Electronic Funds Agreement Sample Contracts

Electronic Funds Transfer (EFT) Disclosure
Electronic Funds Agreement • December 9th, 2014 • Missouri

This Electronic Funds Transfer Agreement is the contract which covers your and our rights and responsibilities concerning the electronic funds transfer (“EFT”) services offered to you by Alliance Credit Union (“Credit Union”). In this agreement, the words “you” and “yours” mean those who sign the application or Account card as applicants, joint owners, or any authorized users. The words “we” and “our” mean the Credit Union. The word “Account” means any one or more savings, checking, money market Account or line of credit loan Account you have with the Credit Union. Electronic fund transfers are electronically initiated transfers of money from your Account through the electronic funds transfer services described below.

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