Common use of Account Limitations Clause in Contracts

Account Limitations. For Money Market accounts, you are restricted from making more than six (6) transfers or withdrawals during any statement period to another Credit Union account of yours or to a third party by means of a preauthorized or automatic trans- fer or telephonic order (audio response) or instruction. A preauthorized transfer includes any arrangement with the Credit Union to pay a third party from the member’s account upon oral or written orders includ- ing orders received through the automated clearing house (ACH). In addition to the transactions speci- fied above, you may make unlimited withdrawals or transfers as follows: (i) transfers to any loan account with the Credit Union; or (ii) transfers or withdrawals (payments directly to you) in person, ATM, if ap- plicable, from a share account to another Credit Union account of yours. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to suspension or closure by the Credit Union, and the Credit Union may impose an excess withdrawal charge which is set forth on the Rate and Fee Schedule.

Appears in 4 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

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Account Limitations. For Money Market share accounts, you and any joint account owner are restricted from making no more than six (6) transfers or withdrawals during any statement period to another Credit Union account of yours or to a third party by means of a preauthorized or automatic trans- fer transfer or telephonic order (audio response) or instruction. A preauthorized transfer includes any arrangement with the Credit Union to pay a third party from the member’s 's account upon oral or written orders includ- ing including orders received through the automated clearing house (ACH). In addition to the transactions speci- fied specified above, you may make unlimited withdrawals or transfers as follows: (i) transfers to any loan account with the Credit Union; or (ii) transfers or withdrawals (payments directly to you) by mail, messenger, in person, ATM, if ap- plicableapplicable, from a share account to another Credit Union account of yours. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to suspension or closure by the Credit Union, and the Credit Union may impose an excess withdrawal charge which is set forth on the Rate and Fee Schedule.

Appears in 1 contract

Samples: calcoefcu.com

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Account Limitations. For Money Market share accounts, you and any joint account owner are restricted from making more than six (6) transfers or withdrawals during any statement period to another Credit Union account of yours or to a third party thipradrty by means of a preauthorized or automatic trans- fer transfer or telephonic order (audio response) or instruction. A preauthorized instructionA.preauthorized transfer includes any arrangement with the Credit Union to pay a third party from the member’s members account upon oral or written orders includ- ing ordersincluding orders received through the automated clearing house (ACHXXXXx). In addition to the transactions speci- fied specified above, you may make unlimited withdrawals or transfers as follows: (i) transfers to any loan tyolaonan account with the Credit Union; or (ii) transfers or withdrawals orwithdrawals (payments directly to you) by mail, messenger, in person, ATM, if ap- plicableapplicable, from a share account to another Credit Union account of yoursyoursIf. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to suspension or closure by the Credit Union, and the Credit Union may impose an excess withdrawal charge which is set forth on chargewhich fisorstehton the Rate and Fee Schedule.Schedul.e

Appears in 1 contract

Samples: www.newrizonsfcu.com

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