Common Contracts
1 similar Funds Transfer Agreement contracts
Funds Transfer AgreementFunds Transfer Agreement • October 25th, 2013
This Funds Transfer Agreement applies to all suffixes on this account for Wire Transfers, ACH, or other electronic services. Fedwire is the funds transfer system of the U.S. Federal Reserve Bank. Power Financial CU(we) may accept on the account owner’s(you/your) behalf, payments to your account or transfers from your account, which are transmitted by Fedwire, ACH or through a similar wire transfer system. This agreement and notice applies to transfers as defined in Article 4A of the Uniform Commercial Code and Subpart B of Regulation J of the Board of Governors of the Federal Reserve System. Whenever ACH (Automated Clearing House) is used as part of a transaction that does not involve Fedwire, the rules of ACH will govern that part of the transaction.
