Common use of Online Banking Clause in Contracts

Online Banking. We offer an Online Banking service that you may access from a personal computer that has Internet access. You will need your assigned password and member number or user name to access your accounts, as instructed when you log on. You may use this service for the following: • Withdraw funds from your accounts • Make transfers between your accounts • Obtain balance information on your accounts; • Make payments on your Credit Union loans from your accounts; • Access internet bill pay services to make payments to various creditors; • Verify whether a check or other item has cleared your account; • Take an advance from a line of credit account; • Obtain tax information on amounts earned on applicable accounts; • Obtain information on interest paid on loan accounts; Our Online Banking service will be available to you 24 hours a day, but may be interrupted for a short period of time each day for data processing. Security protocols will be in place, such as electronic lock- out if there are numerous unsuccessful attempts to enter a transaction, and limits on the duration of access. See the Transfer Limitations provision for transfer limitations that apply to Online Banking transactions. Other EFT Disclosures contained in this document apply to Online Banking services as well. You will also be required to comply with instructions and agreements provided on-line when you log onto the Online Banking service.

Appears in 5 contracts

Samples: Electronic Funds Transfer Agreement, Membership and Account Agreement, Membership and Account Agreement

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Online Banking. We offer an Online Banking service that you may access from a personal computer that has Internet access. You will need your assigned password and member number or user name to access your accounts, as instructed when you log on. You may use this service for the following: • Withdraw funds from your accounts • Make transfers between your accounts • Obtain balance information on your accounts; • Make payments on your Credit Union loans from your accounts; • Access internet bill xxxx pay services to make payments to various creditors; • Verify whether a check or other item has cleared your account; • Take an advance from a line of credit account; • Obtain tax information on amounts earned on applicable accounts; • Obtain information on interest paid on loan accounts; Our Online Banking service will be available to you 24 hours a day, but may be interrupted for a short period of time each day for data processing. Security protocols will be in place, such as electronic lock- out if there are numerous unsuccessful attempts to enter a transaction, and limits on the duration of access. See the Transfer Limitations provision for transfer limitations that apply to Online Banking transactions. Other EFT Disclosures contained in this document apply to Online Banking services as well. You will also be required to comply with instructions and agreements provided on-line when you log onto the Online Banking service.

Appears in 5 contracts

Samples: Electronic Funds Transfer Agreement, Membership and Account Agreement, Membership and Account Agreement

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