Electronic Funds Transfer Disclosure Statement Sample Clauses

Electronic Funds Transfer Disclosure Statement. Some of the accounts to which you have household access through Online Services may be governed by the Electronic Funds Transfer Act (EFTA) and Regulation E ("Reg E"). In general, the EFTA and Xxx E govern accounts established by a natural person primarily for personal, family, or household purposes. The following terms and disclosures apply to accounts governed by the EFTA and Reg E ("EFTA Accounts"), and, with respectto EFTA Accounts, if there is any conflict between these disclosures and terms set forth elsewhere in this Agreement, these disclosures shall control. These disclosures do not apply to accounts that are not EFTA Accounts. Tell us AT ONCE if you believe your Codes (username and password) have been lost or stolen, or if you believethat an electronic fund transfer has been made without your permission using information from your check. Notifying us by telephone is the best way of keeping your possible losses down. You could lose all the money inyour account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your username and password, you can lose no more than $50 if someone used your username and password without your permission. If you do NOT tell us within 2 business days after you learn of the loss or theft of your username and password,and we can prove we could have stopped someone from using your username and password without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed or provided electronically to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip ora hospital stay) kept you from telling us, we will extend the time periods. If you believe your username and password have been lost, stolen, or compromised, call our Online CustomerService. You are fully obligated to us to provide sufficient funds for any payments or transfers you make or authorize tobe made. If we complete a payment or transfer that you make or authorize and we subsequently learn that you have insufficient funds for the transaction, you agree that we may reverse the transaction or offset the shortagewith funds from any other deposit ac...
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Electronic Funds Transfer Disclosure Statement. 1. Member(s) understands the payment/transfer amount will be made as indicated.
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Electronic Funds Transfer Disclosure Statement. ‌ The words “you” and “your” mean the depositor and any co-depositor. The words “we,” “our” and “us” refer to Municipal Credit Union (“MCU”). You may authorize the electronic transfer of funds to or from your account(s) with us. Examples of these types of electronic transfers are:  The periodic direct deposit of government, payroll or other third-party payments into your account(s);  The one-time or periodic transfer of funds from your account(s) to pay your obligations to third parties;  The one-time or periodic transfer of funds you have at another financial institution to pay us or to fund a new account with us;  The one-time transfer of funds from your checking account when you authorize a merchant or other payee to:
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Related to Electronic Funds Transfer Disclosure Statement

  • Electronic Funds Transfer Agreement If you want to reverse an electronic re-presented check, you must give us an affidavit within 15 days after we send or make available to you the periodic statement that reflects payment of that electronic re-presented check. In your affidavit, you must declare and swear under oath that the electronic re-presented check was ineligible or unauthorized. If we receive a proper notice or affidavit from you within the 15-day period, we will recredit your account with the amount of the charge. If you wish to stop payment on any electronic re-presented check, you must follow the procedures contained in this Agreement for stopping payment of checks, not the procedures for stopping payment on electronic loan or xxxx payments. If you ask us to request the depositor’s bank to send us the original paper check or a copy of the paper check, and we provide it to you, you agree that you will not seek to have your account recredited due to a prior stop payment order or if the item is otherwise ineligible for collection.

  • ELECTRONIC FUNDS TRANSFER (EFT The recipient/cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply:

  • Risk Disclosure Statement Counterparty represents and warrants that it has received, read and understands the OTC Options Risk Disclosure Statement provided by Dealer and a copy of the most recent disclosure pamphlet prepared by The Options Clearing Corporation entitled “Characteristics and Risks of Standardized Options”.

  • Electronic Funds Transfer Upon reinstatement by Xxxxxxxx, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.

  • RISK DISCLOSURE STATEMENTS 37.1 General risk disclosure statement applicable to all Securities The prices of securities fluctuate, sometimes dramatically. The price of a Security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling Securities.

  • Disclosure Statement A disclosure statement of the Property signed and dated by the Seller;

  • Electronic Funds Transfers By signing the Account Card, completing and transmitting an online account card or service request, or signing or using the Visa Debit Card, or Home Banking service you agree to the following terms governing your and our rights and responsibilities concerning the electronic funds transfer services, as applicable. Terms and conditions set forth elsewhere in this Agreement shall also apply to your electronic funds transfer service. Electronic funds transfers ("EFTs") are electronically initiated transfers of money through direct deposits, automated teller machines ("ATMs"), point of sale transactions, debit card purchases, audio response transactions and online transactions involving your deposit accounts at the Credit Union.

  • Paper Copies of electronic bills If you start receiving electronic bills from a Xxxxxx, the Xxxxxx may stop sending you paper or other statements. The ability to receive a paper copy of your statement(s) is at the sole discretion of the Xxxxxx. Check with the individual Xxxxxx regarding your ability to obtain paper copies of electronic bills on a regular or as-requested basis.

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