Electronic Funds Transfer Agreement. If you want to reverse an electronic re-presented check, you must give us an affidavit within 15 days after we send or make available to you the periodic statement that reflects payment of that electronic re-presented check. In your affidavit, you must declare and swear under oath that the electronic re-presented check was ineligible or unauthorized. If we receive a proper notice or affidavit from you within the 15-day period, we will recredit your account with the amount of the charge. If you wish to stop payment on any electronic re-presented check, you must follow the procedures contained in this Agreement for stopping payment of checks, not the procedures for stopping payment on electronic loan or xxxx payments. If you ask us to request the depositor’s bank to send us the original paper check or a copy of the paper check, and we provide it to you, you agree that you will not seek to have your account recredited due to a prior stop payment order or if the item is otherwise ineligible for collection.
Electronic Funds Transfer Agreement. You authorize us to honor any electronic check conversion from your checking account just the same as a regular written check.
Electronic Funds Transfer Agreement. This Electronic Funds Transfer Agreement (the “Agreement”) sets forth your rights and responsibilities with regard to your use of electronic transfer services, such as preauthorized credits or payments, telephone transfers, mobile and online banking, bill payment services, interbank transfers and use of a Brookline Bank ATM Card and Mastercard® Debit Card. We will call both of these cards, “Card”, in this Agreement. Indicated below are the types of Electronic Funds Transfers (EFTs) we are capable of handling, some of which may not apply to your Account. Please read this Agreement carefully because it tells you your rights and obligations for the transactions listed. Our online and mobile banking, interbank transfers, and bill payment services are also governed by our Online Banking Agreement. You should keep this Agreement for future reference. Applicable Law Your and our rights under this Agreement are governed by and interpreted according to federal and Commonwealth of Massachusetts laws. If state and federal laws are inconsistent or if federal law preempts state law, federal law governs. Amendments and Termination We may change this Agreement at any time. We will send you advance notice of the change, unless the change is favorable to you. In this case, we may make the change at any time without advance notice. We reserve the right to terminate the use of our EFT services for any reason and at any time, and will notify you. You also may terminate this Agreement at any time by calling us at 000-000-0000. Any termination of your use of our EFT services, whether initiated by you or us, will not affect any of your rights or our rights and obligations under this Agreement, which have arisen before the effective date of the termination. Use of EFT Services You are eligible to use any EFT services if you designate and maintain a checking Account as your primary Account, and you may also designate other eligible Accounts for use with some of these services. You may choose to access any of the following types of Accounts: any checking, statement savings, or money market. If you are requesting a Debit Card, you must choose a checking Account as your primary designated Account. Statement savings and money market Accounts cannot be used for debit purchases, POS transactions, or bill payments. All Accounts are subject to the rules and regulations governing that type of Account. Ownership and Use of Cards The card, which we issue to you, will remain our property, and...
Electronic Funds Transfer Agreement. You authorize ProPay to initiate, process, transmit, and settle through our sponsor bank ACH debits or credits to the Designated Account. Your authorization will remain in effect after termination of this agreement and until ProPay has received written notice terminating this authorization and all your obligations to ProPay have been paid in full. You irrevocably authorize us to immediately debit the Designated Account for the amounts of any chargebacks, ACH returns, fines, losses, and costs we may incur because of your use of the Services. You may change the Designated Account, but no more than once every 90 days, and must promptly notify Provider Partner of any changes.
Electronic Funds Transfer Agreement. This Agreement is the contract, which covers your and our rights and responsibilities concerning the Electronic Services including: Online and Mobile Banking, Online Bill Pay, Electronic Transfers, ATM and Visa Debit Cards, Telephone Teller, Direct Deposit, Mobile Deposit and Online Deposit services (collectively “Electronic Services”) offered to you by Rivermark Community Credit Union (“Credit Union”). In this Agreement, the words “you” and “yours” mean those who enroll for any of the Electronic Services and any authorized users. In this Agreement the words “we” and “us” and “our” and “
Electronic Funds Transfer Agreement. This section describes the rights, liabilities and obligations for electronic funds transfers, such as by an LCCU debit card, through an electronic device (such as a telephone or computer) or converted from a paper item for the purpose of authorizing us to debit or credit your account by using your card or making any other type of electronic funds transfer.
Electronic Funds Transfer Agreement. If you want to reverse an electronic re-presented check, you must give us an affidavit within fifteen
Electronic Funds Transfer Agreement. The following information defines and explains the types of Electronic Funds Transfer (“EFT”) services that are currently available to members. It also explains your and our rights, duties and liabilities concerning these services, including your rights under the Electronic Funds Transfer Act. Please read this document carefully. EFT Services:
Electronic Funds Transfer Agreement. This Electronic Funds Transfer Agreement disclosure is made in compliance with federal law regulating electronic funds transfer (“EFT”) services and only applies to EFTs that authorize Bank to debit or credit a consumer Account. A consumer account is established primarily for consumer, family, or household purposes. If your Account is used primarily for business purposes, the provisions explaining a consumer’s liability for unauthorized transfers do not apply to you, although as a matter of practice the Bank generally follows the error resolution procedures described herein for business Accounts, despite not being required to do so and Bank may, in its discretion, change its practices regarding business Accounts at any time without notice. EFTs are generally defined under the EFTA as any transfer of funds that is initiated through an electronic terminal, telephone, computer, or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit a consumer’s account. The following disclosures set forth your and our rights and responsibilities concerning EFTs.
Electronic Funds Transfer Agreement. (EFT) This agreement covers EFTs made to or from your account without the use of a card or PIN. Merchants and other payees may be authorized to electronically debit your share draft or checking account using information you provide on or with a share draft or check. These debits are electronic funds transfers subject to this agreement. Electronic Check Conversion (XXX): You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to: • Pay for purchases • Pay bills Types of EFTs available to you: • Deposit of Employer payroll • Deposit of Government payments • Pre-Authorized Debits For a Share/ Savings or other account in which transfer limitations apply, no more than six (6) preauthorized, automatic, telephone transfers or transfers made by check, draft or debit card may be made from these accounts to another account of yours or a third party in any month. If you exceed these limitations, your account may be subject to a fee or be closed. There are no charges for EFTs or the right to make EFTs; however, a fee will be assessed for each EFT returned to the originator due to insufficient funds, account closure, etc. Refer to our Rate and Fee Schedule for current fees. The business days of the credit union are Monday-Friday. EFTs in most cases will be posted to your account by the open of the normal business day. The following holidays are not business days: • New Year’s Day • Xxxxxx Xxxxxx Xxxx, Xx. Day • President’s Day • Memorial Day • Independence Day • Labor Day • Columbus Day • Veterans’ Day • Thanksgiving Day • Christmas Day Summary of your right to receive documentation of EFTs:
