Consumer Accounts definition

Consumer Accounts. Some of the terms set forth in this Agreement, as specified in this Agreement, apply only to Consumer Accounts. A "Consumer Account" is an account held by a natural person and used primarily for personal, family or household purposes.

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Consumer Accounts means accounts that you hold for personal, family, and household purposes, and that are linked to the Primary Company’s account(s) so that you and your Consumer Accounts can receive the Service.

Consumer Accounts. There is no monthly service fee for customers who subscribe to the PFM Service (the “PFM Service Fee”) and use the PFM Service for their Consumer Accounts.

Examples of Consumer Accounts in a sentence

• See the Unauthorized Transactions in Your Consumer Accounts Section of this Agreement for details.

• See the Unauthorized Transactions in Your Consumer Accounts Section of this Agreement regarding how the timeliness of your notice impacts your liability for unauthorized transfers.

• This Section shall apply to both Business Accounts and Consumer Accounts, except to the extent your liability regarding a Consumer Account may be limited by Applicable Law, including but not limited to the Electronic Funds Transfer Act and related federal regulations.

• See the Section titled “In Case of Errors or Questions about Transactions Involving Consumer Accounts” for additional provisions regarding Consumer Accounts.

• If any of the Connected Accounts are Consumer Accounts, the foregoing provision may be limited to the extent required by Applicable Law, including the Electronic Funds Transfer Act and related federal regulations.

• Your liability regarding unauthorized transfers and errors involving Consumer Accounts may be limited by the Electronic Funds Transfer Act and related federal regulations, as further set forth in the Electronic Funds Transfer Initial Disclosure provided to you when you opened your Consumer Accounts.

• An account also may be closed through a signed written authorization form: for Consumer Accounts, the primary account holder, however, we reserve the right in our discretion to require the consent of all joint account owners for termination of a joint account; or for Business Accounts, any authorized signer.

• For Consumer Accounts, statements will be sent only to one owner on your account, normally the primary account holder.

• This section applies to Consumer Accounts Involving Electronic Funds Transfers.

• For Consumer Accounts, see the section below entitled “In Case of Errors or Questions About Transactions Involving Consumer Accounts” for more information.

More Definitions of Consumer Accounts

Consumer Accounts. Means a demand deposit or other asset account in the name of an individual held for personal, family, or household purposes.

Consumer Accounts. For more information concerning errors and questions about transactions on Consumer accounts, you should refer to the Electronic Funds Transfer Disclosures and Agreement, which can be located at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/customer-service/terms-conditions/ebanking-terms- conditions/.

Consumer Accounts. Means a demand deposit or other asset account in the name of an individual held for personal, family, or household purposes. Online Banking services and each of your accounts are governed by the applicable Disclosures, Rates and Fee Schedules provided by the Bank in your new account packet, as each may be modified from time to time. Your initial use of Online Banking services indicates your agreement to be bound by this agreement and acknowledges your receipt and understanding of this document.