Common use of Sender Acknowledgment Clause in Contracts

Sender Acknowledgment. By using this Service you as Sender authorize the sending of an email or text message instructing the Recipient how to receive the funds that you are sending; you are further authorizing any Recipient of this message to act on the instructions to receive the funds you are sending. You as Sender acknowledge that any party receiving the email message at the email address you provide or text message at the mobile phone number you provide may obtain the funds you are sending. You acknowledge and agree that we are not responsible for determining the identity of the party who receives an email or text message or acts upon the email or text message you as Sender provide. Funds may not reach an intended Recipient because of errors made by the Sender or Recipient, and all funds may be lost. Funds that are credited to the Recipient’s Account cannot be recalled by us. If you suspect that you have entered information incorrectly, call us immediately and we may be able to cancel the Transfer. We have no obligation to cancel the Transfer or to reimburse funds that were transferred according to the Transfer Instructions. Furthermore, we may reject any Transfer request and may terminate your use of this Service for any reason including attempting to originate a Transfer without sufficient available funds to complete the Transfer; see the section below titled "Amendment, Suspension and Termination" for more details. By using this Service, you as Recipient are confirming that you are the person to whom the Sender intends to transfer funds. As the Recipient, you will be asked to provide your debit card information that will be used to transfer funds to your Account. If you choose not to provide your debit card information or your institution is not a part of a participating debit card network, you will be asked to provide your account number and routing information for your account at a financial institution so the funds may be transferred through the Automated Clearing House network. It is important when using the Service that you enter accurate information. You agree that United Federal Credit Union, the receiving financial institution and our Service Provider may rely solely on the instructions you as Receiver provide. If you enter inaccurate debit card or account information, funds may be deposited into another person’s account. You as Receiver acknowledge that the deposit may be made based on the account number or debit card number you provide even if those numbers do not correlate to the name that you provide. It is the Recipient’s responsibility to work with the financial institution to which the funds were sent, and all funds may be lost; funds that are credited to an account in accordance with your instructions cannot be recalled by us. If you suspect that you have entered information incorrectly or that you have received funds in error, call us immediately and we may attempt to cancel the Transfer. We have no obligation to cancel the Transfer or to reimburse funds that were transferred according to the Sender and Recipient’s instructions. By using this Service, you as Recipient agree that you are the intended recipient of the email or text message and that you are the intended recipient of the funds. If you are not the person for whom the funds are intended, then you agree to take no further action to deposit the funds into your account. You understand that it is a federal crime to use another person's identification with the intent to commit unlawful activity. You represent that the information you are providing is your true and correct information. If any information you provide is fraudulent, we reserve the right to recover all costs or losses from you, regardless of whether such costs or losses are incurred directly or indirectly. We have established Transfer limits on the amount of each Transfer. We have also established limits on the number of Transfers and on the total dollar amount of Transfers that can be attempted or completed on a daily and monthly basis. You may send multiple Transfers each day; a separate fee, if any, as disclosed on the fee schedule in effect at the time of the Transfer will be charged for each Transfer you send. We may modify the fee amount and the limitations on the number and amount of Transfers at any time for security reasons or due to account activity. Transfers will be made from the Qualifying UFCU Account for which the debit card designated in the Transfer Instructions was issued. Transfers may overdraft the Qualifying UFCU Account and may result in a transfer from another account, including without limitation a savings account or line of credit, or use of the Courtesy Pay service to cover the overdraft in accordance with the overdraft protections applicable to the Account. In any of these situations, a transfer fee or Courtesy Pay fee will be charged, as applicable. You as Sender will be responsible for any other transaction fees that apply to the Qualifying UFCU Account. Please note that your mobile carrier may charge you for text messaging. Please check your mobile service agreement for details on applicable fees. A receiving financial institution may have limits on the number and type of Transfers allowed. A receiving financial institution may also charge a transaction fee for each transaction. Transfers to remove funds from the Sender’s Account may take place immediately. However, the timing of receipt of the transferred funds will depend on when the Recipient responds to the email and when the receiving financial institution posts the Transfer. The posting of the Transfer is dependent on the business days of the receiving financial institution.

Sender Acknowledgment. By using this Service you the P2P service you, as Sender the sender, authorize the sending of an email or text message instructing the Recipient recipient how to receive the funds that you are sending; you . You are further authorizing any Recipient recipient of this message to act on the instructions to receive the funds you are sending. You as Sender acknowledge that any party receiving the email message at the email address you provide or text message at the mobile phone number you provide may obtain the funds you are sending. You acknowledge and agree that we are not responsible for determining the identity of the party who receives an the email or text message or and acts upon the email or text message you as Sender provide. Funds Your funds may not reach an the intended Recipient recipient because of errors made by the Sender or Recipient, Recipient and you could lose all the funds. The funds may be lost. Funds that are credited to the Recipient’s Account account cannot be recalled by us. If you suspect that you have entered information incorrectly, call us immediately at 800.570.0265 and we may be able to cancel the Transfer. We have no obligation to cancel the Transfer or to reimburse funds that were transferred according to the Transfer InstructionsSender’s instructions. Furthermore, we may reject any Transfer request and may terminate your use of this Service for any reason including attempting to originate a Transfer without sufficient available funds to complete the Transfer; see the section below titled "Amendment, Suspension and Termination" for more detailsinsufficient funded Transfers. By using this Servicethe P2P service, you as Recipient the recipient are confirming that you are the person to whom the Sender sender intends to transfer funds. As the Recipientrecipient, you will be asked to provide your debit card information that will be used to transfer funds to your Account. If you choose not to provide your debit card information or your institution is does not a part of a participating debit card networkparticipate, you will be asked to provide your account information including account number and routing information for your account at a financial institution so institution. In this case the funds may will be transferred through the Automated Clearing House networkACH. It is important when using the Service that you enter accurate information. You agree that United Federal Credit Unionwe, the receiving financial institution institution, and our Service Provider service provider may rely solely on the instructions you as Receiver provide. If you enter inaccurate debit card cardholder or account information, number information the funds may be deposited into another person’s account. You as Receiver acknowledge that the financial institution may make the deposit may be made based on the account number or debit card number you provide even if those numbers do not correlate to the name that you provide. It is Retrieval of these funds will be the Recipientrecipient’s responsibility to work with the financial institution to which the funds were sent, and . You may lose all the funds may be lost; that were transferred. The funds that are credited to an the account in accordance with your instructions cannot be recalled by us. If you suspect that you have entered information incorrectly or that you have received funds in error, call us immediately at 800.570.0265 and we may attempt to cancel the Transfertransaction. We have no obligation to cancel the Transfer transfer or to reimburse funds that were transferred according to the Sender and Recipientrecipient’s instructions. By using this ServiceP2P service, you as Recipient agree that you are the intended recipient of the email or text message and that you are the intended recipient of the funds. If you are not the person for to whom the funds are intended, intended then you agree to take no further action to deposit the funds into your accountaction. You understand that it is a federal crime felony to use another person's identification with the intent to commit unlawful activity. You represent that the information you are providing is your true and correct information. If any information you provide is fraudulent, we reserve the right to recover all costs or losses from you, regardless of whether such costs or losses are incurred directly or indirectly. We have established Transfer limits on the amount of each Transfer. We have also established limits on the number of Transfers and on the total dollar amount of Transfers that can be attempted or completed on a daily and monthly basis. You may send multiple Transfers each day; a separate fee, if any, as disclosed on the fee schedule in effect at the time of the Transfer will be charged for each Transfer you send. We may modify the fee amount and the limitations on the number and amount of Transfers at any time for security reasons or due to account activity. Transfers will be made from the Qualifying UFCU Account for which the debit card designated in the Transfer Instructions was issued. Transfers may overdraft the Qualifying UFCU Account and may result in a transfer from another account, including without limitation a savings account or line of credit, or use of the Courtesy Pay service to cover the overdraft in accordance with the overdraft protections applicable to the Account. In any of these situations, a transfer fee or Courtesy Pay fee will be charged, as applicable. You as Sender will be responsible for any other transaction fees that apply to the Qualifying UFCU Account. Please note that your mobile carrier may charge you for text messaging. Please check your mobile service agreement for details on applicable fees. A receiving financial institution may have limits on the number and type of Transfers allowed. A receiving financial institution may also charge a transaction fee for each transaction. Transfers to remove funds from the Sender’s Account may take place immediately. However, the timing of receipt of the transferred funds will depend on when the Recipient responds to the email and when the receiving financial institution posts the Transfer. The posting of the Transfer is dependent on the business days of the receiving financial institution.

Sender Acknowledgment. By using this Service you you, as Sender the Sender, authorize the sending of an email or text message instructing the Recipient how to receive the funds that you are sending; you . You are further authorizing any Recipient of this message to act on the instructions to receive the funds you are sending. You as Sender acknowledge that any party receiving the email message at the email address you provide or text message at the mobile phone number you provide may obtain the funds you are sending. You acknowledge and agree that we are not responsible for determining the identity of the party who receives an the email or text message or and acts upon the email or text message you as Sender provide. Funds Once a User initiates a transfer of money to an email address or mobile phone number with the Service, you may have no ability to stop the transfer. Your funds may not reach an the intended Recipient because of errors made by the Sender or Recipient, Recipient and you could lose all the funds. The funds may be lost. Funds that are credited to the Recipient’s Account account cannot be recalled by us. If you suspect that you have entered information incorrectly, you can attempt the cancel the transfer or call us immediately and we may be able to cancel the Transfer. We have no obligation to cancel the Transfer or to reimburse funds that were transferred according to the Transfer InstructionsSender’s instructions. Furthermore, we may reject any Transfer request and may terminate your use of this Service for any reason including attempting to originate a Transfer without sufficient available funds to complete the Transfer; see the section below titled "Amendment, Suspension and Termination" for more details. By using this Service, you as Recipient are confirming that you are the person to whom the Sender intends to transfer funds. As the Recipient, you will be asked to provide your debit card information that will be used to transfer funds to your Account. If you choose not to provide your debit card information or your institution is not a part of a participating debit card network, you will be asked to provide your account number and routing information for your account at a financial institution so the funds may be transferred through the Automated Clearing House network. It is important when using the Service that you enter accurate informationinsufficient funded Transfers. You agree that United Federal Credit Unionyou will not use the Service to send money to anyone to whom you are obligated for tax payments, payments made pursuant to court orders (including court-ordered amounts for alimony or child support), fines, payments to loan sharks, gambling debts or payments otherwise prohibited by law, including without limitation, the receiving financial institution and our Service Provider may rely solely on the instructions you as Receiver provide. If you enter inaccurate debit card or account information, funds may be deposited into another person’s account. You as Receiver acknowledge that the deposit may be made based on the account number or debit card number you provide even if those numbers do not correlate to the name that you provide. It is the Recipient’s responsibility to work with the financial institution to which the funds were sentprohibited uses described below, and all funds may be lost; funds that are credited to an account in accordance with your instructions cannot be recalled by us. If you suspect that you have entered information incorrectly or that you have received funds in error, call us immediately and we may attempt to cancel the Transfer. We have no obligation to cancel the Transfer or to reimburse funds that were transferred according to the Sender and Recipient’s instructions. By using this Service, you as Recipient agree that you are will not use the intended recipient of the email or text message and that you are the intended recipient of the fundsService to request money from anyone for such payments. If you are not the person for whom the funds are intended, then you agree to take no further action to deposit the funds into your account. You understand that it is a federal crime to use another person's identification with the intent to commit unlawful activity. You represent that the information you are providing is your true and correct information. If any information you provide is fraudulent, we We reserve the right to recover all costs suspend or losses from you, regardless of whether such costs or losses are incurred directly or indirectly. We have established Transfer limits on the amount of each Transfer. We have also established limits on the number of Transfers and on the total dollar amount of Transfers that can be attempted or completed on a daily and monthly basis. You may send multiple Transfers each day; a separate fee, if any, as disclosed on the fee schedule in effect at the time of the Transfer will be charged for each Transfer you send. We may modify the fee amount and the limitations on the number and amount of Transfers at any time for security reasons or due to account activity. Transfers will be made from the Qualifying UFCU Account for which the debit card designated in the Transfer Instructions was issued. Transfers may overdraft the Qualifying UFCU Account and may result in a transfer from another account, including without limitation a savings account or line of credit, or terminate your use of the Courtesy Pay service Service if we believe that you are using the Service in a manner that exposes floridacentral and/or the Service to cover liability, reputational harm or brand damage. The Service is intended for personal, not business or commercial use. You agree that you will not use the overdraft Service to send or receive payments in accordance connection with your business or commercial enterprise. We reserve the overdraft protections applicable right to decline your registration if we believe that you are enrolling to use the AccountService with your business account or to receive business or commercial payments. In We further reserve the right to suspend or terminate your use of the Service if we believe that you are using the Service for business or commercial purposes, or for any of these situationsthe uses identified directly below. You agree that you will not use the Service to request, send or receive money related to any of the following:  Pharmaceuticals and other controlled substances;  Illegal drugs;  Drug paraphernalia;  Firearms, ammunition or other weapons;  Sexually oriented activities or materials;  Pornography;  Obscene or offensive activities or materials;  Materials or activities that promote intolerance, violence or hate;  Ponzi or pyramid schemes;  Illegal gambling, gaming, lotteries or sweepstakes;  Traveler’s checks, money orders, equities, annuities, or currencies, including digital currencies, such as bitcoins;  Counterfeit materials;  Infringement on the copyright, patent, trademark, trade secret or other intellectual property rights of floridacentral, the Service, a transfer fee Network Financial Institution, another User or Courtesy Pay fee will be charged, as applicable. You as Sender will be responsible for any other transaction fees that apply to the Qualifying UFCU Account. Please note that your mobile carrier may charge you for text messaging. Please check your mobile service agreement for details on applicable fees. A receiving financial institution may have limits on the number and type of Transfers allowed. A receiving financial institution may also charge a transaction fee for each transaction. Transfers to remove funds from the Sender’s Account may take place immediately. However, the timing of receipt of the transferred funds will depend on when the Recipient responds to the email and when the receiving financial institution posts the Transfer. The posting of the Transfer is dependent on the business days of the receiving financial institutionthird party;  Terrorist funding;  Fraud;  Scams;  Money laundering; or  Any other illegal activity or unlawful purpose.