Telephone Transfers definition

Telephone Transfers. You may access your account(s) by telephone at 0-000-000-0000 using a touch tone phone, your account number(s) and your personal identification number. ATM Activity: You may access your account(s) by ATM by using your Card and PIN to: • Make cash withdrawals from your account. You may withdraw no more than $500.00 per day. • Make Access Deposits into your account. • Get balance information.
Telephone Transfers. You may transfer funds between your checking, money market, and statement savings accounts or pay loans with us from these accounts using our telephone transfer system.
Telephone Transfers. A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Unless a different limitation is disclosed in writing, we restrict the number of transfers from a savings account to another account or to third parties, to a maximum of six (6) per month (less the number of "preauthorized transfers" during the month). Other account transfer restrictions may be described elsewhere. TRANSFER LIMITATIONS: For savings and money market accounts you may make up to six (6) transfers or withdrawals by means of a preauthorized, automatic, computer, or telephonic transfer to another account of yours or to a third party by check, debit card, or similar order during any calendar month (or statement cycle of at least four (4) weeks). A preauthorized transfer includes any arrangement with us to pay a third party from your account at (i) a predetermined time; (ii) on a fixed schedule or (iii) upon oral or written orders including orders received through the automated clearing house (ACH). If the transfer or withdrawal is initiated in person, by mail, or at an ATM then there is no limit. Withdrawals by phone are also unlimited if you are requesting that a check payable to you be mailed to you. The fee for withdrawals by check is set forth in our current fee disclosure. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to the removal of the ability to perform preauthorized transactions or reclassification. In addition, we may charge your account an excess activity fee based on our current fee disclosure.

Examples of Telephone Transfers in a sentence

  • You will be issued a Personal Identification Number (PIN) to be used in conjunction with ABEFCU ATM or ABEFCU Debit MasterCard transactions, and separate Access Codes to be used in conjunction with Our ABE Audio Response Telephone Transfers system, ABE Online Banking Computer Transfers and ABEFCU Mobile App transactions.

  • ABE Audio Response Telephone Transfers operates 24 hours every day.

  • You will be provided with a fee schedule, ABE Audion Response Telephone Transfers, ABE Online Banking Computer Transfers, and ABEFCU Mobile App information after Your Account is established.

  • An electronic fund transfer is any transfer of funds which is performed through the use of Your Card, Our ABE Audio Response Telephone Transfers system, Our ABE Online Banking Computer Transfers system, Our ABEFCU Mobile App system, E-Check or other electronic device.

  • Telephone Transfers A transfer of funds from your account to another account with us by telephone, if otherwise permitted or arranged for, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing.


More Definitions of Telephone Transfers

Telephone Transfers. A transfer of funds from one of your accounts to another of your accounts at the Credit Union may be made by telephonic instructions given by the same persons and under the same conditions that a written transfer request could be made. You agree that the Credit Union may rely upon the apparent authority of a person that is able to provide the Credit Union with the information we require to initiate a transaction by telephone. Checks you Request from the Credit Union: If you request any check be issued by the Credit Union pursuant to any means we make available, then all such checks are payable to the first named owner of the account, record owner, trustee, custodian, or as otherwise indicated on your account card with us and will be mailed to your address of record. However, if any account owner(s) appears in person with valid identification, an official check can then be made payable to whomever they wish. Temporary Holds and Authorizations for Amounts in Excess of Transactions: To facilitate certain electronic transactions you make, we may place temporary holds on your accounts. The Credit Union can neither control the parties with whom you do business nor regulate the processing of transactions through the commercial networks used to facilitate your transactions. Therefore, it is your obligation to insure that sufficient funds are on deposit at all times to cover the transactions you make – including the amount that may be subject to these holds. Pursuant to the processing networks rules, a merchant (hotel, car rental company, retailer, etc.) may obtain authorization for up to 3 times the total estimated amount of your actual hotel stay, car rental or purchase. This is deemed to be an “authorized amount” by you and the authorized amount will not be available via your account until your bill is finally settled with such merchant(s), which can cause an insufficient funds situation in your account(s). Even if your bill is satisfied with another form of payment, the merchant/retailer may continue to hold the funds as originally authorized by you for these time periods. In order to avoid problems associated with these holds and authorizations, we recommend you not use your debit card when checking in at hotels or renting cars (which are the primary source of such holds/authorizations). Right to Reject, Delay or Suspend: We will not be obligated to honor, in whole or in part, (or may delay or suspend) any transaction or instruction which: • Is not in accordan...
Telephone Transfers. A telephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Other account transfer restrictions may be described elsewhere. AMENDMENTS AND TERMINATION: We may change our bylaws and any term of this agreement. Rules governing changes in rates are provided separately. For other changes we will give you reasonable notice in writing or by any other method permitted by law. We may close this account if your membership in the credit union terminates, or by giving reasonable notice to you and tender of the account balance personally or by mail. At our option, we may suspend your rights to member services if you violate the terms of this agreement. You must keep us informed of your current address at all times. Notice from us to any one of you is notice to all of you.
Telephone Transfers. A telephone transfer from one credit union account to another credit union account is permitted. This transfer must be arranged for or made by the same person(s), and under the same conditions generally applicable to withdrawals made in writing. We restrict the number of transfers from a savings account to another account or third parties to a maximum of six (6) per month (less the number of certain “preauthorized transfers” during the month). Other account transfer restrictions may apply. Amendments and Terminations: We may change our by-laws and other terms of this agreement as needed. We will provide you with written notification of changes with reasonable notice. Rules governing changes in dividend rates are stated in the Truth in Savings section. We reserve the right to close your account if your membership in this credit union terminates. You agree to keep us informed about your current address at all times. Notice from us to any one listed on the account is considered notice to all account holders. Statements: You must examine your statement of account withreasonable promptness.” If you discover (or reasonably should have discovered) any unauthorized payments or alterations, you must promptly notify us of the relevant facts. If you fail to do either of these duties, you may experience a loss in your share account (depending on whether we exercised ordinary care and, if not, whether we substantially contributed to the loss). The loss is not limited to items on your statement, but to items forged or altered by the same wrongdoer. You agree that the time you have to exam- ine your statement and report to us will depend on the circum- stances, but that such time will not, in any circumstance, exceed a total of 30 days from when the statement is first made available to you. You further agree that if you fail to report any unauthorized signatures, alterations, forgeries or any other errors in your account within 60 days of when we make the statement available, you cannot assert a claim against us on any items in that state- ment, and the loss will be entirely yours. This 60 day limitation is without regard to whether we exercised ordinary care. Account Transfer: Your account may not be transferred or assigned without our prior written consent. Direct Deposit: If, in connection with a direct deposit plan, we deposit any amount in this account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount o...
Telephone Transfers as used in this paragraph refers to transfers initiated through Online Banking, Online BillPay, and those initiated by telephoning the Bank and instructing Bank personnel to transfer funds from your savings or money market deposit accounts). Additional information can be found in the product brochures. Business Days Our business days are Monday through Friday up to 7:00pm (Central Time), excluding weekends and holidays.
Telephone Transfers as used in this paragraph refers to transfers initiated through Online Banking, Online BillPay, 24-Hour Voice Access System and those initiated by telephoning the Bank and instructing Bank personnel to transfer funds from your savings or money market deposit accounts.) If you exceed the transfer limits, then SouthTrust Bank, N.A. may be required to close your savings or money market account and transfer the balance to a checking account. Transfer Processing Date of Immediate Transfer Request Date Immediate Transfer will be made On a Business Day - before Approximately 5 p.m. Central Time Same Business Day that the transfer is requested.1 On a Business Day - after Approximately 5 p.m. Central Time Transaction will post the next Business Day after the transfer is requested.1 On a day other than a Business Day Transaction will post the next Business Day after the transfer is requested.1 Date of Scheduled Transfer Request Date Scheduled Transfer will be made On a Business Day2 Transaction will post the same Business Day the day the transfer was scheduled.3 On a day other than a Business Day Transaction will post the next Business Day after the day the transfer was scheduled.3 1 If transferring to a SouthTrust Bank, N.A. deposit account, the funds are available upon completion of the transfer.
Telephone Transfers. You may access your account by telephone by calling us toll free at 1­800­323­5109 to: o Transfer funds from checking to savings. o Transfer funds from savings to checking. o Transfer funds from a line of credit to checking or savings. o Make a payment from checking or savings to a loan account with us. o Obtain information for any of your deposit or loan accounts. ● Automated Teller Machine (ATM) Transfers: You may access your account(s) by an ATM using your ATM Card or Debit Card and personal identification number (PIN) to: o Make deposits to checking account(s). o Make deposits to savings account(s). o Get cash withdrawals from checking or savings. ▪ You may withdraw no more than $500 per day. o Transfer funds from savings to checking. o Transfer funds from checking to savings. o Obtain checking account balance information. o Obtain savings account balance information. ● Point­Of­Sale Transactions: Using your card: o You may access your checking account to purchase goods (in person, by phone, by computer), or get cash from a merchant, if the merchant permits. o You may not exceed more than $2,000 in transactions per day. ● Online Banking: You may access your account(s) by using a computer by logging onto xxxxxxxxxxxxxxxxxx.xxx and using your personal username to: o Transfer funds from checking to savings. o Transfer funds from savings to checking. o Transfer funds from a line of credit to checking or savings. o Make a payment from checking or savings to a loan account with us. o Obtain information for any of your deposit or loan accounts.
Telephone Transfers. You may access your account by telephone by calling us at 309­796­7500 or toll free at 1­800­323­5109 to: ○ Transfer funds from checking to savings. ○ Transfer funds from savings to checking. ○ Transfer funds from a line of credit to checking or savings. ○ Make a payment from checking or savings to a loan account with us. ○ Obtain information for any of your deposit or loan accounts. ● Automated Teller Machine (ATM) Transfers: You may access your account(s) by an ATM using your ATM Card or Debit Card and personal identification number (PIN) to: ○ Make deposits to checking account(s). ○ Make deposits to savings account(s). ○ Get cash withdrawals from checking or savings. ■ You may withdraw no more than $500 per day. ○ Transfer funds from savings to checking. ○ Transfer funds from checking to savings. ○ Obtain checking account balance information. ○ Obtain savings account balance information. ● Point­Of­Sale Transactions: Using your card: ○ You may access your checking account to purchase goods (in person, by phone, by computer), or get cash from a merchant, if the merchant permits. ○ You may not exceed more than $2,000 in transactions per day. ● Online Banking: You may access your account(s) by using a computer by logging onto xxxxxxxxxxxxxxxxxx.xxx and using your personal username to: ○ Transfer funds from checking to savings. ○ Transfer funds from savings to checking. ○ Transfer funds from a line of credit to checking or savings. ○ Make a payment from checking or savings to a loan account with us. ○ Obtain information for any of your deposit or loan accounts.