Consumer Account Sample Clauses

Consumer Account an Account used primarily for personal, family and/or household purposes.
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Consumer Account. You agree that your Account is for consumer use only, and is established and to be used primarily for personal, household, or family purposes. We do not have a duty to monitor your Account for business use. If you use your Account for business purposes, you agree that the consumer protection provisions of this Agreement do not apply except to the extent required by law. We may close your Account if we learn that you are using it for business purposes. If you need a credit card account for business or commercial use, please contact us to open a business credit card account.
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Consumer Account. Refers to any Deposit Account held by us which is established primarily for personal, family or household use. Day or days: Refers to a calendar day including Saturdays, Sundays and federal holidays.
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Consumer Account. You may use the Service to deposit checks into any of your FPCU accounts, with the exception of share certificate and XXX accounts. We shall provide you with details of the specific transactions, reported similarly as other transactions requested may be done, which were a result of access to the Service. You will be notified within the Service app when your deposit has been successfully submitted. You will receive an acknowledgement via email containing a reference number for the deposit at the time your deposit is approved. Responsibility for Scanning. You are solely responsible for scanning deposit items, accessing the service, and maintaining your mobile device used for scanning items. You are responsible for the payment of all telecommunications expenses associated with the services. We shall not be responsible for providing or servicing any mobile equipment for your use of the Service. Hardware and Software Requirements (as of 6/16/20). The Service has specific hardware and software requirements. In order to use the service, you will need Internet access and an appropriately enabled mobile device, and must be registered for the Credit Union’s Digital Banking Service. In connection with its use of the Service, you shall only use the hardware described as follows or such other hardware and software as is approved in advance by FPCU: • An Apple iOS device, version 11 or greater, running compatible software; or • An Android device, version 5.0 or greater, running compatible software. You understand that you must, and hereby agree to, at your sole cost and expense, use hardware and software that meets all technical requirements for the proper delivery of the Service as well as fulfills your obligation to obtain, maintain, and secure access to the Internet. You understand and agree you may also incur, and shall pay, any and all expenses related to the use of the Service, including, but not limited to, telephone service or Internet service charges. You are solely responsible for the payment of any and all costs and expenses associated with meeting and maintaining all technical requirements and additional items necessary for the proper use of the Service. You understand and agree that you are solely responsible for the operation, maintenance, repairs, upgrades and replacements, of your personal computing equipment. The Credit Union is not responsible for, and you hereby release FPCU from any and all claims or damages resulting from, or related to, any virus o...
Sample 1
Consumer Account. Consumer will designate a Financial Plus Credit Union checking account as the settlement account to be used for the purposes of settling, in aggregate, the financial transactions requested in connection with the Mobile Check Deposit. Savings or other share accounts may not be used for deposits via Mobile Check Deposit. We shall provide Consumer with details of the specific transactions, reported similarly as other transactions may be done, which were a result of access to the service. Consumer will receive an automated deposit confirmation in the form of a unique transaction confirmation number after successful transmission at the time a deposit is transmitted to us. Consumer is responsible for auditing and balancing of their account.
Sample 1

Related to Consumer Account

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Disclosure Statement for Xxxxxxxxx Education Savings Accounts 1. Who is Eligible for a Xxxxxxxxx Education Savings Account? Anyone may contribute to a Xxxxxxxxx Education Savings Account regardless of his or her relationship to the beneficiary. The beneficiary of a Xxxxxxxxx Education Savings Account

  • Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the member who is covered under a high deductible health plan. The member must be covered under the HSA plan for the months in which contributions are made. HIGH DEDUCTIBLE HEALTH PLAN (HDHP) is a health plan that satisfies certain requirements with respect to deductibles and out-of-pocket expenses. The plan cannot provide payment for any covered healthcare service until the plan year deductible is satisfied, with the exception of preventive care services. HOSPITAL means a facility: • that provides medical and surgical care for patients who have acute illnesses or injuries; and • is either listed as a hospital by the American Hospital Association (AHA) or accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO).

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • Customer Account Customer must have an account and an alphanumeric key uniquely associated with Customer’s account (a “Token”), to the extent applicable, to use the Products and Services, and Customer is responsible for:

  • Flexible Spending Account (FSA) Beginning January 1, 1993, an employee may designate an amount per year to be placed into the employee’s Flexible Spending Account (as defined in Section 125 of the Internal Revenue Code as amended from time to time). The amounts in the account may be used to reimburse the employee for uncovered medical expenses. Amounts placed in the account are not subject to federal, state and Social Security (FICA) taxes. Reports of earnings to MTRFA and pension deductions will be based on gross earnings.

  • User Account You must establish and/or maintain a "My Verizon" account at xxxx://xxxxxxx.xxx/myverizon and enable such My Verizon account to license On Demand Content (on a rental or unlimited basis). Your "My Verizon" account will then become an "On Demand Enabled Account."

  • How Are Distributions from a Xxxxxxxxx Education Savings Account Taxed For Federal Income Tax Purposes? Amounts distributed are generally excludable from gross income if they do not exceed the beneficiary’s “qualified higher education expenses” for the year or are rolled over to another Xxxxxxxxx Education Savings Account according to the requirements of Section (4). “Qualified higher education expenses” generally include the cost of tuition, fees, books, supplies, and equipment for enrollment at (i) accredited post-secondary educational institutions offering credit toward a bachelor’s degree, an associate’s degree, a graduate-level or professional degree or another recognized post-secondary credential and (ii) certain vocational schools. In addition, room and board may be covered if the beneficiary is at least a “half-time” student. This amount may be reduced or eliminated by certain scholarships, qualified state tuition programs, HOPE, Lifetime Learning tax credits, proceeds of certain savings bonds, and other amounts paid on the beneficiary’s behalf as well as by any other deductions or credits taken for the same expenses. The definition of “qualified education expenses” includes expenses more frequently and directly related to elementary and secondary school education, including the purchase of computer technology or equipment or Internet access and related services. To the extent payments during the year exceed such amounts, they are partially taxable and partially non-taxable similar to payments received from an annuity. Any taxable portion of a distribution is generally subject to a 10% penalty tax in addition to income tax unless the distribution is (i) due to the death or disability of the beneficiary, (ii) made on account of a scholarship received by the beneficiary, or (iii) is made in a year in which the beneficiary elects the HOPE or Lifetime Learning credit and waives the exclusion from income of the Xxxxxxxxx Education Savings Account distribution. You may be allowed to take both the HOPE or Lifetime Learning credits while simultaneously taking distributions from Xxxxxxxxx Education Savings Accounts. However, you cannot claim a credit for the same educational expenses paid for through Xxxxxxxxx Education Savings Account distributions. To the extent a distribution is taxable, capital gains treatment does not apply to amounts distributed from the account. Similarly, the special five- and ten-year averaging rules for lump-sum distributions do not apply to distributions from a Xxxxxxxxx Education Savings Account. The taxable portion of any distribution is taxed as ordinary income. The IRS does not require withholding on distributions from Xxxxxxxxx Education Savings Accounts.

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