External Account Transfers Sample Clauses

External Account Transfers. 1. When you add an External Transfer Account you are requesting an electronic transfer from your EagleBank account.
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External Account Transfers. Subject to the terms of this Agreement, external account to account transfer services can be used to transfer funds to and from your Account(s) at the Bank to designated external deposit accounts in which you have ownership as a sole or joint owner and are eligible transaction accounts. If you are not the sole or joint owner of the account(s), you acknowledge that you have all necessary legal right, power, and authority to transfer funds between your Account(s) and eligible external account(s). You may initiate a one-time transfer instruction for which processing shall be initiated immediately, a one-time transfer instruction for which processing shall be initiated at a later specified date up to one (1) year, and a recurring series of transfer instructions for which processing shall be initiated on the specified dates. When we receive a transfer instruction from you, you authorize us to debit your Account and credit funds on your behalf to the eligible external Account designated by you. Transfers may be delayed or blocked to prevent fraud or comply with regulatory requirements. If we delay or block an external transfer instruction that you have initiated, we will notify you in accordance with your user preferences (e.g., email, text). We will use reasonable efforts to make all your transfers properly. However, we shall incur no liability if we are unable to complete any transfers initiated by you because of the existence of any one or more of the following circumstances:
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External Account Transfers. The service allows Online and Mobile Banking customers to initiate an ACH transfer from your qualifying linked personal account to another account you have at any other Domestic Financial Institution. You may also transfer from your other Domestic Financial Institution to your qualified linked accounts at Bank of Hillsboro. This service also allows you to transfer money to any domestic customer who has given you their domestic bank information. This service can be accessed by clicking on Move/adding a New Payee/External Transfer. See our Online/Mobile Banking disclosure located on our website under Personal Banking or on the mobile app by clicking on the information icon and then the Terms and Condition link for complete disclosure.
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External Account Transfers. You can use UMB online banking to make transfers (“External Account Transfers”) to or from your UMB Bank Accounts to up to ten (10) Accounts that you have with other (non-UMB) domestic U.S. financial institutions (“External Bank Accounts”). External Account Transfers can be set up either as one- time transfers or as recurring transfers, and may be same day or Future Transfers. To perform an External Account Transfer, you must set up each of the External Bank Account in the Service and verify your authority over that Account. Each External Bank Account must either be a checking or a savings account. After you have entered your External Bank Account number and the routing number of the other financial institution in our Online Banking Service, we will make two small deposits to the External Bank Account, with the words “OLB VTrans” as a transaction description. After those deposits appear in your External Bank Account, which may take up to three (3) business days, you must log back into UMB online banking, select the “Manage External Accounts” option on the “Transfer Money” page, select “Verify” and enter the amount of the deposits (in no particular order). We will remove the two deposited amounts from your External Bank Account on the same day they are deposited. If you do not correctly identify the two deposited amounts, you will not be able to use the External Account Transfer function to make transfers to or from that External Bank Account. You represent and warrant to us that you own each External Bank Account that you designate in the Service for making External Account Transfers, and that you have a right to debit and credit the External Bank Account set-up within the Service, and you agree to indemnify and hold us harmless for any claims, damages and expenses (including reasonable attorney’s fees) that we incur by following your instructions in making any External Account Transfer. To be processed on the same banking day, the External Account Transfer must be entered using the Service by 9 p.m. CT. The total dollar amount of all External Account Transfers made on a single business day through the Service may not exceed $10,000.00. We will immediately deduct the amount of a transfer you have requested from the Balance in the UMB Bank Account from which you made the transfer, if it is a transfer you have created for today, or on the calendar day of the transfer, for transfers you create as “Future Transfers.” Funds transferred into your UMB Deposit Acc...
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External Account Transfers. Before you can link your first Account (or joint Account) with us you must provide us with an encoded, pre-printed deposit cheque from your External Account. The cheque can be drawn for a nominal amount. This cheque allows us to protect the security of your Account and to link your Account with your External Account. The cheque for your External Account must clear to establish this link. By providing us with the cheque from your External Account, you consent to our using that cheque to link your Account with your External Account. If you open an additional Account with us, you may be required to complete and sign an External Account Link Authorization form (or other form). You may be able to link more than one External Account to your Account(s), though we may limit the number of External Accounts that may be linked. Except as otherwise provided by us, you must keep at least one valid External Account in place at all times when dealing with us. If our account linking requirements are not met, your Account with us may be able to receive deposits, but will not have functionalities available when linked to an External Account. In order to comply with anti-money laundering laws and other legal requirements and for risk management purposes, you, and each Person authorized to operate the Account, consent to our verifying your (and their) identity as required or permitted by law, and agree to provide us with any documentation we request from you. You acknowledge that your Account cannot be opened until these requirements are met. You, and each Person authorized to operate the Account, agree and consent to our verifying information provided by you and on your behalf, through credit bureaus, credit reporting agencies, or third parties used for verifying such information. You and each Person authorized to operate the Account, agree to provide any records that we may require for the opening of your Account and its continued operation under any applicable law, including, but not limited to those necessary under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (“PCMLTFA”).
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External Account Transfers 
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Related to External Account Transfers

  • Sxxxxxxx-Xxxxx; Internal Accounting Controls The Company and the Subsidiaries are in compliance with any and all applicable requirements of the Sxxxxxxx-Xxxxx Act of 2002 that are effective as of the date hereof, and any and all applicable rules and regulations promulgated by the Commission thereunder that are effective as of the date hereof and as of the Closing Date. The Company and the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that: (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. The Company and the Subsidiaries have established disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Company and the Subsidiaries and designed such disclosure controls and procedures to ensure that information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. The Company’s certifying officers have evaluated the effectiveness of the disclosure controls and procedures of the Company and the Subsidiaries as of the end of the period covered by the most recently filed periodic report under the Exchange Act (such date, the “Evaluation Date”). The Company presented in its most recently filed periodic report under the Exchange Act the conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the Evaluation Date. Since the Evaluation Date, there have been no changes in the internal control over financial reporting (as such term is defined in the Exchange Act) of the Company and its Subsidiaries that have materially affected, or is reasonably likely to materially affect, the internal control over financial reporting of the Company and its Subsidiaries.

  • Xxxxxxxx-Xxxxx; Internal Accounting Controls The Company and the Subsidiaries are in compliance with any and all applicable requirements of the Xxxxxxxx-Xxxxx Act of 2002 that are effective as of the date hereof, and any and all applicable rules and regulations promulgated by the Commission thereunder that are effective as of the date hereof and as of the Closing Date. The Company and the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that: (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. The Company and the Subsidiaries have established disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Company and the Subsidiaries and designed such disclosure controls and procedures to ensure that information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. The Company’s certifying officers have evaluated the effectiveness of the disclosure controls and procedures of the Company and the Subsidiaries as of the end of the period covered by the most recently filed periodic report under the Exchange Act (such date, the “Evaluation Date”). The Company presented in its most recently filed periodic report under the Exchange Act the conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the Evaluation Date. Since the Evaluation Date, there have been no changes in the internal control over financial reporting (as such term is defined in the Exchange Act) of the Company and its Subsidiaries that have materially affected, or is reasonably likely to materially affect, the internal control over financial reporting of the Company and its Subsidiaries.

  • Internal Accounting Controls The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

  • Internal Accounting and Disclosure Controls The Company and each of its Subsidiaries maintains internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the 0000 Xxx) that is effective to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles, including that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset and liability accountability, (iii) access to assets or incurrence of liabilities is permitted only in accordance with management’s general or specific authorization and (iv) the recorded accountability for assets and liabilities is compared with the existing assets and liabilities at reasonable intervals and appropriate action is taken with respect to any difference. The Company maintains disclosure controls and procedures (as such term is defined in Rule 13a-15(e) under the 0000 Xxx) that are effective in ensuring that information required to be disclosed by the Company in the reports that it files or submits under the 1934 Act is recorded, processed, summarized and reported, within the time periods specified in the rules and forms of the SEC, including, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the 1934 Act is accumulated and communicated to the Company’s management, including its principal executive officer or officers and its principal financial officer or officers, as appropriate, to allow timely decisions regarding required disclosure. Neither the Company nor any of its Subsidiaries has received any notice or correspondence from any accountant or other Person relating to any potential material weakness or significant deficiency in any part of the internal controls over financial reporting of the Company or any of its Subsidiaries.

  • Final Accounting Upon the dissolution of the Company, a proper accounting shall be made from the date of the last previous accounting to the date of dissolution.

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