Common use of TERMINATION OF EFT SERVICES Clause in Contracts

TERMINATION OF EFT SERVICES. You may terminate this Agreement or any EFT service under this Agreement at any time by notifying us in writing and stopping your use of your Card and any access code. You must return all Cards to the Credit Union. You also agree to notify any participating merchants that authority to make bill payment transfers has been revoked. We may also terminate this Agreement, we may notify any participating merchant making preauthorized debits or credits to any of your accounts that this Agreement has been terminated and that we will not accept any further preauthorized transaction instructions. We may also program our computer not to accept your Card or access code for any EFT service. Whether you or the Credit Union terminates this Agreement, the termination shall not affect your obligations under this Agreement for any EFTs made prior to termination. GOVERNING LAW Except as may be otherwise set forth in this Agreement, this Agreement is governed by the Credit Union’s Bylaws, federal laws and regulations, the laws and regulations of the state of Colorado and local clearinghouse rules, as amended from time to time.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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