Right to Stop Payment of Preauthorized Transfers and Procedure for Doing So. RBFCU cannot cancel an agreement you have with a third party or revoke the authorization that you have provided a third party for recurring automatic transfers from your account(s). If you have arranged in advance to make regular payments from your Account, you can stop any of these payments. A stop payment order, a renewal of an order, or a revocation/cancellation of any such order shall not be effective unless delivered to a member of our staff during our regular business hours and until we have had a reasonable opportunity to act on it. Contact us via the telephone number listed in this disclosure or via our online channels in time for us to receive your request. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. We will charge a fee as set forth in our Fee Schedule for each stop payment order you give. Stop payment request(s) on one-time Electronic Funds Transfers (EFT) will remain in effect until the earlier of: a) The return of the specified EFT transaction; b) a request to withdrawal/revoke/cancel the stop payment order by you or another authorized account holder. Stop payment request(s) on a recurring EFT will remain in effect until the earlier of: a) the return of all such entries relating to a specific authorization involving the specified payee or indefinitely, b) a request to withdrawal/revoke/cancel the stop payment order by you or another authorized account holder.
Appears in 4 contracts
Samples: Membership Agreement, Membership Agreement, Membership Agreement
Right to Stop Payment of Preauthorized Transfers and Procedure for Doing So. RBFCU cannot cancel an agreement you have with a third party or revoke the authorization that you have provided a third party for recurring automatic transfers from your account(s). If you have arranged in advance to make regular payments from your Account, you can stop any of these payments. A stop payment order, a renewal of an order, or a revocation/cancellation of any such order shall not be effective unless delivered to a member of our staff during our regular business hours and until we have had a reasonable opportunity to act on it. Contact us via the telephone number listed in this disclosure or via our online channels in time for us to receive your request. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. We will charge a fee as set forth in our Fee Schedule for each stop payment order you give. Stop payment request(s) on one-time Electronic Funds Transfers (EFT) will remain in effect until the earlier of: ai) The return of the specified EFT transaction; bii) a request to withdrawal/revoke/cancel the stop payment order by you or another authorized account holder. Stop payment request(s) on a recurring EFT will remain in effect until the earlier of: ai) the return of all such entries relating to a specific authorization involving the specified payee or indefinitely, bii) a request to withdrawal/revoke/cancel the stop payment order by you or another authorized account holder.
Appears in 2 contracts
Samples: Membership Agreement, Electronic Fund Transfers Agreement
