General Account Terms Sample Clauses

General Account Terms. All fees, rates, balance requirements, and account limitations are disclosed in Trademark FCU’s Rate & Fee and Truth in Savings Disclosures. Transactions may not be processed in the order in which they occur. The order in which they are received and processed may impact the balance available to you and the total amount of fees incurred by you. Merchants and other payees may be authorized to electronically debit your account using information you provide them. These debits are Electronic Funds Transfers (EFT) and are subject to this Agreement. The Credit Union is under no obligation to pay an item or check, honor a debit card transaction, online transaction, text banking or audio transaction which exceeds the balance in the designated account. Except for negligence, the Credit Union is not liable for any action it takes regarding the payment or non-payment of a check or an item or the failure to honor an Online, Audio or debit card transaction. You acknowledge and agree that we may refuse to pay any check, including substitute checks as the term is defined under 12 CFR Part 229.2 (aaa). You also agree to indemnify and hold us harmless from and against any claim for damages or breach of any substitute check warranty which is asserted against us by any third party on account of any check drawn on your account.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
General Account Terms. Access to the Service is only available to the Customer and the Users to whom the Customer grants access, subject to the Customer making the applicable payments for the Service under this Agreement. Usernames and passwords are personal, and are to be considered part of Confidential Information of Customer. The Customer is at all times fully liable for all acts and omissions by Users whom the Customer has granted access and agrees to indemnify EP CLOUD SOFT for all claims and losses related to such acts and omissions. The Customer may not use the Service for any illegal or unauthorized purpose. The Customer must not, in the use of the Service, violate any laws in customer jurisdiction (including but not limited to copyright laws). EP CLOUD SOFT may make updates to the Service from time to time as per market demands. The Customer is responsible for all taxes and the Customer will pay EP CLOUD SOFT for the Services without any reduction for taxes. If EP CLOUD SOFT is obligated to collect or pay taxes, the taxes will be invoiced to Customer including any bank or transactional charges. Except as expressly set forth herein, this Agreement does not grant either party any rights, implied or otherwise, to the other’s content or any of the other’s intellectual property. As between the parties, the Customer owns all Intellectual Property Rights in Customer Data and EP CLOUD SOFT owns all Intellectual Property Rights in the Service.
Sample 1
General Account Terms. A. About Us
Sample 1
General Account Terms. 7 Governing Law 7 Acceptance Provision 7 Changes To This Agreement 8 Arbitration and Waiver of Class Action 8 Opening a New Account 9 Membership Eligibility 10 Member In Good Standing 10 Bylaws and Account Termination 11 Limitation, Suspension, and Service Restriction 11 Withdrawal of Services 12 Converting An Account 12 Account Ownership 12 Single Party Accounts 12 Multiple Party Accounts 12 Convenience Accounts 13 Accounts for Minors 13 Accounts for Guardianships and Estates 13 Accounts for Trusts 14 Business, Organization & Association Accounts 14 Additional Account Types 14 Uniform Transfer to Minors (UTMA) 14 Representative Payee 14 Agency Account 15 Fiduciary Account 15 Attorney Client Trust 15 Real Estate Broker Client Trust Account 15 Government/Municipal/Public Funds Accounts 16 Fees and Charges 16 Using Your Checking and Savings Account 16 Deposits 16 Accepting Items for Deposit 16 Right to Refuse Deposits 17 Right to Charge Back Deposited or Cashed Items 17 Envelope Depository Error! Bookmark not defined. Deposit Errors and Adjustments Error! Bookmark not defined. Notices of Electronic Deposits Error! Bookmark not defined. Accrual of Dividends Error! Bookmark not defined. Balance Methods Error! Bookmark not defined. Balance Computation Method 18 Checks Error! Bookmark not defined. Check Processing 18 Check Orders 18 Check Copies 19 Review of Check Images and Signatures 19 Incomplete, Conditional, Post-Dated, or Stale-Dated Checks 19 Electronically Created Items (ECI) 19 Foreign Items, Currency Conversion and Collection Item Processing 19 Endorsement Standards 20 Substitute Checks, Indemnified Copies, Images and Image Replacement Copies 20 ATM/Debit Card and Other Access Devices 21 Using Your Cards 21 Safeguarding PIN 23 Debit Card Limits 23 Charges for ATM/Debit Card Transactions 23 Fraud Monitoring 23 Reporting Compromised, Lost, Stolen Card or PIN 23 Unauthorized Transactions 23 Visa Card Zero Liability 24 Transaction Processing and Posting Order 24 Account Balance 24 Posting Order 24 Transaction Holds 25 Pending Transactions 25 Internal Preauthorized Payments/Transfers 25 Transactions Using Our Telephone Banking System 26 End of Day Transactions 26 Account Transaction Limitations 26 Insufficient Funds, Overdrafts and Returned Items 26 Account Statement 32 Electronic Statements 32 Responsibility To Promptly Examine Each Account Statement 32 Reporting Problems and Unauthorized Transactions for Non-Electronic Funds Transfers 33 Notices 34 Annual...
Sample 1
General Account Terms. The Accounts are provided by FEB. You can access online banking services through the Portal. If you have registered access credentials to access your Accounts, you may log in to the Portal at any time to view and update information about your Accounts and initiate online transfers. Your use of the Portal is subject to its Terms of Use (“Portal Terms of Use”). The terms of this Agreement govern in the event there is a conflict between the Portal Terms of Use and the terms of this Agreement. The Transaction Account is a negotiable order of withdrawal (NOW) account. No checks are issued in connection with or may be written on the Transaction Account. You can access the Transaction Account through the Portal. Additionally, a debit/ATM card (the “ NinjaCard®”) will be issued to you in connection with the Transaction Account. The Savings Account is a savings account, as defined under the Federal Reserve’s Regulation D. You can access the Savings Account through the Portal. However, no debit or ATM card will be issued in connection with the Savings Account. Your Savings Account may be accessed through the Portal. Each of the Accounts is an individually owned account. You may not add a joint owner to an Account.
Sample 1
General Account Terms. SCOPE AND INTENT
Sample 1

Related to General Account Terms

  • Account Terms The Certificate bears interest at the rate and basis as set forth on the Certificate. The terms of the Certificate, such as the interest rate(s), Annual Percentage Yield ("APY"), length of term period, renewability, and date of maturity are specified on the Certificate and in the Disclosures provided to you at the time of account opening. Interest will not be compounded unless noted and will be paid to you at the frequency and in the method noted. If interest compounds during the term of the Certificate and may be withdrawn prior to maturity, the withdrawal of interest prior to maturity will affect the APY. Withdrawal Prior To Maturity. You have contracted to keep the account funds on deposit from the issue date until the maturity date. We may accept a request by you for withdrawal of some or all of the account funds prior to the maturity date at our discretion or as otherwise described in the Disclosures.

  • Special Account Instructions You may request that we facilitate certain trust, will, or court-ordered account arrangements. However, because we do not give legal advice, we cannot counsel you as to which account arrangement most appropriately meets the specific requirements of your trust, will, or court order. If you ask us to follow any instructions that we believe might expose us to claims, lawsuits, expenses, liabilities, or damages, whether directly or indirectly, we may refuse to follow your instructions or may require you to indemnify us or post a bond or provide us with other protection. We may require that account changes requested by you, or any account owner, such as adding or closing an account or service, be evidenced by a signed Account Change Card or other document which evidences a change to an account and accepted by us.

  • Checking Accounts The Credit Union may refuse any check or other item drawn against your account or used to withdraw funds from your account if it is not on a form approved by us. We also reserve the right to refuse any check or other item drawn against your account or used to withdraw funds from your account if made in a manner not specifically authorized for your account, if made more frequently or in a greater number than specifically permitted for your account, or if made in an amount less than the minimum withdrawal or transfer specifically permitted for your account. If we accept a check or other item not on a form approved by us, you will be responsible for any loss by us in handling the item. We may pay checks or other items drawn upon your account in any order determined by us, even if paying a particular check or item results in an insufficient balance in your account to pay one or more other items that otherwise could have been paid out of your account. Because of the nature of the Credit Union check program, neither the Credit Union nor any other processing entities shall be responsible for the authenticity of the checks with regard to the signature or alterations; and checks, when presented, shall be paid without verification. We may disregard all information on or any writing or memorandum attached to any check or item except for your signature, the amount and the information that is magnetically encoded. You agree that we do not fail to use ordinary care because our procedures do not provide for sight examination. You will notify us immediately if you learn or have reason to know that any of your checks have been lost or stolen. If you are negligent in safeguarding your checks or if there is a processing problem due to your use of a check printer we do not approve, we will not have any liability or responsibility for any losses you incur as a result if we act in good faith pursuant to standard commercial practices.

  • Additional Procedures Applicable to High Value Accounts 1. If a Preexisting Individual Account is a High Value Account as of December 31, 2013, the Reporting [FATCA Partner] Financial Institution must complete the enhanced review procedures described in paragraph D of this section with respect to such account by December 31, 2014. If based on this review, such account is identified as a U.S. Reportable Account, the Reporting [FATCA Partner] Financial Institution must report the required information about such account with respect to 2013 and 2014 in the first report on the Account. For all subsequent years, information about the account should be reported on an annual basis.

  • Account Alerts The Account Alerts service is a tool for managing accounts. By enrolling for Account Alerts, you expressly consent to the Credit Union communicating with you by email or text with contact information you have provided. Account Alerts should not be relied upon solely for account information. While the Credit Union makes every effort to ensure alerts are delivered as expected, there are conditions that may make the alerts unreliable such as, but not limited to: spam filters, relay detectors, inaccurate or obsolete email addresses, network or system failures, etc. The Credit Union recommends that the service be tested prior to regular use to identify any limiting conditions that may be present. The Credit Union does not guarantee the delivery of any account alert.

  • For Force Account or Indefinite Amount Change Order The payment and extension of time (if any) provided by this Change Order constitutes interim compensation to the Contractor and its Subcontractors and Suppliers for actual costs and markups directly and indirectly attributable to the Change Order herein, for all delays related thereto and for performance of changes within the time stated.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • How Are Distributions from a Xxxxxxxxx Education Savings Account Taxed For Federal Income Tax Purposes? Amounts distributed are generally excludable from gross income if they do not exceed the beneficiary’s “qualified higher education expenses” for the year or are rolled over to another Xxxxxxxxx Education Savings Account according to the requirements of Section (4). “Qualified higher education expenses” generally include the cost of tuition, fees, books, supplies, and equipment for enrollment at (i) accredited post-secondary educational institutions offering credit toward a bachelor’s degree, an associate’s degree, a graduate-level or professional degree or another recognized post-secondary credential and (ii) certain vocational schools. In addition, room and board may be covered if the beneficiary is at least a “half-time” student. This amount may be reduced or eliminated by certain scholarships, qualified state tuition programs, HOPE, Lifetime Learning tax credits, proceeds of certain savings bonds, and other amounts paid on the beneficiary’s behalf as well as by any other deductions or credits taken for the same expenses. The definition of “qualified education expenses” includes expenses more frequently and directly related to elementary and secondary school education, including the purchase of computer technology or equipment or Internet access and related services. To the extent payments during the year exceed such amounts, they are partially taxable and partially non-taxable similar to payments received from an annuity. Any taxable portion of a distribution is generally subject to a 10% penalty tax in addition to income tax unless the distribution is (i) due to the death or disability of the beneficiary, (ii) made on account of a scholarship received by the beneficiary, or (iii) is made in a year in which the beneficiary elects the HOPE or Lifetime Learning credit and waives the exclusion from income of the Xxxxxxxxx Education Savings Account distribution. You may be allowed to take both the HOPE or Lifetime Learning credits while simultaneously taking distributions from Xxxxxxxxx Education Savings Accounts. However, you cannot claim a credit for the same educational expenses paid for through Xxxxxxxxx Education Savings Account distributions. To the extent a distribution is taxable, capital gains treatment does not apply to amounts distributed from the account. Similarly, the special five- and ten-year averaging rules for lump-sum distributions do not apply to distributions from a Xxxxxxxxx Education Savings Account. The taxable portion of any distribution is taxed as ordinary income. The IRS does not require withholding on distributions from Xxxxxxxxx Education Savings Accounts.

  • Account Limitations Limitations are implemented to help protect PayPal, buyers and sellers when we notice restricted activities, an increased financial risk, or activity that appears to us as unusual or suspicious. Limitations also help us collect information necessary for keeping your PayPal account open. There are several reasons why your PayPal account could be limited, including: • If we suspect someone could be using your PayPal account without your knowledge, we’ll limit it for your protection and look into the fraudulent activity. • If your debit or credit card issuer alerts us that someone has used your card without your permission. Similarly, if your bank lets us know that there have been unauthorized transfers between your PayPal account and your bank account. • In order to comply with applicable law. • If we believe in our sole discretion that you have breached this agreement or violated the Acceptable Use Policy. • Seller performance indicating your PayPal account is high risk. Examples include: indications of poor selling performance because you’ve received an unusually high number of claims and chargebacks, selling an entirely new or high-cost product type, or if your typical sales volume increases rapidly. Unless a permanent limitation is placed on your account, you will need to resolve any issues with your account before a limitation can be removed. Normally, this is done after you provide us with the information we request. However, if we reasonably believe a risk still exists after you have provided us that information, we may take action to protect PayPal, our users, a third party, or you from reversals, fees, fines, penalties, legal and/or regulatory risks and any other liability.

Time is Money Join Law Insider Premium to draft better contracts faster.