Account Summary. Online Banking is an online, real-time system that will show up-to-the minute account activity. Occasionally, the balance figure in your accounts may not reflect your most recent transactions due to credit union record updating or systems downtime. Also, the available balance figure may include funds that may not be immediately available for withdrawal. You may transfer funds electronically between your consumer accounts at ▇▇▇▇▇▇ ▇'▇▇▇ Credit Union. (All accounts must be in your name and tax identification number.) You may transfer available funds provided there are no other holds on the Accounts. You cannot transfer to or from a passbook savings account or a certificate of deposit account. Upon completion of a transfer using Online Banking, you will be given a confirmation number. You should keep a record of these numbers. No printed receipts are issued through Online Banking. You should print the confirmation screen of your payment to keep for your records. Transfers between accounts take place immediately, therefore, you cannot cancel or change a transfer once you have confirmed it and submitted it. Member to Member transfers allow you to transfer money out of accounts in which you are an owner to ▇▇▇▇▇▇ ▇'▇▇▇ CU Accounts in which you are not an owner of via Online Banking. Transfers between accounts take place immediately, therefore, you cannot cancel or change a transfer once you have confirmed it and submitted it. Transfers must be made in accordance with the terms of this and any other applicable account agreements and disclosures. The transfer feature described here applies only to transfers initiated through the Online Banking Service. It does not cover transfers made through a branch or our telephone Call-24 system. You acknowledge and agree that you are responsible for all transfers and payments you make using Online/Mobile Banking and for paying any and all late charges and penalties. You also acknowledge and agree that, if you permit another person or persons to use Online Banking, or give them your User ID and Password, you are responsible for any transfer or payments that person makes from your Account, even if that person exceeds your authorization. You agree that we may comply with Transfer or Payment Instructions entered by any person using your User ID and Password, subject to the terms set forth more fully below in the Unauthorized Users section of this document. Subject to some limitations based on account type or designation as business or consumer, funds may be transferred: Between your eligible Checking, Money Market, Savings, and Loan accounts using the Transfers widget. All such transfers are effective immediately when you complete and submit the Transfer online, with the exception of VISA payments which post by the start of the next business day.
Appears in 1 contract
Sources: Consumer Online Banking Agreement
Account Summary. Online Banking is an online, real-time system that will show up-to-the minute account activity. Occasionally, the balance figure in your accounts may not reflect your most recent transactions due to credit union record updating or systems downtime. Also, the available balance figure may include funds that may not be immediately available for withdrawal. You may transfer funds electronically between your consumer accounts at ▇▇▇▇▇▇ ▇'▇▇▇ Credit Union. (All accounts must be in your name and tax identification number.) You may transfer available funds provided there are no other holds on the Accounts. You cannot transfer to or from a passbook savings account or a certificate of deposit account. Upon completion of a transfer using Online Banking, you will be given a confirmation number. You should keep a record of these numbers. No printed receipts are issued through Online Banking. You should print the confirmation screen of your payment to keep for your records. Transfers between accounts take place immediately, therefore, you cannot cancel or change a transfer once you have confirmed it and submitted it. Member to Member transfers allow you to transfer money out of accounts in which you are an owner to ▇▇▇▇▇▇ ▇'▇▇▇ CU Accounts in which you are not an owner of via Online Banking. Transfers between accounts take place immediately, therefore, you cannot cancel or change a transfer once you have confirmed it and submitted it. Transfers must be made in accordance with the terms of this and any other applicable account agreements and disclosures. The transfer feature described here applies only to transfers initiated through the Online Banking Service. It does not cover transfers made through a branch or our telephone Call-24 system. You acknowledge and agree that you are responsible for all transfers and payments you make using Online/Mobile Banking and for paying any and all late charges and penalties. You also acknowledge and agree that, if you permit another person or persons to use Online Banking, or give them your User ID and Password, you are responsible for any transfer or payments that person makes from your Account, even if that person exceeds your authorization. You agree that we may comply with Transfer or Payment Instructions entered by any person using your User ID and Password, subject to the terms set forth more fully below in the Unauthorized Users section of this document. Subject to some limitations based on account type or designation as business or consumer, funds may be transferred: Between your eligible Checking, Money Market, Savings, and Loan accounts using the Transfers widget. All such transfers are effective immediately when you complete and submit the Transfer online, with the exception of VISA payments which post by the start of the next business day. The WinStrong saving account is established for long term savings. For this reason, account activity is restricted to the following: • Online and mobile banking deposit/credit transfers are allowed • Online and mobile banking withdrawal/debit transfers are not allowed • Bill payment activity is not allowed from the account ▇▇▇▇▇▇ ▇'▇▇▇ Credit Union has contracted with Metavante Corporation to provide third-party Bill Payment & Presentment service to our members. Metavante will process bill payments directly related to your bill payments initiated through Online Banking. ▇▇▇▇▇▇ ▇'▇▇▇ Credit Union reserves the right to change Internet Bill Payment Service providers. The use of Bill Payment is restricted to payees who accept payment in U.S. Dollars and are located in the United States and territories. You cannot use Bill Pay to make payments to federal, state, and local governments (e.g. tax payments and court directed payments for alimony and child support). Some other categories of payees may also be restricted. To begin using the ▇▇▇▇▇▇ D'Arc CU Bill Pay service, you must enroll online by selecting the Bill Payment button from within Online Banking or with a mobile access device. Within one business day, you will receive an activation email stating that you can begin using Bill Pay immediately. Payees must be set up initially using a desktop computer and cannot be set up using a mobile access device.
Appears in 1 contract
Sources: Consumer Online Banking Agreement