Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your Account on time or in the correct amount according to 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:
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a Transfer to or from your Account on time or in the correct amount according to any agreement we have made with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: – If, through no fault of ours, you do not have enough money to make the Transfer; – If the Transfer would go over the credit limit on your overdraft line; – If the ATM where you are making the Transfer does not have enough cash; – If the ATM, 24-hour Account access or other network system is not working properly and you knew about the breakdown when you started the Transfer; – If circumstances beyond our control (including, but not limited to, fire or flood) prevent any Transfer, despite reasonable precautions that we have taken; or – If access to your Account has been blocked by operation of law or by us for breach of other agreements with us, if you have reported your Card lost or stolen, if your savings Account or your checking Account has been set off by us. There may be other exceptions not covered or stated.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our Agreement with you and the instructions you transmit, we will be liable for your actual losses or damages. However, the Credit Union will not be liable: • If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. • If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Credit Union user instructions for making transfer and xxxx payment transactions. • If your Computer fails or malfunctions or the Internet Banking Service was not properly working and such problem should have been apparent when you attempted such transaction. • If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, equipment or power failure) prevent us from making the transaction. • If the funds in your account are subject to an administrative hold, legal process or other claim. • If you have not given the Credit Union complete, correct and current instructions so the Credit Union can process a transfer or xxxx payment. • If the error was caused by a system beyond the Credit Union’s control, such as your Internet Service Provider. • If there are other exceptions as established by the Credit Union from time to time.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete an electronic fund transfer to or from your account on time or in the correct amount according to 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: • If, through no fault of ours, you do not have enough available funds in your account to make the transfer. • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. • If a hold has been placed on your account due to court order, uncollected funds, or any other reasonable reason. • If the information provided by you or a third party is incomplete, incorrect, unclear, ambiguous or untimely. • If the system was not working properly and you knew about the problem before you initiated the transaction. • If we have reason to believe the transaction may be fraudulent.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount, according to our agreement with you and the instructions you transmit, we will be liable for your actual losses or damages. However, we will not be liable: -If, through no fault of ours, you do not have adequate available funds in your account to complete a transaction. -If you used the wrong password or you have not properly followed any applicable computer, internet access, or our user instructions for making transfer and payment transactions. -If your computer or internet connection fails or malfunctions or the Home Banking service was not properly working and such problem should have been apparent when you attempted such a transaction. -If circumstances beyond our control (such as fire, flood, telecommunications outage, postal strikes, equipment or power failure) prevent completing the transaction. -If you have not given us complete, correct and current instructions to process a transfer or payment. -If you do not authorized a payment soon enough for it to be made and properly credited by the the time it is due. SECU’s E-Statements service allows you to retrieve, view, and print your account statements from within Home Banking. If you choose e-statements, you will no longer receive paper statements in the mail. You may request paper copies for which you may be charged a fee. Please refer to our Fee Schedule for current rates. Billing or Statement Errors. In case of error or questions about your SECU transactions, call us at 815-626- 8181 during regular business hours or write to: Select Employees Credit Union, P.O. Box 636, Sterling, IL 61081 We must hear from you no later than 60 days after we sent the first statement on which the problem appeared:
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time and in the correct amount according to 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: • If through no fault of the Credit Union, you do not have enough money in your account or sufficient collected funds to make the transfer. • If the system was not working properly, and you knew about the breakdown before you started the transfer. • If the system is unavailable due to a maintenance shutdown. • If circumstances beyond the control of the Credit Union (such as fire, flood, computer or telephone system malfunction) prevent the transfer despite reasonable precautions we have taken. • If the transfer would violate any agreement between you and the Credit Union. • If your account is “frozen” because of a court order or your personal identification number (PIN) has been reported lost or stolen. • If the transfer would cause your line of credit overdraft loan or other loan to exceed the approved limit or if you are delinquent on any loan payments. • If our computer system or equipment does not receive the commands sent from the computer or workstation you use to transmit instructions. • Other exceptions stated in our agreements with you.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your Account on time or in the correct amount according to our Agreement with you, we will be liable for your losses or damages up to the amount of the transfer. We are not liable to you for any special, incidental, exemplary, punitive or consequential losses or damages of any kind. However, there are some exceptions to our liability. We will not be liable, for instance: • If, through no fault of ours, you do not have enough money in your Account to make the transfer; • If the transfer would go over the credit limit on any overdraft line associated with your Account; • If the ATM where you are making the transfer does not have enough cash; • If the ATM, terminal or system was not working properly and you knew about the breakdown when you started the transfer; • If circumstances beyond our control (such as power outages, equipment failures, fire or flood) prevent the transfer, despite commercially reasonable precautions that we have taken; • If the funds are subject to legal process or other encumbrance restricting the transfer; • If an Account becomes dormant (in which case we may terminate card or code access to that Account); or • If your card or code has been revoked due to inactivity or at our discretion. There may be other exceptions, in addition to those listed above, stated in any other of our agreements with you, or as permitted by law.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for losses or damages. However, we will not be liable for direct or consequential damages in the following events: • If, through no fault of ours, there is not enough money in your accounts to complete the transaction; if any funds in your accounts necessary to complete the transaction are held as uncollected funds pursuant to our Funds Availability Policy; or if the transaction involves a loan request exceeding your credit limit. • If you use your card, access code or password in an incorrect manner. • If circumstances beyond our control (such as fire, flood, or power failure) prevent the transaction. • If the money in your account is subject to legal process or other claim. • If funds in your account are pledged as collateral or frozen because of a delinquent loan. • If the electronic transfer is not completed as a result of your willful or negligent use of your card, access code, password, or any EFT facility for making such transfers. • If the telephone or computer equipment used to conduct telephone banking or online/PC transactions is not working properly and you knew or should have known about the breakdown when the transaction was initiated. • If you have xxxx payment services, we can only confirm the amount, the participating merchant, and date of the xxxx payment transfer made by the Credit Union. For any other error or question you have involving the billing statement of the participating merchant, you must contact the merchant directly. We are not responsible for investigating such errors. • Any other exceptions as established by the Credit Union.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages. However, we will not be liable for direct or consequential damages in the following events: • If, through no fault of ours, there is not enough money in your accounts to complete the transaction, if any funds in your accounts necessary to complete the transaction are held as uncollected funds pursuant to our Funds Availability Policy Disclosure. • If you used the wrong password or you have not properly followed any applicable computer, Internet access, or credit union instructions for making transfer and xxxx payment transactions. • If your computer fails or malfunctions or NetTeller was not properly working and such problem should have been apparent when you attempted such transaction. • If circumstances beyond our control (such as fire, flood, telecommunication outages, equipment or power failure) prevent the transaction. • If the money in your account is subject to an administrative hold, legal process or other claim. • If funds in your account are pledged as collateral or frozen because of a delinquent loan. • If you have not given us complete, correct and current instructions so the credit union can process a transfer or xxxx payment. • If the error was caused by a system beyond our control, such as your Internet Service Provider. • If you do not authorize a xxxx payment soon enough for your payment to be made and properly credited by the payee by the time it is due. • If you have xxxx payment services, we can only confirm the amount, the participating merchant, and date of the xxxx payment. For any other error or question you have involving the billing statement of the participating merchant, you must contact the merchant directly. We are not responsible for investigating such errors.
Financial Institution’s Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you and the instructions you transmit, we will be liable for your actual losses or damages. However, the Financial Institution will not be liable: If, through no fault of ours, you do not have adequate funds in your account to complete a transaction, your account is closed, or the transaction amount would exceed your credit limit on your line of credit, if applicable. If you used the wrong access code or you have not properly followed any applicable computer, Internet Access, or Financial Institution user instructions for making transfer and xxxx payment transactions. If your computer fails or malfunctions or the HEFCU@HOME service was not properly working and such problem should have been apparent when you attempted such transaction. If circumstances beyond our control (such as fire, flood, telecommunication outages, postal strikes, and equipment or power failure) prevent making the transaction. If the funds in your account are subject to an administrative hold, legal process or other claim. If you have not given the Financial Institution complete, correct and current instructions so the Financial Institution can process a transfer or xxxx payment. If the error was caused by a system beyond the Financial Institution's control, such as your Internet Service Provider. If you do not authorize a xxxx payment soon enough for your payment to be made and properly credited by the payee by the time it is due. If the Financial Institution makes a timely xxxx payment but the payee nevertheless does not credit your payment promptly after receipt. If there are other exceptions as established by the Financial Institution from time to time.
