Account Transfer Limitations. On all savings accounts, we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response or digital banking transfers to another of your accounts or to the account of any other person or organization during each statement period. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfer, close your account, and charge a fee as stated in the Schedule of Fees and Charges. Transactions that are not covered by these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an ATM.
Appears in 1 contract
Sources: Member Account Agreement
Account Transfer Limitations. On all savings or money market accounts (all non- transaction accounts), we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response or digital banking internet transfers to another of your accounts or to the account of any other person or organization during each statement periodcalendar month. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfertrans- fer, close your account, and charge a fee as stated in the Schedule of Fees Rate and ChargesFee disclosures. Transactions that are not covered by these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals with- drawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an ATM.
Appears in 1 contract
Sources: Member Service Agreement
Account Transfer Limitations. On all savings share or money market accounts (all non- transaction accounts), we will allow you to make up to six (6) preauthorized, automatic, telephonic, audio response or digital banking internet transfers to another of your accounts or to the account of any other person or organization during each statement periodcalendar month. Your limit of six (6) preauthorized transfers includes those transactions where you order us to pay a person or organization from your account including Automated Clearing House (ACH) transactions. The date we use to determine the number of transactions is the date a transaction is posted to your account, rather than the date you initiate the transaction. If you exceed these limitations in any calendar month, we can refuse or reverse the transfertrans- fer, close your account, and charge a fee as stated in the Schedule of Fees Rate and ChargesFee disclosures. Transactions that are not covered by these limitations include (1) transfers from your account to pay a loan with us, and (2) transfers to your other accounts with us or withdrawals with- drawals by check mailed directly to you, if the transfer or withdrawal is conducted in person, by mail or at an ATM.
Appears in 1 contract
Sources: Member Service Agreement