Preauthorized Electronic Fund Transfers. a. Authorization to Merchants. By providing your account number to any merchant or third party not already listed as a joint owner or authorized user on your account, you authorize all electronic funds transfers out of your account initiated by that merchant or third party.
Appears in 7 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
Preauthorized Electronic Fund Transfers. a. Authorization to Merchants. : By providing your account number to any merchant or third party not already listed as a joint owner or authorized user on your account, you authorize all electronic funds transfers out of your account initiated by that merchant or third party.
Appears in 2 contracts
Samples: Mvfcu Membership and Account Agreement, Mvfcu Business Membership and Account Agreement