Electronic Fund Transfer Provisions for Consumers. Applicability. These provisions are only applicable to online electronic fund transfers which credit or debit a consumer’s checking, savings or other asset account and are subject to the Federal Reserve Board’s Regulation E (an “EFT”). When applicable, the Bank may rely on any exceptions to these provisions which are contained in Regulation E. All terms that are not defined in this Agreement but which are defined in Regulation E shall have the same meaning when used in this section. In Case of Errors or Questions About Your Electronic Transfers. Telephone us at 000-000-0000, write us at: Valley Premier Bank, XX Xxx 000, Xxxxxx, XX 00000, or email us at xxxxxxxxxxxxxxxxx@xxxxxxxxxxxxxxxxx.xxx as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than sixty (60) days after we sent the FIRST statement on which the problem or error appeared. • Tell us your name and account number (if any). • Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. • Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you send us your complaint or question in writing within ten (10) business days. We will determine whether an error occurred within ten (10) business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five (45) days to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or questions in writing and we do not receive it within ten (10) business days, we may not credit your account. If a notice of error involves an electronic fund transfer that occurred within thirty (30) days after the first deposit to the account was made, the error involves a new account. For errors involving new accounts, point of sale debit card transactions, or foreign-begun transactions, we may take up to ninety (90) days to investigate your complaint or question. For new accounts, we may take up to twenty (20) business days to credit your account for the amount you think is in error. We will tell you the results withi...
Electronic Fund Transfer Provisions for Consumers. Applicability. These provisions are only applicable to online electronic fund transfers which credit or debit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT"). When applicable, the Bank may rely on any exceptions to these provisions which are contained in Regulation E. All terms that are not defined in this Agreement but which are defined in Regulation E shall have the same meaning when used in this section.
Electronic Fund Transfer Provisions for Consumers. As a consumer who uses Electronic Funds Transfer (EFT) services, you have certain rights and responsibilities. These rights and responsibilities are defined by the Electronic Funds Transfer Act and by Regulation E of the Federal Reserve Board. One requirement of this Act and the Regulation is that all financial institutions make certain disclosures to all EFT users. If you use any of the EFT services noted below in Sections I or II, please read the appropriate section carefully. Even if you use only one of our EFT services, please be sure to read the section on general information. • Preauthorized transfers into your savings account, checking account or money market account, such as social security, VA, CSA, RRRET or payroll deposits. How to contact us: If you have arranged to have a Direct Deposit made to your account at least once every sixty (60) days from the same person or company, you may call our Internet Banking Team to find out whether or not the deposit has been made. Documentation: You will receive a monthly Savings Account Statement, Checking Account Statement or a Money Market Statement showing all electronic transfers. If you bring your passbook to us, we will record any EFT deposits that were made. Non-receipt: If a preauthorized Social Security or Federal Recurring Payment is NOT received by this financial institution, a non-receipt letter will be sent to you. • If you have arranged for certain automatic payments to be made from your account such as: insurance premiums or club dues etc., you have the right to stop payment. Here's how: Notify the Origination Company that you wish to discontinue payment. Call or write the Internet Banking Team for us to receive your request no later than three (3) business days before the payment is scheduled to be made. If you call, we may also require you to put your request for stop payment in writing and submit it to us within fourteen (14) days after you call. Periodic Statements: You will receive a monthly Account Statement showing all electronic funds transactions. Liability for failure to stop payment: If you order us to stop payment three (3) business days or more before the debit is scheduled, and we do not do so, we will be liable for your losses or damages. However, there are some exceptions. (See Section III General Information) Fees: A fee will be charged for each stop payment request. The fee amount will be disclosed in the Bank's Fee schedule. Please see the Bank's current fee schedule for any...
Electronic Fund Transfer Provisions for Consumers. You agree that usage of Members First Electronic Services bounds you to the conditions and terms outline in the Electronic Funds Transfers Disclosure (EFT).
Electronic Fund Transfer Provisions for Consumers. This Section applies to all consumer deposit accounts accessed through TBO, including (without limitation) Statement Savings, Personal Checking and Money Market Select, except as noted. Use of TBO requires special consideration for security and privacy of account information to fully protect you from fraudulent access to your accounts.
Electronic Fund Transfer Provisions for Consumers. Transfers that debit or credit a consumer’s deposit account are subject to the Electronic Fund’s Transfer Act as implemented by Regulation E (12 CFR 205).
Electronic Fund Transfer Provisions for Consumers. Applicability. These provisions are only applicable to online electronic fund transfers that credit or debit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT") and/or Massachusetts General Law 167B. When applicable, the Bank may rely on any exceptions to these provisions that are contained in Regulation E and/or MGL 167B. All terms that are not defined in this Agreement but which are defined in the regulations shall have the same meaning when used in this section. • Chapter 167B of the Massachusetts General Laws was enacted to provide a means for financial institutions, businesses, and consumers to conduct their business relations more conveniently. Transferring funds electronically will supplement the use of checks, credit, and cash and will not replace these present methods of doing business. As a consumer, you should be aware of your rights if you choose to utilize this system.
Electronic Fund Transfer Provisions for Consumers. The provisions in this section apply only to electronic fund transfers that debit or credit a consumer's checking, savings or other asset account and are subject to the Federal Reserve Board's Regulation E (an "EFT”). First National Bank Minnesota may, when applicable, rely on any exceptions to the provisions in this section that are contained in Regulation E. All terms not otherwise defined in this Agreement which are defined in Regulation E will have the same meaning when used in this section. Your liability for an unauthorized EFT or a series of related unauthorized EFTs will be determined as follows: If you notify us within two business days after learning of the loss or theft of your password, your liability will not exceed the lesser of $50 or the amount of unauthorized EFTs that occur before notice to us. If you fail to notify us within two business days after learning of the loss or theft of your password, your liability will not exceed the lesser of $500 or the sum of– - $50 or the amount of unauthorized EFTs that occur within the two business days, whichever is less; and - The amount of unauthorized EFTs that occur after the close of two business days and before notice to us, provided we establish that these EFTs would not have occurred had you notified us within that two-day period. You must report an unauthorized EFT that appears on a periodic statement within 60 days of our transmittal of the statement to avoid liability for subsequent transfers. If you fail to do so, your liability will not exceed the amount of the unauthorized EFTs that occur after the close of the 60 days and before notice to us, and that we establish would not have occurred had you notified us within the 60-day period. You may, as applicable, also be liable for the amounts described in the immediately preceding sections 1 or 2 above. If your delay in notifying us was due to extenuating circumstances, we will extend the times specified in the immediately preceding paragraphs 1, 2 or 3 above to a reasonable period. TELEPHONE NUMBER AND ADDRESEES: For questions or errors about online funds transfers, Xxxx Pay Service questions, or any questions in general, please use the “Contact” information on our website for our locations. The telephone number and address to be notified when you believe that an unauthorized EFT has been or may be made are: Call 000-000-0000 during regular banking hours Write to First National Bank Minnesota, 000 Xxxxxx Xx, Xxxxx Xxxxx, MN 56082 S...
Electronic Fund Transfer Provisions for Consumers. The provisions in this Section only apply to personal accounts that are used primarily for personal, family, or household purposes.
Electronic Fund Transfer Provisions for Consumers pg. 2 June 30, 2022 NPESB Online Banking Nekoosa Port Xxxxxxx State Bank Service Agreement for Online Banking
