings account(s). • Preauthorized payments. Payments - You may make arrangements to pay certain recurring bills from your checking Your share draft or share savings account(s). • Electronic check Check or draft conversion. Draft Conversion - You may authorize a merchant or other payee to make a one-time electronic payment from your Your checking or share draft account using information from your Your check or draft to pay for purchases or pay bills. • Electronic returned check Returned Check or draft charge. Draft Charge - You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.
Appears in 3 contracts
Samples: allincu.com, allincu.com, allincu.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits (such as U.S. Treasury (Social Security) or some employers (payroll)) to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers Information Line - You may access your account by telephone 24 hours a day at (000) 0-000-0000 and Toll Free (866000-0000, self-enrollment in the service is required) 913- 3733 using your personal identification numberaccess code, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - about the account balance of checking accounts - checking, savings or credit card accounts; you may also use the last five transactions Information Line to checking accounts - the account balance of savings accounts - the last five transactions transfer funds between deposit accounts, subject to savings accounts certain conditions and restrictions. Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers. ATM Transfers - types of transfers, dollar limitations and charges - You may access your account(s) by ATM using your ATM card and personal identification number or Debit Card and personal identification number, to: • make deposits to checking account(s) with an ATM card and/or Debit Card at ATM locations that accept deposits • make deposits to savings account(s) with an ATM card and/or Debit Card at ATM locations that accept deposits • get cash withdrawals from checking and/or savings account(s) with an ATM card and/or Debit Card - you may withdraw no more than the lesser of (1) the available balance in your selected deposit account plus, where applicable, the amount of credit available under your overdraft protection service with us per business day or (2) the daily cash withdrawal limit established for your Debit Card or (3) the limit(s), if any, imposed by the ATM you access to make such withdrawal • transfer funds from savings to checking account(s) with an ATM card and/or Debit Card • transfer funds from checking to savings account(s) with an ATM card and/or Debit Card • get information about the available account balance of your checking and savings accounts with an ATM card and/or Debit Card Some of these services may not be available at all terminals. Please also see Limitations on frequency of transfers section regarding limitations that apply to ATM transfers. There is a charge for each withdrawal and for each transfer or balance inquiry made at any ATM not owned or operated by us. Please refer to “Other Fees Schedule” in the Deposit Information brochure for current charges. Note: There may be a surcharge at ATMs housed in locations not owned by us, such as hotels and casinos. A surcharge may apply at other network ATMs (a message will appear on the ATM screen to notify you if the surcharge applies). If you ask us to replace your ATM or Debit Card, you may be charged a replacement card fee based upon the current schedule of service and other fees. Types of Point-of-Sale Transactions: Debit Point-of-Sale - You may access your checking account(s) to purchase goods (in person), pay for services (in person), or get cash from a merchant, if the merchant permits, using your ATM card or Debit Card and personal identification number. Credit Point-of-Sale - You may access your checking account(s) without your personal identification number to purchase goods or services or get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. We require that a merchant obtain our authorization before permitting you to conduct Point-of-Sale transactions. You may not place a stop payment order on any Point-of-Sale or ATM transaction. For this reason, you should inquire about a merchant’s return or refund policy before entering into a Point-of-Sale transaction. Collection and Overdrafts. When you use your ATM card or Debit Card at an ATM or with a merchant (point-of-sale) to obtain goods or services or cash, the ATM or merchant may obtain a pre-authorization for the transaction. We will also place a hold on your designated checking account in the amount of any ATM card or Debit Card transaction for which we or our agent has given authorization. This hold will not be released until the earlier of (a) three (3) business days or (b) the business day that the authorization transfer is paid by us. Pre-authorization requests may be in amounts different from the total amount of the sales slip. If any of the information provided to us for the pre-authorization does not match the information provided us for the authorized transaction, such as Debit Card number, merchant number, pre-authorization key number or transaction amount, our computer system may not be able to match the authorized transaction with the pre-authorization, and the pre- authorization hold may remain on your account for up to three (3) business days, even if the authorized transaction has actually posted to your account. The amount of your balance will be decreased by the amount of the hold for as long as the hold is in effect. This means that funds on hold will not be available for withdrawal, transfer or payment of your checks, ACH, and other debit items. You agree that we will not be liable to you for wrongful dishonor of any check, Debit Card transaction, ATM card transaction, ACH, transfer, withdrawal or other debit item on your account that is not paid by us or is returned by us unpaid due to a pre-authorized hold during the period of time the hold is in place, even if the authorized transaction has posted to your account. To prevent non-sufficient funds or overdrafts from occurring, you are reminded and agree not to withdraw or write checks against funds that are needed to pay ATM/Debit Card transactions that have not yet posted against your account (such as writing checks or performing other ATM withdrawals or point-of-sale purchase transactions) unless you have sufficient available funds in your account or sufficient funds available under an overdraft protection service associated with your designated checking account. Point-of-Sale Transactions - dollar limitations - Using your Debit Card: • You may not exceed the lesser of (1) daily Visa purchase limit or (2) the available collected balance in your designated checking account plus, where applicable, the amount of credit available under your overdraft protection service. For the daily Visa purchase limit applicable to your debit card, please either refer to the information that accompanied your debit card upon delivery or contact us at the Electronic Banking Services address or phone number applicable as listed herein and in your Debit Card Agreement. Please remember that we may pay such an item presented against non-sufficient funds and create an overdraft and charge a related fee as more fully discussed in that section titled “NON-SUFFICIENT FUNDS AND OVERDRAFTS”. Please also see Limitations on frequency of transfers section regarding limitations that apply to debit card transactions. Currency Conversion and International Transactions. When you use your Visa® Debit Card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Visa USA charges us a .8% International Service Assessment on all international transactions, regardless of whether there is a currency conversion. If there is a currency conversion, the International Service Assessment is 1% of the transaction. In either case, we pass this international transaction fee on to you. An international transaction is a transaction where the country of the merchant is outside the USA. Advisory Against Illegal Use. You agree not to use your card(s) for illegal gambling or other illegal purpose. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. Non-Visa Debit (PINless) Transactions. Recently new network processing procedures went into effect that may impact you when you use your Visa Debit Card at certain merchant locations. In the past transactions have been processed as Visa Debit Card transactions unless you entered a PIN. In the future, if you do not enter a PIN, transactions may be processed as either a Visa Debit Card transaction or a transaction on the Pulse, Plus, Star, or Cirrus networks. Merchants must provide you with a clear way of choosing to make a Visa Debit Card transaction if they support this option. Please be advised that should you choose to use your Visa Debit Card when making these types of transactions without a PIN, different terms may apply and you may not be eligible for rewards, special sweepstakes entries or other campaigns that are only associated with transactions processed over the Visa network. Certain protections and rights applicable only to Visa Debit Card transactions as described in your cardholder agreement will not apply to the aforementioned transactions processed on the Pulse, Plus, Star, or Cirrus networks. Limitations on frequency of transfers. In addition to those limitations on transfers elsewhere described, if any, the following limitations apply: • Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per month. • Transfers from a money market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check or similar order to third parties are limited to six per month. FEES • We do not charge for direct deposits to any type of account. Except as indicated elsewhere, including our current fee schedule, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 3 contracts
Samples: Deposit Agreement, Deposit Agreement, www.hancockwhitney.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to (such as U.S. Treasury (Social Security) or some employers (payroll))to be accepted into your checking share draft or savings share account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking share draft or savings share account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.
Appears in 2 contracts
Samples: www.abefcu.org, www.abefcu.org
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers EFTs between your account Account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) ACH or other payments payment network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer EFT or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third These third-party transfers will may require you to provide the third party with your account number and credit union Card information, Account number, and/or bank routing information. This information can be found on your check or draft Check as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union Card, bank, and account Account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfersElectronic Fund Transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s)Account. • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s)Account. • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment EFT from your checking or share draft account Account using information from your check or draft to pay for purchases or pay billsCheck. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer EFT to collect a charge in the event a check or draft Check is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply When information from your Check is used to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You make an EFT, funds may access be withdrawn from your account by telephone 24 hours a Account as soon as the same day at (000) 000-0000 and Toll Free (866) 913- 3733 using you make your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transferspayment.
Appears in 1 contract
Samples: Depository Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s 's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third third-party transfers will require you to provide the third party with your account number and credit union financial institution information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union financial institution and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • · Preauthorized credits. credits - You may make arrangements for certain direct deposits (for example, from: U.S. Treasury, ABC Company, payroll deposits, retirement) to be accepted into your checking or savings account(s)savings. • · Preauthorized payments. payments - You may make arrangements to pay certain recurring bills from your checking checking, savings or savings account(s)Savings for loan payments with this bank. • · Electronic check or draft conversion. conversion - You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic · Xxxxxxxxxx returned check or draft charge. charge - You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations Telephone Banking transactions - types of transactions - You may access your account by telephone using your account number(s), personal identification number (PIN), social security number and touch tone phone to: · transfer funds from checking or savings to checking or savings · make payments from checking or savings to PBG loan accounts · get balance information about checking, savings, certificate of deposit or PBG Loan Accounts · get withdrawal history about checking or savings · get deposit history about checking or savings · get transaction history about checking, savings or Loan payments You may access your account for telephone transactions at the following number(s) and during the following hours: · (000)000-0000 (24/7) PBG Visa Check Card ATM transactions - types of transactions - You may access your account(s) by ATM at ACCEL or PLUS using your PBG Visa Check Card and your personal identification number (PIN) (as applicable) to: · withdraw cash from checking or savings · transfer funds from checking or savings at an ATM to checking or savings at an ATM · make payments from checking to merchants (in person, online or via phone) or other financial institutions · get balance information about checking or savings · ADVISORY AGAINST ILLEGAL USE: You agree not to use your card for illegal gambling or other illegal purposes. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. Some of these services may not be available at all terminals. PBG Visa Check Card point-of-sale transactions - types of transactions - You may access your checking account(s) using your PBG Visa Check Card to do transactions that participating merchants will accept, including: · purchase goods in person, by phone, or online · pay for services in person, by phone, or online · get cash from a participating merchant or financial institution Currency Conversion and International Transactions - When you use your VISA(R) debit card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on frequency the processing date may differ from the rate in effect on the transaction date or posting date. Visa USA charges us a .8% International Service Assessment on all international transactions, regardless of transfers section regarding limitations whether there is a currency conversion. If there is a currency conversion, the International Service Assessment is 1% of the transaction. The fee we charge you for international transactions/currency conversions is disclosed separately. An international transaction is a transaction where the country of the merchant is outside the USA. Advisory Against Illegal Use - You agree not to use your PBG Visa Check Card for illegal gambling or other illegal purposes. Display of a payment card logo by, for example, an online merchant does not necessarily mean that apply transactions are lawful in the jurisdiction in which you may be located. Non-Visa Debit Transaction Processing - We have enabled non-Visa debit transaction processing. This means you may use your PBG Visa Check Card on a PIN-Debit Network* (a non-Visa network) without using a PIN. The non-Visa debit network(s) for which such transactions are enabled are: ACCEL/Exchange Network. Examples of the types of actions that you may be required to savings accountsmake to initiate a Visa transaction on your PBG Visa Check Card include signing a receipt, providing a card number over the phone or via the Internet, or swiping the card through a point-of-sale terminal. Direct Touch Banking Telephone Transfers Examples of the types of actions you may be required to make to initiate a transaction on a PIN-Debit Network include initiating a payment directly with the xxxxxx (possibly via telephone, Internet, or kiosk locations), responding to a logo displayed at a payment site and choosing to direct payment through that network, and having your identity verified using known information derived from an existing relationship with you instead of through use of a PIN. The provisions of your agreement with us relating only to Visa transactions are not applicable to non-Visa transactions. For example, the additional limits on liability (sometimes referred to as Visa's zero-liability program) and the streamlined error resolution procedures offered on Visa debit card transactions are not applicable to transactions processed on a PIN-Debit Network. * Visa Rules generally define "PIN-Debit Network" as a non-Visa debit network that typically authenticates transactions by use of a personal identification number (PIN) but that is not generally known for having a card program. PBG Online - types of transfers - You may access your account by telephone 24 hours a day accounts at (000) 000-0000 xxxxxxxxxxxxxxxxx.xxx and Toll Free (866) 913- 3733 using your account number(s), personal identification numbernumber (PIN), a touch tone phone, social security number and Base account number, Username and Password to: • · transfer funds from checking to savings • transfer funds from or savings to checking • transfer funds from or savings to savings • · make payments from checking or savings to loan accounts PBG Loan Accounts (Some payments made by paper check will not be subject to this Electronic Fund Transfers disclosure, as disclosed separately. You may use the CheckFree Online Bill Pay Service to arrange bill payments to merchants you set up and authorize. Bill Pay can be accessed through the PBG Online Internet Banking website. Depending on the merchants, some of these payments will be electronic but others will be issued a paper check. Popmoney is also available for person-to-person transfers.) · get balance information about checking, savings, certificate of deposit or PBG Loan Accounts · get transaction history about checking, savings, certificate of deposit or PBG Loan Account CheckFree Online Bill Pay Service - types of transfers - You may access this service by computer at xxx.xxxxxxxxxxxxxxxxx.xxx and using your user name and password and account number(s). You may also access this service by Smart phone, or other device, with us • internet access. and using the following for access: Username and Password. You may access this service to: · make payments from savings your checking account(s) to loan any third party that will accept prearranged payments (Some payments made by paper check will not be subject to this Electronic Fund Transfers disclosure, as disclosed separately.) · transfers to your account with another institution, · transfers from your account with another institution. · Transfers may be made person to person with through POPMoney. MOBILE ACCESS: PBOG MOBILITI Online Internet Banking and Bill Pay Services. - types of transfers - You may access your accounts remotely with us • your Cell phone or other mobile device with Internet Access. and using your Username, Password, Personal identification number (PIN), Responses to multifactor authentication questions and Account type descriptions. You may use this service to: · transfer funds from Checking or Savings to Checking or Savings · transfer funds from Checking or Savings to Loans · make payments from Checking or Savings to Checking or Savings · make payments from Checking or Savings to Loans (Payments made by paper check to specified payees (as disclosed separately) will NOT be subject to these Electronic Fund Transfers Rules.) · get balance information about: about checking, savings, certificate of deposit or Loans · get transaction history about checking, savings, certificate of deposit or Loans · Order checks · Make person to person transfers with the POP Money Solution Your mobile service provider's standard service fees, such as text message fees or similar charges, will apply to all transactions. Check with your service provider for information about these fees. Limits and fees - Please refer to our fee disclosure for information about fees and limitations that may apply to these electronic fund transfers. ATM Operator/Network Fees - When you use an ATM not owned by us, you may be charged a fee by the account ATM operator or any network used (and you may be charged a fee for a balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see inquiry even if you do not complete a fund transfer). Limitations on frequency of transfers section regarding - In addition to those limitations that on transfers elsewhere described, if any, the following limitations apply to your Regular Savings, Money Market Deposit Accounts, and Super Money Market Deposit Accounts account(s): During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone transfersorder or instruction. No more than six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.
Appears in 1 contract
Samples: Terms and Conditions
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking checking, savings, or savings money market account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking checking, statement savings, or savings statement money market account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to savings checking • transfer funds from savings checking to savings/money market • transfer funds from statement savings/money market to checking • transfer funds from savings statement savings/money market to savings savings/money market • make payments from checking to loan accounts with us us, excluding payoff transactions • make payments from savings statement savings/money market to loan accounts with us us, excluding payoff transactions • get information about: - the account balance of checking accounts checking, savings, money market or certificate of deposit account(s) - the last five transactions to checking accounts most recent debits and credits of checking, savings, or money market account(s) - the balance, interest and payment information of your mortgage or consumer loan account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.
Appears in 1 contract
Samples: Terms and Conditions of Your
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base your account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get checking account(s) information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of • get savings accounts - the last five transactions to savings accounts account(s) information • get loan account(s) information • receive statement by fax Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers. Online Banking Transfers - types of transfers - You may access your account(s) by computer through the internet by logging onto our website at xxx.XxxxxxxXxxx.xxx and using a login ID and password, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from checking/savings account(s) to account(s) at other banks • transfer funds from account(s) at other banks to your checking/savings account(s) • make payments from checking to loan account(s) with us • make payments from checking or savings to third parties • make payments from savings to loan account(s) with us • get checking account(s) information • get savings account(s) information • get loan account(s) information Mobile Banking Transfers - types of transfers - You may access your account(s) through the browser on your mobile phone at xxxxxxxxxxx.xxx or by downloading the mobile banking app and using your Online Banking login ID and password, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from checking/savings account(s) to account(s) at other banks • transfer funds from account(s) at other banks to your checking/savings account(s) • make payments from checking to loan account(s) with us • make payments from checking or savings to third parties • make payments from savings to loan account(s) with us • get checking account(s) information • get savings account(s) information • get loan account(s) information With SMS (text banking), you may also: • get checking account(s) information • get savings account(s) information • get loan account(s) information You may be charged access fees by your cell phone provider based on your individual plan. Web access is needed to use this service. Check with your cell phone provider for details on specific fees and charges. Please also see Limitations on frequency of transfers section regarding limitations that apply to computer transfers. Limitations on frequency of transfers. In addition to those limitations on transfers elsewhere described, if any, the following limitations apply: • Transfers from a money market account to another account or to third parties by preauthorized or automatic, telephone, or computer transfer are limited to six per calendar month. If you exceed the transfer limitations set forth above, your account shall be subject to closure. FEES • We do not charge for direct deposits to any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: Deposit Account Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking share draft or share savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking share draft or share savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking CCESS Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking share draft to share savings • transfer funds from share savings to checking share draft • transfer funds from savings line of credit to share draft or share savings • make payments from checking to loan accounts with us • make payments from share draft or share savings to loan accounts with us • get information about: - the account balance of checking share draft or share savings accounts TM Transfers - the last five transactions Credit Union 24, Publix Presto, PLUS, and ExpressCash ( merican Express) Networks - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM/Debit card and personal identification number, to: • make deposits to checking accounts share draft or share savings account(s) • get cash withdrawals from share draft or share savings account(s) - you may withdraw no more than $755.00 per day - there is a charge per withdrawal at ATMs we do not own or operate (refer to separate fee schedule) • transfer funds from share savings to share draft account(s) • transfer funds from share draft to share savings account(s) • transfer funds from line of credit to share draft or share savings account(s) • get information about: - the account balance of your share draft or share savings accounts account(s) Some of these services may not be available at all terminals. Types of Debit Card Point-of-Sale Transactions - You may access your share draft account(s) to purchase goods (in person, online, or by phone), pay for service (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: • you may not exceed $2,250.00 in transactions per day. Currency Conversion and International Transactions. When you use your Debit Card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates3 available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Visa USA charges us a .8% International Service Assessment on all international transactions, regardless of whether there is a currency conversion. If there is a currency conversion, the International Service Assessment is 1% of the transaction. In either case, we pass this international transaction fee on to you. An international transaction is a transaction where the country of the merchant is outside the USA. dvisory gainst Illegal Use. You agree not to use your card(s) for illegal gambling or other illegal purpose. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. Non-Visa Debit Transaction Processing. We have enabled non- Visa debit transaction processing. This means you may use your Visa- branded debit card on a PIN-Debit Network* (a non-Visa network) without using a PIN. The non-Visa debit network(s) for which such transactions are enabled are: PULSE Network. Examples of the types of actions that you may be required to make to initiate a Visa transaction on your Visa-branded debit card include signing a receipt, providing a card number over the phone or via the Internet, or swiping the card through a point-of-sale terminal. Examples of the types of actions you may be required to make to initiate a transaction on a PIN-Debit Network include initiating a payment directly with the xxxxxx (possibly via telephone, Internet, or kiosk locations), responding to a logo displayed at a payment site and choosing to direct payment through that network, and having your identity verified using known information derived from an existing relationship with you instead of through use of a PIN. The provisions of your agreement with us relating only to Visa transactions are not applicable to non-Visa transactions. For example, the additional limits on liability (sometimes referred to as Visa's zero- liability program) and the streamlined error resolution procedures offered on Visa debit card transactions are not applicable to transactions processed on a PIN-Debit Network. *Visa Rules generally define PIN-Debit Network as a non-Visa debit network that typically authenticates transactions by use of a personal identification number (PIN) but that is not generally known for having a card program. PC Home Banking Computer Transfers - types of transfers - You may access your account(s) by computer through the internet by logging onto our website at xxx.xxxxx.xxxx and using your personal identification number and your member number, to: • transfer funds between share draft and share savings • make payments from share draft to third parties • get information about: - the last five transactions account balance of share draft or share savings account(s) FEES • We do not charge for direct deposits to any type of account. • We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. TM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). DOCUMENT TION • Terminal transfers. You can get a receipt at the time you make a transfer to or from your account using an automated teller machine or point-of-sale terminal. However, you may not get a receipt if the amount of the transfer is $15 or less. • Preauthorized credits. If you have arranged to have direct deposits made to your account at least once every 0 days from the same person or company, you can call us at (000) 000-0000 to find out whether or not the deposit has been made. • Periodic statements. You will get a monthly account statement from us for your share draft accounts. You will get a monthly account statement from us for your share savings accounts accounts, unless there are no transfers in a particular month. In any case, you will get a statement at least quarterly. PRE UTHORIZED P YMENTS • Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: Call or write us at the telephone number or address listed in this brochure in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. Please also see Limitations refer to our separate fee schedule for the amount we will charge you for each stop payment order you give. • Notice of varying amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) • Liability for failure to stop payment of preauthorized transfer. If you order us to stop one of these payments 3 business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. FIN NCI L INSTITUTION’S LI BILITY Liability for failure to make transfers. If we do not complete a transfer to or from your account on frequency of transfers section regarding limitations that apply time or in the correct amount according to telephone transfers.our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
Appears in 1 contract
Samples: static1.squarespace.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-one- time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Telephone Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day seven days a week at (0-000) -000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, your account numbers, and Base account your telephone banking number, to: • transfer funds to and from checking to savings authorized deposit accounts per your account disclosure • transfer funds from savings a line of credit to checking • transfer funds from savings to savings a deposit account per your account disclosure • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking balances and transactions associated with deposit accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings balances associated with loan accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.
Appears in 1 contract
Samples: Deposit Account Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations TRANSFER LIMITATIONS There is no limit on frequency the number of transfers section regarding limitations that apply from your savings account or your MMSA if they are made in person, by Automatic Teller, or by mail, or if they are made to savings accountsmake monthly payments on PFCU loans, to have funds mailed directly to you, or as a distribution of your Direct Deposit. Direct Touch Banking Telephone Transfers - Federal regulations limit the number of certain types of transfers - and/or withdrawals you can make from your savings account and your MMSA to six per calendar month. The types of transfers that are limited are those requested by fax, telephone, Internet, and pre-authorized transfers. FEES • We do not charge for direct deposits to any type of account. • We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers Periodic statements: You may access will receive a monthly statement if you have a checking account or if you have ACH deposits, withdrawals or payments coming from an account. Otherwise you will receive a quarterly statement. If you are receiving a quarterly statement, but would like to receive a monthly statement, please contact the credit union. We can set you up to always receive a monthly statement. Fees and charges: The fee to receive a monthly statement from a quarterly is listed in our separate fee schedule. PREAUTHORIZED PAYMENTS • Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account by telephone 24 hours a day account, you can stop any of these payments. Here is how: Call us at (000) 000- 000-0000 or write us at the address listed at the end of this notice in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and Toll Free get it to us within 14 days after you call. We will charge you a fee for each stop-payment order you give. See separate fee schedule. • Notice of varying amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (866You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) 913- 3733 using your personal identification number, a touch tone phone• Liability for failure to stop payment of preauthorized transfer. If you order us to stop one of these payments 3 business days or more before the transfer is scheduled, and Base account numberwe do not do so, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transferswe will be liable for your losses or damages.
Appears in 1 contract
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s 's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • } Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • } Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • } Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • } Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Telephone Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, phone and Base your account numbernumbers, to: • } transfer funds from between checking to and savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • } get information about: - the account balance of checking accounts or savings account(s) - the last five transactions deposits to checking accounts - the account balance of or savings accounts - the last five transactions to withdrawals from checking or savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers. ATM Transfers - types of transfers and dollar limitations - You may access your account(s) by ATM using your Debit MasterCard and personal identification number, to: } get cash withdrawals from checking or savings account(s) with a debit card - you may withdraw no more than $505.00 per day } transfer funds from savings to checking account(s) with a debit card } transfer funds from checking to savings account(s) with a debit card } make payments from checking or savings account(s) with a debit card to loan accounts with us } get information about: - the account balance of your checking account(s) } with a debit card - the account balance of your savings account(s) } with a debit card Some of these services may not be available at all terminals. Please also see Limitations on frequency of transfers section regarding limitations that apply to ATM transfers. Types of Debit MasterCard Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: } you may not exceed $1,000.00 in transactions per day Please also see Limitations on frequency of transfers section regarding limitations that apply to debit card transactions. Online Banking Transfers - types of transfers - You may access your account(s) by computer through the internet by logging onto our website at xxx.xxxxxxxxxxxxx.xxx and using your user identification, password and multifactor authentication, to: } transfer funds between checking and savings } transfer funds from line of credit to checking or savings } make payments from checking or savings to loan account(s) with us } make payments from checking to third parties } get information about: - the account balance of checking or savings account(s) - deposits to checking or savings accounts - withdrawals from checking or savings accounts } view check images Mobile Banking Transfers - types of transfers - You may access your account(s) through the browser on your cell or mobile phone at x.xxxxxxxxxxxxx.xxx, or by downloading our mobile banking app, and using your user identification and password, to: } transfer funds between checking and savings } make payments from checking or savings to loan account(s) with us } make payments from checking to third parties } get information about: - the account balance of checking or savings account(s) - deposits to checking or savings accounts - withdrawals from checking or savings accounts } receive account alerts With SMS (text banking), you may also: } get information about: - the account balance of checking or savings accounts - deposits to checking or savings accounts - withdrawals from checking or savings accounts } receive account alerts You may be charged access fees by your cell phone provider based on your individual plan. Web access is needed to use this service. Check with your cell phone provider for details on specific fees and charges. Please also see Limitations on frequency of transfers section regarding limitations that apply to computer transfers. Limitations on frequency of transfers. In addition to those limitations on transfers elsewhere described, if any, the following limitations apply: } Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per calendar month with no transfers by check, draft, debit card, or similar order to third parties. } For security reasons, there are other limits on the number of transfers you can make by ATM. FEES } We do not charge for direct deposits to any type of account. } We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: Electronic Funds Transfer Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s 's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union financial institution information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union financial institution and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • · Preauthorized credits. credits - You may make arrangements for certain direct deposits to be accepted into your checking share draft, share or savings account(s)IRA, Christmas Club. • · Preauthorized payments. payments - You may make arrangements to pay certain recurring bills from your checking share draft or savings account(sshare. Password/Personal Identification Number (PIN). • Electronic check You cannot use ATMs, Audio Response Service or draft conversionWeb Banking without an identification number, which we refer to as a PIN. You may authorize a merchant or other payee to make a one-time electronic payment from are responsible for the safekeeping of your checking or share draft account using information from your check or draft to pay PINs and for purchases or pay bills. • Electronic returned check or draft chargeall transactions made by use of the PINs. You may authorize a merchant or will notify us immediately and send written confirmation if any of your PINs are disclosed to anyone other payee than the joint owner of your account. If you disclose any of your PINs to initiate an anyone, you must understand that you have given them access to your account via the electronic funds transfer to collect a charge in the event a check or draft is returned system you are accessing and that you are responsible for insufficient fundsany such transactions. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers Audio Response Service transactions - You may access your account by telephone 24 hours a day using your account number(s), password/personal identification number (PIN) and touch tone phone to: · transfer funds from Share, Share Draft to Share, Share Draft · make payments from Share, Share Draft to Loan · get balance information about share draft, share, certificate of deposit, line of credit or IRA, Christmas Club · get withdrawal history about share draft, share, certificate of deposit or line of credit · get deposit history about share draft or share · get transaction history about share draft, share, certificate of deposit or line of credit You may access your account for telephone transactions at the following number(s) and during the following hours: · (000) 000000)000-0000 (24 hour service) · (000)000-0000 (24 hour service) · (000)000-0000 (24 hour service) Oakdale Credit Union ATM Card transactions - types of transactions - You may access your account(s) by ATM at Networks: Visa, Plus, Shazam, MasterCard, American Express, Cirrus, Quest and Toll Free (866) 913- 3733 Privileged Status. May be used at any Oakdale Credit Union owned ATM's. using your Oakdale Credit Union ATM Card and your personal identification number, a touch tone phone, and Base account number, number (PIN) to: • · deposit funds to Share, Share Draft · withdraw cash from Share, Share Draft · transfer funds from checking Share, Share Draft to savings • Share, Share Draft · get balance information about Share, Share Draft Some of these services may not be available at all terminals. Oakdale Credit Union Debit Card ATM transactions - types of transactions - You may access your account(s) by ATM at Networks: Visa, Plus, Shazam, MasterCard, American Express, Cirrus, Quest and Privileged Status. May be used at any Oakdale Credit Union owned ATM's. using your Oakdale Credit Union Debit Card and your personal identification number (PIN) (as applicable) to: · deposit funds to Share, Share Draft · withdraw cash from Share, Share Draft · transfer funds from savings Share, Share Draft to checking • Share, Share Draft · get balance information about Share, Share Draft Some of these services may not be available at all terminals. Oakdale Credit Union Debit Card point-of-sale transactions - types of transactions - You may access your share draft account(s) using your Oakdale Credit Union Debit Card to do transactions that participating merchants will accept, including: · purchase goods in person, by phone, or online · pay for services in person, by phone, or online · Receive cash from a participating merchant with the use of a PIN. Currency Conversion and International Transactions - When you use your VISA(R) debit card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Visa USA charges us a .8% International Service Assessment on all international transactions, regardless of whether there is a currency conversion. If there is a currency conversion, the International Service Assessment is 1% of the transaction. The fee we charge you for international transactions/currency conversions is disclosed separately. An international transaction is a transaction where the country of the merchant is outside the USA. Advisory Against Illegal Use - You agree not to use your Oakdale Credit Union Debit Card for illegal gambling or other illegal purposes. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in the jurisdiction in which you may be located. Web Banking/Mobile Banking - You may access your account on our website at xxx.xxxxxxxxx.xxxx or mobile banking at xxx.xxxxxxxxx.xxxx and use your User Id and Password to: · transfer funds from savings Share, Share Draft to savings • Share, Share Draft · make payments from checking Share, Share Draft to loan accounts with us • Loan (Some payments made by paper check or draft will not be subject to this Electronic Fund Transfers disclosure, as disclosed separately.) · get balance information about certificate of deposit, line of credit or Share, Share Draft, IRA, Christmas Club · get withdrawal history about certificate of deposit, line of credit or Share, Share Draft, IRA, Christmas Club · get deposit history about certificate of deposit, line of credit or Share, Share Draft, IRA, Christmas Club · get transaction history about certificate of deposit, line of credit or Share, Share Draft, IRA, Christmas Club **Some options may not be available through Mobile Banking** Bill Pay - You may access this service by computer at xxx.xxxxxxxxx.xxxx and using your User Id and Password. You may access this service to: · make payments from savings your Share Draft account(s) to loan accounts with us • get Utilities, Loans, Credit Card Payments and other acceptable merchants or third parties (Some payments made by paper check or draft will not be subject to this Electronic Fund Transfers disclosure, as disclosed separately.) Limits and fees - Please refer to our fee disclosure for information about: about fees and limitations that may apply to these electronic fund transfers. ATM Operator/Network Fees - When you use an ATM not owned by us, you may be charged a fee by the account ATM operator or any network used (and you may be charged a fee for a balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see inquiry even if you do not complete a fund transfer). Limitations on frequency of transfers section regarding - In addition to those limitations that on transfers elsewhere described, if any, the following limitations apply to your account(s): During any calendar month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone transfersorder or instruction, or by check, draft, debit card or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.
Appears in 1 contract
Samples: Electronic Services Disclosure and Agreement Your Rights and Responsibilities
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers includetransfers, by and for account owners, include but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or share savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or share savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations Online Bill Pay - Online bill payments will be debited from the “Pay From Account” on frequency of transfers section regarding limitations that apply to savings accountsthe “Draft Date” and will show as an ACH transaction on your account. Direct Touch Banking Audio Response Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) -000-0000 and Toll Free (866) 913- 3733 or 0-000-000-0000 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to checking • transfer funds from checking to share savings • transfer funds from share savings to checking • transfer funds from share savings to share savings • transfer funds from line of credit to checking • transfer funds from line of credit to share savings • make payments from checking to loan accounts with us • make payments from share savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions deposits to checking accounts - the account balance of share savings accounts - the last five transactions deposits to share savings accounts Please also see Limitations - withdrawals from share savings accounts - dividend rates and dividends earned year to date - checks cleared by number ATM Transfers - PLUS or STAR Networks - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM card and personal identification number or Visa® Check Debit Card and personal identification number, to: • get cash withdrawals from checking account(s) with an ATM card - you may withdraw no more than $500.00 per day per card on frequency the account - there is a charge of transfers section regarding limitations $2.00 per withdrawal over four per month • get cash withdrawals from checking account(s) with a debit card - you may withdraw no more than $500.00 per day per card on the account - there is a charge of $2.00 per withdrawal over four per month • get cash withdrawals from share savings account(s) with an ATM card - you may withdraw no more than $500.00 per day per card on the account - there is a charge of $2.00 per withdrawal over four per month • get cash withdrawals from share savings account(s) with a debit card - you may withdraw no more than $500.00 per day per card on the account - there is a charge of $2.00 per withdrawal over four per month • transfer funds from share savings to checking account(s) with an ATM card • transfer funds from share savings to checking account(s) with a debit card • transfer funds from checking to share savings account(s) with an ATM card • transfer funds from checking to share savings account(s) with a debit card • get information about: - the account balance of your checking account(s) • with an ATM card • with a debit card - the account balance of your share savings account(s) • with an ATM card • with a debit card Some of these services may not be available at all terminals. Types of ATM Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person), pay for services (in person), and get cash from a merchant, if the merchant permits, or from a participating financial institution. Types of Visa® Check Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that apply to telephone transfersa participating merchant will accept.
Appears in 1 contract
Samples: www.lionsharecu.org
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your consumer account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits (such as U.S. Treasury (Social Security) or some employers (payroll)) to be accepted into your checking share draft or share savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking share draft or share savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Tellerphone Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking share draft to share savings • transfer funds from share savings to checking share draft • transfer funds from share savings to share savings • transfer funds from line of credit to share draft • make payments from checking share draft to loan accounts with us • make payments from share savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking share draft accounts - the account balance of share savings accounts ATM Transfers - types of transfers and dollar limitations - You may access your account(s) by ATM using your ATM card and personal identification number or VISA® Check Card and personal identification number, to: • make deposits to share draft account(s) • make deposits to share savings account(s) • get cash withdrawals from share draft account(s) - you may withdraw no more than $500.00 per day • get cash withdrawals from share savings account(s) - you may withdraw no more than $500.00 per day • transfer funds from share savings to share draft account(s) • transfer funds from share draft to share savings account(s) • make payments from share draft account(s) with an ATM card to us, only at ATMs we own or operate • get information about: - the account balance of your share draft accounts - the account balance of your share savings accounts Some of these services may not be available at all terminals. Types of ATM Card Point-of-Sale Transactions - You may access your share draft account(s) to purchase goods (in person), pay for services (in person), and get cash from a merchant, if the merchant permits, or from a participating financial institution. Point-of-Sale Transactions - dollar limitations - Using your card: • you may not exceed $500.00 in transactions per day Types of VISA® Check Card Point-of-Sale Transactions - You may access your share draft account(s) to purchase goods (in person or by phone), pay for services (in person or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: • Dollar limitations will be disclosed in writing at card issuance. Currency Conversion and International Transactions. When you use your Visa® Check Card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Visa USA charges us a 1% International Service Assessment on all international transactions regardless of whether there is a currency conversion. We pass this international transaction fee on to you. An international transaction is a transaction where the country of the merchant is outside the USA. Non-Visa Debit Transaction Processing. We have enabled non-Visa debit transaction processing. This means you may use your Visa-branded debit card on a PIN-Debit Network* (a non-Visa network) without using a PIN. The provisions of your agreement with us relating only to Visa transactions are not applicable to non-Visa transactions. For example, the additional limits on liability (sometimes referred to as Visa's zero-liability program) and the streamlined error resolution procedures offered on Visa debit card transactions are not applicable to transactions processed on a PIN-Debit Network. *Visa Rules generally define PIN-Debit Network as a non-Visa debit network that typically authenticates transactions by use of a personal identification number (PIN) but that is not generally known for having a card program. Prohibition of Online Gambling Transactions. You may not use your credit/debit card to purchase any form of gambling services over the Internet. Gambling services include, but are not limited to, betting, lotteries, casino-style games, funding of an account established by a merchant on behalf of a cardholder for gambling services. The funding of an account is classified as an online gambling transaction if that account can be used to purchase Internet gambling services. The determination of what is prohibited as Internet gambling is in the credit union’s sole discretion. Any attempt to use your card to purchase Internet gambling will constitute default under this Agreement, giving the credit union the rights set forth herein. Visa Account Updater Notice of Right to Opt Out. Your Visa Debit Card will be automatically enrolled in the free Visa® Account Updater (VAU) service. With VAU, your account files will be updated when information changes because of a product upgrade, card expiration, loss or theft, account closure or other changes. A participating merchant can access that updated card information before requesting a payment. Since not all merchants participate, you should also contact the merchants directly if your card information changes. You are entitled to opt out of this service. You may opt out at any time. If you want to opt out, phone us at 000-000-0000, or email us at xxxxxxxxxxxx@xxxxxxxxxx.xxx. You must include your name and last four digits of your card number. If you opt out, you may opt back in if you decide you want the Visa Account Updater service in the future. You may opt in the same way(s) that you can opt out. Home Banking Computer Transfers - types of transfers and charges - You may access your account(s) by computer at xxx.xxxxxxxxxx.xxx and using your personal identification number, user name, and your account numbers, to: • transfer funds from share draft to share savings • transfer funds from share savings to share draft • transfer funds from share savings to share savings • transfer funds from line of credit to share draft • transfer funds from line of credit to share savings • make payments from share draft to loan account(s) with us • make payments from share draft to third parties with Xxxx Xxx - Bill Pay non usage fee (after 60 days) $10.00 - account to account transfers (A2A) - outgoing $2.00 - Bill Pay stop payment fee $25.00 - Bill Pay check copy fee $10.00 - Bill Pay NSF return item fee $25.00 • make payments from share savings to loan account(s) with us • send money to another individual’s account with XxxXxxxx - PopMoney send/request standard fee .............................................................................................................................................................................................................$.60 - PopMoney send next-day fee $1.25 - PopMoney stop payment fee $25.00 - PopMoney NSF fee $25.00 • get information about: - the account balance of share draft account(s) - previous deposits to share draft accounts - previous withdrawals from share draft accounts - the account balance of share savings account(s) - previous deposits to share savings accounts - the last five transactions to previous withdrawals from share savings accounts Please also see Limitations on frequency Mobile Banking Transfers - types of transfers section regarding limitations that apply - You may access your account(s) through your mobile device by downloading our mobile banking app and using your user name, your password, and your account numbers, to: • transfer funds from share draft to telephone share savings • transfer funds from share savings to share draft • transfer funds from share savings to share savings • transfer funds from line of credit to share draft • transfer funds from line of credit to share savings • make payments from share draft to loan account(s) with us • make payments from share draft to third parties with Xxxx Xxx - Bill Pay non usage fee (after 60 days) $10.00 - account to account transfers (A2A) - outgoing $2.00 - Bill Pay stop payment fee $25.00 - Bill Pay check copy fee $10.00 - Bill Pay NSF return item fee $25.00 • make payments from share savings to loan account(s) with us • send money to another individual’s account with XxxXxxxx - PopMoney send/request standard fee .............................................................................................................................................................................................................$.60 - PopMoney send next-day fee $1.25 - PopMoney stop payment fee $25.00 - PopMoney NSF fee $25.00 • get information about: - the account balance of share draft account(s) - previous deposits to share draft accounts - previous withdrawals from share draft accounts - the account balance of share savings account(s) - previous deposits to share savings accounts - previous withdrawals from share savings accounts You may be charged access fees by your cell phone provider based on your individual plan. Web access is needed to use this service. Check with your cell phone provider for details on specific fees and charges. FEES • We do not charge for direct deposits to any type of account. • We do not charge for preauthorized payments from any type of account. • We will charge $1.00 per transaction made at ATMs we do not own or operate. • We will charge you $4.95 for any electronic payments paid via debit card from another financial institution. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: www.homelandcu.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers includetransfers, by and for account owners, include but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or share savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or share savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations Online Xxxx Pay - Online xxxx payments will be debited from the “Pay From Account” on frequency of transfers section regarding limitations that apply to savings accountsthe “Draft Date” and will show as an ACH transaction on your account. Direct Touch Banking Audio Response Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000704-0000 and Toll Free (866) 913- 3733 636-0643 or 1-800-889-2393 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to checking • transfer funds from checking to share savings • transfer funds from share savings to checking • transfer funds from share savings to share savings • transfer funds from line of credit to checking • transfer funds from line of credit to share savings • make payments from checking to loan accounts with us • make payments from share savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions deposits to checking accounts - the account balance of share savings accounts - the last five transactions deposits to share savings accounts Please also see Limitations - withdrawals from share savings accounts - dividend rates and dividends earned year to date - checks cleared by number ATM Transfers - PLUS or STAR Networks - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM card and personal identification number or Visa® Check Debit Card and personal identification number, to: • get cash withdrawals from checking account(s) with an ATM card - you may withdraw no more than $500.00 per day per card on frequency the account - there is a charge of transfers section regarding limitations $2.00 per withdrawal over four per month • get cash withdrawals from checking account(s) with a debit card - you may withdraw no more than $500.00 per day per card on the account - there is a charge of $2.00 per withdrawal over four per month • get cash withdrawals from share savings account(s) with an ATM card - you may withdraw no more than $500.00 per day per card on the account - there is a charge of $2.00 per withdrawal over four per month • get cash withdrawals from share savings account(s) with a debit card - you may withdraw no more than $500.00 per day per card on the account - there is a charge of $2.00 per withdrawal over four per month • transfer funds from share savings to checking account(s) with an ATM card • transfer funds from share savings to checking account(s) with a debit card • transfer funds from checking to share savings account(s) with an ATM card • transfer funds from checking to share savings account(s) with a debit card • get information about: - the account balance of your checking account(s) • with an ATM card • with a debit card - the account balance of your share savings account(s) • with an ATM card • with a debit card Some of these services may not be available at all terminals. Types of ATM Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person), pay for services (in person), and get cash from a merchant, if the merchant permits, or from a participating financial institution. Types of Visa® Check Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that apply to telephone transfersa participating merchant will accept.
Appears in 1 contract
Samples: Terms and Conditions of Your
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866000) 913- 3733 000-0000 using your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also ATM Transfers - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your Visa® Debit Card and personal identification number or Sunny ATM Card and personal identification number, to: • make deposits to checking account(s) with an ATM card • make deposits to checking account(s) with a debit card • make deposits to savings account(s) with an ATM card • make deposits to savings account(s) with a debit card • get cash withdrawals from checking account(s) with an ATM card • get cash withdrawals from checking account(s) with debit card - you may withdraw no more than $500.00 per day - see Limitations separate fee schedule for fees and charges • get cash withdrawals from savings account(s) with an ATM card • get cash withdrawals from savings account(s) with debit card - you may withdraw no more than $500.00 per day - see separate fee schedule for fees and charges • transfer funds from savings to checking account(s) with an ATM card • transfer funds from savings to checking account(s) with a debit card • transfer funds from checking to savings account(s) with an ATM card • transfer funds from checking to savings account(s) with a debit card • get information about: - the account balance of your checking account(s) • with an ATM card • with a debit card • see separate fee schedule for fees and charges - the account balance of your savings accounts • with an ATM card • with a debit card • see separate fee schedule for fees and charges Some of these services may not be available at all terminals. For security reasons, there are other limits on frequency the number of transfers section regarding you can make by ATM. Types of Visa® Debit Card Point-of-Sale Transactions - You may access your checking or savings account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: • you may not exceed $5,000.00 in transactions per day (cash withdrawals) Currency Conversion and International Transactions. When you use your Visa® Debit Card at a merchant that apply settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to telephone transfersdetermine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Visa USA charges us a 1% International Service Assessment on all international transactions regardless of whether there is a currency conversion. We pass this international transaction fee on to you. An international transaction is a transaction where the issuer of the card used is not located in the transaction country. This means an international transaction can occur even though the transaction is made when you are not in a foreign country. For example, a transaction made online with a foreign merchant is an international transaction even though made while you are physically in the United States. Advisory Against Illegal Use. You agree not to use your card(s) for illegal gambling or other illegal purpose. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. Non-Visa Debit Transaction Processing. We have enabled non-Visa debit transaction processing. This means you may use your Visa-branded debit card on a PIN-Debit Network* (a non-Visa network) without using a PIN. The provisions of your agreement with us relating only to Visa transactions are not applicable to non-Visa transactions. For example, the additional limits on liability (sometimes referred to as Visa’s zero-liability program) and the streamlined error resolution procedures offered on Visa debit card transactions are not applicable to transactions processed on a PIN-Debit Network. *Visa Rules generally define PIN-Debit Network as a non-Visa debit network that typically authenticates transactions by use of a personal identification number (PIN) but that is not generally known for having a card program. Online Banking Computer Transfers - types of transfers and dollar limitations - You may access your account(s) by computer through the internet by logging onto our website at xxx.xxxxxxxxxx.xxx and using user ID and password, to: • transfer funds from checking to checking - you may transfer no more than your available balance • transfer funds from checking to savings - you may transfer no more than your available balance • transfer funds from savings to checking - you may transfer no more than your available balance • transfer funds from savings to savings - you may transfer no more than your available balance • transfer funds from line of credit to checking • transfer funds from line of credit to savings • make payments from checking to loan account(s) with us • make payments from checking to third parties (Online Payment) • make payments from savings to loan account(s) with us • make payments from savings to third parties (Online Payment) • get information about: - the account balance of checking account(s) - the account balance of savings account(s) - account history • view online check images EXPEDITED PAYMENT SERVICE (Online Payment) Description of Service: Expedited Payment Services are made available via MIDFLORIDA Bill Pay. The available services shall include: • make electronic payments from a checking account • make paper check (“direct check” disbursement process) payments from a checking account We shall make available via the MIDFLORIDA Bill Pay any of the Expedited Payment services so requested by you, and where the capability exists to provide a payment that is faster than would otherwise be available based on standard bill payment capabilities as configured by us. All Expedited Payment Service payments will be initiated in an expedited manner. You will receive an explicit delivery expectation for every payment. For electronic transactions, delivery time may be same-day, next-day or later depending upon the time of day, the payee capabilities, and other factors. For Expedited Payment Service overnight checks, payments initiated prior to the daily cutoff time will be delivered by the next business day.
Appears in 1 contract
Samples: Overdraft Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (0-000) -000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, your account number(s), and Base account your social security number, to: • transfer funds from checking to checking or savings • transfer funds from savings (excluding passbook savings) to checking • transfer funds from savings to or savings • make payments from checking to loan accounts with us • make payments from or savings (excluding passbook savings) to loan accounts with us • get information about: - the account balance of checking or savings accounts Your Option to Limit Cash Withdrawals - In addition to dollar amount limitations for withdrawals using your ATM or MasterMoney™ Debit Card that we may establish, you have the last five transactions option to limit the amount of cash that can be withdrawn by your ATM or MasterMoney™ Debit Card to $50 per day or some other amount acceptable to us. ATM Transfers - CIRRUS and NYCE Networks - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM or MasterMoney™ Debit Card and personal identification number, to: • transfer funds from checking to checking accounts or savings • transfer funds from savings (excluding passbook savings) to checking or savings • make deposits to checking or savings account(s) at an ATM we own or operate • get cash withdrawals from checking or savings account(s) (excluding passbook savings) - you may withdraw no more than $500 per day - Fees: For related charges that may apply, refer to our Fee Schedule Some of these services may not be available at all terminals. Types of MasterMoney™ Debit Card Point-of-Sale Transactions - You may access your checking account to purchase goods (in person or by phone), pay for services (in person or by phone), get cash from a merchant, if the account balance of savings accounts merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - the last five dollar limitations - Using your card: • you may not exceed $1,000 in transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfersper day.
Appears in 1 contract
Samples: banknovo.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking TAP System Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 or 0-000-000-0000 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking account(s) - the account balance of savings account(s) ATM Transfers - types of transfers and dollar limitations - You may access your account(s) by ATM using your ATM/debit card and personal identification number (PIN), to: • get cash withdrawals from checking account(s) with an ATM/debit card - you may withdraw no more than $500.00 per day • get cash withdrawals from savings account(s) with an ATM/debit card - you may withdraw no more than $500.00 per day • transfer funds from savings to checking account(s) with an ATM/debit card • transfer funds from checking to savings account(s) with an ATM/debit card • get information about: - the account balance of your checking account(s) • with an ATM/debit card - the account balance of your savings account(s) • with an ATM/debit card Some of these services may not be available at all terminals. Types of Debit Card Transactions - You may access your Checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Currency Conversion and Cross-Border Transaction Fees. If you effect a transaction with your Debit Card in a currency other than US Dollars, Mastercard® will convert the charge into a US Dollar amount. The Mastercard currency conversion procedure includes use of either a government-mandated exchange rate, or a wholesale exchange rate selected by Mastercard. The exchange rate Mastercard uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of purchase or the date the transaction was posted to your account. Mastercard charges us a Currency Conversion Assessment of 20 basis points (.2% of the transaction) for performing the currency conversion. In addition, Mastercard charges us an Issuer Cross-Border Assessment of 90 basis points (.9% of the transaction) on all cross-border transactions regardless of whether there is a currency conversion. As a result, we charge you a Currency Conversion fee of .2% and a Cross-Border Transaction fee of .9%. The Cross-Border Transaction fee is charged on all cross-border transactions regardless of whether there is a currency conversion. A cross-border transaction is a transaction processed through the Global Clearing Management System or the Mastercard Debit Switch in which the country of the merchant is different than the country of the cardholder. Advisory Against Illegal Use. You agree not to use your card(s) for illegal gambling or other illegal purpose. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. Home Branch Computer Transfers - types of transfers - You may access your account(s) by computer at xxx.x0xxx.xxx and using your personal identification number and your account numbers, to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from checking to third parties with Bill Pay • make payments from savings to loan accounts with us • make payments from savings to third parties with Bill Pay • get information about: - the account balance of checking accounts - the last five 90 days or 300 transactions deposits to checking accounts - the last 90 days or 300 transactions withdrawals from checking accounts - the account balance of savings accounts - the last five 90 days or 300 transactions deposits to savings accounts Please also see Limitations on frequency - the last 90 days or 300 transactions withdrawals from savings accounts FEES • We do not charge for direct deposits to any type of transfers section regarding limitations that apply to telephone account. • We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: www.p1fcu.org
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfers.
Appears in 1 contract
Samples: woodsfieldsavings.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s 's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments payment network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a pre-printed deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • □ Preauthorized credits. You may make arrangements for certain direct deposits deposits, such as Social Security or payroll, to be accepted into your checking or savings account(s). • □ Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • □ Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • □ Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations Types and limitations on frequency of transfers section regarding ATM Transfers - You may access your account(s) by ATM, to: □ make deposits to checking or savings account(s) □ get cash withdrawals from checking or savings account(s) □ transfer funds from savings to checking account(s) □ transfer funds from checking to savings account(s) Types and limitations on Debit Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Some services may not be available at all terminals. For security reasons, daily limits apply to savings accountsATM withdrawals and point-of-sale transactions. Direct Touch Banking Telephone Transfers - In the event of security breach, fraud attempt, or other emergency, we may reduce, or suspend your ATM or debit card limit without prior notice. We may impose other limits on your debit card usage or on other types of electronic fund transfers in the future to protect your account from fraud. Types of Park Bank At Your Service 24/7 Transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 608.283.6868 using your personal identification numberthe PIN established at account opening, a touch tone phone, and Base your account numbernumbers, to: • □ transfer funds from checking to checking or savings • □ transfer funds from savings to checking • or savings □ transfer funds from line of credit to checking or savings □ make payment from checking or savings to a loan Types of Online Banking Computer Transfers/Mobile Banking Transfers - You may access your account(s) by logging onto our website, through the browser on a supported mobile device or using the app on a supported mobile device to: □ transfer funds from checking to checking, savings, or loan account(s) □ transfer funds from savings to checking, savings, or loan account(s) □ transfer funds from line of credit to checking or savings • □ deposit checks into a checking or savings account with a supported mobile device Types of Bill Pay Transfers - You may access your account(s) by logging onto our website, through the browser on a supported mobile device or using the app on a supported mobile device to: □ Use Bill Pay online to add payees and make payments to individuals or companies to whom you want to send one-time or recurring payments from your checking account. □ Using Bill Pay online will also allow you to: □ transfer funds externally to loan accounts with us • and from an account you have at other financial institution(s) using the account and routing number (Account-to-account or A2A transfers). □ transfer funds externally to a person using either their mobile phone number, email address or their account and routing number (Person-to-person or P2P payments). □ Use Bill Pay to make payments to individuals or companies to whom you want to send one-time or recurring payments from savings your checking account with a supported mobile device once payees have been established. For security reasons, daily or monthly limitations may apply to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions Telephone, Electronic Banking, and Bill Pay transactions. In addition, you may only add a new payee to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Bill Pay within Online Banking. This feature is not currently available through Bill Pay on our mobile app. Limitations on frequency of transfers section regarding limitations that apply transfers. □ Transfers from a money market account to telephone transfersanother account or to third parties by preauthorized, automatic, telephone, online or mobile transfer or by check, draft, or similar order to third parties are limited to six (6) per statement cycle. □ Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, online or mobile transfer are limited to six (6) per statement cycle. FEES ATM & Debit Card Fees: □ Park Bank will not charge you to use a Park Bank debit card at an ATM. □ DEBIT CARD RUSH ORDERS: Same Day Production with Overnight Delivery - $116. All rush requests must be submitted by noon central time. You may also opt for an instant issue debit card in a branch at no extra charge. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). Currency Conversion and Cross-Border Transaction Fees. If you conduct a transaction with your debit card in a currency other than U.S. Dollars, Visa® will convert the charge into a U.S. Dollar amount. The Visa® currency conversion procedure includes use of either a government-mandated exchange rate, or a wholesale exchange rate selected by Visa®. The exchange rate Visa® uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of purchase or the date the transaction was posted to your account. In addition, you will be charged a Visa® Foreign Transaction Fee of 1.00% of the transaction amount for each transaction billed from a foreign country. This fee will appear as a separate transaction on your statement with the description "VISA Foreign Transaction Fee." Online Banking/Mobile Banking Fees and Charges. There are no fees imposed by Park Bank for the use of online or mobile banking. Bill Payment Fees and Charges. □ There are no fees imposed by Park Bank for the use of standard Bill Payment services. □ Same Day Bill Payment: $9.95 □ Overnight Check Payment: $14.95 Wireless Carrier Fees. Your wireless carrier may assess message fees, data rates, and other charges when you use your mobile phone. Please refer to your contract with your wireless provider for information about these fees. Other Fees: □ There is no processing charge for direct deposits or pre-authorized payments. □ External Transfers should be conducted through the use of Bill Payment. If you opt to have Park Bank establish an External Transfer for you, an External Transfer Fee of $10.00 per transfer will apply.
Appears in 1 contract
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) -000-0000 and Toll Free (866) 913- 3733 or 000-000-0000 using your personal identification number, a touch tone phone, and Base your account numbernumber(s), to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking and savings account(s) - deposits to and withdrawals from checking and savings account(s) ATM Transfers - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM Card and personal identification number or Debit Card and personal identification number, to: • make deposits to checking account(s) with an ATM card at ATMs we own or operate • make deposits to checking account(s) with a debit card at ATMs we own or operate • make deposits to savings account(s) with an ATM card at ATMs we own or operate • make deposits to savings account(s) with a debit card at ATMs we own or operate • get cash withdrawals from checking account(s) with an ATM card - you may withdraw no more than $600.00 per day - there is a charge of $3.50 per transaction at ATMs we do not own or operate • get cash withdrawals from checking account(s) with a debit card - you may withdraw no more than $600.00 per day - there is a charge of $3.50 per transaction at ATMs we do not own or operate • get cash withdrawals from savings account(s) with an ATM card - you may withdraw no more than $600.00 per day • get cash withdrawals from savings account(s) with a debit card - you may withdraw no more than $600.00 per day • transfer funds from savings to checking account(s) with an ATM card • transfer funds from savings to checking account(s) with a debit card • transfer funds from checking to savings account(s) with an ATM card • transfer funds from checking to savings account(s) with a debit card • get information about: - the account balance of your checking account(s) • with an ATM card • with a debit card - the account balance of your savings account(s) • with an ATM card • with a debit card Some of these services may not be available at all terminals. Types of ATM Card Point-of-Sale Transactions - You may access your checking or savings account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: • you may not exceed $2,000.00 in transactions per day Currency Conversion and Cross-Border Transaction Fees. If you effect a transaction with your Debit Card in a currency other than US Dollars, Mastercard® will convert the charge into a US Dollar amount. The Mastercard currency conversion procedure includes use of either a government-mandated exchange rate, or a wholesale exchange rate selected by Mastercard. The exchange rate Mastercard uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of purchase or the date the transaction was posted to your account. Mastercard charges us a Currency Conversion Assessment of 20 basis points (.2% of the transaction) for performing the currency conversion. In addition, Mastercard charges us an Issuer Cross-Border Assessment of 90 basis points (.9% of the transaction) on all cross-border transactions regardless of whether there is a currency conversion. As a result, we charge you a Currency Conversion fee of .2% and a Cross-Border Transaction fee of .9%. The Cross-Border Transaction fee is charged on all cross-border transactions regardless of whether there is a currency conversion. A cross-border transaction is a transaction processed through the Global Clearing Management System or the Mastercard Debit Switch in which the country of the merchant is different than the country of the cardholder. Computer Transfers - types of transfers - You may access your account(s) by computer through the internet by logging onto our website at xxx.xxx.xxx and using your user identification, your password, and your multifactor authentication, to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • transfer funds from eligible home equity line of credit to checking • transfer funds from eligible home equity line of credit to savings • make payments from checking to loan account(s) with us • make payments from checking to third parties (Bill Pay) • make payments from savings to loan account(s) with us • get information about: - the account balance of checking account(s) - the last 18 months of deposits to checking accounts - the last five transactions to 18 months of withdrawals from checking accounts - the account balance of savings account(s) - the last 18 months of deposits to savings accounts - the last five transactions 18 months of withdrawals from savings accounts - last 13 months of statements Mobile Banking Transfers* - types of transfers - You may access your account(s) through the App or Browser Link and using your password; you must first enroll through Online Banking and have a mobile device that can receive SMS messages through a short code, to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • transfer funds from Eligible accounts line of credit to checking • transfer funds from Eligible accounts line of credit to savings • make payments from checking to loan account(s) with us • make payments from savings to loan account(s) with us • get information about: - the account balance of checking account(s) - the last several deposits to checking accounts - the last several withdrawals from checking accounts - the account balance of savings account(s) - the last several deposits to savings accounts Please also see Limitations - the last several withdrawals from savings accounts Health Savings Accounts (HSA). We permit some electronic fund transfers to and/or from your HSA. The electronic fund transfers we permit are offered for the convenience of managing your HSA. However, electronically moving funds to or from your HSA – for example, depositing more than the allowable amount, or getting additional cash back on frequency an HSA debit card transaction – can raise a variety of transfers section regarding limitations tax concerns. As a result, before electronically accessing any account you may have with us, it is a good practice to make sure you are using the correct access device (such as a card) or accessing the appropriate account for the transaction. Also, it is your responsibility to ensure the contributions, distributions, and other actions related to your HSA, comply with the law, including federal tax law. As always, we recommend consulting a legal or tax professional if you have any questions about managing your HSA. The terms of this disclosure are intended to work in conjunction with the HSA Agreement provided to you earlier. In the event of a conflict, the terms of the HSA Agreement control. You understand that apply your HSA is intended to telephone be used for payment of qualified medical expenses. It is your responsibility to satisfy any tax liability resulting from use of your HSA for any purpose other than payment or reimbursement of qualified medical expenses. We do not monitor the purpose of any transaction to or from your HSA. Nor are we responsible for ensuring your eligibility for making contributions or ensuring withdrawals are used for payment or reimbursement of qualified medical expenses. Refer to your HSA Agreement for more information relating to the use of your HSA. FEES • We do not charge for direct deposits to any type of account. • We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. *You may be charged access fees by your cell phone provider based on your individual plan. Web access is needed to use this service. Check with your cell phone provider for details on specific fees and charges. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: www.syb.com
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples Example of these transfers include, but are not limited to: • · Preauthorized credits. You may make arrangements for certain direct deposits (such as U.S. Treasury (Social Security) or some employers (payroll) to be accepted into your checking share draft or share savings account(s). • · Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking share draft or share savings account(s). • · Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • · Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking My 24-Hour Teller Telephone Transfers - – types of transfers - – You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free or (866000) 913- 3733 000-0000 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • · transfer funds from checking share draft to share draft or share savings • · transfer funds from share savings to checking • transfer funds from share draft or share savings to savings • · make payments from checking to loan accounts with us • make payments from share draft or share savings to loan accounts with us • · get information about: - o the account balance of checking share draft or share savings accounts - o the last five transactions deposits to checking share draft or share savings accounts - o the last five withdrawals from share draft or share savings accounts o get information about the account balance of your share savings accounts - with an ATM card Some of these services may not be available at all terminals. ATM/Debit Card Transfers – types of transfers and dollar limitations – You may access your account(s) by ATM using your ATM/debit card and personal identification number to: · get cash withdrawals from share draft or share savings account(s) with an ATM card o you may withdraw no more than up to $500 per day in combination with point-of-sale transactions. Limits are set by the last five credit union based on members account balances-daily or average, credit history, and activity on the account, including any negative balances or losses (fraud or otherwise). Ranges are $0 up to $500.00 (max) account balance of your share draft accounts with an ATM card Types of Point-of-Sale Transactions – You may access your share draft account(s) to purchase goods (in person), pay for services (in person), and get cash from a merchant, if the merchant permits, or from a participating financial institution. Sale Transactions – dollar limitations – Using your debit card you may not exceed a set limit in transactions per day in combination with ATM withdrawals. Limits are set by the credit union based on members account balances-daily or average, credit history, and activity on the account, including any negative balances or losses (fraud or otherwise). Ranges are $0 up to $2500.00 (max) · Currency Conversion. When you use your debit card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Advisory Against Illegal Use. You agree not to use your card(s) for illegal gambling or other illegal purpose. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. P/C Access Computer Transfers – types of transfers – You may access your account(s) by computer through the internet by logging onto our website at xxx.xxxxxx.xxx and using your account numbers and your password, to: · transfer funds from share draft to share draft or share savings · transfer funds from share savings to share savings or share savings · make payments from share draft or share savings to loan account(s) with us · get information about: o the account balance of share draft or share savings account(s) o deposits to share draft or share savings account o withdrawals from share draft or share savings accounts FEES · We do not charge for direct deposits to any type of account. · We do not charge for preauthorized payments from any type of account. · Please also refer to our separate fee schedule for additional information about fees. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). see Limitations on frequency fee schedule DOCUMENTATION · Terminal transfers. You can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines or point-of-sale terminals. · Preauthorized credits. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us at (000) 000-0000 to find out whether or not the deposit has been made. · Periodic Statements. o You will get a monthly statement from us for your share draft accounts. o You will get a monthly account statement from us for your share savings accounts, unless there are no transfers section regarding limitations that apply to telephone transfersin a particular month. In any case, you will get a statement at least quarterly.
Appears in 1 contract
Samples: Terms and Conditions of Your
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits (such as U.S. Treasury (Social Security) or some employers (payroll)) to be accepted into your checking or savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking checking, savings, or savings money market account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on ATM Transfers - types of transfers, frequency of transfers section regarding limitations that apply and dollar limitations, and charges - You may access your account(s) by ATM using your ATM card and personal identification number or VISA Debit Card and personal identification, to: • make deposits to checking account(s) • make deposits to savings accountsaccount(s) • get cash withdrawals from checking account(s) - you may withdraw no more than $805.00 per day with an ATM Card in combination with POS transactions • get cash withdrawals from savings account(s) with an ATM card - you may withdraw no more than $805.00 per day with an ATM Card in combination with POS transactions • get cash withdrawals from checking and savings account(s) with a debit card - you may withdraw no more than $805.00 per day • transfer funds from savings to checking account(s) • transfer funds from checking to savings account(s) • get information about: - the account balance of your checking account(s) - the account balance of your savings account(s) Some of these services may not be available at all terminals. Direct Touch Types of ATM Card Point-of-Sale Transactions - You may access your checking or savings account(s) to purchase goods (in person), pay for services (in person), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - frequency and dollar limitations - Using your card: • you may not exceed $805.00 in combination of ATM and POS transactions per day Types of VISA Debit Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: • you may not exceed $2,500.00 in POS transactions per day Please see your Check Card Agreement & Disclosure Statement for additional information relating to the use of your Debit Card. Online Banking Telephone Computer Transfers - types of transfers - You may access your account account(s) by telephone 24 hours a day computer through the internet by logging onto our website at (000) 000-0000 xxx.xxx000xxx.xxx and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, user name and Base account numberpassword, to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts account(s) with us • make payments from checking to third parties (Electronic Bill Payment) • make payments from savings to loan accounts account(s) with us • get information about: - the account balance of checking accounts - the last five transactions to checking accounts account(s) - the account balance of savings accounts account(s) - loan account balances Mobile Banking Transfers - types of transfers - You may access your account(s) through our Mobile App which can be downloaded from the Mobile App store associated with your mobile device and using your user name and password, to: • transfer funds from checking to checking • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan account(s) with us • make payments from checking to third parties (Electronic Bill Payment) • make payments from savings to loan account(s) with us • get information about: - the last five transactions account balance of checking account(s) - the account balance of savings account(s) - loan account balances FEES • We do not charge for direct deposits to savings accounts Please also see Limitations on frequency any type of transfers section regarding limitations that apply to telephone account. • We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: Account Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s 's account. These transfers to make or receive payment may be one-time onetime occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third third- party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or passbook and statement savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations POSTING OF TRANSFERS - Immediate transfers typically occur instantly once the "Confirm" button is selected. The transaction cannot be cancelled or stopped. Future Dated and Recurring transfers may be edited from the Scheduled Transfers list prior to midnight on frequency the day before the scheduled transfer date. Transfers of funds are processed against available funds which may include any overdraft methods that you have selected to cover your account. Internal transfers can be Immediate or scheduled as future dated or recurring. External Transfers must be Future dated. You may transfer funds to and from accounts you have access to at other financial institutions using this service. Transfers can be scheduled for a future date or on a recurring basis. All future dated and past transfers are viewable from within the Transfer Activity section regarding limitations of the service. Once validated, transfers established prior to 3:00 p.m. on a business day will be processed on the next business day. You agree that apply this external transfer service is for consumer purposes only between your account(s) at Reading Cooperative Bank and your account(s) at another financial institution. This feature is not available to registered Business customers. When you request an external transfer using this service, you authorize us to follow the transfer instructions and transfer the funds from the designated account. We may refuse to act on your external transfer instruction if there are insufficient funds available in your account or under any linked overdraft protection from savings or overdraft line of credit. External Funds transfers will be deemed deposited on the transaction date and will be held for 2 business days. Stopping or Changing Transfers - If you want to stop or change transfers you have instructed us to make, you must notify us before we have started processing the transaction. This applies to both individual transactions as well as preauthorized recurring transactions. You must access the appropriate function in our Online Banking service no later than the day before the business day the transfer is scheduled to be made, and either delete it or make the change. If a transfer has been made for which funds are not available and the Bank is unable to recover the amount of the payment by charging your account(s), you agree to repay the funds owed immediately upon demand. Future Dated and Recurring transfers may be edited from the Scheduled Transfers list prior to midnight on the day before the scheduled transfer date. Transfers of funds are processed against available funds which may include any overdraft methods that you have selected to cover your account. Internal transfers can be Immediate or scheduled as future dated or recurring. External Transfers must be Future dated. You may transfer funds to and from and from accounts you have access to at other financial institutions using this service. Transfers can be scheduled for a future date or on a recurring basis. All future dated and past transfers are viewable from within the Transfer Activity section of the service. Once validated, transfers established prior to 3:00 p.m. on a business day will be processed on the next business day. You agree that this external transfer service is for consumer purposes only between your account(s) at Reading Cooperative Bank and your account(s) at another financial institution. This feature is not available to registered Business customers. When you request an external transfer using this service, you authorize us to follow the transfer instructions and transfer the funds from the designated account. We may refuse to act on your external transfer instruction if there are insufficient funds available in your account or under any linked overdraft protection from savings or overdraft line of credit. External Funds transfers will be deemed deposited on the transaction date and will be available thereafter in accordance with our Funds Availability Policy. Check deposit - You may make check deposits to your checking or savings account using the Reading Cooperative Bank mobile app installed on your smart phone. Fees - We do not charge for direct deposits to any type of account. We do not charge for preauthorized payments from any type of account. Except as indicated elsewhere, we do not charge for these electronic fund transfers. DOCUMENTATION - Periodic statements: You will get a monthly account statement from us for your checking and statement savings accounts. Direct Touch Banking Telephone Transfers - types of For passbook accounts, if the only electronic transfers - to your account are preauthorized credits, we may not send periodic statements. You may access bring your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phonepassbook to us, and Base account number, to: • transfer funds from checking to savings • transfer funds from savings to checking • transfer funds from savings to savings • make payments from checking to loan accounts with us • make payments from savings to loan accounts with us • get information about: - the account balance of checking accounts - we will record any electronic deposits that were made since the last five transactions time you brought in your passbook. If there are preauthorized debits to checking accounts your passbook account, we will send a periodic statement for any month in which a preauthorized debit occurs. PREAUTHORIZED PAYMENTS - Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: Call or write us at the account balance telephone number or address listed in this agreement and disclosure in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. Please refer to our separate Personal Fee Disclosure for the amount we will charge you for each stop-payment order you give. • Notice of savings accounts - varying amounts. If these regular payments may vary in amount, the last five transactions person you are going to savings accounts Please also see Limitations on frequency pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) • Liability for failure to stop payment of transfers section regarding limitations that apply preauthorized transfer. If you order us to telephone transfersstop one of these payments 3 business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.
Appears in 1 contract
Samples: Mobile Banking Agreement
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or share savings account(s). • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or share savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency of transfers section regarding limitations that apply to savings accounts. Direct Touch Banking Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at (000) -000-0000 and Toll Free (866) 913- 3733 or 000-000-0000 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to share savings • transfer funds from share savings to checking • transfer funds from share savings to share savings • make payments from checking to loan accounts with us • make payments from share savings to loan accounts with us • get information about: - the account balance of checking accounts - the last five current statement cycles transactions (not to checking accounts exceed 30) - the account balance of share savings accounts - the last five current statement cycles transactions (not to exceed 30) ATM Transfers - types of transfers and dollar limitations - You may access your account(s) by ATM using your Bridge or HSA Debit Card and personal identification number, to: • make deposits to checking or share savings account(s) with a debit card • get cash withdrawals from checking or share savings account(s) with a debit card - you may withdraw no more than $500.00 per business day in combination with point-of-sale transactions • transfer funds from share savings to checking account(s) with a debit card • transfer funds from checking to share savings account(s) with a debit card • get information about: - the account balance of your checking account(s) - the account balance of your share savings accounts Please also see Limitations Some of these services may not be available at all terminals. Types of Bridge or HSA Debit Card Point-of-Sale Transactions - You may access your checking or HSA account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Point-of-Sale Transactions - dollar limitations - Using your card: • you may not exceed $1,500.00 in transactions per day Currency Conversion. If you effect a transaction with your Bridge or HSA Debit Card in a currency other than US Dollars, Mastercard® will convert the charge into a US Dollar amount. The Mastercard currency conversion procedure includes use of either a government-mandated exchange rate, or a wholesale exchange rate selected by Mastercard. The exchange rate Mastercard uses will be a rate in effect on frequency the day the transaction is processed. This rate may differ from the rate in effect on the date of purchase or the date the transaction was posted to your account. Advisory Against Illegal Use. You agree not to use your card(s) for illegal gambling or other illegal purpose. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in all jurisdictions in which the cardholder may be located. Health Savings Accounts (HSA). We permit some electronic fund transfers to and/or from your HSA. The electronic fund transfers we permit are offered for the convenience of managing your HSA. However, electronically moving funds to or from your HSA – for example, depositing more than the allowable amount, or getting additional cash back on an HSA debit card transaction – can raise a variety of tax concerns. As a result, before electronically accessing any account you may have with us, it is a good practice to make sure you are using the correct access device (such as a card) or accessing the appropriate account for the transaction. Also, it is your responsibility to ensure the contributions, distributions, and other actions related to your HSA, comply with the law, including federal tax law. As always, we recommend consulting a legal or tax professional if you have any questions about managing your HSA. The terms of this disclosure are intended to work in conjunction with the HSA Agreement provided to you earlier. In the event of a conflict, the terms of the HSA Agreement control. You understand that your HSA is intended to be used for payment of qualified medical expenses. It is your responsibility to satisfy any tax liability resulting from use of your HSA for any purpose other than payment or reimbursement of qualified medical expenses. We do not monitor the purpose of any transaction to or from your HSA. Nor are we responsible for ensuring your eligibility for making contributions or ensuring withdrawals are used for payment or reimbursement of qualified medical expenses. Refer to your HSA Agreement for more information relating to the use of your HSA. Online Computer Transfers - types of transfers section regarding limitations that apply - You may access your account(s) by computer through the internet by logging onto our website at xxx.xxxxxxxx.xxx and using your password, user name or multifactor authentication, to: • make deposits (if qualified) • transfer funds from checking to telephone share savings • transfer funds from share savings to checking • transfer funds to another member number’s account preauthorized with us • make payments from checking to loan account(s) with us • make payments from share savings to loan account(s) with us • make Bill Pay payments from checking accounts to third parties • get information about: - the account balance of checking account(s) - the account balance of share savings account(s) Mobile Banking Transfers - types of transfers - You may access your account(s) through the browser on your cell or mobile phone at xxx.xxxxxxxx.xxx, or by downloading our app from the appropriate mobile app store, and using your password, user name or multifactor authentication, to: • transfer funds from checking to share savings • transfer funds from share savings to checking • transfer funds to another member number’s account preauthorized with us • make payments from checking to loan account(s) with us • make payments from share savings to loan account(s) with us • make Bill Pay payments from checking accounts to third parties • deposit checks through our remote deposit service, snapdeposit, through our mobile app • get information about: - the account balance of checking account(s) - the account balance of share savings account(s) FEES • We do not charge for direct deposits to any type of account. • We do not charge for preauthorized payments from any type of account. Please refer to our separate fee schedule for additional information about charges. Except as indicated elsewhere, we do not charge for these electronic fund transfers. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
Appears in 1 contract
Samples: www.bridgecu.org
Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s 's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments payment network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union bank information. This information can be found on your check or draft as well as on a pre-printed deposit or withdrawal slip. Thus, you should only provide your credit union bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • □ Preauthorized credits. You may make arrangements for certain direct deposits deposits, such as Social Security or payroll, to be accepted into your checking or savings account(s). • □ Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • □ Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time one‐time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • □ Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations Types and limitations on frequency of transfers section regarding ATM Transfers - You may access your account(s) by ATM, to: □ make deposits to checking or savings account(s) □ get cash withdrawals from checking or savings account(s) □ transfer funds from savings to checking account(s) □ transfer funds from checking to savings account(s) Types and limitations on Debit Card Point-of-Sale Transactions - You may access your checking account(s) to purchase goods (in person, online, or by phone), pay for services (in person, online, or by phone), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. Some services may not be available at all terminals. For security reasons, daily limits apply to savings accountsATM withdrawals and point-of-sale transactions. Direct Touch Banking Telephone Transfers - In the event of security breach, fraud attempt, or other emergency, we may reduce, or suspend your ATM or debit card limit without prior notice. We may impose other limits on your debit card usage or on other types of electronic fund transfers in the future to protect your account from fraud. Types of Park Bank At Your Service 24/7 Transfers - You may access your account by telephone 24 hours a day at (000) 000-0000 and Toll Free (866) 913- 3733 608.283.6868 using your personal identification numberthe PIN established at account opening, a touch tone phone, and Base your account numbernumbers, to: • □ transfer funds from checking to checking or savings • □ transfer funds from savings to checking • or savings □ transfer funds from line of credit to checking or savings □ make payment from checking or savings to a loan Types of Online Banking Computer Transfers/Mobile Banking Transfers - You may access your account(s) by logging onto our website, through the browser on a supported mobile device or using the app on a supported mobile device to: □ transfer funds from checking to checking, savings, or loan account(s) □ transfer funds from savings to checking, savings, or loan account(s) □ transfer funds from line of credit to checking or savings • □ deposit checks into a checking or savings account with a supported mobile device Types of Bill Pay Transfers - You may access your account(s) by logging onto our website, through the browser on a supported mobile device or using the app on a supported mobile device to: □ Use Bill Pay online to add payees and make payments to individuals or companies to whom you want to send one‐time or recurring payments from your checking account. □ Using Bill Pay online will also allow you to: □ transfer funds externally to loan accounts with us • and from an account you have at other financial institution(s) using the account and routing number (Account‐to‐account or A2A transfers). □ transfer funds externally to a person using either their mobile phone number, email address or their account and routing number (Person‐to‐person or P2P payments). □ Use Bill Pay to make payments to individuals or companies to whom you want to send one‐time or recurring payments from savings your checking account with a supported mobile device once payees have been established. For security reasons, daily or monthly limitations may apply to loan accounts with us • get information about: - the account balance of checking accounts - the last five transactions Telephone, Electronic Banking, and Bill Pay transactions. In addition, you may only add a new payee to checking accounts - the account balance of savings accounts - the last five transactions to savings accounts Please also see Bill Pay within Online Banking. This feature is not currently available through Bill Pay on our mobile app. Limitations on frequency of transfers section regarding limitations that apply transfers. □ Transfers from a money market account to telephone transfersanother account or to third parties by preauthorized, automatic, telephone, online or mobile transfer or by check, draft, or similar order to third parties are limited to six (6) per statement cycle. □ Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, online or mobile transfer are limited to six (6) per statement cycle. FEES ATM & Debit Card Fees: □ Park Bank will not charge you to use a Park Bank debit card at an ATM. □ DEBIT CARD RUSH ORDERS: Same Day Production with Overnight Delivery ‐ $116. All rush requests must be submitted by noon central time. You may also opt for an instant issue debit card in a branch at no extra charge. ATM Operator/Network Fees. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). Currency Conversion and Cross-Border Transaction Fees. If you conduct a transaction with your debit card in a currency other than U.S. Dollars, Visa® will convert the charge into a U.S. Dollar amount. The Visa® currency conversion procedure includes use of either a Government-mandated exchange rate, or a wholesale exchange rate selected by Visa®. The exchange rate Visa® uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of purchase or the date the transaction was posted to your account. In addition, you will be charged a Visa® Foreign Transaction Fee of 1.00% of the transaction amount for each transaction billed from a foreign country. This fee will appear as a separate transaction on your statement with the description "VISA Foreign Transaction Fee." Online Banking/Mobile Banking Fees and Charges. There are no fees imposed by Park Bank for the use of online or mobile banking. Bill Payment Fees and Charges. □ There are no fees imposed by Park Bank for the use of standard Bill Payment services. □ Same Day Bill Payment: $9.95 □ Overnight Check Payment: $14.95 Wireless Carrier Fees. Your wireless carrier may assess message fees, data rates, and other charges when you use your mobile phone. Please refer to your contract with your wireless provider for information about these fees. Other Fees: □ There is no processing charge for direct deposits or pre‐authorized payments. □ External Transfers should be conducted through the use of Bill Payment. If you opt to have Park Bank establish an External Transfer for you, an External Transfer Fee of $10.00 per transfer will apply.
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Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check or draft to an electronic fund transfer or to electronically pay a returned check or draft charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and credit union information. This information can be found on your check or draft as well as on a deposit or withdrawal slip. Thus, you should only provide your credit union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: • Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or savings account(s). Credit given by us to you with respect to an automated clearinghouse entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making the payment to you via such entry (i.e. the originator of the entry) shall not be deemed to have paid you in the amount of such entry. • Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or savings account(s). • Electronic check or draft conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking or share draft account using information from your check or draft to pay for purchases or pay bills. • Electronic returned check or draft charge. You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Please also see Limitations on frequency • Notice of transfers section regarding limitations that apply Receipt of Entry. Under the operating rules of the National Automated Clearing House Association, which are applicable to savings accountsautomated clearing house transactions involving your account, we are not required to give next day notice to you in receipt of an automated clearing house item and we will not do so. Direct Touch Banking However, we will continue to notify you of the receipt of payments in the periodic statement we provide to you. HUTCH•LINE Telephone Transfers - types of transfers - You may access your account by telephone 24 hours a day at 0-000-000-0000 or (000) 000-0000 and Toll Free (866) 913- 3733 using your personal identification number, a touch tone phone, and Base your account numbernumbers, to: • transfer funds from checking to savings • transfer funds from savings to checking or savings • transfer funds from savings Overdraft Protection, VISA® credit card or Express line of credit to checking or savings • make payments from checking to loan accounts with us • make payments from or savings to loan accounts or VISA® credit card with us • get information about: - the account balance of checking, savings, loan, or VISA® credit card accounts - transactions from checking accounts - the last five deposit to savings accounts - transactions from savings accounts - history of loans or VISA® credit card accounts ATM Transfers - types of transfers and frequency and dollar limitations - You may access your account(s) by ATM using your VISA® Debit Card and personal identification number, to: • make deposits to checking accounts or savings account(s) - up to $300.00 is made available immediately (except limited account types), the amount of the remaining deposit within 48 business hours • get cash withdrawals from checking or savings account(s) - you may make no more than a total of 10 withdrawals per 24 hours - you may withdraw no more than a total of $500.00 per 24 hours - the minimum you may withdraw is $5.00 • transfer funds from savings to checking account(s) - the minimum you may transfer is $5.00 • transfer funds from checking to savings account(s) - the minimum you may transfer is $5.00 • get information about: - the account balance of your checking or savings accounts accounts. Some of these services may not be available at all terminals. Types of VISA® Debit Card Transactions - Your VISA® Debit Card may be used anywhere VISA® debit cards are accepted. You may access your checking account(s) to purchase goods, pay for services, and get cash from a merchant, if the last five transactions to savings accounts Please also see Limitations on frequency of transfers section regarding limitations that apply to telephone transfersmerchant permits, or from a participating financial institution.
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Samples: Credit Union Visa® Debit Card Agreement and Disclosures
